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Showing posts with the label ETF

SEC Postpones Decision on Grayscale's Polkadot ETF to June 11

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SEC Postpones Decision on Grayscale's Polkadot ETF to June 11 The U.S. Securities and Exchange Commission (SEC) has deferred its decision on Grayscale Investments' proposal to convert its Polkadot Trust into a spot exchange-traded fund (ETF). Originally slated for a verdict by April 27, the SEC has now extended the review period to June 11, 2025, allowing additional time to assess the proposed rule change submitted by Nasdaq on February 24, 2025. This extension aligns with the SEC's standard 90-day revi... crypto news today

Hong Kong SFC Approves Tokenized Money Market ETFs

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Hong Kong SFC Approves Tokenized Money Market ETFs Bosera Secure SFC Approval for Hong Kong's Tokenized Money Market ETFs with HashKey The Hong Kong Securities and Futures Commission (SFC) has granted regulatory approval to HashKey Exchange and Bosera Asset Management to introduce two tokenized money market exchange-traded funds (ETFs). This represents a significant step forward in the incorporation of blockchain technology into traditional financial products. Underpinned by the security a... crypto news

REX Unveils ETF for Bitcoin-Backed Corporate Bonds

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REX Unveils ETF for Bitcoin-Backed Corporate Bonds REX Shares has introduced the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), a new exchange-traded fund designed to invest in convertible bonds issued by companies that hold Bitcoin in their corporate treasuries. Convertible bonds, a form of corporate debt, grant investors the option to convert their holdings into equity under specific conditions. Several firms leverage this mechanism to raise capital for Bitcoin acquisitions. Th... cryptonews

Cboe Seeks SEC Approval for Staking in Fidelity Ethereum ETF

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Cboe Seeks SEC Approval for Staking in Fidelity Ethereum ETF According to a document made on March 11, the Cboe BZX Exchange has submitted a proposal to U.S. regulators asking for permission to incorporate staking into Fidelity's Ethereum ETF (FETH). This action is the most recent attempt by a U.S. exchange to include staking in an exchange-traded fund (ETF) that is based on ether. The Fidelity Ethereum Fund would be able to "stake, or cause to be staked, all or a portion of the Trust’s ether through o... crypto news today

NYSE Seeks SEC Approval for ETH Staking in Grayscale Spot Ether ETFs

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NYSE Seeks SEC Approval for ETH Staking in Grayscale Spot Ether ETFs To allow ETH staking in Grayscale Spot Ether ETFs, the NYSE is proposing a rule change. An important step forward in the regulated cryptocurrency investment industry is Grayscale Investments' decision to include Ethereum staking in its spot Ether exchange-traded funds (ETFs). According to a filing dated February 14, the New York Stock Exchange (NYSE) has proposed this initiative to the U.S. Securities and Exchange Commission (SEC) and is request... cryptonews today

Wisconsin, Abu Dhabi Reveal Major Bitcoin ETF Investments

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Wisconsin, Abu Dhabi Reveal Major Bitcoin ETF Investments The State of Wisconsin Investment Board has more than doubled its Bitcoin ETF holdings in just three months, while Abu Dhabi’s sovereign wealth fund has made its first public disclosure of Bitcoin investments. Wisconsin Expands Bitcoin ETF Holdings According to a 13F filing with the U.S. Securities and Exchange Commission (SEC), Wisconsin’s state investment board acquired an additional 3.1 million shares of BlackRock’s iShares Bitcoin Trus... Coinatory

Ethereum Price Decline May Signal Imminent Rebound

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Ethereum Price Decline May Signal Imminent Rebound Given that technical indicators indicate the asset is in oversold territory, Ethereum's recent price decline may be paving the way for a recovery. Ethereum's Relative Strength Index (RSI), which has historically been a sign of a price recovery, is currently indicating oversold circumstances, according to a research paper published on February 11 by blockchain company Matrixport. Nevertheless, market mood is still cautious in spite of these op... Coinatory

