US exchange Nasdaq has filed a rule change with the Securities and Exchange Commission to remove limits on options tied to spot Bitcoin and Ether exchange-traded funds, in a move to align crypto ETF options with rules applied to other commodity-based funds. The proposal, filed on Jan. 7 and made effective on Wednesday, lifts the existing 25,000-contract limits on options linked to a range of Bitcoin (BTC) and Ether (ETH) ETFs listed on Nasdaq, including products from BlackRock, Fidelity, Bitwise, Grayscale, ARK/21Shares and VanEck, according to the filing. The SEC…
Tag: ETF
Bitwise Launches Bitcoin, Precious Metals ETF to Hedge Currency Devaluation
Key Notes Bitwise’s new BPRO fund maintains minimum 25% gold allocation while actively adjusting Bitcoin, precious metals, and mining stock positions. The 0.96% annual fee undercuts competitor BTGD’s 1.05% expense ratio in the currency debasement hedge category. Partnership with Boston-based Proficio Capital brings $5 billion firm’s expertise to precious metals strategy component. Bitwise Asset Management launched the Bitwise Proficio Currency Debasement ETF on NYSE Arca on Jan. 22. The fund combines Bitcoin BTC $89 422 24h volatility: 0.7% Market cap: $1.79 T Vol. 24h: $41.96 B with gold and other…
Bitwise Launches ETF Pairing Bitcoin and Gold
Bitwise Asset Management has launched a new exchange-traded fund (ETF) designed to hedge against currency debasement, underscoring how digital assets are increasingly being incorporated into broader macro investment strategies following the success of spot Bitcoin ETFs. On Thursday, Bitwise unveiled the Bitwise Proficio Currency Debasement ETF, which trades on the NYSE under the ticker BPRO. The actively managed fund seeks to address the declining purchasing power of fiat currencies through a portfolio that includes Bitcoin (BTC), precious metals and mining equities. Unlike spot Bitcoin ETFs, BPRO allows for discretionary allocation…
F/m Seeks SEC Approval to Tokenize Shares of $6B Treasury ETF TBIL
F/m Investments has asked the United States Securities and Exchange Commission (SEC) to allow it to tokenize shares of its flagship Treasury exchange-traded fund (ETF). The $18 billion asset manager filed Wednesday for exemptive relief to let the F/m US Treasury 3 Month Bill ETF (TBIL) record ownership of its roughly $6 billion in shares on a permissioned blockchain, while remaining a standard 1940 Act exchange‑traded fund. In its press release, F/m describes the filing as the “first of its kind” from an ETF issuer seeking US regulatory relief specifically…
Thailand SEC Plans Crypto ETF Rules This Year
Key Notes Thailand’s Securities and Exchange Commission plans to issue crypto ETF rules early this year. Monthly crypto trading exceeds ฿100 billion, dominated by USDT. Lawmakers have called regulators and Bitkub to testify as the baht gains 9%. Thailand’s Securities and Exchange Commission (SEC) plans to issue formal rules for crypto exchange-traded funds (ETFs) early this year. The framework will allow regulated crypto ETFs to launch domestically and give investors exposure without direct wallet or custody risk. The SEC has approved the concept in principle and is now finalizing investment…
Thailand SEC Prepares Crypto ETF, Futures Trading Rules
Thailand’s Securities and Exchange Commission is preparing new regulations to support crypto exchange-traded funds (ETFs), crypto futures trading and tokenized investment products. SEC deputy secretary-general Jomkwan Kongsakul said the regulator plans to issue formal guidelines supporting the establishment of crypto ETFs in Thailand “early this year,” the Bangkok Post reported on Thursday. “A key advantage of crypto ETFs is ease of access; they eliminate concerns over hacking and wallet security, which has been a major barrier for many investors,” Kongsakul said. The SEC will also regulate and enable crypto futures…
XRP Drops Below $2 as ETF Outflows Spike and Stablecoin Settlement Debate Clouds Outlook
XRP has slipped below the $2 mark, extending a week-long decline that has unsettled traders and renewed questions about the token’s short-term outlook. Related Reading The drop comes amid heavy outflows from XRP exchange-traded funds (ETFs), broader market weakness tied to U.S. tariff developments, and fresh debate over Ripple’s growing focus on stablecoins for global payments. After briefly recovering to around $2.20 in mid-January, XRP fell as low as $1.85 over the weekend following what market commentators described as a liquidity sweep. XRP’s price trends to the downside on the…
ETF Carnage Returns as Bitcoin, Ether, XRP Suffer Heavy Post-Holiday Exits
Crypto ETFs reopened after the holiday to aggressive selling pressure, with bitcoin and ether leading a broad market retreat. Only solana managed to stay afloat, narrowly avoiding the red as risk appetite evaporated elsewhere. Markets Reopen to Huge Exits as Crypto ETFs See Widespread Capitulation A calm holiday break did little to prepare investors for […] Original
Grayscale Files with US SEC to Launch NEAR Trust ETF, Will NEAR Price Rally Soon?
Key Notes The Grayscale NEAR ETF will track the NEAR price using the CoinDesk reference rate, with Coinbase Custody serving as prime custodian. Following the SEC filing, NEAR price bounced back after hitting the lows of $1.5 earlier today. Market analysts continue to stay bullish as NEAR Intents trading volume surges rapidly. Crypto asset manager Grayscale recently submitted its S-1 form to the US Securities and Exchange Commission (SEC) to launch its NEAR Trust in the market. The filing notes that the asset manager would later convert this trust into…
Grayscale Files To Convert NEAR Protocol Trust Into Spot ETF
Crypto asset manager Grayscale has filed with the US Securities and Exchange Commission to convert its NEAR Protocol Trust to an exchange-traded fund. Grayscale filed a preliminary prospectus on Tuesday for the Grayscale NEAR Trust, a security that offers shares representing fractional ownership in NEAR Protocol tokens (NEAR). The company intends to convert the existing Trust into an ETF to be listed on the New York Stock Exchange Arca. The move follows Grayscale’s established pattern of launching products as private trusts, moving them to OTC markets, and eventually converting them…