A surge in Bitcoin ETFs as trading hits new highs, BlackRock dominates the market
Bitcoin ETF shares were 3 times bigger than in previous months at the end of March. The running trading volumes had propelled to the numbers that the previous January and February could not match. This surge is primarily credited to IBIT, the BlackRock Bitcoin ETF that has been viewed as an early frontrunner in the […]
Senators call on SEC to halt approval of crypto ETFs
In a letter addressed to Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), Senators Jack Reed and Laphonza Butler expressed concerns over approving further cryptocurrency exchange-traded funds (ETFs). The senators cited “enormous risks” to retail investors, warning of potential exposure to thinly traded markets susceptible to fraud and manipulation. The March 11 […]
Coinbase official Rebukes senators’ concerns over crypto ETFs
In a bold rebuttal to recent concerns voiced by U.S. Senators Jack Reed and Laphonza Butler regarding regulating cryptocurrency exchange-traded funds (ETFs), Coinbase’s Chief Legal Officer, Paul Grewal, has firmly contested their assertions. Grewal’s response, issued on March 15, casts doubt on the senators’ claims and asserts the robustness of Ethereum (ETH) and its potential […]
U.S Bitcoin ETFs amass $9.3 billion in net inflows since launch
U.S.-based Bitcoin exchange-traded funds (ETFs) have surged in popularity, amassing a significant portion of the total Bitcoin (BTC) supply within a remarkably short span. The latest data reveals that these ETFs now collectively hold over $54 billion in assets, representing approximately 4% of BTC’s entire supply. Bitcoin ETFs witness unprecedented growth In a demonstration of […]
ETFs propel Bitcoin $100K price target sparks investor Frenzy
Bitcoin has recently concluded a mass accumulation phase, signaling a potential prelude to significant price surges. According to data from Glassnode, Bitcoin (BTC) has transitioned from a year-long accumulation spree that commenced after the 2022 bear market. Notably, figures indicate a decline in BTC accumulation addresses for the first time since the first quarter of […]
Record trading volumes reached for new Bitcoin ETFs as BTC surges
Trading volumes for the “new nine” spot Bitcoin exchange-traded funds (ETFs) have skyrocketed to a new daily record as Bitcoin (BTC) surged to $54,938 on Monday. This surge reflects a growing interest in cryptocurrency investment vehicles, with BlackRock’s IBIT leading the pack in trading volume. The trading volumes for the nine-spot Bitcoin ETFs soared to […]
BlackRock’s Bitcoin bet pays Off – $2 billion and counting
Bitcoin Exchange-Traded Funds (ETFs) have experienced a significant surge in inflows, reaching a notable milestone of $2 billion. This surge is indicative of growing investor interest and confidence in the crypto market, particularly in Bitcoin. Notably, BlackRock, the world’s largest asset manager, has played a pivotal role in leading this influx of investment into BTC […]
The ETFs vs Spot trading dynamics revealed by Robinhood CFO
Robinhood’s Chief Financial Officer, Jason Warnick, revealed that Bitcoin exchange-traded funds (ETFs) have not significantly impacted spot Bitcoin trading on the platform. In the earnings call for the fourth quarter of 2023, Warnick stated that only 5% of Robinhood users’ crypto trading activity involves Bitcoin ETFs, while the remaining 95% prefer direct spot Bitcoin trading. […]
The hidden edge ETFs have outside of crypto
As the world grappled with the unprecedented shutdowns of March 2020 due to the Covid-19 pandemic, the financial markets were not spared their share of chaos. Among the upheaval, Exchange-Traded Funds (ETFs), particularly those in the fixed-income arena, found themselves in a peculiar spotlight. Critics and skeptics had long voiced concerns over the ballooning size […]
U.S. SEC delays decision on spot Ether ETF, sending mixed signals to investors
The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision regarding a proposed spot ether (ETH) exchange-traded fund (ETF), a joint venture between Invesco and Galaxy Digital, as disclosed in a recent filing. This move underscores the ongoing uncertainty surrounding the regulatory landscape of cryptocurrency investment products in the United States. The […]
US Bitcoin ETFs spell trouble for the financial world
The launch of US exchange-traded funds (ETFs) tracking Bitcoin has sparked discussions and concerns regarding potential risks to the broader financial system. If widely adopted, these products could pose challenges during times of market stress, potentially exacerbating volatility in both the Bitcoin market and other financial sectors. One analysis suggests that Bitcoin ETFs might introduce […]
Bitcoin ETF-led crypto industry takes a rather unique direction in Asia – How will this affect investors?
