Charles Schwab is preparing to expand its crypto offerings by launching spot trading for Bitcoin and Ethereum, according to CEO Rick Wurster. In an interview with CNBC on Friday, Wurster said Schwab clients already hold significant exposure to crypto via exchange-traded products (ETPs), owning more than 20% of the industry’s crypto ETP market. However, he noted that crypto still represents a relatively small portion of clients’ total wealth, around $25 billion out of $10.8 trillion. “We anticipate launching Bitcoin (BTC) and Ether (ETH) sometime soon so that our clients have access to that,”…
Tag: Ether
Sharplink Gaming Files to Sell $5B in Stock for Ether Purchases
Sharplink Gaming Inc. has filed to sell up to $5 billion worth of additional common stock, primarily to fund the purchase of ether for its corporate treasury. Sharplink Expands Stock Offering to $6B Total The Minneapolis-based online gaming marketing company disclosed the plan in a Securities and Exchange Commission (SEC) filing this week. The new […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Ether ETFs Overtake Bitcoin ETFs in Daily Inflows for the First Time
In a historic shift, ether exchange-traded funds (ETFs) outpaced bitcoin ETFs in daily inflows for the first time, drawing in $602 million compared to bitcoin’s $523 million. Combined, crypto ETFs attracted a massive $1.1 billion, cementing institutional appetite for digital assets. Crypto ETFs Pull in $1.1 Billion As Ether Steals the Spotlight From Bitcoin For […] Original
Here’s Why An Ether ‘Rapid Reversal’ Is Unlikely
Ether’s meteoric rally to $3,600 on Thursday is unlikely to retreat as long as two key macro conditions continue to hold, a hedge fund executive says. “All the hard data that arrived this week argues against a rapid reversal,” crypto hedge fund ZX Squared Capital partner Felix Xu told Cointelegraph on Thursday. ETFs are booming, and Fed uncertainty is bullish for Ether Xu pointed to the growing inflows into US spot Ether (ETH) exchange-traded funds (ETFs) as a significant catalyst for Ether’s continued price uptrend, pointing to Wednesday’s $727 million…
Ether ETFs Shatter Records With $727 Million Inflows as Bitcoin ETFs Extend Streak to 10 Days
In a landmark session, ether ETFs recorded their highest single-day inflow ever with $727 million, while bitcoin ETFs extended their green streak to 10 days with $799 million in net inflows. Crypto ETFs Soar: Ether Hits New Inflow High With Bitcoin Pulling in $799 Million It was a day for the history books in ETF […] Original
ETF Bullish Wave: $403 Million Flows Into Bitcoin and $192 Million Into Ether
Bitcoin ETFs extended their bullish run to nine consecutive days with $403 million in net inflows, while ether ETFs not only gained $192.33 million but also set a new record trading volume of $1.62 billion. Bitcoin ETFs Record $403 Million in Inflows for 9th Consecutive Day, While Ether ETFs Set New Record The momentum refuses […] Original
Bitcoin ETFs Hit 8-Day Streak With $297 Million Inflow as Ether ETFs Extend Winning Run
Bitcoin exchange-traded funds (ETFs) clocked their eighth straight day of inflows with $297.40 million, led by a hefty push from Blackrock’s IBIT. Ether ETFs continued their hot streak as well, pulling in $259.04 million in fresh capital. ETF Rally Continues: Bitcoin and Ether Funds Add Over Half a Billion in One Day Momentum in crypto […] Original
ETF Surge: Bitcoin and Ether ETFs Attract $3.6 Billion in Weekly Inflows
Bitcoin and ether exchange-traded funds (ETFs) continued their historic run with $2.72 billion and $907.99 million in net weekly inflows, respectively. This marks the fifth consecutive green week for bitcoin ETFs and the ninth for ether ETFs. Record-Breaking Momentum: Bitcoin and Ether ETFs Extend Green Run The momentum is undeniable. As digital assets soar, so […] Original
SharpLink Buys $49M of ETH for its Ether Reserve
NASDAQ-listed sportsbook marketing firm SharpLink Gaming bought nearly $49 million worth of Ether (ETH) on Sunday, as ETH prices soared past $3,000. The company, whose board is chaired by Ethereum co-founder Joseph Lubin, has been all-in on ETH since late May. This latest transaction brings SharpLink Gaming’s total treasury value to 198,300 ETH, worth nearly $608 million at time of writing. According to onchain analytics service Arkham Intelligence and blockchain explorer Etherscan, a wallet belonging to SharpLink Gaming received 16,370 ETH worth $48.7 million on Sunday, from a wallet likely…
BIG BOUNCE as C-Leg Hits, Bitcoin to $106k, XRP to $2.20, Recovery Phase to Escape Range
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…