Tag: ETF

BlackRock’s IBIT Adds 6,000 BTC Amid ETF Outflows

Key Notes IBIT now holds 674,248 BTC with $70.4 billion in assets under management, securing 54% of the Bitcoin ETF market. While BlackRock posted significant inflows, net inflows across all US Bitcoin ETF issuers were just $216 million due to a large outflow. The net inflows on June 17 were nearly half of the $412 million inflows on the previous day. BlackRock’s iShares Bitcoin Trust (IBIT) has continued to dominate the Bitcoin ETF market, clocking a massive $639 million in inflows on June 17, while scooping more than 6000 Bitcoins…

3iQ Launches XRP ETF on Toronto Stock Exchange With Backing From Ripple

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Canadian asset manager 3iQ has launched a new XRP-focused ETF for North American users. The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) began trading today on the Toronto Stock Exchange, offering investors direct exposure to the fourth-largest digital asset by market cap. Ripple (XRP), the blockchain company behind the XRP Ledger, is an early investor in the fund, 3iQ said in a Wednesday announcement. To mark the occasion, the 3iQ team will ring the TSX’s closing bell this afternoon. The ETF debuts with a six-month 0% management fee. It invests exclusively…

BlackRock buys $1.4B Bitcoin over six-day streak amid ETF boom

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ETF issuer and asset management firm BlackRock is expanding its Bitcoin portfolio with billions of dollars in fresh investments. According to Arkham Intelligence data, on June 17, BlackRock purchased $250 million worth of Bitcoin (BTC). The acquisition is part of a broader accumulation streak that has now spanned six consecutive days, bringing the firm’s total Bitcoin investment during this period to $1.4 billion. BLACKROCK BUY STREAK: $1.4 BILLION OF BTC FOR 6 DAYS STRAIGHT BlackRock bought over $250M of BTC today, bringing their streak up to $1.4 Billion. BlackRock has…

Ripple Lawsuit Conclusion in Weeks, Says Lawyer as SEC Seeks Comments on XRP ETF

As the US Securities and Exchange Commission (SEC) and Ripple decide to hold off further appeal in the ongoing XRP lawsuit, popular lawyer Bill Morgan weighs in on what’s coming next in this lawsuit. He added that if both parties agree on an indicative ruling, this matter will conclude in the next few weeks. The lawyer shared that the legal teams for both Ripple and the SEC have asked for an indicative ruling from Judge Torres as part of their second joint motion. This ruling will guide both parties in…

SEC Reviews Franklin XRP ETF Proposal in Key Step Toward Potential Approval

The SEC’s review of the Franklin XRP ETF comes amid rising institutional confidence in XRP, underscoring its evolving market maturity and accelerating push for crypto-backed ETFs. SEC Reviewing Franklin XRP ETF Proposal as Confidence Grows in XRP Market Structure The U.S. Securities and Exchange Commission (SEC) announced on June 17 that it has initiated proceedings […] Source CryptoX Portal

SEC Opens Franklin Templeton SOL And XRP ETF Proposals To Comments

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The US Securities and Exchange Commission (SEC) has opened public comments for two proposed cryptocurrency exchange-traded funds, or ETFs, from asset manager Franklin Templeton to be listed on the Chicago Board Options BZX Exchange. In separate filings on Tuesday, the SEC said it was instituting proceedings that could allow the US exchange to list and trade shares of the Franklin XRP ETF and Franklin Solana ETF. The Cboe BZX Exchange filed for a proposed rule change with the SEC in March to allow for approval of the investment vehicle, which…

ETH ETF Inflows, Layer-2 Growth Bolster $2.4K Level

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Key takeaways: ETH holds $2,400 in support despite a 15% price drop and $277 million in liquidations. Layer-2 network growth and spot ETH ETF inflows sustain investors’ confidence in Ether. Ether (ETH) failed to sustain the bullish momentum that peaked at $2,880 on Wednesday, though it also showed resilience near the $2,450 level. While investors aren’t particularly thrilled with the current price, derivatives metrics point to a growing sense of confidence. ETH 60-day futures annualized premium. Source: Laevitas.ch On Friday, the Ether futures premium briefly turned bearish as  ETH price…

Canada Approves First XRP Spot ETF on Toronto Stock Exchange

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Purpose Investments will launch Canada’s first spot XRP exchange-traded fund (ETF) on the Toronto Stock Exchange on June 18, offering investors regulated exposure to XRP in both CAD and USD. XRP ETF by Purpose Receives Green Light, Trading Set to Begin June 18 Purpose Investments Inc. has secured final approval from Canadian regulators to launch […] Source

Solana ETF Is Next, Last Chance to Buy Solaxy’s Layer-2 Presale

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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. Here’s a list of the people who think a Solana ETF is incoming: everyone. And here’s a list of the people who think a $SOL ETF could send Solana – and Solaxy, a much-needed Solana Layer…

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

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US spot Bitcoin exchange‑traded funds (ETFs) recorded $412.2 million in net inflows on Monday, extending their streak to six days and pushing total cumulative inflows to $46.04 billion. The six-day run of inflows began on June 9 and has now absorbed over $1.8 billion in capital, according to data from SoSoValue. The run has continued despite escalating geopolitical tensions, including renewed conflict between Iran and Israel. Daily contributions included $386.27 million on June 9, followed by a $431.12 million surge on June 10. Despite a slight dip mid-week, inflows rebounded…