Tag: ETFs

SEC delays decision on XRP, Solana, Litecoin, Dogecoin ETFs

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds. In a slew of filings on March 11, the agency said it has “designated a longer period”  to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale’s XRP (XRP) and Cboe BZX Exchange’s spot Solana (SOL) ETF filings, with the decisions on them pushed until May. The SEC has delayed making a decision to approve several altcoin ETFs. Source: SEC…

ETF Weekly Recap: Four Consecutive Weeks of Outflows for Bitcoin ETFs With Another $799M Exit

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Bitcoin ETFs experienced a net weekly outflow of $799 million, marking the fourth consecutive week of outflows. Ether ETFs also faced challenges, recording a net outflow of $120 million. Crypto ETFs Continue to Experience Significant Outflows In the week spanning Mar. 3 to Mar. 7, bitcoin and ether ETFs experienced significant net outflows, reflecting a […] Original

Bitcoin ETFs record fourth consecutive week of outflows, amid macroeconomic concerns

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Weekly flows for spot Bitcoin ETFs remained negative for the fourth consecutive week as macroeconomic factors continued to weigh heavily on investor sentiment. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded another week of outflows from March 3-5, with nearly $800 million exiting the funds. This follows a record outflow week that saw over $2.61 billion in redemptions, extending the negative flow streak to four consecutive weeks with total net outflows exceeding $4.5 billion. Notably, Bitcoin ETFs recorded net negative flows throughout last week, starting with $74.19…

‘Biggest’ market crash arrived, ETFs are ‘fake’

Robert Kiyosaki, the “Rich Dad Poor Dad” author, has stated that the “biggest stock market crash” he predicted in his 2014 book “Rich Dad’s Prophecy” has now arrived. In a recent X tweet, the financial guru highlighted what he sees as a fundamental vulnerability in modern retirement systems. Kiyosaki contrasted today’s Defined Contribution (DC) pension plans like 401(k)s and IRAs with the more secure Defined Benefit (DB) plans of previous generations. IN Rich Dads Prophecy, published in 2014 I predicted the biggest stock market crash was still coming. Unfortunately that…

Spot ETFs shed $455m in recent weeks

Ethereum sits at a crucial support level as demand for spot exchange-traded funds wanes on Wall Street. Ethereum (ETH), the second-biggest crypto, has stagnated at $2,100 in the past few days. This price is about 47% below the highest level in December and 45% lower than where it was in the same period last year.  Data shows that Wall Street investors have continued to dump assets. According to SoSoValue, all Ethereum ETFs shed $120 million in assets last week after losing $335 million a week earlier — $455 million in…

Bitcoin ETFs Witness $38 Million Outflow as Grayscale Withdrawals Hit Ether ETFs Hard

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On March 5, Bitcoin ETFs experienced net outflows of $38 million, with Valkyrie’s BRRR leading the withdrawals. Ether ETFs faced even larger outflows, totaling $63 million, primarily due to significant withdrawals from Grayscale’s ETHE. Midweek Outflows: Crypto ETFs Experience Significant Withdrawals In a week marked by significant market fluctuations, bitcoin and ether exchange-traded funds (ETFs) […] Original

Bitcoin ETFs record third straight day of net outflows led by Valkyrie’s BRRR

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Spot Bitcoin exchange-traded funds in the United States recorded their third consecutive day of net outflows on March 5, led by Valkyrie’s BRRR. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $38.3 million in outflows on Wednesday, extending their outflow streak to three days with $74.19 million and $143.43 million in net redemptions on Monday and Tuesday, respectively. The majority of the outflows came from Valkyrie’s BRRR, with $60.42 million exiting the fund, while Invesco Galaxy’s BTCO and Bitwise’s BITB saw more modest outflows of $9.94 million…