Tag: ETF

Truth Social Files for Blue-Chip Crypto ETF Tracking BTC, ETH, SOL, CRO, XRP

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Trump Media’s Truth Social has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking multiple blue-chip crypto assets.  According to a Tuesday filing, the “Truth Social Crypto Blue Chip ETF,” will track the performance of a basket of top crypto assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL), Cronos (CRO) and XRP (XRP).  The preliminary prospectus said the ETF will allocate 70% of its holdings to BTC, 15% to ETH, 8% to SOL, 5% to CRO and 2% to…

Trump Media’s ‘Truth Social Bitcoin and Ethereum ETF’ under SEC review

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Trump Media’s application to list and trade shares of its Truth Social Bitcoin and Ethereum ETF is currently being reviewed by the U.S. SEC as of July 8. A recent filing showed that the U.S. Securities and Exchange Commission has accepted the application for a Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund. Truth Social first lodged its S-1 form with the SEC for the crypto ETF that holds both Bitcoin and Ethereum on June 16. According to the filing, the ETF is meant to offer investors exposure to the two…

IShares BTC ETF Bitcoin Holdings Surge Past 700K in Record-Breaking Run

BlackRock’s iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin , according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the U.S. equity benchmark, and iShares Russell 2000 ETF (IWM), which tracks the performance of small-cap U.S. stocks. The figures beats the 600,000 BTC held by Strategy (MSTR), which started purchases in 2020, and compares with Fidelity FBTC’s 203,000 BTC and Grayscale GBTC’s 184,000 BTC. “New milestone, iShares Bitcoin ETF now holds…

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…