Sentiment toward the asset class remains mixed but is showing "signs of recovery," Head of Research James Butterfill said.
U.S. spot bitcoin ETFs recorded $381.4 million in net inflows on Monday, marking their largest daily inflow since Jan. 30.
The ETH ETF performance stands in stark contrast to Bitcoin ETFs, which have managed to maintain a stronger grip on AUM despite market volatility.
Arizona is also leading the crypto reserve legislation race and Galaxy Research proposed a new voting system for Solana emissions.
Ripple will be seeding the initial investment as its anchor investor, according to a release shared exclusively with The Block.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. spot bitcoin ETFs saw $169.9 million in net outflows on Wednesday — breaking a two-day run of inflows.
The investment manager is aiming for a May 14 launch of its crypto-related ETF made up of 30 to 60 investments tied to digital assets.
U.S. spot bitcoin ETFs saw $76.4 million in inflows Tuesday and $1.5 million Monday, following a seven-day outflow of $878 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
May 22 is the next important date to watch as the SEC must respond to Grayscale's spot XRP ETF filing by then.
Bloomberg Senior ETF Analyst Eric Balchunas shared that four asset managers are set to launch spot Solana ETFs in Canada on Wednesday.
The regulator aims to make a decision regarding rule changes to allow these funds in the coming weeks, according to documents on Monday.
Trump's tariff activity continues to weigh on sentiment toward the asset class, Head of Research James Butterfill said.
Conservative McDonald's shareholders also pushed for a bitcoin treasury and the meme token Fartcoin rose 30% in the past day.
US spot bitcoin ETFs saw $150 million exit the products on Thursday, as investors pulled back from risk assets amid ongoing tariff tensions.
Spot bitcoin ETFs saw $127 million in net outflows and the Bitcoin life insurance firm Meanwhile raised $40 million in Series A financing.
Trump's pause on most tariffs sent U.S. stocks rallying, with the Nasdaq recording its best day since January 2001.
With Paul Atkins nomination for SEC Chair moving forward 21Shares has filed an S-1 for a Dogecoin exchange-traded fund.
The SEC has approved options trading on spot Ethereum exchange-traded funds for BlackRock, Grayscale and Bitwise.
Spot bitcoin ETFs in the U.S. reported $326.27 million in net outflows on Tuesday, extending their negative flow streak to four days.
The global asset manager is issuer of the world's largest spot bitcoin ETF which has about $44 billion in assets under management.
Teucrium Investment Advisors' XXRP is a 2x leveraged fund on XRP's daily price performance, set to go live Tuesday on NYSE Arca.
Global crypto funds saw $240 million in net exits following last week's U.S. tariff shakedown — but crypto equities captured capital for the second consecutive week.
The fund aims to benefit from the inherent losses resulting from holding leveraged funds longer than one day, known as volatility decay.
Spot bitcoin ETFs in the U.S. saw $99.86 million leave the products on Thursday, reversing the previous day's inflows of $220.76 million.
Fidelity Investments has launched an individual retirement account (IRA) that lets individuals to invest in cryptocurrencies under its web3-focused subsidiary Fidelity Digital Assets.
VanEck is a global investment management firm focused on specialized and often underrepresented asset classes.
Outside of the U.S., 21Shares manages the 21Shares Binance BNB ETP, listed on several exchanges across Europe.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.