On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $ 887.6 million. The momentum continued into Tuesday, with the ETFs amassing $ 418 million in inflows, building on the $ 15.4 million gained the previous day. Bitcoin …
With Bitcoin reaching record highs and the overall market capitalisation of cryptocurrencies surpassing $ 2.37T, the cryptocurrency market is seeing remarkable development. This is in line with the June 30, 2024, implementation of the MiCA rule, which will be followed by another wave on December 30, 2024, with the goal of promoting broader use …
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of the fund’s assets through one or more trusted staking providers.” Fidelity Updates […]
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments, a digital asset management firm, recently submitted an amended Form 19b-4 filing […]
Cetera Financial Group, a platform with $ 475 billion in assets under administration and $ 190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help …