Tag: ETFs

Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts

Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, while […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Spot Bitcoin and Ethereum ETFs Shed Millions in Friday Trading

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During Friday’s trading sessions, U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) experienced significant outflows, with $89.73 million exiting the BTC ETFs and $15.71 million flowing out of the ETH ETFs. Bitcoin and Ethereum ETFs See Reductions Data from sosovalue.xyz revealed that the 12 spot bitcoin ETFs collectively saw $89.73 million in outflows on Friday, […] Original

US Bitcoin ETFs Soar With $192M Boost; Ethereum ETFs Record Modest Loss

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The latest figures from U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) reveal another contrasting shift. Bitcoin ETFs welcomed $192.56 million in inflows, while their ethereum counterparts saw around $2.87 million in net outflows. Blackrock’s IBIT Leads Inflow Gains On Thursday, bitcoin and ether ETFs moved in opposite directions, with bitcoin funds posting gains and […] Original

Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’

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The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors and potential career consequences for advisors. He warned that the advisors could risk their Certified Financial Planner credentials if they fail to adhere to […] Original

Morgan Stanley’s Bitcoin ETFs are ‘last taboo’ to adoption

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Morgan Stanley, the largest wealth management firm in the U.S., has authorized its 15,000 financial advisors to recommend Bitcoin exchange-traded funds to select clients. As of Aug. 7, advisors can now offer BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to clients with a net worth of at least $1.5 million and a high-risk tolerance. As one expert noted, this decision could drive more widespread adoption of Bitcoin (BTC) in the coming months.  “This is the last taboo…with Morgan Stanley giving their wealth advisors the greenlight to allocate…

BlackRock seeks to launch options on Ethereum ETFs. What does this mean for the market?

Nasdaq and BlackRock, the world’s largest asset manager, are planning to start trading options on the spot Ethereum ETF. According to a filing posted on the U.S. Securities and Exchange Commission’s website, representatives of Nasdaq and BlackRock asked the regulator to allow trading options on the iShares Ethereum Trust ETF (ETHA), the only Ethereum-based ETF listed on the Nasdaq exchange. The published document proposes changing the rules for listing and trading options on the iShares Ethereum Trust. The exchange offers to expand the list of ETFs suitable for trading on the exchange in…

US Spot Bitcoin ETFs Record $45M Inflows as Ether ETFs See $24M Outflows

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U.S. spot bitcoin exchange-traded funds (ETFs) reported inflows on Wednesday, while spot ether ETFs experienced net outflows. Data reveals that 12 spot bitcoin ETFs collectively gained $45.14 million, whereas $23.68 million exited ethereum ETFs. Spot Bitcoin ETFs Gain, While Ethereum ETFs Shed Losses On Wednesday, sosovalue.xyz stats show the 12 U.S. spot bitcoin ETFs saw […] Original

Spot Ethereum ETFs record $98.4m inflows; Bitcoin ETFs shed $148.6m

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Spot Ethereum exchange-traded funds in the United States continued to see positive inflows this week, while spot Bitcoin ETFs experienced outflows for the second consecutive day. Data from Farside Investors revealed that the nine spot Ethereum ETFs had net inflows of $98.4 million on Tuesday, Aug. 6, more than double the inflows recorded the previous day. The bulk of these inflows, amounting to $109.9 million, were directed into BlackRock’s ETHA fund, pushing its total inflows past the $850 million mark. Fidelity’s FETH fund also saw significant inflows of $22.5 million.…