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BlackRock sees unprecedented $465M in daily outflows from spot Ether ETF

BlackRock sees unprecedented $465M in daily outflows from spot Ether ETF

Data from Farside Investors indicates that the US Spot Ether Exchange Traded Fund (ETF) experienced nearly $5 billion in daily net outflows on Monday, marking the highest one-day drop since its inception. According to Farside Investors, the spot ether (ETH) ETF recorded $465 million in net outflows on the second day following a noteworthy drop […]

CFTC aims to permit spot cryptocurrency trading on registered exchanges

CFTC aims to permit spot cryptocurrency trading on registered exchanges

The US Commodity Futures Trading Commission (CFTC) has rolled out a new initiative that facilitates the trading of “spot cryptocurrency agreements” on CFTC-registered futures exchanges. This move is part of what the CFTC is calling its “Crypto Sprint” initiative, which aims to execute recommendations from a working group on digital asset markets established during President […]

Spot Bitcoin ETFs experience significant outflow, Ether ETFs conclude 20-day run.

Spot Bitcoin ETFs experience significant outflow, Ether ETFs conclude 20-day run.

On Friday, spot Bitcoin Exchange-Traded Funds (ETFs) experienced significant outflows, totaling $822.5 million, which stands as the second-largest daily loss for these financial products. This setback wiped out a week of gains and reduced the overall net inflows to $541.8 billion. The assets under management now rest at $1,464.8 billion, representing about 6.46% of Bitcoin’s […]

Spot Ether ETF staking may significantly change the market.

Spot Ether ETF staking may significantly change the market.

Ether Spot ETF Approval Could Boost Ethereum Investments The recent approval of a US-registered ether spot exchange-traded fund (ETF) is expected to channel significant investment into Ethereum. Some analysts even suggest that it might rival the existing Bitcoin ETF in attracting capital. Markus Thielen, the research director at 10x, mentioned to Cointelegraph that the establishment […]

Popular European travel spot offers another compelling reason to explore.

Popular European travel spot offers another compelling reason to explore.

Underground Passages in Rome Set to Open to Visitors Hidden beneath the Capitoline Hills in Rome, a network of little-known underground passages is about to reveal more about the city’s ancient past. These secret tunnels are expected to welcome visitors in the not-so-distant future. Archaeologist Elsyria Dabrosio shared her astonishment, saying, “I have never seen […]

21Shares submits application to SEC for spot ONDO ETF

21Shares submits application to SEC for spot ONDO ETF

21Shares, an issuer of exchange-traded funds, has put forth a proposal to US regulators for a fund that aims to track the spot prices of ONDO, the native token for Ondo Finance, a decentralized finance protocol. On Tuesday, 21Shares submitted a preliminary prospectus to the Securities and Exchange Commission (SEC) for the 21 Share-On Trust. […]

Spot Bitcoin ETFs end 12-day inflow streak due to profit taking

Spot Bitcoin ETFs end 12-day inflow streak due to profit taking

Recent Trends in Bitcoin and Ether ETFs On Monday, Spot Bitcoin Exchange-Traded Funds (ETFs) experienced a significant outflow, totaling $131.35 million. This marked the conclusion of a noteworthy 12-day period that had drawn in $6.6 billion in inflows. The largest withdrawal was seen in ARKB from ARK Invest, which reported a decrease of $77.46 million […]