ETF

Canary Capital files for that ETF in a registration statement to the SEC

March 23, 2025 1 min read

Canary Capital has submitted a proposal for a new type of exchange-traded fund (ETF) called the Pengu ETF. This would be the first ETF of its kind. The firm is an institutional crypto trading and management company. They filed the registration statement with the U.S. Securities and Exchange Commission (SEC) on Thursday. The Pengu ETF will invest in non-fungible tokens (NFTs) and various cryptocurrencies. Specifically, it will focus on the

ETF Speculation Drives Dogecoin Price Predictions And This AI Meme Coin’s 81x Projection

March 4, 2025 4 mins read

The Dogecoin price is back in the spotlight as ETF speculation ignites fresh predictions. While the Dogecoin price future remains uncertain, analysts have set their sights on FloppyPepe (FPPE) and its predicted 81x surge. Unlike Dogecoin (DOGE), which relies on speculation and market hype, FloppyPepe (FPPE) combines AI-driven technology, passive income rewards, and real utility to create a sustainable investment opportunity. With its rapidly selling presale and rapidly growing ecosystem,

While XRP & SOL Attract Attention in the ETF Domain, Analysts Believe Web3Bay Could Surpass Both with Higher ROI Potential

February 25, 2025 4 mins read

The crypto market is evolving, and as exchange-traded funds (ETFs) become more popular, certain assets are capturing greater attention. XRP and Solana (SOL) are leading the pack, as institutional investors prepare for a new stage in cryptocurrency integration. While XRP and Solana have made their marks, investors are now scouting for opportunities with higher returns. Web3Bay, a budding crypto venture disrupting the e-commerce industry with blockchain technology, is one such

The SEC confirms Grayscale’s application to convert its Digital Large Cap Fund into crypto ETF

November 1, 2024 1 min read

The SEC has given the green light to Grayscale’s proposal to convert its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), which could pave the way for the first multi-asset crypto ETF on the market. This decision is anticipated within the next 45 to 90 days and could significantly impact the crypto landscape. The GDLC fund currently invests in a range of crypto, including Bitcoin, Ethereum, Solana, and

US Bitcoin ETFs experiences the largest inflow since late July, with over $263 million in a single day

September 15, 2024 1 min read

Bitcoin ETFs saw a jump in net buying on Friday, totaling $263 million, the greatest single-day inflow since July 22. This performance was fueled by a 12% gain in Bitcoin’s value, with one day seeing it surpass $60,000. Fidelity’s Bitcoin (FBTC) saw a $102 million inflow, boosting its weekly profits to almost $218 million. Other Bitcoin ETFs managed by Bitwise, Franklin Templeton, Valkyrie, VanEck, and Grayscale saw positive inflows. ARK

BlackRock launches its Ethereum ETF on Brazil’s B3 stock exchange

August 30, 2024 1 min read

BlackRock has introduced its Ethereum Exchange-Traded Fund (ETF) with the ticker symbol ETHA39 on Brazil’s B3 stock exchange. This enables Brazilian investors to gain exposure to Ethereum by investing in Brazilian Depositary Receipts (BDRs). This action represents a noteworthy advancement in the worldwide use of crypto, establishing Brazil as a leader in this emerging phenomenon. ETHA39 is a Brazilian extension of BlackRock’s iShares Ethereum Trust (ETHA) that enables investors in

The US Bitcoin ETFs see over $106 million outflow

August 29, 2024 1 min read

Bitcoin ETFs experienced outflows totaling $105.3 million, with six out of 11 ETF issuers losing $59.3 million. Fidelity’s FBTC saw a $10.4 million outflow, while Bitwise’s BITB and VanEck’s HODL lost $8.7 million and $10.1 million, respectively. Grayscale’s products also experienced outflows, with $8.0 million and $8.8 million withdrawn from GBTC and BTC, respectively. BlackRock’s IBIT did not register any outflows. The total net inflow for Bitcoin ETFs remains positive

The SEC’s concerns about Solana’s security status have delayed potential ETF approvals

August 20, 2024 2 mins read

The U.S. Securities and Exchange Commission (SEC) has classified Solana (SOL) as a possible securities, which has impeded the launch of SOL ETFs. As a result, the Chicago Board Options Exchange (Cboe) has withdrawn the necessary 19b-4 forms from its website, causing a delay in the certification process. The SEC concerns have resulted in the withdrawal of VanEck and 21Shares’ 19b-4 forms, which are crucial documentation for the listing of

The NYSE withdraws a proposed rule change to trade options based on Bitcoin ETFs

August 16, 2024 1 min read

As stated in a filing with the Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE) has decided to withdraw its application to list and trade options based on the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust securities. Following the publication of the proposal for public comment in February 2024, the Securities and Exchange Commission (SEC) extended its review term three times. A number of Bitcoin exchange-traded

Grayscale’s Ethereum Trust experiences $1.5 billion in net outflows since it was converted into an ETF

July 29, 2024 1 min read

New US spot Ethereum exchange-traded funds (ETFs) have had a rough start. After just one week of trading, buyers pulled about $1.5 billion from Grayscale’s fund. On Tuesday, more than $450 million worth of trades took place in the $9.1 billion Grayscale Ethereum Trust (ETHE). This was more than half of all trading action. However, $590 million went into other ETFs, mostly BlackRock’s iShares Ethereum Trust (ETHA), which brought in

Grayscale Ethereum ETF sees over $1 billion in outflows since its debut

July 26, 2024 1 min read

Grayscale’s Ethereum ETF (ETHE) lost over $1 billion in three trading days after its conversion, lowering assets under management from $9 billion to $7.4 billion. Inflows were led by BlackRock’s iShares Ethereum Trust (ETHA), which attracted $71 million and followed by Grayscale’s Ethereum Mini Trust (ETH), a spinoff of Ethereum Trust. Fidelity’s Ethereum Fund (FETH), Bitwise’s Ethereum ETF (ETHW), VanEck’s Ethereum ETF (ETHV), and Invesco/Galaxy’s QETH all saw inflows. A

BlackRock’s Ethereum ETF launch sees over $260 million in inflows

July 24, 2024 1 min read

The introduction of spot Ethereum ETFs in the United States has marked a noteworthy achievement for crypto fans and investors. The Ethereum ETF (ETHA) offered by BlackRock attracted the highest amount of new investments, totaling $266.5 million. This resulted in a daily trading volume above $1 billion. The Grayscale Ethereum Trust (ETHE) witnessed substantial outflows amounting to $484.1 million, in contrast to other ETFs which observed a combination of inflows