Tag: ETFs

SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs

The U.S. Securities and Exchange Commission (SEC) has approved the use of in-kind creation and redemption processes for all spot bitcoin (BTC) and ethereum (ETH) exchange-traded funds (ETFs), marking a significant shift in the regulator’s approach to digital assets under its new leadership. The decision allows authorized participants—large institutional investors who facilitate ETF liquidity—to create and redeem ETF shares directly in BTC or ETH, rather than having to use cash. The mechanism is widely seen as more efficient and secure as it lets authorized participants to closely track investor demand…

Bitcoin ETFs Mean No More Wild Price Swings — Analyst

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Bitcoin (BTC) will no longer experience “parabolic” price rallies or “devastating” bear markets, because BTC exchange-traded funds (ETFs) have permanently reduced volatility and altered market dynamics, according to Blockware BTC analyst Mitchell Askew. “BTC/USD looks like two entirely different assets before and after the ETF,” the analyst wrote on Friday. The chart he shared showed a sharp reduction in price volatility following the January 2024 launch of the Bitcoin ETF in the United States. The analyst said: “The days of parabolic bull markets and devastating bear markets are over. BTC…

Spot Ether ETFs Hit $453M in Inflows, Extend 16-Day Streak

Spot Ethereum exchange-traded funds (ETFs) posted another strong session on Friday, drawing $452.72 million in net inflows and extending their inflow streak to 16 consecutive trading days, according to data from SoSoValue. BlackRock’s iShares Ethereum Trust (ETHA) once again dominated the charts, pulling in $440.10 million in daily net inflows. The fund now commands $10.69 billion in assets, the largest share among US Ether (ETH) ETFs. Bitwise’s ETHW followed at a distant second with $9.95 million, while Fidelity’s FETH added $7.30 million. Grayscale’s ETHE, however, continued to see redemptions, losing…

Ether ETFs Inflows Surpassed Bitcoin ETFs Inflows For The Past 6 Trading Days.

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US investors poured more into spot Ether exchange-traded funds than their Bitcoin counterparts over the last six trading days, as institutional interest in Ethereum surged this week.  Spot Ether ETFs recorded a net inflow of nearly $2.4 billion in the past six trading days, far above spot Bitcoin ETFs, which recorded only $827 million during the same period, according to Farside Investors.  Ether ETF inflows also outpaced Bitcoin ETFs for each of the last six trading days.  Ether ETFs’ net inflow in the past six days hit $2.39 billion. Source:…

Ethereum ETFs Hit 1 Year On US Market

US-based Spot Ether exchange-traded funds marked their one-year trading anniversary on Wednesday amid a three-week run of inflows that included some of their strongest days to date. A year ago, the US Securities and Exchange Commission approved the spot Ether (ETH) ETFs to begin trading on July 23, 2024, with funds from BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton, VanEck, Invesco and two from Grayscale hitting the market. In the 12 months since, those nine ETFs have together taken in total net inflows of around $8.69 billion and command assets under…