Laser-Eyed Franklin Templeton Sets Sights on Ethereum, Solana After Bitcoin – Decrypt
Global investment firm Franklin Templeton opined on the benefits of layer-1 blockchains Solana and Ethereum in a series of tweets on Wednesday, leading to speculation about the investment giant's next move. Franklin Templeton, one of the world's largest asset management firms, manages more than $1.4 trillion in assets. “As blockchain fees and performance improve, we […]
Bitcoin and ETF traders are overstating the impact of GBTC selling – Cointelegraph
The Spot Bitcoin (BTC) exchange-traded fund (ETF) product debuted on January 12th. The first trading session was somewhat confusing as investors had no idea what the actual inflow amounts were and market makers themselves faced various problems with the liquidation schedule for each financial instrument. Still, the Bitcoin spot-based ETF's $4.66 billion in volume was […]
ProShares files for 5 Bitcoin ETFs with indirect exposure – Cointelegraph
ProShares, a leading issuer of exchange-traded funds (ETFs) in the United States, announced the launch of multiple Bitcoin (BTC) ETFs with indirect BTC exposure, as spot trading of Bitcoin ETFs begins on local stock exchanges. I'm working on raising it. According to a Jan. 16 filing with the U.S. Securities and Exchange Commission (SEC), ProShares […]
Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF – Cointelegraph
Grayscale's Spot Bitcoin (BTC) Exchange Traded Fund (ETF)'s discount rate narrowed to its lowest level in nearly three years, causing investors to rush out of the fund over the past three days. The transaction took an estimated $1.1 billion out of the fund. There was an estimated outflow of $594 million on the third day […]
Bitcoin ETF Fever Fades. Coinbase Has a Bigger Challenge This Week. – Barron's
The debut of the first Spot Bitcoin exchange-traded fund was a “selling news” moment not only for the digital asset but also for Coinbase Global Stocks. But despite last week's hype, Coinbase's real challenges are still on the way. The first test of that will come Wednesday, when a federal judge is scheduled to hear […]
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple – CoinDesk
The Wall Street machine needs to be fed, and pushing more crypto ETFs is an obvious choice, especially given the focus on Bitcoin. (Bitcoin) The products have been collected. This essentially means thousands of salespeople meet to showcase a new product, explain its features, and see if people want to buy it. But sell the […]