Tag: ETF

Truth Social Bitcoin And Ether ETF Filing Acknowledged By SEC

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The US Securities and Exchange Commission has accepted Trump Media’s application for a Bitcoin and Ethereum exchange-traded fund, starting the clock for the agency to approve or reject the proposed fund.  The ETF proposes offering investors exposure to Bitcoin (BTC) and Ether (ETH) through shares listed on NYSE Arca backed by the crypto assets, with 75% allocated to Bitcoin and 25% to Ether, according to the filing.  Foris DAX Trust Company, doing business as Crypto.com, will act as the custodian, and asset management firm Yorkville America Digital will act as…

Solana ETF Approval Fast-Tracked as SEC Issues New July Deadline – Will SOL Price Hit $200?

Key Notes The SEC’s new July 31 deadline for Solana ETF refilings suggests approval could come earlier than the formal October deadline. Polymarket bettors now price in 99% probability of SOL ETF approval before 2025 ends, reflecting strong market confidence. Technical analysis shows SOL could target $200-260 if ETF approval triggers institutional demand similar to Bitcoin and Ethereum patterns. The US Securities and Exchange Commission (SEC) appears poised to approve Solana ETFs faster than expected as the regulator directs issuers to re-submit filings by a new July 31 deadline. SEC…

Bitcoin ETF weekly inflows fall 65%, market cools after $110K BTC rally

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Weekly inflows into the U.S. spot Bitcoin ETFs experienced a significant drop last week as fading Fed rate cut hopes and Trump’s newly passed budget bill tempered investor appetite. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $769.6 million over the past week, a 65% drop from the prior week when these investment products drew in $2.22 billion. The week began with $102.14 million in net inflows on Monday, followed by significant outflows of $342.25 million on Tuesday. Momentum reversed midweek, with inflows of $407.78 million on…

BlackRock’s Bitcoin Exchange-Traded Fund (IBIT) Just Two Spots Away From Being Firm’s Top Revenue-Generating ETF: Bloomberg Analyst

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BlackRock’s iShares Bitcoin Trust ETF (IBIT) is already generating substantial revenue for the world’s largest asset manager, despite being on the market for less than two years. In a new post on the social media platform X, Bloomberg analyst Eric Balchunas says that IBIT needs to grow its fund’s assets by less than $10 billion to rank as BlackRock’s top revenue-generating exchange-traded fund (ETF). “IBIT is now the third-highest revenue-generating ETF for BlackRock out of 1,197 funds, and is only $9 billion away from being #1. Just another insane stat…

Bitcoin fireworks fizzle, but ETF inflows still sparkle

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Bitcoin price was stuck in a tight range on Saturday, July 5, as the recent recovery faded during the US Independence Day Weekend. Bitcoin (BTC) was trading at $108,000, lower than this week’s high of $110,000, and 10% above the lowest point this month.  Spot Bitcoin ETFs continued their strong performance this week, with their cumulative inflows soaring by $769 million. That’s down from $2.2 billion the previous week. The weekly decline is partially due to the fact that this week had four U.S. trading days, in observance of Independence…

BONK Turns Parabolic; ETF and Token Burn Fuel Rally

Key Notes BONK surged 11% as ETF speculation and an imminent 1T token burn ignited bullish momentum. Indicators like RSI, MACD, and BoP all align to support continued upward price action. BONK could target $0.00003474 and beyond, with Fib levels pointing to new all-time highs. . BONK, the Solana-based meme token, recorded a 20.43% surge in its trading volume, while its price rose by more than 20%, hitting a daily high of $0.00001864 before stabilizing around $0.00001855 at the time of writing. Although the token remains 68.71% below its all-time…

Ethereum ETF Inflows Hit $150M, ETH Targets $3K

Key Notes BlackRock’s ETHA led with $85.4 million, pushing its total net inflows past $5.6 billion and solidifying its lead in institutional ETH exposure. Analysts note a shift in institutional behavior as Bitcoin ETF inflows slow downwhile Ethereum ETF inflows have accelerated. A “Golden Cross” pattern is visible on the ETH price chart, with analysts seeing $2,800 as the key breakout level. Inflows into spot Ethereum ETFs have jumped significantly to $150 million on July 4, the highest in nearly a month’s time. BlackRock iShares Ethereum Trust ETF (ETHA) led…

Solana Staking ETF Blasts Off: $12M on Day One

Key Notes The REX-Osprey Solana Staking ETF (SSK) debuted with $12 million in inflows and $33 million in trading volume. Solana’s price is consolidating within a symmetrical triangle pattern, targeting highs of $194–$305. CME SOL futures hit an open interest at $167 million, and analysts forecast a 95% chance of a spot SOL ETF by year-end. The United States’ first Solana staking exchange-traded fund (ETF) — the REX-Osprey Solana Staking ETF (SSK) — roared into its debut with $12 million in inflows and $33 million in trading volume on its…

BlackRock’s BTC ETF Outearns S&P 500 Fund by $100K

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BlackRock, the world’s largest asset manager, is now earning more in annual fees from its spot Bitcoin exchange-traded fund than its flagship S&P 500 fund, according to a recent report. “IBIT overtaking IVV in annual fee revenue is reflective of both the surging investor demand for Bitcoin and the significant fee compression in core equity exposure,” NovaDius Wealth Management president Nate Geraci told Bloomberg on Wednesday.  Bitcoin has now captured Wall Street’s “undivided attention” With an expense ratio of 0.25% and around $75 billion in assets under management (AUM), BlackRock’s…