Attorneys for digital asset manager Grayscale pushed back against the US Securities and Exchange Commission’s (SEC) delay on approving its Digital Large Cap exchange-traded fund (ETF) in a letter sent on Tuesday. The SEC’s Division of Trading and Markets initially approved the ETF proposal, but the SEC’s Office of the Secretary decided to review the action immediately afterward, halting the decision, Grayscale’s attorneys said. The initial letter from the SEC approving the listing of the Grayscale fund. Source: SEC This violates the “statutory approval or disapproval deadline” set by the…
Tag: ETF
Bitcoin (BTC) ETF News: Inflows Surge Alongside Prices
The spot bitcoin exchange-traded funds (ETFs) raked in over $1 billion in inflows on Thursday, marking one of their strongest single-day totals since launch. The surge came as bitcoin broke a new all-time high above $118,000. Leading the pack was BlackRock’s iShares Bitcoin Trust (IBIT), which crossed $80 billion in assets under management (AUM), making it the fastest ETF in history to hit that milestone. It took IBIT just 374 days — roughly a fifth of the time it took the previous record-holder, the Vanguard S&P 500 ETF (VOO), which…
Analyst Predicts 250% XRP Price Rally Amid ETF Hopes
Key Notes Crypto analyst Javon Marks projects XRP could hit $9.63, or higher, based on past price behavior and Fibonacci extensions. With the ProShares XRP futures ETF set to launch on July 14, attention is shifting to the possibility of a spot XRP ETF. Market watchers are eyeing BlackRock to potentially enter the space very soon. XRP XRP $2.54 24h volatility: 5.7% Market cap: $150.43 B Vol. 24h: $5.30 B price has surged another 7% to $2.60 levels today amid the broader crypto market rally and Bitcoin BTC $115 951…
BlackRock’s BTC ETF Hits $80B, Eyes $120K Price Target
Key Notes Bloomberg’s Eric Balchunas reported $5 billion in daily trading volume for IBIT, double its average. Inflows into spot Bitcoin ETFs soared to $1.175 billion on Thursday, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the charge. Bitcoin continues to push higher, gaining 6% to hit $118,000, with daily trading volume topping $108 billion. On July 10, inflows into spot Bitcoin ETFs surged to a massive $1.175 billion, led by BlackRock iShares Ethereum Trust (IBIT). With BTC price surging further 6% today to $118,000, the net assets under management (AUM)…
Bitcoin ETF inflows hit billions as BTC smashes new all-time highs
The crypto giant’s latest price surge is fueling a wave of demand and trading activity across U.S. spot exchange-traded funds. Bitcoin ETFs recorded $1.18 billion in inflows on July 10, 2025, according to SoSoValue data. The numbers marked the funds’ sixth consecutive day of positive flows and the largest single-day inflow in months, a level last seen in November 2024. Among the top performers was BlackRock’s IBIT, which once again led the charge with approximately $448.5 million. Fidelity’s FBTC followed closely with $324.34 million, and Ark 21Shares with $268.7 million.…
ETH Treasury Buys and ETF Flows Back Ether Rally Toward $3K
Key point: An ETH treasury purchase by SharpLink Gaming boosted investor sentiment, clearing the path for a potential rally to $3,153. Ether (ETH) price entered a strong uptrend this week, leading many analysts to predict a rally to $3,000 before the end of July. These traders cite an uptick in spot ETH ETF inflows and multiple corporate Ether treasury announcements as a primary factor in the recent bullish momentum. SharpLink Gaming said it had purchased 7,689 Ether (ETH) between June 28 and July 4, at an average price of $2,501.…
Coinbase shares rise as investors anticipate U.S. stablecoin rules: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin and ether are little changed as investors assess the Fed’s next move on interest rates and President Trump’s strategy for the Israel-Iran conflict. Plus, Coinbase rises after the company shuffles its EU hub to Luxembourg and investors await U.S. stablecoin rules. And, Phil George of EarnOS discusses why brands could could look to stablecoins in the future. Chapters 00:00 – CNBC Crypto World, June 20, 2025 0:25 – Crypto prices little changed 0:56 –…
PENGU Price Jumps 34% Amid Pudgy Penguins ETF Hype
Key Notes Daily trading volume for PENGU surged 500% to $864 million, while open interest rose 51% to $276 million. Whale wallets holding over $1 million in PENGU increased their holdings by 1%, signaling growing confidence and momentum. Crypto analyst Ali Martinez highlighted a bullish technical setup, forecasting a potential 200% rally to $0.60 by August. Meme coin PENGU PENGU $0.0153 24h volatility: 2.5% Market cap: $964.03 M Vol. 24h: $186.28 M , the native cryptocurrency of Pudgy Penguins, has registered a strong 24% upside in the last 24 hours,…
BlackRock’s ETH ETF Could Draw $6B as Price Nears $3K
Key Notes BlackRock’s iShares Ethereum Trust (ETHA) now manages over $5 billion in assets, holding 1.8 million ETH. Ether (ETH) price rallied over 7% to approach the $2,800 mark, driven by a 77% increase in trading volume and a 13% surge in futures open interest. Whale accumulation remains strong, with 127,971 ETH bought in 24 hours by major players like SharpLink Gaming and Abraxas Capital. With the Ethereum ETH $2 780 24h volatility: 6.4% Market cap: $335.56 B Vol. 24h: $26.26 B price gaining more than 7% amid a broader…
Ether Rally To $3K Possible As ETF Flows, Futures OI Soar
Key takeaways: Ether closed above $2,700 for the first time in a month. Declining BTC dominance and a pivotal 72-hour window for ETH could confirm the start of an altcoin season. Ether (ETH) closed above $2,700 on Wednesday for the first time in four weeks, signaling continued bullish momentum. The upward move continued into Thursday, with ETH maintaining a strong higher time frame structure, setting the stage for a rally toward the $3,000 psychological level. Data analytics platform Swissblock noted that the current scenario for Ether against Bitcoin is much…