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BlackRock’s ETFs Overtake Grayscale in On-Chain Holdings
August 17, 2024In a groundbreaking development, BlackRock’s Exchange Traded Funds (ETFs) have surpassed Grayscale’s ETFs in on-chain holdings, signaling a significant shift in the crypto asset management industry. The specific ETFs, IBIT…
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Jersey City Pension Fund Embraces Digital Asset Innovation by Investing in Bitcoin ETFs
July 25, 2024Jersey City’s pension fund is set to invest in Bitcoin ETFs, following Wisconsin’s lead. Mayor Fulop believes blockchain technology will impact financial strategies. SBI Holdings and Franklin Templeton collaborate on…
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Ethereum ETFs Drive Institutional Crypto Adoption to New Heights
The emergence of a new asset presents a rare and lucrative opportunity for investors, especially in the booming crypto sector. With the recent approval of Ethereum ETFs by the SEC,…
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Cumulative Inflows of $73M Seen in Bitcoin Spot ETFs
June 29, 2024The spot Bitcoin ETF market has shown significant activity recently, with SpotOnChain reporting a notable increase in inflows on June 28. According to the platform, BTC Spot ETFs received a…
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Solana Price Prediction: Will SOL Surge 10x as Standard Chartered Seeks SEC Approval for Additional Crypto ETFs?
May 27, 2024The SOL/USD pair is showing a bullish trend, nearing $170 and reaching a high of $170.26, indicating a positive Solana price prediction. The interest shown by Standard Chartered in obtaining…
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Hong Kong’s Bitcoin and Ethereum ETFs Experience Disappointing Launch Day as BTC Falls Below $61K
April 30, 2024Hong Kong recently introduced six new spot Bitcoin and Ethereum exchange-traded funds (ETFs), which saw trading volumes totaling HK$87.5 million ($11.2 million). This figure falls short of the impressive $4.6…
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Hong Kong Launches Bitcoin and Ethereum ETFs: Can They Outperform US ETFs?
Hong Kong has recently demonstrated its commitment to the crypto industry by introducing a range of spot Bitcoin and Ethereum ETFs on the Hong Kong Stock Exchange (HKEX) today. This…
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The Significance of Zero Flows in Spot Bitcoin ETFs
April 17, 2024Preliminary data from Farside Investors in the crypto industry revealed that four new spot Bitcoin ETFs experienced another day of zero flows on April 16. These ETFs included Bitwise (BITB),…
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First Bitcoin ETFs Set to Launch in Hong Kong on April 15
April 10, 2024Hong Kong’s Securities and Futures Commission (SFC) is slated to greenlight the first batch of Spot Bitcoin ETFs on April 15, with availability expected approximately two weeks post-approval, according to…
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$100 Billion Surge in Bitcoin ETFs and Investments in Cryptocurrency Noted
March 15, 2024The digital asset industry is buzzing with excitement following an announcement by CoinShares’ Head of Research, James Butterfill, revealing that total digital asset Exchange-Traded Products (ETPs) have surpassed the monumental…