Tag: ETF

Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement

boss

Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin Market Challenges as Investors Reduce Activity Bitcoin miners continue to demonstrate resilience, as highlighted in Glassnode’s onchain report. […] Original

Virtu Financial Partners with Tokyo Stock Exchange to Enhance ETF Liquidity and Efficiency

boss

Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 In financial services, achieving global success requires a deep understanding of local markets. In this hands-on, country-specific session, top experts from the Asian Pacific region will explore what drives traders in this diverse market. The discussion will cover strategies for retaining local…

SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments

boss

The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. […] Original

Ether Liquidity Plummets 40% On Exchanges After ETF Debut

boss

Este artículo también está disponible en español. Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. Related Reading That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices. Instead, what has taken place is rather different: the average market depth of 5% for ETH pairs has fallen to around $14 million. Meanwhile, offshore exchanges are…

Experts label Ethereum Spot ETF a flop as IntelMarkets leads with Route X21

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum’s Spot Ethereum ETF fails to meet analysts’ expectations. Meanwhile, the IntelMarkets platform announces its premier Route X21 upgrade. The approval of the Ethereum Spot ETFs by leading financial giants like Black Rock, Fidelity, and Invesco was expected to be a game-changing event for Ethereum (ETH). The DeFi community anticipated the move to bring billions of dollars of inflows into the ecosystem and push ETH to the next level.…

Vaneck Reveals Plans to Close Ethereum Futures ETF

On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting. Vaneck to Wind Down Ethereum Futures ETF According […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Weeks After Ether ETF Debut, ETH Market Liquidity Down 20%

“Although the market liquidity for ETH pairs on centralized exchanges remains greater than what was at the beginning of the year, the liquidity has dropped by nearly 45% since its peak in June,” Jacob Joseph, a research analyst at CCData, told CoinDesk in an interview. “This is likely due to the poor market conditions and the seasonality effects in the summer, often accompanied by lower trading activity.” Source BitcoincryptoexchangeExchanges CryptoX Portal

Spot Bitcoin ETF outflows surge six-fold, Ether ETF outflows slow down

boss

Spot Bitcoin exchange-traded funds in the U.S. saw a significant jump in net positive flows while spot Ether ETFs outflows slowed down. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged outflows of $211.15 million on Sep. 5, a surge of over six times compared to the $37.29 million outflows recorded the previous day. Fidelity’s FBTC led the lot with $149.5 million leaving the fund. Biwise’s BITB, Grayscale’s GBTC, and Grayscale Bitcoin Mini Trust followed with recorded outflows of $30 million, $23.2 million, and $8.4 million, respectively.  Notably,…

Ethereum ETF Couldn’t Save ETH From Falling, ETH Whales Search For New 100X Dreams

boss

Este artículo también está disponible en español. The cryptocurrency market has been anything but kind to Ethereum (ETH) lately. Despite the highly anticipated launch of Spot Ethereum ETFs, which many believed would bolster the asset’s price, Ethereum continues to struggle, casting doubts on its short-term potential. As the price of ETH remains trapped in a bearish trend, large investors, or “whales,” are beginning to seek out new opportunities for massive returns—enter Mpeppe (MPEPE), a rising star in the crypto space. Mpeppe (MPEPE) Captures the Attention of Ethereum Whales As Ethereum’s…

Solana (SOL) ETF? SOL Price Faces Challenges Coming Into September Here’s What To Expect

boss

Este artículo también está disponible en español. As we step into September, the cryptocurrency landscape is witnessing dynamic shifts, with Solana (SOL) facing unique challenges and opportunities. The advent of exchange-traded products (ETPs) tailored for Solana (SOL) has introduced new dimensions to the market. However, despite Solana (SOL)’s technological prowess and market appeal, the month ahead presents significant hurdles for the blockchain giant. Meanwhile, new rivals like Mpeppe (MPEPE) are gaining traction, presenting fresh competition in the ever-evolving crypto market. Solana (SOL)’s Rollercoaster: ETP Inflows Amid Price Slumps The past…