ETF

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

15 hours ago 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

Delays in the launch of Ethereum ETFs have led to market uncertainty and significant outflows

July 4, 2024 1 min read

The sentiment in the Ethereum (ETH) market is now mixed as a result of the delay in the launch of spot Ethereum ETFs. The ETFs, which were first projected to be available on July 2, are now likely to be released on July 8. However, the initial anticipation surrounding their launch has diminished. The digital fund flows data from CoinShares indicates substantial outflows, representing its most unfavorable performance since August

Fidelity’s FBTC leads a surge as US spot Bitcoin ETFs attract $105 million in daily inflows

June 5, 2024 1 min read

Fidelity’s FBTC was the top recipient of $105 million in inflows for the US spot Bitcoin ETF on June 3, 2024. These Exchange-Traded Funds (ETFs) have had 15 consecutive days of capital inflows, suggesting strong investor interest. As of June 3, SoSoValue has reported $13.96 billion in net inflows from 11 Bitcoin ETFs licensed in the United States. Within the last 24 hours, a total of $105 million was allocated

BlockDAG Accelerates Mainnet Launch, Outpacing U.S. Ethereum ETF Wins: Key Insights into Algotech’s Presale

May 31, 2024 4 mins read

The cryptocurrency world is consistently evolving, with Ethereum and Algotech encountering various regulatory and market challenges. U.S. regulators have finally approved spot Ethereum ETFs, postively affecting its market dynamics. Meanwhile, Algotech progresses with its AI-driven trading technologies despite facing stiff competition. Amid these dynamics, BlockDAG emerges as a standout with its fast-tracked development and notable presale achievements, building a robust basis for future expansion and innovation within the crypto community.

The first-ever leveraged ether ETF in the U.S. by Volatility Shares will begin trading on June 4

May 30, 2024 1 min read

On June 4, the Volatility Shares 2x Ether ETF (ETHU) begins trading, a huge cryptocurrency event. A year after a leveraged bitcoin ETF was approved, this will be the first leveraged ether (ETH) ETF in the U.S. Chief Investment Officer Stuart Barton is thrilled about this debut at Volatility Shares. This clearance may lead to spot ether ETFs, according to Barton. For experienced traders mindful of the hazards, this new

The SEC’s approval of spot Ethereum ETFs is set to spark significant institutional demand

May 26, 2024 1 min read

Institutional demand for Ethereum is anticipated to rise after the SEC approved spot Ethereum ETFs. Crypto whales are driving large-volume Ethereum transactions, according to on-chain statistics. Analysts expect these changes to cause a demand shock, affecting Ethereum market dynamics. Newly authorized ETFs may reduce supply for the second-largest cryptocurrency by market valuation. Only 12.78 million ETH, 11% of the entire supply, is accessible on controlled exchanges, an eight-year low. Investors

What’s the Deal With Bitcoin ETFs?

May 24, 2024 2 mins read

Hey money nerds (and curious newbies!), let’s talk about Bitcoin ETFs, the new kid on the investment block. You might’ve heard whispers about Bitcoin, the king of crypto, but maybe the whole digital wallet thing feels a little too Wild West for your taste. Enter Bitcoin ETFs, your chance to invest in the Bitcoin game without the digital tumbleweeds. So, what’s the deal with Bitcoin Exchange-Traded Funds (ETFs)? Think of

The US SEC Approves Ethereum ETFs in Landmark Decision for Crypto Market

May 24, 2024 1 min read

The US Securities and Exchange Commission (SEC) has accepted Ethereum Exchange-Traded Fund (ETF) applications from some of the world’s leading asset managers, a milestone for ETH and the crypto industry. The SEC’s filing approves all eight Ethereum ETF applications. Major financial institutions BlackRock, Grayscale, Bitwise, VanEck, Ark Invest, 21Shares, Invesco Galaxy, Fidelity, and Franklin Templeton submitted these. These recommendations fulfill Exchange Act Section 6(b)(5) standards to prevent fraud and manipulation,

The SEC’s decision this week on spot Ethereum ETFs will significantly impact the crypto market

May 20, 2024 2 mins read

This week, the SEC will decide whether to allow or reject spot Ethereum ETFs. This move has drawn attention from prominent investing companies. The SEC’s VanEck application deadline is May 23, followed by Cathie Wood’s ARK Invest and 21Shares proposals the following day. BlackRock, Fidelity, Bitwise, Galaxy Digital, Franklin Templeton, and Hashdex are also interested in launching a spot Ethereum ETF. Most industry analysts expect the SEC to reject these

Hong Kong’s crypto ETFs stumble compared to US success, facing outflows and market challenges

May 18, 2024 1 min read

Hong Kong’s crypto ETFs have lagged behind US spot ETFs, which own $55 billion. After early enthusiasm, Hong Kong’s crypto ETF launch was underwhelming. Bloomberg reported that six Hong Kong Bitcoin and Ether ETFs lost $25 million in inflows from $293 million. American spot ETFs have attracted $12.1 billion in net inflows and $55 billion in total. This accomplishment shows how hard Hong Kong struggles to compete with the US

The US SEC filings reveal a growing but cautious interest in Bitcoin ETFs among major institutions

May 4, 2024 1 min read

The US SEC requires 13F filings for entities managing over $100 million to disclose Bitcoin exchange-traded fund (ETF) interests. These filings show institutional interest in Bitcoin ETFs based on quarterly holdings. BNP Paribas and BNY Mellon have small Bitcoin ETF stakes. BNY Mellon has around 20,000 IBIT shares and 7,000 Grayscale’s GBTC shares, while BNP Paribas owns 1,000. These tiny stakes indicate institutional interest in bitcoin funds. Smaller corporations are more