ETFs

**Grayscale Revelation: Ether ETFs Unveiled in New Filings – Will SEC Give Green Light?**

by

New York, NY – Grayscale, a prominent crypto investment firm, has made significant strides in its efforts to launch an ether exchange-traded fund (ETF). The company recently filed Form S-3 with the U.S. Securities and Exchange Commission for the Grayscale Ethereum Trust (ETHE), a crucial step in the process of transforming the fund into an ETF. Additionally, Grayscale also submitted filings for a Grayscale Ethereum Mini Trust, which is expected to have a lower management …

Read more

Institutional Demand Surge Expected as Hong Kong Approves BTC and ETH ETFs – Bitcoin Soars to $66,500 and Ether Hits $3,240!

by

Hong Kong – Bitcoin (BTC) has experienced a 2.8% increase in the last 24 hours, reaching a trading value above $66,500, while ether (ETH) has also seen a rise to $3,240, as reported by CoinDesk Indices data. This surge comes as several issuers in Hong Kong have announced their approval for spot crypto exchange-traded funds (ETFs). Among the organizations that have shared their approval for listing spot bitcoin and ether ETFs on the social media …

Read more

Bitcoin ETFs See $15.4 Million Inflows After Five Days of Outflows – Fidelity Leads the Charge!

by

New York, USA – The Nasdaq-listed spot bitcoin exchange-traded funds (ETFs) saw a significant turnaround on Monday, with inflows totaling $15.4 million after a five-day streak of outflows. This data was revealed by investment firm Farside in their latest report. Leading the inflows was Fidelity’s FBTC, which attracted $261.8 million, followed closely by BlackRock’s IBIT with $35.5 million. Other funds such as BITB, BTCO, EZBC, and BRRR also received substantial inflows ranging between $11 million …

Read more

Bitcoin price drops 16% as investors flock to new ETFs – exclusive Editor’s Digest inside!

by

London, England – Bitcoin, the world’s largest cryptocurrency, experienced a significant drop of 16% from its recent all-time high of $73,800 last week. This decline comes as investor flows into new stock market funds, which had been driving a remarkable rally this year, reversed course. On Wednesday, Bitcoin plummeted to as low as $60,760 before rebounding to just under $63,000. The outflows from 11 new bitcoin exchange traded funds totaled nearly $500 million in the …

Read more

Bitcoin “Bitcoin Price Plummets Over 8% as U.S. ETFs Lose Favor – What’s Next for the Crypto Market?”

by

New York City, NY – Bitcoin’s prices experienced a significant decline on Tuesday as U.S.-listed spot exchange-traded funds (ETFs) lost appeal among investors. The leading cryptocurrency plummeted over 8% to trade below $62,000, marking its largest single-day percentage drop since November 9, 2022. This recent pullback comes after prices hit record highs of over $73,500 last week, with the CoinDesk 20 Index also retracting by 16% during the same period. Numerous factors have contributed to …

Read more

Bitcoin’s Volatility Tamed: ETFs Driving Stability in Cryptocurrency Market?

by

San Francisco, CA – Bitcoin, the popular cryptocurrency, is showing signs of stability as its price fluctuations have decreased significantly over the past decade, according to Matt Hougan of Bitwise Asset Management. Hougan, the firm’s chief investment officer, attributed the recent calmness in the bitcoin market to a balance between supply and demand, driven by the introduction of new sources of demand through ETFs. This shift has led to a more predictable market for investors. …

Read more

Bitcoin Fever: BlackRock and Fidelity Dominate Record Inflows in New ETFs

by

New York, NY – Bitcoin’s recent surge in value has led to significant inflows into spot Bitcoin ETFs, solidifying the standing of popular investment options within this emerging asset class. BlackRock Inc.’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ Wise Origin Bitcoin Fund (FBTC) have collectively garnered 79% of total inflows into the “Newborn Nine,” which refers to a group of recently approved exchange-traded funds that directly invest in Bitcoin. In response to the dominance …

Read more

Bitcoin ETFs: Why the Floodgates of Investment May Finally Open for Big RIAs and Broker-Dealers

by

New York, NY – Despite the substantial investments already made in cryptocurrency products, there is anticipation that the floodgates of investment may only truly open once bitcoin ETFs are made available through prominent registered investment advisor (RIA) networks and broker-dealer platforms associated with leading firms like Merrill Lynch, Morgan Stanley, and Wells Fargo. These established financial entities hold considerable influence in the market, with their endorsement likely to provide a significant boost to the legitimacy …

Read more

Bitcoin ETFs: BlackRock Leads with $2.2B Inflows in a Week – Surpassing Gold Assets!

by

New York City, New York – Bitcoin Exchange Traded Funds (ETFs) have seen a massive surge in net inflows in the past week, totaling $2.2 billion. This comes after a period of significant growth in the cryptocurrency market, with BlackRock emerging as a major player in the ETF space. The influx of funds into Bitcoin ETFs is a clear indication of growing institutional interest in cryptocurrency. BlackRock, in particular, has been at the forefront of …

Read more

Bitcoin Rallies Above $50,000, Triggering Cryptocurrency Surge: Spot ETFs and Institutional Inflows

by

New York City, New York – Bitcoin surged to its highest price since December 2021 on Monday, breaking the $50,000 mark for the first time in over two years. The rally sparked a surge in other cryptocurrencies and related stocks, with Coinbase and bitcoin ETFs experiencing significant gains. Marathon Digital, a prominent bitcoin miner, also saw a substantial increase in its stock price. By Monday afternoon, Bitcoin was trading above $50,200, reaching a peak of …

Read more