Tag: ETF

SEC pushes back Ethereum ETF options decision to November

The United States Securities and Exchange Commission has delayed its decision regarding the approval of options trading for spot Ethereum ETFs. In two separate filings, the SEC said it requires “sufficient time to consider the proposed rule change” that would allow Nasdaq ISE LLC and NYSE American LLC to offer options trading for spot Ethereum ETFs. Currently, BlackRock’s iShares Ethereum Trust (ETHA), Bitwise’s Ethereum ETF (ETHW), Grayscale’s Ethereum Trust (ETHE), and Ethereum Mini Trust (ETH) are the funds seeking the commission’s approval. BlackRock filed for the rule change for its…

BNY Mellon targets crypto ETF custody post-SAB 121 review

Following an exemption from an SEC staff accounting bulletin, BNY Mellon edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY Mellon was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds on Wall Street. According to the report, America’s oldest banking house moved closer to crypto ETF custody after a review by the Office of the Chief Accountant at the U.S. Securities and Exchange Commission. The review, which seemingly granted BNY Mellon a Staff Accounting Bulletin 121 (SAB 121) exemption, means…

Spot Bitcoin ETF inflows tumble, Ether ETFs shed $79.3m

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Spot Bitcoin exchange-traded funds in the U.S. experienced a significant drop in net inflows on Sept. 23, while spot Ether ETFs ended their two-day inflow streak. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $4.56 million, 95% lower than the $92 million inflows recorded the previous trading day. Fidelity’s FBTC led the lot again with $24.9 million in inflows following nine days of positive flows and one day of neutral flows seen by the fund. BlackRock’s IBIT, the largest BTC ETF, followed with $11.5…

QCP Capital: Crypto Rally Extends, Supported by ETF Inflows

Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm reported that bitcoin retested the $64,000 mark, while ether reclaimed $2,500 during the rally. ‘Uptober’ Gets a Head Start in Mid-September QCP Capital‘s weekend analysis […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know

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Este artículo también está disponible en español. BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into the Bitcoin ETF space when the US Securities and Exchange Commission (SEC) approved IBIT in January 2024. Dubbed the world’s largest asset manager with a total asset-under-management (AUM) of $9 trillion, BlackRock’s entry into the…

Bitcoin (BTC) ETF IBIT Posted First Net Inflow in 14 Days

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The string of outflows took place alongside a tumble in the price of bitcoin (BTC) during late August and into early September amid uncertainty about the direction of global markets the U.S. presidential election and the upcoming Fed decision on interest rates. For the month of August, bitcoin fell 9% and it plunged even further during the first week in September. The price has rebounded a bit since, returning to $60,000 Tuesday morning for the first time since late last month. Original

Grayscale Unveils First XRP Trust In The US, ETF Ahead?

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Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand. Ash’s approach to DeFi goes beyond surface-level…

Crypto Bank Anchorage Digital Takes on Custody for ARK 21Shares Bitcoin ETF (ARKB)

“Anchorage Digital Bank N.A. is pleased to further broaden access to crypto as a custodian selected for 21Shares’ U.S. spot ETF lineup,” said Nathan McCauley, the bank’s co-founder and CEO, in a statement. “Our federal charter — which supersedes state-by-state regulation and positions us as a qualified custodian — makes us a natural choice for ETF custody diversification.” Source