Tag: ETF

Bitwise Submits S-1 Filing to US SEC for Spot Chainlink ETF

Key Notes Bitwise’s Chainlink ETF will be structured as a Delaware statutory trust with NAV linked to the CME CF Chainlink–Dollar Reference Rate. Shares will be created and redeemed in blocks of 10,000 via a “Trust-Directed Trade” system, allowing transactions in LINK or USD. The ETF filing has driven increased whale activity and trading volumes, fueling bullish sentiment for LINK. In the latest development, Bitwise Asset Management has submitted an S-1 filing to the US Securities and Exchange Commission (SEC) to launch a spot Chainlink LINK $24.17 24h volatility: 1.6%…

Bitcoin Price Rebound Cues Come as ETF Inflows Flip Green

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Key points: Bitcoin is “getting closer” to its next local bottom after a trip below the $109,000 mark. A positive Coinbase Premium returns, raising hopes of a US demand recovery. ETF flows end Monday positive in a surprise comeback despite the BTC price downside. Bitcoin (BTC) consolidated around $110,000 at Tuesday’s Wall Street open amid signs of a crypto market recovery. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Coinbase Premium rebound follows $700 million liquidation Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility cooling after a fresh round of…

Bitcoin Drops to $108K Despite Flip in Spot BTC ETF Market

Key Notes Bitcoin crashed to $108K as spot ETFs broke their six-day outflow streak. Binance funding rates stayed overly positive, raising the risk of a long squeeze. Technicals show key resistance at $117K–$121K and downside risk toward $100K. Bitcoin BTC $110 083 24h volatility: 1.4% Market cap: $2.19 T Vol. 24h: $56.14 B shocked markets with a sudden crash to $108,000, unable to break above $113,000. The decline comes as spot Bitcoin ETFs ended their longest-ever outflow streak, adding a surprising twist to BTC price action. On August 25, Ethereum…

128.5K ETH Tokens Left Binance with $443M ETF Inflows

Key Notes Leading CEX Binance sees massive ETH outflows. Spot ETH ETFs recorded over $443 million in net inflows. Ethereum balance on exchanges declined to 14.6 million tokens. Ethereum ETH $4 436 24h volatility: 3.6% Market cap: $535.77 B Vol. 24h: $51.96 B reached an all-time high of $4,953 on Sunday, Aug. 24, with a market cap of nearly $600 billion.  The bullish momentum that took ETH to its new peak was short-lived. The leading altcoin has been declining since then and is currently trading at $4,430. Ethereum’s market value…

Canary Capital Files “American-Made” Crypto ETF Amid SEC Delays

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US digital asset investment firm Canary Capital Group has filed with the Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA).  According to a Friday filing, the proposed fund would track an index of cryptocurrencies created, mined or primarily operated in the United States, with shares slated to trade on Cboe BZX under the ticker MRCA. The trust also plans to stake its proof-of-stake holdings through third-party providers, adding rewards to its net asset value. The Made-in-America Blockchain Index will admit only assets that meet strict…

Grayscale Files for Avalanche ETF, Will AVAX Price Recover?

Key Notes Asset manager Grayscale to rename its Grayscale Avalanche Trust (AVAX) as the Grayscale AVAX Trust ETF and list shares on Nasdaq once approved. The SEC has not yet approved the application, and Grayscale stated that no offering will occur until approval is obtained or deemed unnecessary. Avalanche’s native token AVAX is trading around $25.60, holding weekly support at $20.30. Digital asset manager Grayscale Investments, submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC), to launch an Avalanche ETF, and list it on the Nasdaq platform.…

Canary Capital Files S-1 for First “American-Made” Crypto ETF

Key Notes Canary Capital submits Form S-1 for an American-made crypto ETF. The ETF would include US-based tokens like XRP and Solana. Filing follows Trump’s push for crypto mined, minted, and made in the US. Leading crypto fund manager Canary Capital has officially filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) to launch a first-of-its-kind “American-Made Crypto ETF.” The spot ETF would exclusively hold cryptocurrencies that were either invented in the United States, primarily mined domestically, or have the majority of their operations based in the…

VanEck’s New Spot Solana ETF Filing, Leveraging JitoSOL As Backbone

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On Friday, VanEck, asset manager and cryptocurrency exchange-traded fund (ETF) issuer, announced a new filing for a spot Solana ETF backed by JitoSOL with the US Securities and Exchange Commission (SEC). This marks a significant change from other crypto ETFs as it would be the first fund to utilize a liquid staking token. A New Era For Liquid Staking? JitoSOL functions as a liquid staking token on the Solana blockchain, representing both staked SOL and the rewards associated with it. This structure allows users to stake their SOL through the…

XRP ETF: Amended Filings Pile In as Approval Anticipation Grows

Key Notes Seven issuers updated their XRP ETF applications after Ripple’s SEC case ended. Analysts see a 95% approval odds with decisions due in late October. JPMorgan forecasts $8 billion in inflows within the first year of trading. A fresh round of filings for an XRP ETF has been submitted to the United States Securities and Exchange Commission (SEC). This happened as Ripple Labs and the SEC closed a long-running legal battle over XRP. The new submissions have added fuel to expectations that approval for the funds could come before…

VanEck files first US liquid staking ETF with JitoSOL

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The global asset manager VanEck has filed an S-1 registration statement with the US Securities and Exchange Commission(SEC) to launch the VanEck JitoSOL exchange-traded fund (ETF). According to the filing, this fund will hold only JitoSOL, the liquid staking token issued by Jito Network. The submission marks the first attempt to register a US exchange-traded fund backed by a liquid staking token, potentially exposing investors to Solana’s staking yields through a regulated product. JitoSOL represents Solana (SOL) locked with validators while providing a transferable token that accrues rewards, a process…