Tag: Ether

SEC solicits comments on Fidelity’s spot Ether ETF application

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The United States Securities and Exchange Commission (SEC) called on the public to comment on a proposed rule change that could allow asset management firm Fidelity to offer shares of its spot Ether exchange-traded fund, or ETF. In a Nov. 30 notice, the SEC said “interested persons” may comment on the Fidelity offering, proposing the Cboe BZX Exchange list and trade shares of its Fidelity Ethereum Fund. Fidelity first filed for approval of the fund on Nov. 17, becoming one of many firms looking to throw their hats into the…

CME-Listed Bitcoin (BTC), Ether (ETH) Futures Flash a Rare Bullish Signal

A futures contract is a legal contract to buy or sell the underlying asset at a predetermined price at a specified future date, called the expiry date. Usually, futures markets are in contango, a term used to describe when the price of futures rises above spot, with further-out futures drawing higher than nearer-expiration futures. An increase in buying pressure often causes the contango to widen. Source

Bitcoin (BTC) Funds Surpass $1.5B of Inflows in 2023; Ether (ETH), Solana (SOL) Funds Lead Altcoin Inflows

Funds holding ether (ETH) experienced $34 million of net inflows last week, extending the positive trend to four consecutive weeks and surpassing $100 million of net inflows during this period. ETH funds now have almost nullified their dismal run of outflows earlier this year, which marks “a decisive turnaround in sentiment” towards the second largest cryptocurrency, CoinShares added. Source

BlackRock Wants An Ether Spot ETF

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BlackRock has joined the Ethereum Spot ETF race as the asset management company has officially applied to the US SEC and is currently waiting for approval.  BlackRock Files For An Ethereum Spot ETF Following its Spot Bitcoin ETF filing, BlackRock, an American investment company has taken the proactive step by filing an Ethereum Spot Exchange Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC).  The asset management company submitted the application on November 15, however, BlackRock has stated it formed the Trust as early as November 9. …

Boyaa Interactive Unveils $100M Crypto Purchase Plan to Buy Bitcoin, Ether, USDT and USDC

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“The purchase and holding of cryptocurrencies is a pivotal move for the Group to path its business layout and development in the field of Web3,” the company said in a stock exchange filing released Monday. “The online gaming business has high compatibility with Web3 technology, and its focus on communities, users and virtual assets may enable an easier and wider application of Web3 technology to the online gaming industry.” Original

Bitcoin (BTC) Price Drops 4%, Ether (ETH) Price Declines 6% as Crypto ETF Momentum Stalls with SEC Likely Delay, Analyst Says

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“ETF speculation is front and center for now, but the store of value narrative still holds and will give the asset a resilient and increasing floor,” Noelle Acheson, author of the Crypto Is Macro Now newsletter, noted in an email to CoinDesk. “I very much doubt that the recent sell-off means the rally is done for now.” Original

Cboe Digital Set Sight for Bitcoin and Ether Futures Trading in 2024

Cboe Digital’s planned launch of margin Bitcoin and Ethereum futures is set to complement its existing spot crypto market, which includes trading pairs for Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USDC Cboe Global Markets’ digital asset exchange recently revealed its ambitious plans to revolutionize crypto trading by launching margin futures on Bitcoin (BTC) and Ethereum (ETH) starting January 11, 2024.  Cboe Digital to Pioneer Crypto Futures Trading This move positions Cboe Digital as the first US-regulated crypto-native exchange and clearinghouse to facilitate both spot and leveraged derivatives trading on a…