ETF

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

Hong Kong approves its first Bitcoin ETF, signaling a significant push in the crypto market

April 17, 2024 1 min read

Hong Kong has granted approval for its inaugural Bitcoin exchange-traded fund (ETF), representing a notable milestone in the realm of crypto. The Bitcoin ETF, overseen by China Asset Management (Hong Kong) in partnership with OSL Digital Securities and BOC International Prudential Trusteeship, provides investors with a direct opportunity to profit from the price of Bitcoin. Furthermore, this strengthens Hong Kong’s appeal as a prominent center for crypto trading and investment.

Bitwise seeks UK SEC approval for Ethereum ETF

March 31, 2024 1 min read

Bitwise has submitted an application for an Ethereum Exchange-Traded Fund (ETF) after achieving favorable results with its Bitcoin ETF. The application incorporates a correlation study between ETH and BTC, with the objective of presenting evidence to the SEC that an Ethereum ETF should be granted permission based on shared characteristics in market dynamics. Bitwise is diversifying its investment portfolio by entering the Ethereum market with the introduction of the Bitwise

IBIT and FBTC Bitcoin ETFs become top picks at BlackRock and Fidelity in record time

March 25, 2024 1 min read

BlackRock and Fidelity Investments have reached a significant achievement with their Bitcoin ETFs, IBIT and FBTC, becoming the leading options in their investment portfolio in less than 50 days. Despite overseeing a diverse portfolio of 420 ETFs, IBIT was responsible for more than 50% of BlackRock’s yearly net inflows. In the same way, FBTC had the highest amount of money coming into Fidelity, garnering five times more capital than any

The US SEC extends the deadline for its decision about Ethereum ETF to May 30

March 20, 2024 1 min read

The US Securities and Exchange Commission (SEC) has postponed its judgment on whether to approve the Hashdex Nasdaq Ethereum exchange-traded fund. This comes as the regulator decided to postponed the decision on May 30, 2024, and the fund will hold ether spot and futures contracts if approved. The Nasdaq Stock Exchange (NSE) filed an application with the SEC in September, and Toroso Investments administers and controls the fund. In addition,

Grayscale’s GBTC sees over $10B outflow, marking a record withdrawal

March 14, 2024 1 min read

Grayscale’s Bitcoin Trust (GBTC) has just been removed $10.6 billion, resulting in the second-largest outflow in the ETF industry over the last 15 years. The change in investor preferences is seen in the Vanguard S&P 500 ETF (VOO) taking the lead with over $258 billion in inflows, followed by the iShares Core S&P 500 ETF (IVV) and the Vanguard Total Stock Market ETF (VTI). Plus, exchange-traded funds (ETFs) such as