U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that spot ethereum exchange-traded funds (ETFs) “will take some time” to commence trading, highlighting the necessity for a thorough disclosure process. Additionally, Gensler emphasized the lack of proper disclosure provided by crypto exchanges to investors. Spot Ether ETFs ‘Will Take Some Time’ The chairman […]
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $ 886.6 million, with Fidelity’s FBTC leading, capturing $ 379 million on Tuesday. U.S. Spot Bitcoin ETFs Secure Over $ 61 Billion in BTC Holdings Spot bitcoin …
Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin ETFs or offshore options, which did not offer the same investor protections established […]
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $ 3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty to Ordinal: Bitcoin NFTs Hit $ 3.82 Billion in Sales In …
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this time. Despite this, Ark remains committed to […]