Tag: ETF

Modest CME Solana futures fanfare signals possible ETF turnout: K33

Demand for the CME Solana futures product could indicate future investor appetite for an ETF tracking the altcoin. The CME Solana (SOL) futures debuted to lackluster trading activity compared to Bitcoin (BTC) and Ethereum (ETH) futures products on the Chicago Mercantile Exchange, wrote K33 head of research Vetle Lunde and senior analysts David Zimmerman. Launched on March 17, the CME SOL futures recorded a modest $12.3 million for trading volume and only $7.8 million in open interest. Conversely, CME Bitcoin futures secured $102.7 million in launch day trading volume in…

Best Crypto to Buy as Canary Capital Files for First-Ever SUI ETF

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The best crypto to buy are now shining stronger that the SEC has acknowledged the filing of the first-ever SUI-based ETF by Canary Capital – an institutional crypto management…

Canary Capital proposes first Sui ETF in US SEC filing

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Canary Capital has filed its sixth proposed crypto exchange-traded fund (ETF) with US regulators, this time for one tracking the spot price of the crypto token Sui. In a March 17 Form S-1 filing to the Securities and Exchange Commission, the crypto investment firm requested to list the Canary SUI ETF, which didn’t include information on what exchange it would trade on or the proposed ticker symbol. The ETF would directly hold Sui (SUI), the native token of the layer-1 blockchain used for fees and staking, which is the 23rd…

Canary Capital adds SUI to crypto ETF filings

Canary Capital has added layer-1 blockchain token Sui to its list of potential ETFs. Canary Capital reportedly filed documents with the U.S. Securities and Exchange Commission (SEC) to list and trade shares for a spot exchange-traded product tracking layer-1 cryptocurrency Sui. (SUI). The S-1 filing, also called registration of securities, came after Canary registered a Sui trust in Delaware on March 7 ahead of formal paperwork submitted to the SEC. A potential spot SUI ETF expands the firm’s existing basket of bids for crypto products on Wall Street. Canaray Capital…

Hashdex amends S-1 for crypto index ETF, adds seven altcoins

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Asset manager Hashdex has amended its S-1 regulatory filing for its cryptocurrency index exchange-traded fund (ETF) to include seven altcoins in addition to Bitcoin (BTC) and Ether (ETH), according to a March 14 filing.  The revision proposes adding seven specific altcoins to the index ETF — Solana (SOL), XRP (XRP), Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Litecoin (LTC), and Uniswap (UNI). As of March 17, the Hashdex Nasdaq Crypto Index US ETF holds only Bitcoin and Ether. Previous versions of Hashdex’s S-1 suggested the possibility of adding other cryptocurrencies in…

Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

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Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency. Bitcoin Institutional Investors Withdraw For The Fifth Straight Week After a strong start to the year which saw the Bitcoin ETFs attract over $5 billion in investments, institutional investors have shown much caution in recent weeks indicated by massive withdrawals. According to data…

Coinbase (COIN) Stock Decline Can’t Stop Highly Leveraged Long ETF Rollouts

Leverage Shares by Themes has launched a new exchange-traded fund (ETF) tied to the Nasdaq-listed cryptocurrency exchange Coinbase (COIN) stock despite a downturn in the crypto-related shares. The Leverage Shares 2X Long Coinbase Daily ETF (COIG) is designed to deliver twice the daily return of Coinbase’s stock price, offering traders an amplified exposure to the U.S.’s largest cryptocurrency exchange. The ETF, which carries an expense ratio of 0.75%, is listed on Nasdaq, according to a press release. The launch comes amid a significant cryptocurrency market downturn that saw bitcoin (BTC)…

VanEck files for AVAX ETF

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Global investment manager VanEck has filed for an Avalanche (AVAX) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) seeking to offer investors direct exposure to the smart contract platform.  A snippet of the S-1 filing was shared on social media on March 14 by Bloomberg analyst James Seyffart, who has been closely monitoring developments in the crypto ETF industry. Source: James Seyffart The proposed VanEck Avalanche ETF intends to “reflect the performance of the price of “AVAX,” the native token of the Avalanche network, less the expenses…

‘First-of-Its-Kind’ ETF Focuses on Bitcoin-Linked Corporate Bonds

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Retail investors can now access bitcoin-backed corporate bonds through a groundbreaking ETF, offering exposure to companies using convertible debt to integrate bitcoin into their financial strategy. Nasdaq-Listed ETF Offers Bitcoin Corporate Debt Exposure REX Shares announced on March 14 the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF (Nasdaq: BMAX), a new investment […] Original