Kazakhstan-based Fonte Capital has announced the listing of the Fonte Bitcoin Exchange Traded Fund OEIC Plc on the Official List of the Astana International Exchange (AIX), under the ticker BETF, quoted in U.S. dollars. The launch will be celebrated during the official Ring the Bell ceremony at AIX. The BETF aims to accurately reflect bitcoin’s […] Original
Ethereum (ETH) has recently seen a remarkable resurgence, inching closer to its $4,878 all-time high (ATH) record after a prolonged period of consolidation. On Tuesday, ETH broke the $4,600 mark for the first time in years, outperforming other cryptocurrencies, including Bitcoin (BTC) and XRP. Ethereum ETFs Attract $8.2 Billion YTD This price performance is largely attributed to a significant influx of capital into Ethereum spot exchange-traded funds (ETFs), which recorded a staggering $1 billion in inflows in just a single day—the largest daily inflow to date. Related Reading According to…
Key Notes XRP whale activity remains strong, with 900 million XRP accumulated recently. Analysts still see potential upside if key support and resistance levels hold, with long-term targets as high as $12.60. Canary Capital CEO Steven McClurg predicts XRP ETFs could outperform Ethereum ETFs due to the yield structure. Following the rejection at $3.5 last week, XRP XRP $3.13 24h volatility: 4.7% Market cap: $185.93 B Vol. 24h: $7.86 B price has come under strong selling pressure, correcting another 4% today, and now trading at $3.14. Furthermore, with BlackRock rejecting…
Key Notes Spot ETH ETFs recorded their largest daily net inflow to date. An anonymous whale has been aggressively buying ETH over the past week. Ethereum is holding strong at $4,300. Ethereum ETH $4 318 24h volatility: 0.9% Market cap: $520.48 B Vol. 24h: $41.21 B has been seeing strong attention from both small and large investors as the leading altcoin leads the market rally. The US-based spot ETH exchange-traded funds just recorded an all-time high net inflow of $1.01 billion, pushing the total inflow toward $10.85 billion, according to…
Bitcoin exchange-traded funds (ETFs) snapped early-week losses to close with a $247 million net inflow, while ether ETFs notched $327 million in gains, with both markets seeing strong institutional participation. Bitcoin and Ether Post $247 Million and $327 Million Weekly Gains What began as a bruising start to the week for crypto ETFs turned into […] Original
Bitcoin and Ether exchange-traded funds (ETFs) closed last week in roaring form, attracting a combined $865 million in fresh capital. Bitcoin notched its third consecutive inflow day, while ether extended its winning streak to four. Institutional Demand Soars As BTC ETFs Pull $404 Million, ETH ETFs Hit $461 Million The past week ended with fireworks […] Original
The world’s largest asset manager, BlackRock, has broken its silence on whether it intends to file for an XRP ETF. This follows months of speculation that the firm could soon file to offer this fund. BlackRock Has No Plans For An XRP ETF For Now A BlackRock spokesperson told The Block that they have no plans to file for an XRP ETF at this time. This ends speculations that it will join eight other asset managers who have already filed to offer this fund. The world’s largest asset manager already…
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Bitcoin’s march to reclaim the $120,000 milestone again is gaining pace with a combination of tightening supply and interesting events around the world. Harvard University recently revealed its $116.6 million allocation to BlackRock’s IBIT Bitcoin ETF. Meanwhile, El Salvador is welcoming Bitcoin-focused investment banks, while regulatory delays have put Japan’s first crypto ETF on hold. Related Reading El Salvador Opens Door To Bitcoin Investment Banks El Salvador has passed a landmark Investment Banking Law that allows regulated investment banks, which are distinct from commercial lenders, to hold Bitcoin and other…
Speculation over a potential spot XRP ETF is electrifying crypto markets as legal clarity, institutional momentum and soaring prediction odds fuel hopes for a landmark investment product. Blackrock’s History With Bitcoin Raises Questions on XRP ETF Timing and Strategy Blackrock, the world’s largest asset manager, became the focus of heightened market chatter this week over […] Source CryptoX Portal