Tag: ETF

NYSE Arca proposes rule change to list Bitwise Dogecoin ETF

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NYSE Arca has filed a proposed rule change to list and trade shares of the Bitwise Asset Management Dogecoin exchange-traded fund.  On March 3, the New York Stock Exchange subsidiary filed the 19b-4, which, if approved, would enable the exchange to list the Bitwise Dogecoin (DOGE) ETF, a fund offering direct exposure to the memecoin.  Coinbase will act as the Dogecoin custodian while the Bank of New York Mellon will handle the cash custody, administration, and transfer agency functions, it stated.  The ETF uses cash creations and redemptions, meaning investors…

Bitcoin ETF selling cools off, but not thanks to Trump’s strategic crypto reserve, analysts say

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The recent slowdown in Bitcoin ETF selling isn’t driven by Trump’s crypto reserve plan but rather shifting market dynamics. Spot Bitcoin exchange-traded funds saw their largest outflows since launching in January 2024. For now, the selling pressure may be easing, though not necessarily due to President Donald Trump‘s statement on a strategic crypto reserve, but seemingly because hedge funds unwound basis trades, analysts at Matrixport suggest. Today’s #Matrixport Daily Chart – March 3rd 2025🔽 Bitcoin ETFs See Record Outflows—Is the Selling Finally Over?#Crypto #BTC #BTCETF #CryptoMarket pic.twitter.com/mTXmiy3G51 — Matrixport Official…

Blackrock Incorporates Bitcoin ETF in $150 Billion Portfolio Strategy

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The addition of 1% to 2% allocation of its bitcoin ETF to its model portfolios by Blackrock signals growing institutional confidence in bitcoin, despite recent market turbulence. Blackrock Adds Bitcoin ETF to Model Portfolios, Strengthening Institutional Adoption Blackrock has integrated its iShares bitcoin trust ETF (IBIT) into its $150 billion model portfolio strategy. The move […] Original

SEC again delays Ether ETF options on Cboe

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The US Securities and Exchange Commission has once again extended its deadline for deciding whether or not to permit Cboe Exchange to list options tied to Ether exchange-traded funds (ETFs).  The agency has given itself until May to make a final decision to approve or disapprove of Ether (ETH) ETF options trading on the US exchange, according to a Feb. 28 regulatory filing.  Cboe initially requested to list Ether ETF options in August 2024, but the SEC sought extra time to reach a decision in October.  The exchange is seeking…

BlackRock adds BTC ETF to $150B model portfolio product

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BlackRock, a global investment firm with $11.5 trillion in assets under management, has added its Bitcoin exchange-traded fund (ETF) to its model portfolio product, according to a Feb. 28 report from Bloomberg. Portfolios that allow for alternative assets will be able to put a 1%–2% allocation into the firm’s iShares Bitcoin ETF Trust (IBIT), potentially creating new demand for the exchange-traded fund. The 1%–2% allocation is due to Bitcoin’s (BTC) volatility, which the firm called a “reasonable range” in a paper authored by the BlackRock Investment Institute. Anything more would…

BlackRock to allocate up to 2% of model portfolio to IBIT Bitcoin ETF

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BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, is incorporating Bitcoin into its own model portfolio. According to a Bloomberg report on Feb. 28, the asset manager will allocate 1% to 2% of its Bitcoin (BTC) exchange-traded fund to target model investment portfolios. These allocations, sourced from the BlackRock iShares Bitcoin Trust ETF under the ticker IBIT, will be directed toward the company’s portfolios that include alternative investments. In the investment world, model portfolios are pre-structured funds designed to offer ready-made strategies. They provide…

Bitcoin crash triggered by erosion of ETF cash and carry trade — Analyst

Since reaching all-time highs on Jan. 20, Bitcoin’s price has been suppressed by hedge funds exploiting a low-risk yield trade involving spot exchange-traded funds (ETFs) and CME futures, signaling once again that institutional adoption of crypto assets isn’t a one-way street. This is the general takeaway of analyst Kyle Chassé, who dissected the latest Bitcoin (BTC) price crash in a thread on the X social media platform.  “For months, hedge funds were exploiting a low-risk yield trade using BTC spot ETFs & CME futures,” said Chassé. Now, this cash and…

Bitcoin futures and spot ETF traders capitulate as BTC looks for a bottom

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Bitcoin’s (BTC) daily chart registered a bearish three-blind mice pattern over the past three days, taking BTC’s value outside the long-term established range between $110,000 and $90,000. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Over the past 24 hours, Bitcoin tested the fair value gap, but BTC has struggled to establish bullish momentum from the $82,000 range low. Spot Bitcoin ETFs bleed $3.4 billion in February Between Feb. 24 and Feb. 27, Bitcoin registered a significant drawdown of 12.48%, which was accompanied by an extensive period of spot BTC ETF outflows. Data…

Bitcoin ETF outflows soar over 700%, led by Fidelity’s FBTC

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U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock’s funds as market sentiment turned sour. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $516.41 million in outflows on Monday, a surge of over 700% from the previous day’s $62.77 million, making it the worst single-day outflow since Jan. 8. Fidelity’s FBTC took the biggest hit, losing $246.96 million, followed by BlackRock’s IBIT, which saw $158.59 million in redemptions. Notably, none of the ETFs…