'New nine' Spot Bitcoin ETF volumes reach new daily high as BTC nears $55K – Cointelegraph
Trading volume for the “New 9” spot Bitcoin exchange-traded fund (ETF) set a new daily record as Bitcoin (BTC) soared to $54,938 on Monday. Trading volume for the nine companies exceeded $2.4 billion on February 26, surpassing the previous record of $2.2 billion set on January 11, the first day of trading. according to According […]
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein – CoinDesk
ether (Ethereum)the world’s second-largest cryptocurrency has surpassed its larger rival Bitcoin (Bitcoin), up 33% year-to-date. This rally is Possibility of approval In a research note on Monday, broker Bernstein said of spot exchange-traded fund (ETF) investment amounts. First, Ether supply is deflationary and has not increased since the advent of the Ethereum blockchain. shift The […]
XRP ETF and Ripple IPO Prediction Ignites $5 XRP Price Target Anticipation – The Crypto Basic
Members of the XRP community are currently predicting whether the coin could soar to $5 in the event of an XRP ETF and possibly a Ripple Labs IPO. Speculation regarding the price of XRP It has been discussed in the community for many years. Despite consistently trading below $1 since November 2021, XRP proponents argue […]
Expert Predicts When BlackRock Could Potentially Launch XRP ETF – The Crypto Basic
Industry commentators have speculated that the BlackRock ETF’s application for XRP will take place after the resolution of the SEC vs. Ripple lawsuit. Renowned crypto industry commentator Ashley Prosper has predicted when BlackRock will file for an XRP spot-based exchange traded fund (ETF). In a recent post, Prosper claimed that it is a well-known fact […]
Coinbase Backs Grayscale's Ethereum ETF: 'Virtually Identical' to Bitcoin ETFs – Decrypt
Cryptocurrency exchange Coinbase supports Grayscale’s application to convert its current Ethereum Trust product to offer a spot Ethereum exchange-traded fund (ETF) and has received approval from the U.S. Securities and Exchange Commission (SEC). I asked for it. As the only cryptocurrency exchange traded on a U.S. stock exchange, Coinbase is a prominent voice in the […]
Crypto no longer outsider at famed Miami Beach ETF conference
Bitcoin Foundation Chairman Brock Pierce discusses Bitcoin’s performance in the wake of ETF declines and former President Trump’s concerns about digital currencies. Cryptocurrency is largely overlooked in the traditional financial world. Not so much these days, but as a reporter for Cryptocurrency Beat, one of the best examples of the mainstreaming of the digital asset […]
VanEck admits ETF marketing violation, agrees to SEC fine – Cointelegraph
VanEck will pay a $1.75 million fine to resolve charges from the U.S. Securities and Exchange Commission (SEC) related to the 2021 launch of a social media-focused exchange-traded fund (ETF). The SEC imposed a civil penalty on the investment adviser. The SEC disclosed this in a document on February 16th. statement When launching the VanEck […]
XRP Can Hit $23 at $1.29T Market Cap if It Records $500M Daily ETF Inflows for a Year – The Crypto Basic
XRP could achieve its target price of $23.64 with a market cap of $1.29 trillion if it consistently records $500 million in daily ETF inflows for a year. The XRP community Spot-based XRP ETF In the US market. These voices have grown louder as controversy continues over the spot Bitcoin ETF product launched last month. […]
Just In: VanEck Updates S1-A Filing for Spot Ethereum ETF – CoinGape
Investment asset management firm VanEck has taken a strategic step by filing an S1-A form for its proposed Spot Ethereum ETF. Growth pivot to Spot Ethereum ETF According to Bloomberg ETF Senior Analyst James Seifert, VanEck has updated its S1-A filing for the Spot Ethereum ETF with the U.S. Securities and Exchange Commission (SEC). This […]
Big banks are nudging the SEC for a slice of sweet Bitcoin ETF action – Cointelegraph
Major US banks and financial institutions are asking the Securities and Exchange Commission to readjust the definition of crypto assets. This could allow it to play a larger role in the crypto space, such as acting as a custodian for Spot Bitcoin traded on recently approved exchanges. funds. On February 14, a coalition of industry […]