In recent years, the global financial landscape has witnessed a transformative shift with the advent of cryptocurrencies, and now, a new chapter is unfolding as Bitcoin Exchange-Traded Funds (ETFs) pave the way for a distinctive direction in the Asian markets. The introduction of Bitcoin ETFs has sparked significant interest and debate, as it represents a […]
SEC Commissioner “Crypto Mom” expects no lawsuit required for spot Ether ETF approvals
In a recent interview with Coinage Media, Hester “Crypto Mom” Peirce, a Commissioner at the United States Securities and Exchange Commission (SEC), expressed confidence that lawsuits would not be necessary to persuade the SEC to approve spot Ether (ETH) exchange-traded fund (ETF) applications. Peirce’s remarks come amidst growing anticipation for the approval of Ether ETFs, […]
The Crypto Weekend – What’s happening as BTC falls under $42K
As crypto continues to captivate both investors and enthusiasts alike, the recent weekend has ushered in a wave of volatility, placing Bitcoin (BTC) at the forefront of attention. The digital currency, often considered a barometer for the broader crypto market, experienced a significant downturn as it fell below the crucial $42,000 threshold. Crypto markets take […]
Bitcoin ETFs accumulate more assets amid growing investor interest
Bitcoin exchange-traded funds (ETFs) have continued to attract significant investor attention as they amass more Bitcoin holdings and assets under management (AUM). The recent data indicates a surge in interest in these investment vehicles, with BlackRock and Fidelity’s Bitcoin ETFs leading the way regarding AUM and weekly capital inflows. Growing Bitcoin holdings A recent report […]
Crypto market today – Bitcoin sinks below $42K
Today’s crypto headlines are dominated by a notable event as Bitcoin, the pioneer and bellwether of the crypto world, has experienced a significant downturn, sinking below the $42,000 mark. This sudden shift in value has sparked discussions and raised questions about the factors influencing the crypto market, leaving market participants and observers eager to understand […]
Bitcoin bulls propel U.S. ETFs to historic launch numbers
The Bitcoin year 2024 has witnessed a remarkable surge in the launch of Exchange-Traded Funds (ETFs) in the United States, setting an early record for the industry. This notable development can be attributed, in part, to the growing influence of digital assets, particularly spot bitcoin funds, which have played a pivotal role in shaping investment […]
Ethereum ETFs trigger FOMO amongst mainstream investors – all you need to know
In recent months, the world of finance has witnessed a revolutionary development with the advent of Ethereum Exchange-Traded Funds (ETFs), sparking a frenzy of Fear of Missing Out (FOMO) among mainstream investors. Ethereum, the second-largest cryptocurrency by market capitalization, has long been hailed for its decentralized blockchain and smart contract capabilities. With the introduction of […]
Why is the crypto market up today? Bitcoin breaks free to $41,000
Today’s headlines are ablaze with excitement as Bitcoin breaks through barriers and reaches an all-time high of $41,000. The crypto market, known for its volatility, has piqued the interest of investors, enthusiasts, and analysts alike. According to market data, the current price of Bitcoin (BTC) is $41,337.92, with a 24-hour trading volume of $22,420,450,493.74. This […]
Bitcoin’s ‘worst-kept’ secret revealed – Brace for an epic price shift!!
Bitcoin’s price has shown positive movements to the upside, recording a resurgence of the crypto’s market price in the past weeks. The fresh levels recorded an 18-month high, and experts predict a rally toward the $40,000 mark is imminent following the pending approvals of Bitcoin-spot exchange-traded funds (ETFs). Despite the fears of the US that […]
SEC has no reason to delay Bitcoin ETF – Here’s why
Based on recent reports by SEC commissioner Hester Peirce, the regulatory body no longer has the responsibility to delay the approval of exchange-traded funds (ETFs) for major crypto firms. Following the comments by the commissioner, the ETF approval rate has increased, and this attests to major crypto sentiments in the matter, confirming the inevitable adoption […]
“I guess ETF is a big deal in the US, but not elsewhere,” Changpeng ‘CZ’ Zhao
The Bitcoin ETF mania has swept over the decentralized financial industry, and one of the crypto bigwigs has something to say about it. Changpeng “CZ” Zhao, the CEO of Binance, has been an influential figure in crypto and the DeFi ecosystem, and his thoughts on a Bitcoin exchange traded-funds should be taken into account. While […]
Bitcoin price rally to $35K amid the growing ETF anticipation
The crypto world is always in constant growth, and among the recent surges witnessed is in Bitcoin. Its price has increased following the increasing demand for spot exchange-traded funds (ETF) and this has caused a bull rally that has seen its price closely reach the $35,000 mark. The surge comes as good news to crypto […]
Is AI Portfolio Management Meeting Investor Expectations on Realities?
