Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […]
U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $ 53.35 million. Blackrock’s IBIT garnered $ 110.37 million in inflows, whereas Grayscale’s GBTC experienced $ 53.86 million in outflows. Blackrock’s IBIT Boosts Reserves to $ 21B Amid $ 110.37M Inflows On July 17, …
The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassnode Report Analyzes Sell-side Forces and ETF Impact on Bitcoin Centralized exchanges and ETF […]
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $ 5,000 by year-end. Bitwise’s Hougan: Ethereum ETFs to Push Prices Above $ 5,000 …
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $ 260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $ 20 billion. Massive Inflows into U.S. Spot Bitcoin …