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 $36.9 million flowing out of its coffers. The outflows were not limited to BlackRock’s Bitcoin fund alone. Nine ...
BlackRock's Spot Bitcoin exchange-traded fund (ETF) stands out as the only ETF that has consistently attracted inflows since the start of March 2024. While some other ETFs haven't experienced outflows, they've also seen no new assets flowing into their portfolios. Data from Farside Investors reveals that the top 11 US ...
Australian investment company Monochrome has applied to list its pioneering spot Bitcoin exchange-traded fund (ETF) on Cboe Australia, transferring it from the Australian Securities Exchange (ASX). In an announcement published on April 5 on its website, the asset manager stated this was a strategic move to capitalize on the growing ...
For the first time since the introduction of spot Bitcoin ETFs in the US market, Grayscale Bitcoin Trust Shares ($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 ...
