April 3 marked another tough day for crypto ETFs, with Ethereum ETFs losing $3.59 million in net outflows for the third straight day. Bitcoin ETFs took an even bigger hit, with $99.86 million in outflows, signaling investor caution. However, BlackRock’s IBIT stood firm as the only fund to see net inflows, proving its resilience in …
Coinbase Institutional has announced that Coinbase Derivatives has officially filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures. This move aims to offer a regulated, capital-efficient way for investors to gain exposure to XRP, one of the most liquid digital assets in the market. The XRP futures contracts are expected to go …
VanEck, an US-based investment management firm, has filed an application to launch a Binance Coin ETF in the US State of Delaware. If approved, it would become the first BNB ETF in the US market. In the last 30 days, the BNB market has registered a growth of 1.1%. Here is everything you should know …
VanEck has registered a Binance Coin (BNB) exchange-traded fund (ETF) in Delaware, marking its fifth crypto asset ETF filing in the state. This is the first attempt to launch a BNB ETF in the U.S. market. With this move, BNB joins Bitcoin, Ether, Solana, and Avalanche as cryptocurrencies with standalone ETF registrations by VanEck. As …
Grayscale has officially filed an S-3 form with the U.S. SEC to register its Digital Large Cap Fund as an exchange-traded fund (ETF). This fund holds major cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano. If approved, the ETF could open the door for greater institutional investment in crypto, making regulated exposure easier for big …
Grayscale has officially filed for an Avalanche ETF with Nasdaq, marking a significant step for the firm as it expands its offerings in the cryptocurrency space. The move aims to provide investors with a more accessible way to gain exposure to Avalanche (AVAX) through a regulated financial product. If approved, this ETF could further solidify …
A Hong Kong ETF issuer claims China is actively exploring a shift in its Bitcoin and crypto policy. While the country has maintained a strict stance on digital assets for years, growing global adoption and economic shifts may be prompting a reassessment. If China moves toward regulatory changes, it could have a major impact on …
Ethereum spot ETFs struggled between March 17-21, recording a $103 million net outflow, with BlackRock’s ETHA leading the losses at $74 million. Meanwhile, Bitcoin spot ETFs saw strong demand, raking in $744 million in net inflows for the week. BlackRock’s IBIT dominated with $538 million in inflows, reinforcing Bitcoin’s growing institutional appeal.
Bitcoin, the king of crypto, just couldn’t break past the $84,000 barrier early Tuesday, leaving traders on edge. Altcoins like Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) followed suit, sinking into the red. With the Market Fear & Greed Index stuck at 25 (Fear), it’s clear that uncertainty is ruling the game right …
The XRP community is watching closely as the U.S. SEC continues to stall decisions on XRP ETFs, fueling speculation that BlackRock could step in. While the asset management giant hasn’t made any moves yet, analysts believe the ongoing delays could work in its favor. With its track record of securing ETF approvals, a BlackRock-backed XRP …
NYSE Arca has officially filed to list the Bitwise Dogecoin ETF, marking a significant step toward a regulated investment product for the memecoin. The exchange submitted a 19b-4 filing on March 3, setting the stage for potential SEC approval. If greenlit, this ETF would offer institutional and retail investors direct exposure to Dogecoin without requiring …
The Nasdaq Stock Market LLC’s move to file a 19b-4 form with the United States Securities and Exchange Commission to list and trade Grayscale’s spot Hedera ETF has created immense excitement in the cryptocurrency market, especially the Hedera market. In the last seven days, the Hedera price has experienced a surge of 17.5%. In the …
Just days after renowned crypto market analysts Eric Balchunas and James Seyffart stated that XRP has less chance than LTC, DOGE and SOL of receiving approval from the US Securities and Exchange Commission to start a spot ETF in 2025, the probability value of a polymarket bet (titled “Ripple ETF approved in 2025”), with a …
The buzz around an XRP ETF is gaining momentum as FOX Business journalist Eleanor Terrett suggests that the U.S. SEC might acknowledge Grayscale’s 19b-4 filing for an XRP ETF as early as February 13, 2025. This comes after NYSE Arca applied on January 30, aiming to list and trade shares of Grayscale’s converted XRP Trust, …
Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view. According to the …
As Bitcoin (BTC) price retested a crucial resistance level above $98k, Cardano (ADA) price followed in tandem, akin to most of the altcoins. The large-cap altcoin, with a fully diluted valuation of about $35.7 billion and a 24-hour average trading volume of about $1.1 billion, pumped over 15 percent in the last 24 hours to …
Experts speculate on the potential launch of memecoin ETFs, with issuers already filing for funds tied to tokens like Trump’s memecoins.
2024: Bitcoin and ether spot ETFs launch, becoming history's fastest-growing. 2025: The lines between spot crypto ETFs and direct ownership will blur.
A subsidiary of the New York Stock Exchange made its move on Thursday to convert Grayscale's XRP Trust to a spot exchange-traded fund.