Strategy Resumes Bitcoin Acquisition with $742 Million Purchase

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Strategy Resumes Bitcoin Acquisition with $742 Million Purchase Since rebranding, business analytics firm Strategy has made its first Bitcoin acquisition, paying $742.4 million for 7,633 BTC. The business acquired the Bitcoin at an average price of $97,255 per token, per a filing with the U.S. Securities and Exchange Commission (SEC). With this most recent investment, Strategy currently has 478,740 BTC in total, which is worth more over $46 billion. About $31.1 billion has been spent by Strategy to acq... Coinatory crypto news

Canada Approves First Leveraged Crypto ETFs as Evolve Funds Files Prospectus

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Canada Approves First Leveraged Crypto ETFs as Evolve Funds Files Prospectus As Evolve Funds seeks to provide new products targeted at luring investors back from the U.S., leveraged Bitcoin and Ethereum exchange-traded funds (ETFs) may soon be introduced, potentially expanding Canada's cryptocurrency ETF market. Due to reduced costs, increased trading volume, and the introduction of spot Bitcoin ETFs in the United States, investors have been moving their money southward, causing substantial capital outflows from Canad... cryptocurrency news

Saylor Signals Bitcoin Buy as BTC Consolidates Near $104K

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Saylor Signals Bitcoin Buy as BTC Consolidates Near $104K The largest corporate Bitcoin holder in the world, MicroStrategy, is still in the news because its co-founder, Michael Saylor, has hinted at another big Bitcoin acquisition. SaylorTracker reports that the company's Bitcoin investment has increased by more than 65%, with unrealized gains totaling more over $19 billion. Saylor posted the Bitcoin tracker on social media for the twelfth week in a row, indicating that more Bitcoin might be purchas... cryptocurrency news

4 U.S. Spot Bitcoin ETFs Rank Among Top ETF Launches in History

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4 U.S. Spot Bitcoin ETFs Rank Among Top ETF Launches in History Four U.S. spot Bitcoin exchange-traded funds (ETFs) have made it into the top 20 ETF launches ever, marking a significant milestone for the cryptocurrency industry and demonstrating the growing institutional interest in Bitcoin. This milestone was reached a year after the first spot Bitcoin ETFs were approved by the U.S. Securities and Exchange Commission (SEC), which sparked a lot of market activity. With the SEC's approval on January 10, 20... Coinatory cryptocurrency news

Crypto.com Launches Stock & ETF Trading for U.S. Investors

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Crypto.com Launches Stock & ETF Trading for U.S. Investors Crypto.com has made its first push into conventional finance (TradFi) services by introducing stock and exchange-traded fund (ETF) trading for a limited number of U.S. users. This move demonstrates the platform's goal to broaden its product line beyond cryptocurrencies and gain substantial traction in the larger financial services industry. Crypto.com intends to make its stock and ETF trading services available to customers across the US afte... crypto news

Bitcoin, Ether ETFs See $38.3B Net Inflows in 2024 Debut Year

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Bitcoin, Ether ETFs See $38.3B Net Inflows in 2024 Debut Year U.S.-listed spot Bitcoin and Ether exchange-traded funds (ETFs) saw a total of $38.3 billion in net inflows in a historic year for cryptocurrency ETFs, indicating strong demand from individual investors as well as increasing institutional interest. The market was dominated by spot Bitcoin ETFs, which more than doubled early projections with net inflows of $35.66 billion for 2024. With $37.31 billion in net inflows, BlackRock's iShares Bitcoin... crypto news

Ethereum ETFs Surge with Record Inflows as ETH Eyes $4,000 Milestone

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Ethereum ETFs Surge with Record Inflows as ETH Eyes $4,000 Milestone Ethereum ETFs saw unprecedented inflows this week as ETH broke past $3,000, signaling renewed investor confidence in the cryptocurrency market. According to SoSovalue data, Ether-based ETF products attracted $154.66 million over the past week, marking the highest influx since the U.S. Securities and Exchange Commission (SEC) approved these offerings in July. This rally follows Donald Trump’s recent victory in the U.S. presidential election, spar... Ethereum ETFs Surge with Record Inflows as ETH Eyes $4,000 Milestone Coinatory

