Institutional Investors Unlikely to Be Put Off by Ether (ETH) ETF’s Lack of Staking, 21Shares’ Ophelia Snyder Says

“For example, there could be months when the unstaking period is six or nine days, and that range can be so wide, it changes your liquidity requirements,” Snyder said. “And it doesn’t just jump from nine to 22 days. It actually slowly extends and if you monitor these things, there are data inputs that you can use to manage that portfolio such that you’re doing the right things in terms of maximizing returns while minimizing the probability of a liquidity issue.” Source

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17. Fidelity’s FBTC and Ark Invest’s ARKB Among Biggest Losers During Monday’s Outflow According to sosovalue.xyz metrics, U.S.-based spot bitcoin ETFs […] Original

SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds (ETFs) to launch this summer. The SEC is still working with fund issuers on their S-1 filings, which must be declared effective before the spot ether ETFs can launch. Gary Gensler Answers Crypto Questions The […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ethereum ETFs could go live in July, analyst says

Bloomberg analyst Eric Balchunas expects spot Ether (ETH)  exchange-traded funds (ETFs) to begin trading in the U.S. in July. Balchunas updated his forecast for the official launch of spot Ether ETFs, moving the over/under date to July 2. The crypto expert noted that the U.S. Securities and Exchange Commission (SEC) staff had sent comments on the S-1 filings to issuers, describing them as “pretty light” without major issues.  He mentioned that the SEC has asked for responses within a week, suggesting a decent chance that the ETFs could be declared…

Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X (formerly Twitter) post that they are moving their “over/under date” for the launch of the Spot Ethereum ETFs to July 2. He revealed they had heard that the Securities and Exchange Commission (SEC) sent fund…

US Bitcoin ETFs Record $226M in Outflows, Fidelity Led the Pack With $106M Exiting

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading sessions. Fidelity’s FBTC saw the largest outflows, with $106 million exiting the fund. Massive Outflows Strike U.S. Bitcoin ETFs On Wednesday, the 11 spot bitcoin ETFs attracted $100.8 million, but on Thursday, they faced net […] Original

Bitcoin (BTC) Exchange-Traded Funds (ETFs) Saw $226M Outflows on Thursday, Led by Fidelity’s FBTC

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

US Spot Bitcoin ETFs Reverse Outflows With $100M Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $100.9 million, with Fidelity’s FBTC leading the way. Fidelity’s FBTC Tops Bitcoin ETF Inflows With $51M On Wednesday, spot bitcoin ETFs reversed their two-day outflow trend. The group secured $100.9 […] Original