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 Monochrome Ethereum ETF (IETH) in partnership with its Responsible Entity ...
ETF issuer Defiance has launched MSTX, the first single-stock long-leveraged ETF for MicroStrategy, according to a press release issued on Thursday, August 15. This innovative financial product aims to provide 175% long daily targeted exposure to the investment firm, which has become synonymous with Bitcoin holdings among public companies. Sylvia ...
The European Fund and Asset Management Association (EFAMA) has stated that a significant expansion of asset classes, including cryptocurrencies, is unlikely following the recent review of UCITS-eligible assets, according to a new report from ETF Stream. UCITS (short for Undertakings for Collective Investment in Transferable Securities) is a European regulatory ...
Nasdaq and BlackRock are advancing plans to list and trade options for BlackRock's spot Ethereum exchange-traded fund (ETF), according to a recent report by Reuters. The asset manger reportedly submitted a proposal to the U.S. Securities and Exchange Commission (SEC) through the Nasdaq International Securities Exchange for rule change to ...
The newly launched spot Ether exchange-traded funds (ETFs) in the United States have shown a promising start, recording positive net flows on their first trading day despite significant outflows from Grayscale's Ethereum Trust. According to data from SoSoValue released on Wednesday, Jul 24, 2024, the US ETH ETFs saw net ...
The US-listed Spot Bitcoin ETFs saw a net inflow of $295 million on Monday, July 8, marking the largest single-day inflow since June 5. According to data from Farside Investors, BlackRock's $IBIT led the charge with $187.21 million in new investments. Following $IBIT, Fidelity Investments’ $FBTC recorded the second-largest flow ...
The U.S. spot Bitcoin ETF market began July with a significant boost, as net inflows reached a promising $129 million on the trading day ending Monday, July 1, 2024. According to data released by Farside Investments on Tuesday, July 2, Fidelity Investments' $FBTC led the charge with a $65 million ...
CNBC's 'Fast Money' trader Brian Kelly sparked a heated discussion on Crypto X by predicting Solana (SOL) could be the next cryptocurrency to secure a spot exchange-traded fund (ETF) in the U.S. Kelly voiced his prediction during the CNBC post-market talk show on May 22, just before the SEC's decision ...
Crypto markets are abuzz with renewed optimism as speculation mounts that a spot Ether (ETH) exchange-traded fund (ETF) may soon receive approval. This surge in confidence follows reports that the U.S. Securities and Exchange Commission (SEC) has reversed its stance on spot Ether ETFs, allegedly due to political pressure. And ...
BlackRock’s iShares Bitcoin Trust experienced its first-ever outflow day during the trading ending May 1, 2024. According to data from Farside Investors, the spot Bitcoin ETF ended the day with a significant $36.9 million flowing out of its coffers. The outflows were not limited to BlackRock’s Bitcoin fund alone. Nine ...
