Solana infrastructure provider Jito Labs, asset managers VanEck and Bitwise and two other stakeholders are appealing to the US Securities and Exchange Commission (SEC) to allow liquid staking for Solana exchange-traded products (ETPs). Liquid staking is a form of allocating tokens to a validator while receiving a derivative token in return, effectively meaning the staked tokens aren’t “locked up.” Liquid staked tokens (LSTs) can be traded, used in decentralized finance or even loaned. However, the process introduces additional risks not seen in traditional staking processes. Groups appealing to the SEC,…
Tag: ETFs
Blackrock Lifts Both Bitcoin and Ether ETFs as Flows Stay Positive
Bitcoin exchange-traded funds (ETFs) secured $47 million in fresh inflows, driven by Blackrock and Bitwise, while ether ETFs narrowly extended their inflow streak to 19 days with $5.79 million after a sharp Fidelity outflow. Ether ETFs Extend Streak to 19 Days Despite Heavy Outflow; Bitcoin ETFs Add $47 Million Momentum in the crypto ETF market […] Original
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: Uncertainty hits investors in the Crypto market as Bitcoin stalls and War rises in the middle east. Trump Media gets SEC Approval for share sell to buy Bitcoin. Show Sponsor – 🔐 Safely Store your Crypto with Trezor Hardware Wallets – 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. 🏠 Propy (PRO) is a blockchain-based real…
Staking Approval for Ether ETFs Could Ignite Institutional Surge
Staking approval for US-listed Ether spot exchange-traded funds will bring huge inflows of institutional money into Ethereum, possibly giving Bitcoin ETFs a run for their money, analysts say. Speaking to Cointelegraph, 10x Research’s head of research, Markus Thielen, said staking for Ethereum ETFs would increase the yield and could “dramatically reshape the market.” US ETF issuers are still waiting for the US Securities and Exchange Commission to allow Ether ETFs to offer staking after filing numerous requests for permission earlier this year. NovaDius Wealth Management president and ETF analyst Nate…
Strategy Scoops Up $2.5B in BTC as ETFs Hit 4 Straight Days of Inflows
Key Notes Strategy bought 21,021 BTC after raising $2.5B via STRC IPO. Bitcoin ETFs recorded four straight days of net inflows. The market absorbed $9.6B sell-side volume during the weekend with minimal price dip. Strategy, previously known as MicroStrategy, has recently purchased another 21,021 BTC BTC $118 419 24h volatility: 0.4% Market cap: $2.36 T Vol. 24h: $37.44 B valued at $2.46 billion, according to data from Lookonchain. This major shopping, made between July 28 and 29, came shortly after the firm raised $2.5 billion through its fourth preferred stock…
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 Pull $157 Million While Ether ETFs Stretch Streak to 17 Days
Bitcoin exchange-traded funds (ETFs) broke back into strong inflows with $157 million on Monday, while ether ETFs extended their incredible streak to 17 consecutive green days, adding $65 million despite significant outflows on two funds. Ether ETFs See $65 Million Inflow As Bitcoin ETFs Return to Strong Inflows Markets opened the week on a bullish […] Original
Robert Kiyosaki recommends Bitcoin ETFs for average investors—but there’s a catch
“Rich Dad Poor Dad” author Robert Kiyosaki has endorsed Bitcoin ETFs for average investors while warning that ETFs are inferior. Original
Ether ETFs Close Week With $453 Million Surge as Bitcoin ETFs Add $131 Million
Ether ETFs finished the week on a high note with $453 million in inflows, continuing their record-breaking streak. Bitcoin ETFs also stayed in the green, adding $131 million despite a major GBTC outflow. Crypto ETF Flows Favor Ether ETFs as Bitcoin ETFs Stay Positive The week ended with a bang for ether exchange-traded funds (ETFs), […] Original
Bitcoin ETFs Mean No More Wild Price Swings — Analyst
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…