ETFs

Anthony Pompliano discusses the SEC’s approval of Ethereum ETFs

July 25, 2024 1 min read

The approval of Ethereum Exchange-Traded Funds (ETFs) by the SEC has generated enthusiasm within the cryptocurrency sector. Anthony Pompliano, the CEO of Professional Capital Management, anticipates that while Ethereum ETFs may not generate as much excitement as Bitcoin ETFs, they will contribute to the wider adoption of cryptocurrencies. Pompliano credited the strong performance of Bitcoin ETFs to the significant amount of money flowing into them, as evidenced by BlackRock’s Bitcoin

Spot Ethereum ETFs are set to launch on CBOE next week

July 21, 2024 1 min read

The Chicago Board Options Exchange (CBOE) plans to introduce five Ethereum exchange-traded funds (ETFs) on July 23, 2024. The ETFs will be listed on the Chicago Board Options Exchange (CBOE) and will commence trading as a new offering, subject to regulatory approval. The Securities and Exchange Commission (SEC) is responsible for granting approval to the issuers of these ETFs for their S-1 forms, which allows them to be publicly traded.

Over $53 million daily net inflow was recorded into the US spot Bitcoin ETFs

July 19, 2024 1 min read

Eleven US spot bitcoin exchange-traded funds received a total of $53.35 million in daily net inflows on Wednesday, extending their positive streak to nine consecutive days. BlackRock’s IBIT experienced the highest net inflows of the day, totaling $110.37 million. The Bitcoin ETF with the greatest net asset value had a transaction volume of $1.21 billion. Fidelity’s FBTC experienced the most significant increase in net funds, amounting to $2.83 million. BITB,

Ethereum ETFs to draw up to $1 billion monthly

July 15, 2024 1 min read

Kraken’s Head of Strategy, Thomas Perfumo, predicts that Ethereum ETFs could attract up to $1 billion in monthly investments, potentially pushing Ethereum (ETH) to new price highs and benefiting the wider crypto market. Perfumo also highlighted the upcoming US elections as a significant factor in the crypto industry’s future. He identified Ethereum ETFs as a key factor for the crypto market’s growth in the latter half of the year, with

Bitwise stands alone with a $12M inflow as other Bitcoin ETFs face stagnant investments

May 13, 2024 1 min read

Bitwise crypto index fund manager is the only Bitcoin ETF with recent inflows, while others saw no new investments or withdrawals. In a market where BlackRock, Fidelity, and Grayscale saw no new money, Bitwise’s Bitcoin ETF (BITB) garnered $12 million on May 8. After regulatory clearance in January, Bitcoin ETFs saw over $11.77 billion in inflows, but interest has since dropped. Notably, BlackRock’s ETF was among the top five inflows

Grayscale debuts Bitcoin Mini Trust with 0.15% fees to revitalize its ETF offerings

April 24, 2024 1 min read

Grayscale launches the “Grayscale Bitcoin Mini Trust,” a cheaper Bitcoin trust with a 0.15% charge. This launch attempts to strengthen its status amid market instability and the Bitcoin halving event. After a week of net outflows, U.S. spot Bitcoin ETFs had positive inflows on Monday, April 22, 2024. Furthermore, these ETFs received $62 million in inflows that day, according to SoSoValue. The Fidelity Wise Origin Bitcoin Fund (FBTC) led with

Bitcoin ETFs trading volume soars but face a setback, hinting at market volatility

March 6, 2024 1 min read

Last week, Bitcoin exchange-traded funds (ETFs) witnessed a trading volume that broke all previous records, which resulted in large investment flows. On the other hand, a decline took place at the end of the week, showing that net investments in a group of ten funds based in the United States turned negative. Although Grayscale Investments’ fund had significant withdrawals, BlackRock’s iShares Bitcoin ETF (IBIT) received approximately $203 million in investments.