Tag: ETFs

XRP Jumps 8% as Franklin Templeton, Grayscale ETFs Begin Trading

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Asset management company Franklin Templeton launched an exchange-traded fund tracking the XRP token on the NYSE Arca amid regulatory approvals clearing the way for other crypto investment vehicles. On Monday, the Franklin XRP ETF launched on the NYSE Arca under the ticker XRPZ, providing investors with access to the cryptocurrency. Its trading debut coincides with the launch of the Grayscale XRP Trust ETF (GXRP) and follows other similar launches from Bitwise Asset Management and Canary Capital. XRP (XRP) is the native asset of the XRP Ledger, an open-source blockchain developed…

Bitcoin ETFs Cement 4 Weeks of Outflows: Next Stage for BTC Is Here

Key Notes Bitcoin spot ETFs logged four straight weeks of withdrawals. Total outflow reached $4.349 billion over the past month. Analysts hint that BTC has likely formed the bottom. Bitcoin BTC $85 821 24h volatility: 0.3% Market cap: $1.71 T Vol. 24h: $69.93 B spot ETFs recorded another tough week with $1.22 billion weekly outflow between Nov. 17 to Nov. 21. Across the past month, these funds posted a total outflow of $4.349 billion, the second-largest four-week slide on record. The only larger Bitcoin ETF selling wave happened from mid-February…

NYSE Gives Final OK on Grayscale’s Dogecoin and XRP ETFs

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The New York Stock Exchange has approved the listing of Grayscale’s Dogecoin and XRP exchange-traded funds (ETFs), teeing up both to launch on Monday. NYSE Arca, a subsidiary of the exchange, filed with the Securities and Exchange Commission on Friday to certify “its approval for listing and registration” of the Grayscale XRP Trust ETF (GXRP) and the Grayscale Dogecoin Trust ETF (GDOG). Bloomberg senior ETF analyst Eric Balchunas posted the NYSE’s approvals to X on Sunday, and said Grayscale’s ETF tied to Chainlink (LINK) will follow in the next week…

BREAKING CRYPTO CZAR GIVES MARKET HOPE WITH CRYPTO CRASHES

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BREAKING CRYPTO CZAR GIVES MARKET HOPE WITH CRYPTO CRASHES Despite the recent dip, the White House crypto and AI czar David Sacks is giving us some hope with a bullish statement! We also have huge news for Chainlink, HBAR, and Ripple! 00:00 HI 00:02 Crypto market update 04:48 XRP and HBAR updates 08:34 4 big Chainlink partnerships 12:14 Balancer exploit Support The O Show with Ref Links: ✨ Learn more about the network at ➡️ ✨Explore project support opportunities at ➡️ ✨SIGN…

XRP ETFs Could See Aggressive Accumulation, Here Are The Numbers

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XRP has entered a new phase in its growth as Spot XRP ETFs begin trading across the United States. The excitement surrounding institutional access to XRP has grown quickly in recent weeks, especially as filings and inflow reports hint at rising interest from funds preparing to scale their exposure.  A market commentator known as Chad Steingraber presented a projection showing just how intense ETF accumulation could become if issuers adopt an acquisition strategy similar to what was seen in Bitcoin ETFs. The estimates outline an aggressive period of accumulation that…

Bitcoin ETFs Pull $238M as Ether Ends 8-Day Outflow Streak

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Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. On Friday, spot Bitcoin (BTC) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the turnaround with $108 million, while smaller contributions from BITB, ARKB, and BTCO helped lift sentiment. Even Grayscale’s GBTC, long pressured by outflows, added $61.5 million, according to data from Farside Investors. The recovery came after…

ARK Invest Adds Bullish, BitMine, Circle, Robinhood and Bitcoin ETFs

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ARK Invest closed out the week with a fresh round of accumulation across several of its flagship funds, picking up positions in Circle, Bullish, BitMine, Robinhood and Bitcoin ETFs as crypto-related equities rebounded. The largest set of purchases targeted Bullish, with ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF) and ARK Next Generation Internet ETF (ARKW) expanding their exposure, according to trade notifications for Friday. Combined, these buys amounted to about $2 million, following Bullish’s 5.75% gain on the day. ARK also continued accumulating BitMine, with purchases across ARKF,…

Solana and XRP ETFs Defy Outflows as Markets Face Heavy Outflows

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While spot Bitcoin and Ether exchange-traded funds (ETFs) are facing some of the biggest daily outflows since they launch, two new altcoin products are bucking the trend. Despite the broader market rout, Solana (SOL) and XRP (XRP) ETFs have yet to record a single outflow day since launch, according to crypto ETF data aggregator SoSoValue. This makes the two altcoin ETFs rare green marks in an otherwise red ETF landscape. The inflows are becoming substantial. Data shows that Solana-based spot ETFs have accumulated nearly $500 million in net inflows, while…