Tag: ETFs

XRP Support Holds as ETFs Await SEC’s Decision, Price to $3.15?

Key Notes XRP price is holding a key support near $2.70, gaining 3% on September 29. Multiple XRP ETF proposals face crucial SEC decision deadlines throughout October. Analysts see potential for a rally toward $3.15 if bullish momentum strengthens. XRP XRP $2.87 24h volatility: 3.2% Market cap: $171.77 B Vol. 24h: $3.86 B is showing impressive resilience against sellers, trading near the $2.86 mark with a 3% daily gain on Sept. 29. Market watcher Ali Martinez noted that the cryptocurrency has tested the $2.70 support level five times since August…

Bitcoin ETFs lose 4-week inflow streak amid Trump tariffs and Fed rate concerns

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Spot Bitcoin exchange-traded funds in the United States ended their four-week inflow streak as investor demand weakened amid new Trump tariffs and uncertainty over the likelihood of another Federal Reserve rate cut this year. Summary Bitcoin ETFs recorded $902.5 million in net outflows over the past week. Investor sentiment remains weak amidst a fresh round of Trump tariffs and uncertainty over additional Fed rate cuts this year. Bitcoin has confirmed a bullish reversal pattern on the hourly chart. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $902.5…

Flood of Major Altcoin ETFs Await SEC Approval in October

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The crypto industry could be set for a flood of new crypto exchange-traded funds in October, with the US Securities and Exchange Commission set to make their final decisions on 16 crypto ETFs next month.  The ETFs are connected to a variety of major altcoins, including Solana (SOL), XRP (XRP), Litecoin (LTC) and memecoin Dogecoin (DOGE), which have final deadlines scattered throughout October. Up for approval first is decentralized exchange Canary’s Litecoin ETF, with a deadline of Oct. 2, followed by asset manager Grayscale’s Solana and Litecoin trust conversion on…

Ethereum Whales Extremely Active as ETH ETFs Bleed

Key Notes Spot Ethereum ETFs saw $248M in daily outflows, totaling $795M this week. Whales accumulated over 431,000 ETH worth $1,73B in just two days. Analysts note that steep corrections often clear excess leverage, resulting in gains. Spot Ethereum ETFs have recorded another day of heavy withdrawals, extending a week-long trend that reflects heightened volatility. These funds saw cumulative net outflows of $248 million on Friday, bringing total outflows for the week to $795 million. These five consecutive days of losses coincided with a sharp decline in ETH price. At…

Spot Ether ETFs Post Straight Week Of Outflows

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US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data. Meanwhile, the price of Ether fell 10.25% over the past seven days, trading at $4,013 at the time of publication, according to CoinMarketCap data. Ether’s price is down 12.24% over the past 30 days. Source: CoinMarketCap The last time spot…

Several SOL Staking ETFs May Be Approved Within 2 Weeks

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Several applications for Solana exchange-traded funds (ETFs) with staking could receive US approval by mid-October, ETF analyst Nate Geraci said, following fresh regulatory filings. “Guessing these are approved [within the] next two weeks,” Geraci, the president of NovaDius Wealth Management, said in an X post on Friday. Geraci noted that asset managers Franklin Templeton, Fidelity Investments, CoinShares, Bitwise Asset Management, Grayscale Investments, VanEck, and Canary Capital all filed amended S-1 documents for spot Solana (SOL) ETFs to the US Securities and Exchange Commission (SEC) on Friday. The S-1 document is…

Vanguard Mulls Adding Third‑Party Crypto ETFs

Key Notes Vanguard is exploring offering access to third-party crypto ETFs, reversing its long-held anti-crypto position, according to a recent report. The potential shift is influenced by new CEO Salim Ramji, a BlackRock veteran, and is a response to strong client demand. The move comes as rivals like BlackRock, Fidelity, and Morgan Stanley are deepening their involvement in the digital asset space. Asset management giant Vanguard is reportedly reversing its long-held anti-crypto stance and preparing to offer its brokerage clients access to third-party exchange-traded funds (ETFs). The development was first…

$250M Leaves BTC ETFs as Price Hits $109K: Will It Hold?

Key Notes Bitcoin ETFs saw $258M outflows on Sept. 25, with only BlackRock’s IBIT recording inflows. BTC dropped to a four-week low of $108,700, now hovering near $109K support. On-chain data shows extreme profit-taking and short-term holders nearing liquidation stress. US spot Bitcoin BTC $109 613 24h volatility: 1.9% Market cap: $2.18 T Vol. 24h: $72.14 B ETFs faced another day of significant outflows on Sept. 25, recording a combined net withdrawal of $258 million, data shows. BlackRock’s IBIT stood as the sole fund to register inflows, while its rivals…