Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings. The analyst believes there is a decent chance the SEC […]
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $ 1.96 billion in bitcoin and $ 26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth Hong Kong’s spot bitcoin and ether ETFs have been active for 44 …
U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $ 100.9 million, with Fidelity’s FBTC leading the way. Fidelity’s FBTC Tops Bitcoin ETF Inflows With $ 51M On Wednesday, spot bitcoin ETFs reversed their two-day outflow trend. …
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after losing court battles. XRP ETFs Likely Approved Next Year, Ripple’s CEO Says Ripple CEO Brad […]
U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $ 130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $ 168 million. Consistent Inflows for U.S. Spot Bitcoin ETFs The inflow trend for U.S. spot bitcoin ETFs continued, adding another …