Almost $650 million has entered Ether ETFs over the past five trading days as the asset surged more than 30%.
Spot Ethereum (ETH) exchange-traded funds (ETF) amassed $295.5 million in inflows on Nov. 11, their highest daily positive net flow since launch — bringing them $29 million away from positive net flows. According to Farside Investors data, Fidelity’s FETH led the inflows, registering $115.5 million, while BlackRock’s ETHA recorded the second highest inflows at $101.1 […]
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The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products.
Nashville-based asset manager Canary Capital filed an S-1 form for an exchange-traded fund (ETF) tied to HBAR, the native asset of the Hedera blockchain. The move comes weeks after Canary’s filed for an HBAR trust and adds to its growing repertoire of applications for spot ETFs connected to Litecoin, XRP, and Solana. Following the news, […]
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As of Nov. 11, US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) held $84 billion, equating to roughly 66% of gold ETFs’ total assets under management (AUM). According to senior Bloomberg ETF analyst Eric Balchunas, spot Bitcoin ETFs’ current growth trajectory is on track to fully overtake the AUM of gold ETFs in the next two months. […]
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As bitcoin hits new highs, it's helpful to examine the data to understand where the demand is coming from.
The launch of the spot Bitcoin ETFs (exchange-traded funds) in January 2024 marked a perfect start to the year for the cryptocurrency industry. These crypto investment products were expected to walk the extra mile for the premier cryptocurrency, drawing in more investors into the digital assets space. BlackRock’s exchange-traded fund IBIT has been the leader […]
The US Securities and Exchange Commission (SEC) has delayed its decision on approving options trading on Ethereum (ETH) exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE), according to a Nov. 8 filing. The regulator cited a need for additional time to review the proposal and assess market implications. The decision is related to […]
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The iShares Bitcoin Trust ETF (IBIT) surpassed $23.3 billion in net asset value (NAV) in the third quarter, registering a 20% quarterly growth, according to a Nov. 7 to a 10-Q Form filing with the US Securities and Exchange Commission (SEC). BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) holds 367,805 BTC, worth roughly $21.5 billion, with […]
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Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out that staking could help the funds reduce management fees, increase the overall amount of Ethereum staked, and provide more substantial incentives for investors. Wan noted […]
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BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
Bitcoin (BTC) soared to a new all-time high on Nov. 6 and is poised for further upside, spurred by significant institutional and retail capital inflows and rising market volatility, according to Glassnode’s latest “Week On-chain” report. The landmark surge comes amid monthly net capital inflows totaling $2.5 billion, lifting Bitcoin’s market Realized Cap — a […]
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BlackRock’s spot Bitcoin (BTC) ETF recorded an impressive $1 billion in trading volume within just 20 minutes of market opening on Nov. 6, spurred by President-elect Donald Trump’s victory in the US elections. The surge reflects heightened investor confidence in a pro-crypto administration under Trump, who defeated incumbent Vice President Kamala Harris. The swift volume […]
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Crypto.com aims to expand its crypto offerings to include stablecoin and an exchange-traded fund (ETF) product in 2025. The Singapore-based exchange also revealed a plan to give customers access to traditional financial products like banking and stock trading. This move comes as Crypto.com has positioned itself as one of the top trading platforms of 2024, […]
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An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL’s prices.
VanEck said the Solana (SOL) network’s high user engagement and transaction volume largely reflect its low-cost, high-throughput design despite substantial revenues stemming from speculative memecoin activity. The firm’s latest analysis comes in response to speculation that Solana’s numbers are inflated by wash trading in memecoins. Many critics argue that this makes SOL’s growth less notable […]
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The State of Michigan Retirement System disclosed over $11 million in exposure to spot Ethereum (ETH) exchange-traded funds (ETF) in its latest 13-F filing. As a result, Michigan became the first state to invest in Ethereum and currently holds a larger position in Ethereum ETFs, compared to the $7 million invested in spot Bitcoin ETFs […]
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Digital asset investment products saw inflows of $2.2 billion last week, bringing total inflows this year to a record-breaking $29.2 billion, according to CoinShares‘ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sector’s total assets under management (AuM) above $100 billion for only the second time. These levels […]
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Asset management company 21Shares has joined the list of firms that have filed applications with the US Securities and Exchange Commission (SEC) for a spot XRP exchange-traded fund (ETF). On Nov. 1, 21Shares submitted an S-1 form to register its Core XRP Trust shares for listing on the Cboe BZX Exchange. Coinbase, the largest crypto exchange […]
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The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise.
If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above.
As institutional interest in Bitcoin soars, the crypto community grapples with fundamental questions about custody and control.
NYSE Arca has filed an application with the SEC to list a Grayscale exchange-traded fund (ETF) featuring a diverse array of cryptocurrencies, marking a significant push to expand institutional access to digital assets. The Grayscale Digital Large Cap Fund, a crypto index portfolio created in 2018, includes popular cryptocurrencies like Bitcoin, Ethereum, and Solana alongside […]
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Canary Capital filed for a spot Solana ETF with the Securities and Exchange Commission (SEC) on Oct. 30, seeking to establish a US-based spot Solana (SOL) exchange-traded fund. The fund, titled the Canary Solana ETF, is designed to “provide exposure to the price of Solana (‘SOL’) held by the Trust,” according to the S-1 registration […]
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BlackRock’s iShares Bitcoin Trust ETF (IBIT) has become the fastest-growing ETF in history, exceeding $30 billion in assets under management. According to Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, IBIT reached this milestone in just 293 days, setting a new record. This pace surpasses the JPMorgan Equity Premium Income ETF (JEPI) and major Gold […]
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Explore the mechanics of crypto derivatives, including futures, options and perpetual contracts, as well as the role of leverage, margin requirements and their impact on trading strategies.
Crypto investment products are experiencing one of their best months on record, with inflows hitting $901 million in the last week alone, according to CoinShares’ latest report. This month’s inflows now represent roughly 12% of the sector’s total assets under management, positioning it as the fourth-highest month for inflows on record. Similarly, year-to-date inflows have […]
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Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand.