The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these spot ether ETFs have been working with the SEC to […]
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $ 120.03 million and $ 115.14 million, respectively. Blackrock’s IBIT and Fidelity’s FBTC Dominate Friday’s Bitcoin ETF Inflows On Friday, the U.S. spot bitcoin …
The 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows for the third consecutive day on Tuesday, bringing in $ 216.33 million. Blackrock’s IBIT was the top performer, securing $ 121.03 million during the trading sessions. Fidelity’s FBTC and Blackrock’s IBIT Drive Bitcoin ETF Gains With Tuesday’s gains, the cumulative total net inflows …
U.S. spot bitcoin exchange-traded funds experienced slight losses on Tuesday, with $ 13.62 million in outflows recorded. Grayscale’s GBTC was the primary contributor, losing $ 31.38 million during the trading sessions. Blackrock’s IBIT Secures Top Spot With $ 14.12M Inflows Amidst ETF Outflows Following inflows on Monday, the 11 spot bitcoin ETFs …
Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $ 6,500. Steno’s latest post on the subject forecasts that Ether ETFs will perform better than leading analysts have predicted, bringing up to $ 20 …
Rich Dad Poor Dad author Robert Kiyosaki has cautioned against investing in bitcoin exchange-traded funds (ETFs). He prefers investing in actual bitcoin, calling bitcoin ETFs fake bitcoin. He recently revealed that he buys bitcoin every month and is following Warren Buffett’s strategy of buying and holding. Robert Kiyosaki Rejects Bitcoin ETFs, Advocates for Owning Real […]
Spot bitcoin exchange-traded funds (ETFs) trading in the United States experienced their fourth straight day of net inflows on Friday. Data from sosovalue.xyz shows $ 73.05 million was added during the trading sessions, with Blackrock’s IBIT leading the pack. Spot Bitcoin ETFs Enjoy Four-Day Inflow Streak On Friday, the 11 spot bitcoin ETFs saw …
Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is really to construct portfolios and do the risk analysis and due diligence,” the executive stressed. “They’re doing that right now.” ‘This Journey That […]
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $ 145 million. Fidelity’s FBTC continued to lead the outflows with $ 92 million exiting the fund on June 17. Fidelity’s FBTC and Ark Invest’s ARKB Among Biggest Losers During Monday’s Outflow According to sosovalue.xyz metrics, …
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds (ETFs) to launch this summer. The SEC is still working with fund issuers on their S-1 filings, which must be declared effective before the spot ether ETFs can launch. Gary Gensler Answers Crypto Questions The […]
Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings. The analyst believes there is a decent chance the SEC […]
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $ 226.21 million in outflows recorded during the trading sessions. Fidelity’s FBTC saw the largest outflows, with $ 106 million exiting the fund. Massive Outflows Strike U.S. Bitcoin ETFs On Wednesday, the 11 spot bitcoin ETFs attracted $ 100.8 million, …
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $ 1.96 billion in bitcoin and $ 26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth Hong Kong’s spot bitcoin and ether ETFs have been active for 44 …
U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $ 100.9 million, with Fidelity’s FBTC leading the way. Fidelity’s FBTC Tops Bitcoin ETF Inflows With $ 51M On Wednesday, spot bitcoin ETFs reversed their two-day outflow trend. …
U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $ 200.31 million in outflows on Tuesday following the $ 64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $ 121 million reduction. Spot Bitcoin ETFs Lose Ground Spot bitcoin ETFs have recorded two days of outflows so …