Tag: ETF
Help is Provided to Ethereum and Bitcoin ETF to Turn Grayscale’s Asset Tally at BlackRock
Grayscale Investments was the leading asset manager for cryptocurrencies for many years. But BlackRock has taken the lead, claiming the title nearly eight months after spot Bitcoin ETFs first appeared….
Nearly $200 million worth of cryptocurrency ETF holdings, led by ETHE, are disclosed by DRW
In its most recent Form 13F filing with the U.S. Securities and Exchange Commission, Chicago-based high-frequency trading firm DRW Holdings revealed that it now holds at least $195 million worth…
Day 3 sees $152M in withdrawals from Ethereum Spot ETFs, while Grayscale ETHE loses $346M
According to SoSoValue data, on day three, the cumulative outflows from seven of the eight recently established spot Ether ETFs totaled $152m. The two best-performing ETFs, iShares Ethereum Trust ETF…
BlackRock’s IBIT achieves $523M in inflows on the largest day since March
With more than $523 million coming into the BlackRock spot Bitcoin exchange-traded fund (ETF) on Monday, it saw its largest day of inflows in more than four months. Hey Apollo…
Before Spot ETF launched, protocols for liquid staking received 290,000 ETH
Changes in Liquid Staking: Frax Ether Rises, Swell Falls Lido now holds 72.3% of the 13.44 million ether that is tied up in liquid staking methods as of the time…
Ethereum ETFs Are Expected to Draw About 33% of Bitcoin ETF Inflows: Galaxy Digital
The vice president of research at the company, Charles Yu, recently published a blog post predicting that Ethereum ETFs will receive about one-third of the inflows seen in comparable Bitcoin…
Within the first five months, Galaxy Digital anticipates up to $7.5 billion coming into ETH ETFs
Exchange-traded funds that track Ethereum’s native token, according to Galaxy Digital, have the potential to grow into a multi-billion dollar industry shortly after being approved. According to a report released…
The $4.7 million Ethereum ETF seed investment was disclosed by asset management behemoth Fidelity in an SEC filing
large asset management firm Fidelity disclosed a $4.7 million initial investment for its spot Ethereum ETH -3.24% exchange-traded fund in its most recent amended filing. FMR Capital, Inc., a Fidelity…
An expert claims that spot ETF basis trades are responsible for an 80% increase in CME bitcoin futures open interest
Because institutional investors are using spot bitcoin exchange-traded funds (ETFs) and the CME bitcoin futures market for basis trades, open interest has surged dramatically. According to Gabriel Selby, principal research…
To introduce Solana ETP in Canada, 3iq applies
A request to introduce the first Solana SOL -0.58% exchange-traded product (ETP) in Canada has been made by the investment firm 3iQ. According to a statement released by 3iQ on…
UK cryptocurrency ETN trading volumes are minimal, but 21Shares claims that retail access would be a “game changer”
Following its approval by the Financial Conduct Authority, the country’s financial regulator, and their May 28 launch on the London Stock Exchange, low trading volumes have been seen in UK…
Bitcoin ETFs Continue Their Winning Inflow Trend; BlackRock’s IBIT Exceeds $20B in Total Assets
Yesterday, the U.S.-based spot bitcoin ETFs had net inflows for 15 straight sessions. BlackRock’s iShares Bitcoin Fund (IBIT) reached over $20 billion in assets under management for the first time,…
Tuesday marks the launch of the first Bitcoin ETF in Australia
The ETF, which is represented by the symbol IBTC, will have a 0.98% management fee. The fund’s issuer, Monochrome Asset Management, makes it available to investors so they can use…
ARK Invest ceases to be a partner in the proposed spot Ethereum fund
According to a revised registration statement submitted late Friday, ARK Invest would no longer be a partner with 21Shares for a proposed spot Ethereum fund. The 21Shares Core Ethereum ETF…
Fee for Ethereum ETF Revealed by Franklin Templeton
As the first asset manager to do so, Franklin Templeton has disclosed the management cost for its proposed Ether spot ETF, and it’s essentially nonexistent. In contrast to rates charged…
Analysts Forecast That After ETF Approval, ETH Price Will Soar to at Least $6,000
According to analysts, Ethereum now has a clear route to surpass its previous all-time high and rise to at least $6,000 after the spot Ethereum Exchange-Traded Fund received approval from…
Regulators in Hong Kong Want to Permit Ethereum ETF Staking
This move might set the Asian financial center apart from the US’s cautious position and establish it as a leader in the cryptocurrency investment space. Can Staking Help Hong Kong’s…
Monday Sees $39 million in withdrawals from Hong Kong Bitcoin and Ether ETFs
Following bitcoin’s decline below $61,000 on Friday, there were significant withdrawals from both the Hong Kong-listed spot bitcoin and the ether exchange-traded funds (ETFs) on Monday. According to statistics from…
Wintermute declares liquidity support for ether ETFs and bitcoin spot in Hong Kong
In an effort to strengthen its position in the Asian cryptocurrency markets, cryptocurrency market maker Wintermute said today that it will supply liquidity to OSL and HashKey for spot bitcoin…
The 7RCC Spot Bitcoin and Carbon Credit Futures ETF decision has been postponed by the SEC
The Securities and Exchange Commission stated that deliberations over the next course of action for a proposed exchange-traded fund that focuses on bitcoin and carbon credit futures contracts will take…