Tag: ETF

Ethereum Breaks Barriers, Targets $6K Amid Record ETF Activity

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Este artículo también está disponible en español. The increasing prominence of Ethereum is once again in the spotlight, as recent data indicates a substantial inflow of funds into Ether-based ETFs. These products have experienced a remarkable $133 million in net inflows over the course of seven days, indicating a significant increase in institutional interest and investor confidence. Related Reading Ethereum isn’t just optimistic about exchange-traded funds (ETFs). Analysts are making big price predictions for the cryptocurrency right now. This is because its network is being used more and more in…

Spot Bitcoin ETF inflows surge 90%, closing in on Satoshi Nakamoto’s BTC holdings

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Inflows into U.S. spot Bitcoin ETFs surged by over 90% on Dec. 3 compared to the previous day, bringing their total holdings closer to matching the Bitcoin stash attributed to founder Satoshi Nakamoto. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $675.97 million inflows on Tuesday, nearly doubling the $353.67 million seen the previous day. These investment vehicles have now enjoyed four consecutive days of net inflows, totaling over $1.45 billion within that span. BlackRock’s IBIT led the pack for the third consecutive day, with $693.25 million…

Metaplanet shares added to Amplify Transformational Data Sharing ETF

Metaplanet has been added to the the Amplify Transformational Data Sharing ETF or BLOK, a global index that invests in leading blockchain companies including SBI Holding, MicroStrategy and Nvidia. On Nov. 28, the Japanese investment firm announced its inclusion into BLOK, joining a lineup of 53 companies that engage in the development and utilization of blockchain technology. The ETF features leading industry players including MicroStrategy, Robinhood, Nvidia, and SBI Holdings. According to the press release, Metaplanet’s estimated starting weight on the BLOK will be around 2.9%. As of Nov. 29,…

Bitcoin ETF inflows resume amid renewed investor optimism in BTC

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U.S. spot Bitcoin exchange-traded funds saw renewed inflows on Nov. 27 as investor sentiment toward the flagship cryptocurrency improved, driven by Bitcoin’s rally toward the $100K milestone. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $103.09 million in inflows on Nov. 27, ending two consecutive days of outflows during which over $561 million exited the funds. Bitwise’s BITB led the inflows with $48.05 million, followed closely by Fidelity’s FBTC, which reported $40.24 million in inflows. Grayscale Bitcoin Mini Trust and Franklin Templeton’s EZBC contributed $11.99 million and…

Bitwise proposed Bitcoin-Ethereum tied ETF to SEC

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Bitwise, one of the listed companies that issued Bitcoin spot ETF in January, has proposed the crypto mixed-based ETF to the authorities. According to the S-1 filling document on Nov 26, Bitwise Asset Management proposed the Bitcoin-Ethereum-based spot ETF to the Securities and Exchange Commission (SEC). This proposal came after their product of Bitcoin ETF options was approved for trade and was released last week. As a multi-billion Bitcoin ETF issuer, the company aims to bring balanced exposure and easier access to its customers between the two largest cryptocurrencies by market capitalization.…

Bitcoin ETF volume reached $5b as Bitcoin price dropped $91k

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Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin spot exchange-traded fund (ETF) recorded volume trading of $5 billion on Nov. 26; the volume was led by dominant key players in the industry, including BlackRock, Fidelity and Grayscale. According to Coinglass data, BlackRock’s iShares Bitcoin Trust (IBIT) record $3.46 billion volume trading in the past 24 hours. At the time of writing, IBIT is the highest among its…

Solana ETF Prospects Brighten Amid Productive SEC Talks With Issuers

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Este artículo también está disponible en español. On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price. SEC Progresses On Solana ETF Talks According to sources familiar with the matter cited by Terret, discussions between SEC staff and issuers are currently “progressing.” The SEC is reportedly reviewing…

Grayscale will begin trading Bitcoin ETF options

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Grayscale will start trading the Bitcoin ETF options for both products on November 21, following BlackRock’s IBIT options trading on the previous day, which reached $1.9 billion in a day. An American asset manager, Grayscale Investment LLC, announced on their X’s post on Nov. 20 that both of their Bitcoin spot ETF products will be available for options trading on Thursday. “Grayscale thrilled that Options trading on both $GBTC and $BTC will begin tomorrow, further the developing ecosystem around our U.S.-listed #Bitcoin ETP,” the company official X said. Grayscale Bitcoin Trust (GBTC)…

Franklin Templeton crypto index ETF delayed by SEC

Franklin Templeton, one of the crypto exchange-traded fund (ETF) issuers, has expressed interest in releasing the crypto index ETF, but the authorities are now delaying it. The Securities and Exchange Commission (SEC) detained the deadline for approving the crypto index ETF by Franklin Templeton. According to the filing on Nov. 20, the authorities raised their concern about the sufficient time they needed to decide whether it would be accepted or declined. “The Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so…