Ethereum's recent price swings have fueled a rise in downside hedging as fears grow over the potential liquidation of long positions.
While ARKB has yet to disclose flow data, analysts suggest that the rebalancing of institutional positions might have driven the outflows.
Funds which track the share price of Michael Saylor's Strategy have been sliding since last week as risk-off sentiment drags down crypto.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
21Shares was the first issuer to file for a DOT ETF on Jan. 31 as altcoin ETF filings continue to pile in.
The cryptocurrency market's decline over the past day comes amid wider market uncertainty following new U.S. tariff plans.
Monday's figures, led by Fidelity's FBTC, represent the fifth-largest net daily outflows for the spot Bitcoin ETFs to date.
Despite leading the Bitcoin and Ethereum ETF markets, BlackRock has yet to file for a spot Solana exchange-traded fund.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Back in November, the crypto investment firm was the first to file an S-1 registration for the Canary HBAR ETF.
Investors are cautious amid uncertainty around trade tariffs, inflation and monetary policy, Head of Research James Butterfill said.
A Copper analyst suggests that plans to audit Fort Knox's gold reserves could potentially drive investors toward bitcoin.
The launch follows Hashdex's combo ETF going live last week after both funds were approved by the SEC in December.
BlackRock's IBIT dominates spot Bitcoin exchange-traded funds by trading volume with a current 75% market share.
Nasdaq’s 19b-4 filing for Canary Litecoin ETF was published in the Federal Register on Feb. 4, and is currently under SEC review.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Brazil’s Securities and Exchange Commission gave the greenlight to the Hashdex Nasdaq XRP Index Fund, currently in a pre-operational phase.
The SEC has previously acknowledged spot XRP ETF filings from 21Shares, Bitwise Grayscale, and CoinShares.
If staking were approved, the ETFs will be able to generate additional returns on their ETH holdings, which could potentially be passed on to investors.
The U.S. SEC is looking for public comments to decide how to move forward with a proposal for an XRP exchange-traded fund.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The proposal would also shift the listing and trading of the Hashdex Nasdaq Crypto Index US ETF, currently listed under a different rule, to Nasdaq Rule 5712.
Bloomberg ETF analysts estimate that Litecoin funds (90%) have the highest chance of approval, with XRP funds a bit lower at 65%.
The Bitcoin Layer 2 network's capacity currently stands at around $500 million after strong growth in 2024.
The SEC previously acknowledged spot XRP ETF filings from 21Shares and Grayscale, though not from Canary Capital and WisdomTree.
The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana’s leading oracle network.
Bitcoin remains in a low-volatility regime, with risk-averse traders driving down yields, volumes, and futures premiums, K33 Research said.
Gold prices have increased amid calls for a Fort Knox audit, sparking debates over asset oversight and the potential for blockchain tracking.
Bitcoin-based funds are “highly sensitive” to interest rate expectations and bore the brunt of last week’s outflows, James Butterfill said.
California's teachers pension fund added 5,191 MSTR shares during the fourth quarter, while its total value of MSTR increased over 90%.