Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas. Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of the year’s top-performing funds, Balchunas said in a post on the X platform. In the year-to-date, ProShares UltraShort Ether ETF (ETHD) and T Rex 2X Inverse Ether Daily Target ETF (ETQ) are up approximately 247% and 219%, respectively, Bloomberg Intelligence data showed. The implications…
Tag: ETF
Bitcoin price could underperform stocks as ETF outflows continue
While Trump’s tariff pause gave some relief to the markets, traders are still reluctant to go all in on risk assets. Crypto markets are caught between cautious optimism and persistent uncertainty. While the tariff pause helped stabilize the markets, traders are still hesitant to fully commit to risk assets, Bitfinex analysts told crypto.news. As a result, Bitcoin (BTC) has been trading sideways, and ETF flows remain subdued. According to Bitfinex analysts, U.S. President Donald Trump’s 90-day pause on tariffs is not a long-term solution. Instead, it represents a temporary reprieve…
ETF Woes Deepen as Bitcoin and Ether ETFs See Combined $188 Million Outflows
Bitcoin ETFs marked their sixth consecutive day of redemptions, with a $150 million outflow, led by heavy withdrawals from Fidelity and Grayscale. Ether ETFs also saw no relief, shedding $38.79 million and slipping closer to the $5 billion net asset mark. Six-Day Slide: Bitcoin ETFs Lose $150 Million, Ether ETFs Drop $38 Million The heavy […] Source CryptoX Portal
Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion
Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF). According to an April 9 court filing, the parties agreed to settle the two-year-old case and are finalizing documentation and settlement terms. The filing noted that once those steps are completed, Osprey will withdraw its appeal. “Soon after this appeal was filed, the parties reached a settlement of this case,” the motion stated. “It is expected that all these tasks can…
Ether ETF staking could come as soon as May — Bloomberg analyst
Ether exchange-traded funds (ETFs) in the United States may be able to start staking a portion of their tokens as soon as May, according to Bloomberg Intelligence analyst James Seyffart. On April 9, the US Securities and Exchange Commission (SEC) authorized exchanges to begin listing options contracts tied to spot Ether (ETH) ETFs after greenlighting Bitcoin (BTC) ETF options in September. However, issuers are still waiting for the regulator to allow Ether ETFs to offer staking after filing numerous requests for permission earlier this year. Source: James Seyffart The approval of…
Will DOGE Price Surge Continue After 21Shares Files for Dogecoin ETF?
Key Notes On-chain data shows a 94% drop in DOGE transaction counts since March, signaling reduced investor interest. Additionally, DOGE whales have sold 1.32 billion tokens recently, reflecting diminished market confidence. Asset manager 21Shares filed for a Dogecoin ETF with the SEC, aiming to track DOGE’s performance without leverage or derivatives. Amid the broader crypto market recovery, the Dogecoin DOGE $0.16 24h volatility: 7.9% Market cap: $23.17 B Vol. 24h: $1.89 B price saw a sharp upside, gaining 6.9% in the last 24 hours and moving to $0.16 levels. This…
21Shares files for spot Dogecoin ETF in the US
Digital asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund, following similar filings from rivals Bitwise and Grayscale. The 21Shares Dogecoin ETF would seek to track the price of the memecoin Dogecoin (DOGE), according to the firm’s April 9 Form S-1 registration statement. The Dogecoin Foundation’s corporate arm, House of Doge, plans to assist 21Shares with marketing the fund. 21Shares said Coinbase Custody would be the proposed custodian of its Dogecoin ETF but did not specify a fee, ticker or…
XRP ETF Launch Impresses Even In Bear Market, Says Analyst
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Cboe BZX files to list Canary’s SUI ETF
Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares of the fund. If approved, the ETF — issued by asset manager Canary Capital — would be the first in the country to hold SUI. The token has a market capitalization of roughly $6.5…
BlackRock adds Anchorage Digital as custodian for Bitcoin ETF
BlackRock, the world’s largest asset manager, has appointed Anchorage Digital Bank N.A. as an additional cryptocurrency custodian for its iShares Bitcoin Trust ETF. Anchorage Digital will serve as an additional cryptocurrency custodian for IBIT, according to a Form 8-K filing dated April 7. This move introduces a dual-custodian model, with Anchorage Digital joining Coinbase, the existing custodian, to enhance the security and operational resilience of IBIT’s Bitcoin (BTC) holdings. Anchorage Digital Bank N.A. is the only U.S. federally chartered digital asset bank, providing services such as digital asset custody, staking,…