BlackRock’s spot Ethereum ETF, listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol $ETHA, follows the SEC’s approval of eight spot Ethereum ETFs. These ETFs, including those from VanEck, Fidelity, Franklin, Grayscale, Bitwise, ARK Invest & 21Shares, Invesco & Galaxy, and BlackRock’s iShares Ethereum Trust, are proposed for listing on Nasdaq, … Read more
In a significant ruling this year, the United States Securities and Exchange Commission (SEC) has approved the introduction of spot Ether exchange-traded funds (ETFs) in the country. On May 23, the SEC sanctioned the 19b-4 filings from companies such as VanEck, BlackRock, Fidelity, Grayscale, Franklin Templeton, ARK 21Shares, Invesco Galaxy, and Bitwise, thereby permitting the … Read more
Calling all crypto enthusiasts! The wait for Ethereum ETFs just got a little shorter, but the party hasn’t quite started yet. In a move that sent ripples through the cryptocurrency world, the US Securities and Exchange Commission (SEC) finally approved applications for spot Ethereum ETFs on May 24, 2024. What’s a Spot Ethereum ETF? Think of a gold ETF. It … Read more
Upbit, the biggest cryptocurrency exchange in South Korea, unveiled the introduction of OAS, a token linked to its Oasys platform, aimed at bolstering both USDT and BTC markets. Upbit to Introduce OAS for BTC and USDT Pairs Oasys is a framework for smart contracts created especially for Web3 games. In the 24 hours that followed … Read more
On May 21, 2024, Ethereum exchange-traded funds (ETFs) in Hong Kong witnessed a surge in daily inflows, marking their highest since their launch on April 30. ChinaAMC’s ETF alone attracted over HK$3.77 million in investments, with other ETFs also experiencing significant inflows. Notably, the Hong Kong government recently greenlit Bitcoin and Ethereum spot ETFs, providing … Read more
On May 22, 2024, Brian Kelly, a prominent figure in the crypto investment realm and a trader on CNBC’s ‘Fast Money’, suggested that Solana (SOL) could potentially become the next cryptocurrency featured in a spot exchange-traded fund (ETF) in the United States. Kelly’s assertion sparked a spirited debate among experts and observers in the industry. … Read more
The possibility of an Dogecoin (DOGE) exchange-traded fund (ETF) is being revisited, influenced in part by the optimistic outlook regarding the potential approval of Spot Ethereum ETFs. Crypto analysts speculate that the approval of such ETFs could serve as a precedent for the introduction of additional cryptocurrency funds. The Dogecoin ETF’s Odds Are “Brighter Than … Read more
In a recent article on X, market intelligence platform IntoTheBlock has highlighted the increased activity of Ethereum (ETH) whales. The focus of attention is on the metric known as “Number of Large Transactions,” which tracks Ethereum transactions valued at over $100,000 on the network. Typically, only whale entities execute such sizable transactions, making these transfers … Read more
The cryptocurrency community is eagerly awaiting news regarding the potential endorsement of a spot Ethereum ETF by the US Securities and Exchange Commission (SEC). According to Daniel Yan, one of the co-founders of Matrixport, there’s speculation that Solana (SOL) might follow suit as the next candidate for such approval. Possible Next ETF Approval: Solana There … Read more
BlackRock’s Bitcoin ETF experienced a significant increase in investment on Tuesday, receiving $290 million in inflows, which accounted for 95% of the total inflow into US spot Bitcoin ETFs. In total, these ETFs attracted over $300 million in net inflow. This surge marks a reversal from a six-week period of minimal inflows for BlackRock’s ETF, … Read more