In the midst of a fervor surrounding artificial intelligence in the investment realm, the performance of AI-powered exchange-traded funds (ETFs) is raising eyebrows. While technology and semiconductor-focused funds soar, the spotlight turns to AI-driven ETFs, which, despite the promise of advanced algorithms and data processing, are grappling to outperform traditional market benchmarks. The real story […]
Another Ether ETF filed by Invesco Galaxy
In a filing made on Friday, Invesco, a fund group that manages nearly $1.6 trillion in assets, advanced into the crypto domain. Recently, the Invesco Galaxy Ethereum ETF’s purpose was made public. Galaxy Digital Funds will function as the execution agent and manage the sale of ether in this strategic move. Notably, this ETF will […]
ETF investors to foot bill for meme stock risk cut
A tide of change is rising within the trade settlement landscape. The upcoming switch to a T+1 (trade-plus-one day) settlement system in the US next May doesn’t come without strings attached. While the move aims to cut back on credit, market, and liquidity risks, critics argue that it carries with it a heavy financial burden. […]
Valkyrie submits Ethereum futures ETF filing to the SEC
Determined to secure a firmer grasp on the burgeoning cryptocurrency market, Valkyrie’s latest move to submit an Ethereum futures exchange-traded fund (ETF) application to the United States Securities and Exchange Commission (SEC) showcases its commitment to innovation. This ambitious endeavor follows the asset management firm’s prior adjustment in its investment strategy for a Bitcoin futures […]
US-based Chinese ETF holders disregard growth commitment
Despite China’s recent indications of bolstering economic support during the nation’s strenuous recovery from the pandemic, investors in US-listed Chinese ETFs have largely disregarded the pledge, reacting with indifference. Information from VettaFi’s database illustrates this unexpected response, as only one ETF attracted significant inflows in the wake of the Chinese government’s announcement. What should have […]
Grayscale urges SEC to treat all Bitcoin ETF applications fairly
The U.S. Securities and Exchange Commission (SEC) finds itself at a crossroads as it contemplates the approval of spot Bitcoin Exchange-Traded Fund (ETF) applications. Grayscale Investments, a prominent player in the cryptocurrency investment space, has urged the SEC to grant equal treatment to all applicants if it approves any of the proposals. The company believes […]
ETF assets in Australia soar, breach $100 billion
A surge in the asset values of exchange-traded funds (ETFs) in Australia has taken the industry to new heights, breaching the $100 billion mark in the first half of this year. Defying earlier predictions and setting an all-time record, the ETF industry in the country has exhibited an explosive growth pace, dwarfing other local fund […]
Fidelity’s epic move: $13.2b mutual funds for ETFs
In a landmark move that echoes the larger currents of change sweeping the investment industry, Fidelity, the financial behemoth, is set to translate a sizable portion of its mutual funds assets—$13.2 billion to be precise—into Exchange Traded Funds (ETFs). This shift, slated for November this year, signals a visionary approach from Fidelity, one that could […]
BlackRock reveals surveillance-sharing agreement with Coinbase in its filing
Asset manager BlackRock’s recent filing for a spot Bitcoin exchange-traded fund (ETF) has revealed a “surveillance-sharing agreement” with leading cryptocurrency exchange Coinbase. The filing, submitted to the United States Securities and Exchange Commission (SEC) on June 29 by the Nasdaq stock exchange, sought a rule change to enable the listing of BlackRock’s Bitcoin ETF. In […]
BlackRock sparks intense ETF price battle
Opening up the frontline of a fierce financial battle, BlackRock’s strategic leap into the US buffered exchange-traded fund (ETF) realm has begun to intensify the competition on pricing. The financial titan introduced two ETFs, specifically designed to provide investors a safety net against market downturns, fundamentally reshaping the competitive landscape and pressuring competitors to rethink […]
US SEC advisory group urges rebranding of leveraged ETFs
The Investor Advisory Committee (IAC), an arm of the Securities and Exchange Commission (SEC), is urging a rebranding for single-stock ETFs and other non-traditional exchange traded products (ETPs). According to the committee, the current naming conventions have led to significant investor confusion, primarily because these products function differently from traditional ETFs. Divergent from traditional ETFs […]
ProShares records the large inflows amid ETF fever
In recent developments, the excitement surrounding Bitcoin exchange-traded funds (ETFs) has resurfaced, accompanied by a wave of new applications and increased capital inflows from institutional investors. Notably, the ProShares Bitcoin Strategy ETF (BITO), a Bitcoin futures fund, witnessed a surge of inflows on June 26, attracting significant attention from Bloomberg senior ETF analyst Eric Balchunas. […]
Grayscale Investments set to expand ETF offering in Europe
Grayscale Investments, the world’s largest cryptocurrency asset manager, said on Monday that it will establish an exchange-traded fund (ETF) in Europe made up of firms representing the “Future of Finance.” The cryptocurrency fund will be established on the London Stock Exchange, Borsa Italiana in Italy, and Deutsche Boerse Xetra in Germany. The ETF dubbed “Grayscale […]
Bitpanda’s early investor, SpeedInvest plans a new Seed Fund to counter market turbulence
Bitpanda is an Austria-based fintech company that offers services in cryptocurrencies, commodities, exchange-traded funds (ETFs), and securities trading. The organization holds incredible significance in the digital asset industry for its contributions. Many of Bitpanda’s early investors are also keen contributors to the fintech world. One such example is the SpeedInvest GmbH. It is a venture […]
Delayed ETFs are coming to Australia soon
Australia has announced the launching of its first cryptocurrency exchange-traded funds (ETFs). It will begin trading on Thursday, May 12. After a delay of two weeks, these ETFs will be up for trading on Australia’s Cboe Exchange. As per the announcement made by the Cboe Exchange, ETFs now have the desired green signal to enter […]
