ETFs

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.