Grayscale to launch first US XRP trust, paving way for potential ETF
MicroStrategy Executive Chairman Michael Saylor explains the strategic value of holding Bitcoin in “Making Money.” Exclusive: Crypto asset management firm Grayscale is taking the first steps toward launching an XRP exchange-traded fund, FOX Business reports. The company will announce Thursday morning the launch of the U.S.'s first XRP trust, a so-called “closed-end” fund that offers […]
Apollo Moves to Start a Private Credit ETF With State Street – Yahoo Finance
(Bloomberg) — Apollo Global Management has partnered with State Street to launch the first exchange-traded fund that includes private credit investments. Most read articles on Bloomberg State Street registered the SPDR SSGA Apollo IG Public & Private Credit ETF, according to a regulatory filing on Tuesday. A portion of the fund will be allocated to […]
Weekly ETF Recap: Bitcoin Sees Longest Negative Streak, Ethereum Demand Missing – CryptoPotato
The negative trend in spot Bitcoin ETF inflows continued last week, the longest stretch since these products were approved in mid-January. At the same time, its Ethereum counterpart is still seeing very little activity, with an apparent lack of investor demand and interest. Bitcoin ETF negative trend CryptoPotato Over the weekend, the company announced it […]
What's So Special About the Invesco S&P 500 Equal Weight ETF? – The Motley Fool
Although the name says “equal weighting,” investors typically don't realize how big an impact subtle changes can have. Something strange is happening across the market today. A small number of large caps (especially NVIDIA) is driving market returns. Invesco S&P 500 Equal Weight ETF (RSP -1.07%) Market capitalization weighted average SPDR S&P 500 ETF (spy […]
Ether ETF flows turn positive for first time in 2 weeks, bolstered by BlackRock – Cointelegraph
Inflows into Ethereum exchange-traded funds (ETFs) have turned positive for the first time in two weeks. Nine U.S. spot Ether (ETH) ETFs recorded a cumulative net inflow of $5.9 million worth, marking their first strong day since Aug. 14. BlackRock's ETF (ETHA) saw the largest single-day inflows, at $8.4 million, according to Far Side Investors. […]
Solana ETF Drive Hits First Major Roadblock With CBOE – U.Today
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MicroStrategy’s Bitcoin ETF crosses $22M volume on launch: Impact on BTC? – AMBCrypto News
MicroStrategy predicts $22 million in trading volume on launch day as Bitcoin’s historical patterns repeat themselves. Despite worried market sentiment, Bitcoin ETF net inflows turned positive again after a day of outflows. Major player MicroStrategy Bitcoin [BTC] Player saw $22 million in trading volume on the ETF’s first day, likely setting a record for a […]
A steady ETF is breaking out during this volatile market environment, according to the charts – CNBC
After the volatile trading of the past few weeks, few major ETFs are back at 52-week highs and showing multiple bullish patterns. But one of them is the iShares Global Infrastructure ETF (IGF). The first question we should ask ourselves is, “Why is IGF showing such strong relative strength while so many other sectors have […]
Prediction: This Vanguard ETF Will Outperform the "Magnificent Seven" – The Motley Fool
You might be surprised to know what my favorite ETF right now is. The so-called “Magnificent Seven” have driven a disproportionate share of stock market returns in recent years, even after stocks like the ones below fell. NVIDIA They’ve retreated recently. Over the past year, the Magnificent Seven have risen a combined 43%. S&P 500 […]
Ether ETF weekly flow hits positive for the first time since launch – Cointelegraph
The U.S. spot Ethereum exchange-traded fund saw its first week of positive net inflows since its inception on July 23. Nine newly launched U.S. spot Ethereum ETFs collectively saw net inflows of $104.8 million in the week starting Aug. 5, according to ETF tracker SoSoValue. The company added that as of Aug. 9, total trading […]