Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Tag: ETFs
These 5 spot Ethereum ETFs are set to launch July 23: CBOE
The Chicago Board Options Exchange (CBOE) has confirmed the launch of spot Ethereum exchange-traded funds (ETFs) next week. The cryptocurrency market is set to witness a major milestone as spot Ethereum ETFs are slated to begin trading on the CBOE next week. CBOE revealed the information in the latest “new listings” notice on its website, confirming the launch of five Ethereum (ETH) ETFs. These include: 21Shares Core Ethereum ETF (CETF) Fidelity Ethereum Fund (FETH) Franklin Ethereum ETF (EZET) Invesco Galaxy Ethereum ETF (QETH) VanEck Ethereum ETF (ETHV) According to the…
Spot Bitcoin ETFs see total net inflow soar to over $17b
Between July 15 and July 19, 2024, the total net inflow for spot Bitcoin ETFs reached $17.08 billion. FBTC registers largest inflow On July 19 spot Bitcoin (BTC) ETFs recorded inflows of $383.6 million, the second highest of the month, following a record $422.9 that came on July 16. The Fidelity Wise Origin Bitcoin Fund (FBTC) and BlackRock’s iShares Bitcoin Trust (IBIT) continued to lead the charge, bringing in $141 million and $116.2 million respectively, as per data from SoSoValue. Spot Bitcoin ETF flowS for July 19 | Source: SoSoValue…
CBOE Global Markets Lists Spot Ethereum ETFs, Confirms Launch Date
The Chicago Board Options Exchange (CBOE) has confirmed the launch date for Spot Ethereum ETFs, revealing when five Spot ETH ETFs will commence trading in the crypto market. CBOE Finalizes Launch Date For Spot Ethereum ETFs On July 19, the CBOE released a new issue notification on its official website concerning the launch of Spot Ethereum ETFs trading. According to the notification, five Spot ETH ETFs will begin trading on the Chicago Board Options Exchange on July 23, 2024, pending regulatory effectiveness. Previously, analysts, including Bloomberg Senior ETF analyst, Eric…
ETH Derivates Volume Have Flatlined Despite Spot Ethereum ETFs Approval, What’s Going On?
ETH derivatives volume suggests that Ethereum investors have little confidence in the Spot Ethereum ETFs, sparking a massive rally for the second-largest crypto token by market cap. This development comes amid the imminent launch of these funds, which are expected to begin trading next week. Ethereum Futures Premium Highlights Little Confidence In ETH’s Price According to data from Laevitas, Ethereum’s fixed-month contracts annualized premium currently stands at 11%, suggesting that crypto traders aren’t bullish enough on ETH’s price. Further data from Laevitas shows that this indicator has yet to sustain…
Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements
The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassnode Report Analyzes Sell-side Forces and ETF Impact on Bitcoin Centralized exchanges and ETF […] Original
US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million
U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86 million in outflows. Blackrock’s IBIT Boosts Reserves to $21B Amid $110.37M Inflows On July 17, the 11 spot bitcoin ETFs recorded $1.79 billion in trade […] Original
SEC Commissioner Peirce says staking for spot Ether ETFs may be reconsidered
While the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum ETFs minus the staking option, Commissioner Hester Peirce says this could be open for reconsideration. Peirce shared this view during an interview with Coinage, noting that the exclusion of staking for spot Ethereum (ETH) ETFs or other spot ETF features can be reassessed. “There were features of the product that some people would have liked to see included but weren’t — those are always open for reconsideration as far as I’m concerned,” the SEC Commissioner noted. Peirce declined to…
Bitwise CIO Bullish On Ethereum ETFs Fueling Surge To Record Highs Above $5,000
As the highly anticipated launch date of spot Ethereum ETFs approaches, Matt Hougan, Chief Investment Officer of crypto asset manager Bitwise, has stressed the potential for these ETF inflows to drive the Ethereum price to record highs. In a recent client note, Hougan highlighted the significant impact that ETF flows could have on the Ethereum price, surpassing even the effects witnessed in the spot Bitcoin ETF market in the US. Ethereum ETFs Poised To Surpass Bitcoin’s Impact? Hougan confidently predicts that introducing spot Ethereum ETFs will lead to a surge…
US Spot Bitcoin ETFs Attract $422 Million in Single-Day Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $20 billion. Massive Inflows into U.S. Spot Bitcoin ETFs Highlight Institutional Backing The spot […] Source BitcoincryptoexchangeExchanges CryptoX Portal