Tag: ETF

Ethereum Whales Accumulate $300M As ETF Inflows Hit $1.7B

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Ether whales continued to buy the cryptocurrency in droves, according to onchain analysts, as ETH recovers from a weekend dip.  “Somebody is buying a ton of ETH,” blockchain analytics firm Arkham Intelligence said on Sunday, with one address accumulating $300 million worth of Ether (ETH) from over-the-counter (OTC) trading at Galaxy Digital. The whale address currently holds 79,461 ETH, worth around $282.5 million.  BlackRock has also been loading up on ETH, with the firm’s iShares Ethereum Trust ETF seeing $1.7 billion in inflows over the past 10 consecutive trading days.…

SEC Upping Bitcoin ETF Options Limits Will Boost IBIT: NYDIG

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BlackRock’s market-dominating spot Bitcoin exchange-traded fund may get bigger after the US Securities and Exchange Commission increased position limits for many Bitcoin funds, according to crypto financial services firm NYDIG. The SEC on Tuesday increased the number of allowed options contracts from 25,000 to 250,000 “for all ETFs with options,” which includes the iShares Bitcoin Trust ETF (IBIT) but not the Fidelity Wise Origin Bitcoin Fund (FBTC), NYDIG’s global head of research, Greg Cipolaro, said in a report on Friday. “The change is likely to widen the monstrous lead that…

XRP ETF From Teucrium Sees Enormous Interest, Gains Massive Traction With Extraordinary Inflows

Teucrium’s XRP ETF is rewriting the record books as skyrocketing investor demand propels it past every fund in the firm’s 16-year history with unstoppable momentum. “It is our most successful fund,” said the firm’s president. Teucrium’s XRP ETF Fires Past Every Fund in Company History With Accelerating Demand Investor appetite for XRP exposure is accelerating […] Source CryptoX Portal

Higher Bitcoin ETF Options Limits May Cut Volatility, but Boost Spot Demand: NYDIG

Bitcoin’s trademark volatility may be entering a new phase thanks to the Securities and Exchange Commission (SEC). The agency’s decision to raise position limits on options for most bitcoin ETFs could help smooth price swings by encouraging strategies like covered call selling, which caps the upside in exchange for steady income, according to NYDIG Research. That increase in position limits for options trading on IBIT came as the regulator approved in-kind redemptions for spot bitcoin ETFs. By letting traders hold ten times more contracts than before, NYDIG wrote, the SEC…

US Crypto Exchange-Traded Funds Beat Out Vanguard’s Legendary S&P 500 ETF in Record-Setting Month of Inflows: Analyst

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New data from senior Bloomberg analyst Eric Balchunas reveals that US crypto ETFs (exchange-traded funds) beat out Vanguard’s renowned S&P 500 ETF (VOO) in July. In a new thread on the social media platform X, Balchunas notes that US crypto ETFs had a staggering $12.8 billion worth of inflows in July, outpacing all other ETFs, including VOO, which currently has $713.13 billion in assets under its management. “US Crypto ETFs took in $12.8 billion in July, the best month ever, [at] a $600m/day pace, about double [the] average. As a…

Multiple Asset Managers File Revised ETF Applications to SEC

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Solana (SOL) is attracting renewed institutional attention as major asset managers including Franklin Templeton, Grayscale, VanEck, and Fidelity have updated their spot Solana ETF filings with the U.S. Securities and Exchange Commission (SEC). Related Reading While the token’s price briefly dipped following the news, long-term indicators suggest this move could be a major bullish trigger. Asset Managers Revise Solana ETF Filings Amid SEC Dialogue As of August 1, at least seven asset managers submitted amended S-1 registration statements for Solana-based ETFs. These updates, which now include staking provisions and clearer…

Solana ETF Race Heats Up as Major Firms Amend S-1 Filings

Key Notes Seven major asset managers have filed amended S-1s for spot Solana ETFs with the SEC. CoinShares is taking a unique approach with a proposed Solana Staking ETF. Grayscale plans to charge management fees in SOL tokens. Seven asset managers submitted amended S-1 registration statements for Solana spot exchange-traded funds (ETFs) with the Securities and Exchange Commission (SEC) this week. The updated filings from Grayscale, VanEck, Bitwise, Canary Capital, Franklin Templeton, Fidelity, and CoinShares suggest active engagement with the SEC as interest in cryptocurrencies beyond Bitcoin BTC $115 002…

XRP ETF Approval Incoming? Analyst Eyes September-October Window

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A fresh move by the SEC could clear the path for the first US spot ETFs tracking altcoins like XRP. Traders and investors are watching closely as new rules aim to speed up approvals by late 2025. This change comes just months after in-kind creation and redemption for crypto ETPs won the regulator’s blessing. New Listing Standards Open Door According to the recent filing of the US Securities and Exchange Commission, any coin with at least six months of futures trading on a platform such as Coinbase’s derivatives exchange can…

Report: PENGU Token’s ‘Social Currency’ Role Underpins Novel ETF Bid

A proposed exchange-traded fund (ETF) combining Pudgy Penguins’ PENGU token and its non-fungible tokens (NFTs) has progressed to formal review by the U.S. Securities and Exchange Commission (SEC), according to a new report by Animoca Brands Research. Animoca Highlights Pudgy Penguins’ Path: IP Boom to ETF Filing Animoca researchers note that the hybrid product, filed […] Source CryptoX Portal

Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF

Shares of Figma (FIG) rose 198% on its first day of trading on the New York Stock Exchange after the company raised $1.2 billion for its Wednesday initial public offering (IPO). The firm priced shares at $33 a share under the ticker “FIG,” valuing the company at about $20 billion. The stock changed hands at $98 in initial trades on Thursday, suggesting a valuation closer to $60 billion. Figma, a developer of design software, previously disclosed the ownership roughly $70 million worth of…