Tag: ETF

Spot Dogecoin ETF Gains SEC Traction—Is A Price Surge Next?

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitwise Asset Management has quietly nudged Dogecoin one step closer to Wall Street’s ETF club, filing an amended S-1 on 26 June that for the first time allows “in-kind” creations and redemptions. The tweak is more…

BTC Faces Weakest Monthly Growth Since July as Whales Counteract ETF Inflows

Bitcoin is on track to record its weakest monthly performance in a year amid a puzzling mix of consistent spot ETF inflows and signs of on-chain selling by whales and small wallets. As of writing, BTC changed hands at around $107,000, up just 2% for the month, according to CryptoX data. That’s the smallest monthly gain since last July. The dour price action appears confounding as the U.S. spot exchange-traded funds (ETFs) have continued to see strong uptake, registering $3.9 billion in net inflows in consecutive weeks. Besides, the corporate…

Doge ETF inches toward approval as Bitwise updates filing 

The proposed spot Dogecoin exchange-traded fund ETF may be gaining ground, as growing engagement between issuers and regulators boosts hopes for approval. According to recent filings, Bitwise Asset Management has submitted amended applications to the U.S. Securities and Exchange Commission (SEC) for its proposed spot Dogecoin (DOGE) and Aptos (APT) ETFs. Bitwise was one of the first firms to file for a Dogecoin ETF in January, and the amendments come as engagement continues between issuers and the regulatory commission over the proposals. The updated filings also follow the SEC’s recent…

Bitwise Adds In-Kind Redemptions to DOGE, APT ETF Filings

boss

Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures gain traction with US regulators. In-kind redemptions allow investors to exchange ETF shares directly for the underlying tokens. The mechanism is considered more tax-efficient and can appeal to all types of investors, from institutional to retail. In February, the SEC sought comments on a proposal to allow in-kind creations and redemptions for spot Bitcoin (BTC) and Ether (ETH) ETFs. During…

Ethereum ETF Inflows Surge — Can ETH Break $2,700?

Key Notes Ethereum ETFs have accumulated 660K ETH within the $2,200-$2,800 range as per on-chain data. ETHA’s total net inflows have surpassed $5.4 billion since inception, showcasing its leadership in the Ether ETF space. Analysts suggest ETH must break the $2,500 resistance for an upside rally, with comparisons to 2021’s bull run. Spot Ethereum ETF inflows continue to remain strong this week, with another $60 million in inflows recorded on Wednesday. BlackRock iShares Ethereum Trust (ETHA) dominated most of the flows at $55 million, while Bitwise ETHW came second at…

Invesco Throws in Hat for Solana ETF, Approval Rate at 90%

Key Notes Invesco and Galaxy filed for a Solana ETF under the ticker QSOL. Analysts suggest a potential breakout for SOL price, with resistance at $150. Bloomberg analysts assign a 90% chance for Solana ETF approval by July. Invesco and Galaxy have become the ninth issuer to file for a spot Solana ETF with the U.S. Securities and Exchange Commission. According to a June 26 filing, the proposed fund, dubbed “QSOL,” will provide direct exposure to Solana SOL $143.8 24h volatility: 1.3% Market cap: $76.81 B Vol. 24h: $3.76 B…

Invesco, Galaxy File For Spot Solana ETF As 9th Bidder

boss

Nine asset managers are now looking to launch an exchange-traded fund (ETF) tracking Solana, with Invesco the latest to join the bidding as the firm looks to push products beyond Bitcoin and Ethereum. In a regulatory filing on Wednesday, Invesco and Galaxy Digital put forward the Invesco Galaxy Solana ETF, which aims to track the spot price of Solana (SOL), currently the sixth-largest cryptocurrency by market cap. It’s the ninth filing for a Solana-tracking ETF, joining bids from the likes of VanEck, Bitwise and crypto ETF giant Grayscale. The firms…

ETH Futures Advise Caution Even As ETF Flows Soar

boss

Key takeaways: Ether drops 4% drop despite ETF inflows, and this shows traders are skeptical about a move back to $3,000. Negative funding and options metrics signal low confidence in ETH’s short-term price strength. Ether (ETH) price lost 4% in the past seven days while the broader cryptocurrency market capitalization gained 1%, calling into question the odds of a rally to $4,000. Ether derivatives point to reduced demand for leveraged bullish bets even as Bitcoin (BTC) trades a mere 4% below its all-time high. Total crypto capitalization, USD (green) vs.…

52% breakout likely amid rising Bitcoin ETF demand

boss

Strategy stock price could be on the verge of a strong bullish breakout as odds of Bitcoin hitting an all-time high rose on Polymarket. MSTR stock was trading at $377 on Wednesday, a few points above this week’s low of $360. It has jumped nearly 70% from its lowest level this year. Strategy stock technical analysis points to a surge The daily chart shows that the MSTR stock price has been in a tight range since May. It has remained above the 100-day and 50-day Exponential Moving Averages, which have…

NYSE Arca Moves to List Truth Social’s Dual Bitcoin-Ether ETF

Key Notes NYSE Arca submitted a 19b-4 filing to the SEC for the Truth Social B.T. ETF. The ETF would hold 75% Bitcoin and 25% Ethereum in a single product. Crypto.com will serve as both custodian and liquidity provider. . NYSE Arca has recently filed a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of Truth Social’s dual-asset exchange-traded fund (ETF), B.T.  Notably, as per the S-1 registration statement submitted by Truth Social on June 16, the fund would offer combined exposure to…