Tuttle Capital Management (TCM) has filed for ten different leveraged crypto ETFs in the United States, signaling an increasing interest from asset managers in leveraging cryptocurrencies and memecoins as viable investment vehicles. Tuttle Capital’s Crypto ETFs To Feature 2x Long Exposure Based in Riverside, Connecticut, Tuttle Capital was founded in 2012 and specializes in providing investment management and advisory services. The firm’s recent filing encompasses a range of well-known cryptocurrencies, including XRP, Solana (SOL), Litecoin (LTC), and Cardano (ADA), as well as more niche tokens like TRUMP, MELANIA, BONK, Chainlink (LINK), and Polkadot (DOT. Related Reading: Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead? The proposed ETFs are designed to provide a 2x long exposure to these digital assets, catering to investors looking to capitalize on the volatility and potential upside of the cryptocurrency market. Bloomberg ETF experts James Seyffart and Eric Balchunas have noted the significance of this filing. Seyffart highlighted that this marks the first US crypto ETFs filings for assets like Chainlink, Cardano, Polkadot, and even the memecoin MELANIA. A Key Test For SEC Regulations? The expert further emphasized that this is a pivotal moment for issuers as they test the boundaries of what the US Securities and Exchange Commission (SEC) will permit. The recent establishment of the new crypto task force, led by pro-crypto Commissioner Hester Peirce, is anticipated to play a crucial role in determining the regulatory landscape for such products. Related Reading: Ethereum Poised To Test $2,800 Support Level If Market Downtrend Persists – Analyst Balchunas added that the crypto ETFs fall under the Investment Company Act of 1940, suggesting that unless the SEC disapproves the applications, these ETFs could potentially be available for trading as early as April. The expert remarked on the significance of the ongoing Dogecoin and TRUMP crypto ETF as well, noting that their lack of withdrawal after a week indicates a shifting attitude among regulators. Despite the new crypto ETFs filings, Cardano’s price dropped nearly 5%, losing the key $1 milestone. ADA is now trading at $0.92. Featured image from DALL-E, chart from TradingView.com
According to the filing, the fund will invest 80% or more of its assets in digital transformation companies and digital asset instruments.
Amid yesterday’s crypto market slump, the US Securities and Exchange Commission (SEC) approved the first-ever dual Bitcoin (BTC) and Ethereum (ETH) index exchange-traded funds (ETFs) from Franklin Templeton and Hashdex. The ETFs are scheduled for launch in January 2025. SEC Approves First Dual Bitcoin-Ethereum Index ETFs For the first time, the US financial regulator has […]
As President-elect Donald Trump prepares to assume office for his second term, significant changes in the regulatory landscape for cryptocurrencies are on the horizon. A wave of crypto ETFs is expected to gain approval in the coming year, signaling a potentially transformative shift for digital assets in the United States. Emerging Entrants In Crypto ETFs […]
The exchange-traded fund is designed to earn income from writing options against cryptocurrency stocks.
Bitcoin (BTC) remains resilient, trading close to the $100,000 mark despite a recent correction that led to over $500 million in liquidations, predominantly from long positions. A recent report by Glassnode analyzes the cohorts driving the sell-side pressure during this ongoing bull run. Majority Of Sell-Side Pressure Coming From New Market Entrants According to Glassnode’s report titled “The Week Onchain,” while some long-term Bitcoin holders realize substantial profits – amounting to over $2 billion in a single day – not all are willing to part with their holdings. Related Reading: Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What’s Next The report highlights that the Long-Term Holder (LTH) cohort is capitalizing on the inflow of liquidity and strong demand to sell BTC near all-time high (ATH) price levels. Glassnode notes: Since the peak in LTH supply set in September, this cohort has now distributed a non-trivial 507k BTC. This is a sizeable volume; however, it is smaller in scale relative to the 934k BTC spent during the rally into the March 2024 ATH. The report breaks the LTH cohort into sub-cohorts based on realized profit metrics to understand the sell-side dynamics better. It reveals that holders who acquired BTC 6 months to 1 year ago contribute the most to sell-side pressure, realizing $12.6 billion in profits, accounting for 35.3% of all realized gains. Other sub-cohorts have realized comparatively smaller profits, including $7.2 billion by those holding BTC for 1 to 2 years, $4.8 billion by those with 2 to 3 years of holdings, $6.3 billion by 3 to 5-year holders, and $4.8 billion by investors holding for more than 5 years. The report adds: The dominance of coins aged 6m-1y highlights that the majority of spending has originated from coins acquired relatively recently, highlighting that more tenured investors are remaining measured and potentially waiting patiently for higher prices. This pattern suggests that heightened profit-taking among holders in the 6-month to 1-year range indicates the cohort is dominated by newer investors, many of whom likely entered the market following the launch of Bitcoin exchange-traded funds (ETF). Their strategy appears to involve short-term gains, riding the wave of the current market surge. Bitcoin Adoption Continues To Grow Around The Globe While the recent price pullback may have cautioned some investors, others opine that it was a healthy correction that gives the leading cryptocurrency some time for consolidation before the next leg up. Related Reading: Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale Bitcoin’s unprecedented price has created a shared urgency among corporations and nations worldwide. Following MicroStrategy’s tactics, Canadian company Rumble recently announced it would use a portion of excess cash reserves to buy BTC. Most recently, CEO of Marathon Digital Holdings, Fred Thiel, said institutional interest in BTC has increased significantly since Donald Trump’s victory in the 2024 elections. BTC trades at $95,462 at press time, up 2% in the past 24 hours. Featured image from Unsplash, charts from Glassnode and Tradingview.com
Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.
The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management.
With President-elect Donald Trump set to begin his second term in the White House on January 20, Bloomberg reports that Wall Street is preparing to launch a new wave of financial products that invest in the crypto market. ‘Wild West’ Era For Crypto ETFs In the lead-up to Trump’s second term, executives and legal experts […]
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.
The United States has only approved ETFs for Bitcoin and Ether, versus some 30 digital asset types in Europe, according to the Financial Times.