Japan's regulators are adopting a conservative approach toward spot cryptocurrency exchange-traded funds (ETFs), in contrast to the more open policies seen in the U.S. and Hong Kong, according to Oki Shiozawa, investment director at Sumitomo Mitsui Trust Asset Management....
BlackRock CEO Larry Fink revealed that the asset management giant now views Bitcoin as a digital alternative to gold, marking a significant shift in the firm’s stance on cryptocurrency. Fink's comments, made during an earnings call, highlight BlackRock’s evolving...
The uptick in funds digital assets attracted in the past week suggests a shift in investor focus from traditional monetary policy to the upcoming U.S. elections, according to CoinShares' head of research, James Butterfill. In a blog post on...
The Fidelity Ethereum Fund (FETH) saw a record-high daily outflow of over $25 million on October 1, 2024, surpassing all other U.S.-based spot Ether ETFs except for Grayscale’s Ethereum Trust (ETHE). According to data from Farside Investors, total outflows...
Bitwise is reportedly preparing to file for an XRP exchange-traded fund (ETF) with Delaware's Department of State's Division of Corporations. According to Nate Geraci, a well-known cryptocurrency analyst, this move is a strategic political decision, likely timed to coincide...
Taiwan's Financial Supervisory Commission (FSC) has approved professional investors to utilize local brokers to access foreign crypto exchange-traded funds, according to a press release on September 30, 2024. The latest policy revision allows professional investors to invest in foreign...
In just nine months, spot Bitcoin ETFs have gone from the new kid on the block to the life of the party. Over $4.6 billion worth of units of these ETFs were traded within 24 hours of their approval....
Ryan Lee, Chief Analyst at Bitget Research, has highlighted the potential of Grayscale's newly launched XRP Trust as a stepping stone towards a future XRP exchange-traded fund (ETF). Grayscale officially introduced the Grayscale XRP Trust on September 12, offering...
Australian asset management firm Monochrome has announced its application to list a new Ethereum exchange-traded fund (ETF) on Cboe Australia. The announcement, made in a press release published on Thursday, September 5, 2024, reveals the company's plans to introduce...
The recent introduction of Exchange-Traded Funds (ETFs) for Bitcoin, Ethereum, and Solana has been hailed as a landmark moment for crypto. Many in the sector believe these crypto ETFs will improve liquidity and drive broader adoption. However, there is...
