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 $36.9 million flowing out of its coffers. The outflows were not limited to BlackRock’s Bitcoin fund alone. Nine ...
BlackRock's Spot Bitcoin exchange-traded fund (ETF) stands out as the only ETF that has consistently attracted inflows since the start of March 2024. While some other ETFs haven't experienced outflows, they've also seen no new assets flowing into their portfolios. Data from Farside Investors reveals that the top 11 US ...
Australian investment company Monochrome has applied to list its pioneering spot Bitcoin exchange-traded fund (ETF) on Cboe Australia, transferring it from the Australian Securities Exchange (ASX). In an announcement published on April 5 on its website, the asset manager stated this was a strategic move to capitalize on the growing ...
For the first time since the introduction of spot Bitcoin ETFs in the US market, Grayscale Bitcoin Trust Shares ($GBTC) did not register the most daily outflows from its portfolio, as ARKB Invests' $ARKB surpassed its $82 million outflows with up to $6 million. According to a report from Farside ...
Top Ripple executives have once again criticized the United States Securities and Exchange Commission (SEC) for its lack of clarity in regulating digital assets, particularly in light of the uncertainty surrounding the agency's stance on approving an Ethereum ETF. On March 22, Ripple Labs Chief Executive Officer (CEO) Brad Garlinghouse ...
Before the introduction of the Ordinals protocol, Bitcoin was largely regarded as a ‘boring’ blockchain. Since its inception in 2009, the pioneer blockchain has focused on serving as a peer-to-peer system for value exchange, aligning with the original vision of its creator, Satoshi Nakatomo. Innovations on the network were largely ...
BlackRock's Bitcoin exchange-traded fund (ETF), iShares Bitcoin ETF ($IBIT), has amassed over 222,591.8 BTC tokens in its asset portfolio since its January launch, as per recent data published on March 14 by BitMEX Research. According to the data, $IBIT records daily inflows of investments exceeding hundreds of millions of dollars. ...
The US Securities and Exchange Commission (SEC) issued a notice on Wednesday, March 13, instructing First Trust-SkyBridge to publicly announce its Bitcoin ETF application has been "abandoned". This move follows the SEC's rejection of their initial application in January 2022. Since then, neither party has taken any meaningful steps to ...
Stakeholders in Hong Kong's crypto industry are urging regulators to expedite the launch of crypto spot exchange-traded funds (ETFs), according to a report from local media agency Singtao. While Hong Kong began accepting applications for spot Bitcoin ETFs in December 2023, no progress has been made regarding their launch in ...
