The US Securities and Exchange Commission (SEC) has delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot’s native token, regulatory filings show. According to an April 24 filing, the regulator has extended its deadline for a final ruling until June 11, nearly four months after the Nasdaq sought permission to list Grayscale Polkadot Trust on Feb. 24. Grayscale’s ETF filing adds to a roster of roughly 70 proposed ETFs awaiting SEC approval, including funds holding altcoins, memecoins, and crypto-related financial derivatives, according to Bloomberg Intelligence. …
Tag: ETF
Bitcoin Sees Largest ETF Inflows Since January, Becomes 5th Largest Asset In The World
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. Este artículo también está disponible en español. Bitcoin has spent the majority of the past 24 hours on a notable rally that saw it price peak at an intraday high of $94,320. This rally marks an…
BlackRock BTC ETF tops $40B after $643M buy.
Key Notes BlackRock now holds over 573,000 BTC. Spot BTC ETFs recorded $917 million in net inflows on April 23. Spot ETH ETFs still struggle to sustain inflows. BlackRock, the world’s leading asset manager, is seeing increased investor optimism in its IBIT fund. According to data from SoSoValue, BlackRock’s spot Bitcoin BTC $92 289 24h volatility: 1.8% Market cap: $1.83 T Vol. 24h: $36.46 B exchange-traded fund saw an inflow of $643.2 million with a daily trading volume of $3.2 billion on Wednesday, April 23. This brought IBIT’s total net…
BlackRock Bitcoin fund wins best new ETF on $643M inflow day
BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas said it “feels right to me.” IBIT clocks highest inflows in three months “I’m pretty sure this is how I voted. Both of them did things no one has seen [before],” Balchunas said, also referencing…
72 Crypto ETF Filings Await SEC Approval Amid Historic Regulatory Shift
A record-breaking 72 crypto ETFs are awaiting SEC approval, signaling a seismic shift in U.S. digital asset policy as regulatory momentum turns bullish. Explosive Growth in Crypto ETF Filings Hits 72 as SEC Faces a Regulatory Crossroads Bloomberg senior ETF analyst Eric Balchunas highlighted the increasing number of cryptocurrency-related exchange-traded fund (ETF) filings pending before […] Source CryptoX Portal
Bitcoin price prepares for ‘70% to 80%’ gain as onchain metrics and spot BTC ETF inflows spike
Bitcoin (BTC) price has been in a persistent downtrend since January, but the April 22 surge past $91,000 marks its first higher high breakout of the year and the potential start of a new longer-term uptrend. Bitcoin 1-day chart. Source: Cointelegraph/TradingView The higher high pattern occurred after BTC moved above its previous lower high and resistance at $88,500, but the real factor that will keep price afloat is buying volumes in various cohorts of the Bitcoin market. The US spot Bitcoin ETFs recorded total net inflows of $381 million on…
Bitcoin miners face mounting pressure from equipment tariffs and ETF demand: Bitwise
With import levies as high as 46% and capital flowing to low-risk Bitcoin exposure via ETFs, miners are confronting a tightening squeeze on both cost and funding fronts. Bitcoin (BTC) miners in the United States are facing two major challenges at once: rising equipment costs due to import tariffs and growing competition from financial products like ETFs, according to a new report by Bitwise. In the report, Bitwise‘s head of research André Dragosch and research analyst Ayush Tripathi, note that with an estimated 40% of global hashrate operated by American…
Bitcoin ETF inflows hit 3-month high amid Trump-Powell tensions
Spot Bitcoin exchange-traded funds in the United States recorded their highest daily inflows in three months, fuelled by renewed risk-on sentiment after President Donald Trump threatened to fire Federal Reserve chair Jerome Powell. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $381.4 million in net inflows on April 21, over 250% higher than the previous day’s inflows and marking the highest net inflows seen since Jan. 30. Leading the charge was ARK 21Shares’ ARKB, which pulled in $116.13 million, followed by Fidelity’s FBTC with $87.61 million. Bitwise’s…
‘Dogeday’ Party Picks Up Steam On ETF Buzz
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. Este artículo también está disponible en español. Dogecoin enthusiasts around the globe commemorated today as “Dogeday,” an increasingly popular annual tradition that highlights the meme cryptocurrency’s passionate fan base. Celebrated on April 20, this marks the…
Dogecoin holders celebrate ‘Dogeday’ 4/20 as ETF decision draws near
Dogecoin holders worldwide celebrate “Dogeday” on April 20, as the memecoin’s community awaits upcoming deadlines for Dogecoin-related exchange-traded fund (ETF) applications. Dogeday marks the unofficial holiday of the Dogecoin (DOGE) community. It gained traction in the memecoin community four years ago, in 2021, during International Weed Day on April 20. Source: Bitget Despite its reputation as a joke token, Dogecoin remains the eighth-largest cryptocurrency by market capitalization, currently valued at $23.3 billion, according to CoinMarketCap. Dogecoin’s tokenomics have often been criticized for issuing 14.4 million worth of new DOGE into…