Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many investors want exposure to,” said the CEO of Bitwise. Bitwise Seeks SEC Approval […]
Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook on the future of XRP ETFs. Bitwise’s Move Toward an XRP […]
Spot Bitcoin ETFs Add $105M as Ether ETFs Pull in $43M on Busy Trading Day
U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $ 105.84 million, while spot ether funds also added $ 43.23 million. Blackrock’s IBIT Leads Bitcoin ETFs, While Grayscale’s Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session for the 12 spot bitcoin ETFs and the nine …
Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to Gains
The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $ 92 million, while spot ether ETFs collected $ 2.87 million. Spot Bitcoin ETFs Add $ 92M as Ether ETFs Navigate Mixed Market …
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $ 11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz showed that the 12 spot bitcoin ETFs had inflows …