Bitcoin hits a fresh 30-month high as altcoins lag in rally
Bitcoin has recently experienced surges in its price following recent events in the crypto space, including the spot BTC exchange-traded funds (ETF) applications and other financial news. However, as Bitcoin shows dominance in the digital space, the same can’t be said for Ethereum, as Ether altcoins experience a lag rally. Price movement up and down […]
Ark Invest resubmits its spot Bitcoin ETF with updated warnings
Cathie Wood’s Ark Invest has taken another step in its quest to launch a Bitcoin spot exchange-traded fund (ETF) by filing a second amended application on October 11. This updated application includes additional risk warnings related to the Bitcoin network, which could potentially impact the ETF’s price. The changes also cover various other adjustments to […]
Ethereum Futures ETFs record low investment on their debut
The much-anticipated launch of nine new Ethereum Futures ETFs has generated limited investment interest in comparison to the initial excitement surrounding their introduction. On October 2nd, these nine ETF products made their debut, with the primary aim of tracking futures contracts linked to the value of Ethereum’s native cryptocurrency, Ether (ETH). Among these ETFs, five […]
VanEck unveils Ethereum ETF ads, Monday launch anticipated
VanEck, investment manager, is intensifying its promotional activities for its imminent Ether (ETH $1,656) futures exchange-traded fund (ETF), anticipated by some experts to be launched as early as October 2. The firm has recently unveiled two “Enter the Ether”-themed TV commercials, indicating that its Ethereum Strategy ETF, labeled EFUT, is on the horizon. On September […]
Cathie Wood’s Ark Innovation ETF Adjusts Portfolio with Tesla Sale and Palantir Purchase
Investor Cathie Wood, known for her innovative investment strategies, has made notable adjustments to the holdings of her Ark Innovation ETF. The fund, which currently boasts a net asset value of $8 billion, has delivered impressive returns of 40% in 2023 thus far. This article delves into the recent developments, shedding light on Wood’s decision […]
