Tag: ETF

SEC acknowledges Grayscale’s XRP ETF filling

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s XRP ETF filing gets SEC acknowledgement, sparking hopes for institutional investment, while Yeti Ouro gains momentum ahead of its Stage 3 presale. The U.S. The Securities and Exchange Commission (SEC) has finally acknowledged Grayscale’s 19b-4 filing for an XRP ETF. This decision has had major implications for XRP’s market dynamics, with analysts projecting a surge in institutional investment once approved. Meanwhile, a fast-growing new altcoin, Yeti Ouro (YETIO),…

State of Wisconsin’s $162B Investment Board Scoops up More Bitcoin ETF Shares

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The State of Wisconsin Investment Board (SWIB) which manages $162 billion in public assets, bought almost $100 million worth of Blackrock’s Ishares Bitcoin Trust exchange-traded fund (Nasdaq: IBIT) units and invested another $63 million in Grayscale’s bitcoin ETF (NYSE: GBTC) in May 2024, per its filing. Its latest regulatory submission to the U.S. Securities and […] Original

Barclays Purchases $131M of Blackrock’s Bitcoin ETF

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London UK-based Barclays Bank, one of the world’s largest financial institutions with more than $1.5 trillion in assets, purchased $131 million worth of Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF) in 2024. The details were revealed in a routine regulatory filing submitted on Thursday to the SEC. The move marks a sharp shift in the […] Original

Avenir Group expands Bitcoin ETF stake as institutional interest grows

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Avenir Group has expanded its Bitcoin holdings, reporting $599 million in BlackRock’s iShares Bitcoin Trust.  Avenir’s increased exposure was revealed in its 13F filing, which details institutional investments, including asset positions and valuations. The surge aligns with IBIT’s rapid growth, which now manages $56 billion in assets.  The growth of BlackRock’s Bitcoin (BTC) ETF reflects rising institutional interest in crypto investments. Avenir’s expanded stake highlights its strategic bet on the growing demand for regulated digital asset investment products. The firm also disclosed a $4.2 million stake in Fidelity’s Wise Origin…

Barclays reports $131m exposure to BlackRock’s Bitcoin ETF

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Barclays Bank has disclosed a $131 million position in BlackRock’s iShares Bitcoin Trust, according to its latest 13F filing with the U.S. Securities and Exchange Commission. The UK-based institution holds 2,473,064 IBIT shares, marking a move into the Bitcoin ETF market. The purchase took place during the fourth quarter of 2024, covering October through December. This period coincided with a post-election surge in Bitcoin (BTC) prices following U.S. President Donald Trump’s pro-Bitcoin stance.  Barclays’ move adds to a growing trend of institutional adoption of crypto-related products. Other major banks, including…

Top Coins to 100x as SEC Acknowledges First-Ever Dogecoin ETF Filing

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The SEC has acknowledged the filing of a new crypto ETF proposal by Grayscale. That’s the same asset management firm that filed a bid to create a Solana ETF just four days ago. However, this time around, the request is to create a Dogecoin ETF, which makes this the first attempt to launch a meme coin ETF under the pro-crypto Trump administration. Grayscale’s submission proposes to transform the Grayscale Dogecoin Trust Fund into an ETF product, which would track $DOGE’s price on CoinDesk. It’s worth noting that while Trust is…

XRP Spikes 5% After SEC’s ETF Acknowledgment Sends ‘Enormous Message’

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Este artículo también está disponible en español. The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments’ 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency’s confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the start of the formal review process that could ultimately decide whether the product is cleared for public listing. James Seyffart, who reported the news via his X account, stated: “There it is — The SEC just acknowledged Grayscale & NYSE’s 19b-4 filing…

U.S. BTC ETF Witness Third Consecutive Day of Outflows, As BTC Stalls

U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) have seen three consecutive days of outflows totaling $494 million. Wednesday’s outflows were the largest of the three, with $251 million, which saw BlackRock’s iShares Trust (IBIT) register a $22.1 million outflow, with Fidelity Wise Origin Bitcoin Fund (FBTC) registering the largest outflow of $102 million, according to Farside data. The outflows coincided with low volume in the ETFs, and Wednesday saw a total of just $2.58 billion in volume. IBIT registered less than $2 billion in volume, which put it as the…

Bitcoin ETF outflows surge 340%, Fidelity’s FBTC leads

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Spot Bitcoin exchange-traded funds in the U.S. saw a sharp rise in outflows on Feb. 12 amid expectations of a more hawkish Federal Reserve stance on interest rate cuts. According to SoSoValue data, the 12 spot Bitcoin ETFs recorded $251.03 million in outflows—a 342% jump from the $56.76 million seen the previous day. Fidelity’s FBTC led outflows for the third consecutive day with $101.97 million exiting the fund, followed by ARK and 21Shares’ ARKB with $97.03 million. Additional outflows included: Bitwise’s BITB: $25.94 million BlackRock’s IBIT: $22.11 million Invesco Galaxy’s…