Michigan State Pension Fund Invests $10M in Ethereum ETFs

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Michigan State Pension Fund Invests $10M in Ethereum ETFs Ethereum exchange-traded funds (ETFs) marked a milestone with their first state pension fund investment as the State of Michigan acquired $10 million worth of Ethereum-based ETFs from Grayscale, according to a recent SEC filing. This allocation places Michigan among the top five institutional holders of Grayscale’s Ethereum ETF products. Michigan’s latest Form 13F revealed its significant investment in Grayscale’s ETH and ETHE products, posit... crypto news

21Shares Files for Spot XRP ETF as Crypto Demand Evolves

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21Shares Files for Spot XRP ETF as Crypto Demand Evolves Crypto asset management firm 21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC), initiating the regulatory process for a spot XRP exchange-traded fund (ETF). This proposed fund, dubbed the 21Shares Core XRP Trust, marks the second XRP-focused ETF application, following a similar filing by Bitwise in October after it established an XRP Trust in Delaware. The move underscores a broader trend among issuers to e... 21Shares Files for Spot XRP ETF as Crypto Demand Evolves Coinatory

U.S. Bitcoin ETF Inflows Surpass $3B in October, Demand Hits Six-Month High

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U.S. Bitcoin ETF Inflows Surpass $3B in October, Demand Hits Six-Month High U.S. Spot Bitcoin ETFs See Unprecedented $3B Inflows Amid Heightened Retail Demand October has proven a record-setting month for U.S. spot Bitcoin exchange-traded funds (ETFs), which have drawn in over $3 billion in net inflows, driven by the strongest demand seen in six months. Weekly inflows have been robust, with more than $1 billion streaming into the 12 Bitcoin ETFs over the past week alone. BlackRock’s IBIT, the leading ETF by net asset... U.S. Bitcoin ETF Inflows Surpass $3B in October, Demand Hits Six-Month High Coinatory

US Spot Bitcoin ETFs Experience $556M Inflows, Marking Largest Day Since June

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US Spot Bitcoin ETFs Experience $556M Inflows, Marking Largest Day Since June United States spot Bitcoin exchange-traded funds (ETFs) experienced their highest one-day inflow in over four months, with net inflows totaling $555.9 million on October 14, according to data from Farside Investors. This marked the largest daily inflow since early June, coinciding with Bitcoin’s surge to a two-week high of $66,500 in late trading. Nate Geraci, President of the ETF Store, described the inflow as a “monster day” for spot Bitcoi... cryptocurrency news today

Bitcoin ETF Outflows Exceed $300M as Analysts Warn of Critical Price Levels

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Bitcoin ETF Outflows Exceed $300M as Analysts Warn of Critical Price Levels Spot Bitcoin exchange-traded funds (ETFs) in the U.S. witnessed outflows surpassing $300 million this week, as global macroeconomic events fueled investor caution regarding Bitcoin’s short-term trajectory. Between October 1 and 3, approximately $388.4 million exited 12-spot Bitcoin ETFs, following a September surge of over $1.1 billion in inflows. This wave of outflows coincided with escalating geopolitical tensions, particularly the Iran-Isr... Coinatory news

Taiwan Regulator Approves Foreign Crypto ETFs for Professionals

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Taiwan Regulator Approves Foreign Crypto ETFs for Professionals Taiwan’s Financial Supervisory Commission (FSC) has officially authorized professional investors to access foreign crypto exchange-traded funds (ETFs) through local brokers, a move aimed at diversifying investment portfolios while addressing the risks associated with virtual assets. Under the new policy, professional investors, including institutional players, high-net-worth entities, and qualified individuals, are now permitted to invest in ... Coinatory news