Robinhood's stock closed down 13.2% after the company reported weaker first-quarter earnings the previous day.
It will be worth watching whether the ZCSH ETF can sustain over $2 million in daily volume into the new month.
Roundhill’s SEC filing set a May 5 effective date for its prediction market ETFs, which analysts say could pave the way for a launch next week.
Analysts weighed bitcoin's bullish momentum against growing policy and geopolitical caution after ETF flows reversed amid a key macro week.
"Tokenization is that it will become part of the ETF ecosystem, but we’re a couple of years away from some good use cases,” said the bank.
Morgan Stanley launched a government money market fund for stablecoin issuers to hold reserves in line with GENIUS Act requirements.
Spot bitcoin ETFs logged $223.2 million in net inflows on Thursday, led by $167.5 million into BlackRock's IBIT.
“Flows have turned positive for the year,” Global Head of ETFs at BNY Asset Servicing Ben Slavin told The Block.
Core3 marks GSR's first crypto ETF offering amid a period of expansion for the major market maker and the wider crypto fund sector.
Matt Hougan explains how ETFs, tokenization, and institutional capital are reshaping crypto and driving the next phase of growth.
Morgan Stanley's MSBT logged a weekly net inflow of $71 million in the first full trading week since its debut.
U.S. spot bitcoin ETFs added $186 million in their second straight day of positive flows, as Morgan Stanley's MSBT topped WisdomTree's fund.
"Avalanche is emerging as one of the leading platforms for businesses, governments, and real-world use cases," says Bitwise.
The issuer plans to buy 20,000 shares from the trust at $25 per share as an initial seed creation basket to buy HYPE prior to the listing.
The fund would provide exposure to ETPs that hold bitcoin, options on spot Bitcoin ETPs and options on “Bitcoin ETP Indices."
High-level negotiations between the US and Iran failed to reach a meaningful resolution earlier on Sunday.
The filing comes a day after Bitwise Europe listed a physically-backed Hyperliquid staking ETP on Deutsche Börse Xetra.
CME has lost its position as the largest Bitcoin futures exchange to Binance for the first time since November 2023.
Institutions appear to be taking profits from the bitcoin rally rather than joining the momentum, one analyst said.
Morgan Stanley Bitcoin Trust's first-day volume exceeded the $30 million estimate from Bloomberg Senior Analyst Eric Balchunas.
Last year, Canary also filed an application to list a fund tracking the price of MOG, a then lesser-known memecoin.
NGHT gives investors exposure to overnight bitcoin price swings, switching to less volatile Treasuries during U.S. trading hours.
The bank boasts "the largest network of financial advisors [with] 16,000 advisors managing $6.2 trillion" according to an analyst.
Global crypto funds saw $224 million worth of net inflows last week, led by XRP products with $119.6 million, per CoinShares.
The return in inflows reflects renewed confidence among institutional participants in the crypto market, analysts said.
Following the close of the deal, its new crypto arm will be called Franklin Crypto, with strategies focused on institutional investors.
Analysts said long-term conviction in bitcoin is still intact, noting that the decline is more cyclical than fundamental.
The T-Strive Digital Credit ETF would invest in bitcoin treasury firms' yield-bearing preferred stock equities, including Strategy's Stretch.
U.S. spot bitcoin ETFs saw $296 million in outflows last week as global crypto funds posted $414 million in net withdrawals.
Bloomberg ETF analyst James Seyffart called the pricing a "big move" and predicted that the fund may launch in early April.