21Shares president 'less bearish' than Cathie Wood on ether ETF approval – Blockworks
Executives at two issuers that are jointly considering launching a SpotEther ETF have differing views on whether such a fund can win approval in the near future. Ark Investments CEO Cathie Wood said on a podcast this week with Blockworks co-founder Jason Yanowitz that the Ark21Shares Ethereum ETF and other similar products will be approved […]
Bitcoin ETF blowout wows even BlackRock’s Larry Fink
BlackRock Chairman and CEO Larry Fink discusses the economic outlook on “Craman Countdown.” BlackRock CEO Larry Fink, who runs the world’s largest asset manager with $10 trillion under management, is used to things getting bigger. Still, the explosive growth of the company’s Spot Bitcoin exchange-traded fund in particular caught even veteran Wall Street executives off […]
Bitwise Enters Race for Ethereum Spot ETF – Decrypt
Cryptocurrency investment company Bitwise today applied to the Securities and Exchange Commission (SEC) to offer a Spot Ethereum ETF. Bitwise joins an increasingly crowded field of companies vying to bring the first Ethereum Spot ETF to market, following the successful launch of the Bitcoin Spot ETF earlier this year. by S-1 registration form The proposed […]
Grayscale sees Ether ETF approvals despite SEC 'lack of engagement' – Cointelegraph
Grayscale is confident its Spot Ether (ETH) exchange-traded fund will be approved in May, despite recent “chatter” that U.S. securities regulators are “not engaging” with applicants. “I don’t think the lack of regulatory involvement is indicative of any consequences.” […] I personally am not daunted by that and believe that ETFs should be approved. ” […]
Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week – Yahoo Finance
Written by Suzanne McGee and Hannah Lang (Reuters) – Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, according to BitMEX Research data, while the U.S. spot Bitcoin exchange-traded fund (ETF) group posted a There was a net outflow. Since the U.S. Securities and Exchange Commission approved new crypto ETFs in January, there has […]
Why Grayscale's Bitcoin ETF Will Run Dry of BTC in 96 Days – BeInCrypto
Bitcoin exchange-traded funds (ETFs) have had a major impact on the cryptocurrency market since their debut in January. Even marker observers are impressed by the record performance of these instruments. However, one prominent product, Grayscale Bitcoin Trust (GBTC), continues to experience outflows, raising concerns about its future trajectory. Grayscale’s GBTC Bitcoin reserves depleted Blockchain analysis […]
Bitcoin ETF demand could rise as prices drop, crypto analyst suggests – Cointelegraph
The spot Bitcoin ETF market has been sluggish recently due to the fall in Bitcoin prices. Despite this continued decline in net flows, Ki Yong-joo, a prominent analyst and CEO of CryptoQuant, predicts a potential revival of the spot Bitcoin ETF market. in post In X on March 22nd, Ki Yong-joo shared that the net […]
Bitcoin tumbles from record high as Grayscale ETF outflows hit $12bn – Financial Times
Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Bitcoin has fallen 16% from last week’s all-time high, reversing the influx of money into new equity markets that had driven this year’s huge rally. The world’s largest cryptocurrency, which reached $73,800 last Thursday, fell to $60,760 […]
Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled – Yahoo Finance
Written by Suzanne McGee (Reuters) – Bitcoin continued to fall on Tuesday with record outflows from Grayscale’s Bitcoin Trust, accelerating the fund’s asset losses since converting to an exchange-traded fund this year. On Monday, when Bitcoin fell about 4%, the Grayscale ETF hit a record single-day outflow of $642.5 million, according to data from BitMEX […]
Spot Bitcoin ETF net inflows drop by 80% as BTC price dips below $69K – Cointelegraph
The US-based Spot Bitcoin exchange-traded fund (ETF) recorded its lowest net inflows ever on March 14, with net inflows of just $132 million. This is the lowest level in eight trading days and has fallen 80% since March 13th. Thursday’s decline was the second consecutive day of declines. Wednesday’s inflows reached $684 million, down 38.3% […]