After six weeks of negative withdrawals, spot Ethereum exchange-traded funds based in the US have had their strongest weekly inflows since early August. One of these funds has achieved a historic milestone: a net asset value of more than $1 billion. After six weeks of net weekly withdrawals, US-based spot
With inflows of almost $1.1 billion, the United States spot Bitcoin exchange-traded funds had their best week since July 15-19. According to Farside Investors, the best-performing day since June 4 was on September 27th, when $494.4 million was added. The spot Bitcoin ETFs raised $366 million on September 26th, the
Ethereum (ETH), the second-largest altcoin, has garnered attention with its volatile performance. After hitting a 27-day high earlier this week, ETH has seen a modest decline of 0.97% in the past 24 hours. Despite this, it remains up 14% over the past seven days. However, community sentiment remains 74% bearish,
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on options trading for Ethereum ETFs, extending the deadline until mid-November. This decision impacts both Nasdaq ISE’s proposal for BlackRock’s iShares Ethereum Trust and NYSE American LLC’s proposal for options trading on Grayscale’s Ethereum ETF, alongside other
The ETFSwap (ETFS) highly successful presale has finally come to its final stage as both institutional and retail investors scrabble for its low token offer of $0.03846. This final presale stage presents a pivotal opportunity for crypto investors who believe in the decentralized ETF trading model that ETFSwap (ETFS) is
Talk of Ripple ETFs and Solana ETFs has resurfaced as Grayscale prepares to launch a Ripple (XRP) Trust, and Bitwise CIO hints at preparations for Ripple ETFs at the firm. Meanwhile, ETFSwap (ETFS) is fortifying its ETF trading platform to help investors profitably trade the assets when they launch. ETFSwap
Prior to Thursday’s net inflow of $158.21 million, spot bitcoin exchange-traded funds in the US had a net outflow of $52 million. Among yesterday’s inflows, Ark Invest and 21Shares’ ARKB received $81.07 million, the most, according to SoSoValue statistics. Net inflows of $49.88 million were recorded by Fidelity’s FBTC, while
On Wednesday, spot bitcoin exchange-traded funds in the United States recorded net withdrawals of $52.83 million, capping four days in a row of net inflows totaling more than half a billion dollars. SoSoValue data indicates that Ark Invest and 21Shares’ ARKB suffered the most withdrawals yesterday, at $43.41 million. Bitwise’s
On Thursday, after recording negative flows the previous day, spot bitcoin exchange-traded funds in the US experienced daily net inflows of $39.02 million. Ark and 21Shares’ ARKB had the most net inflows yesterday, with $18.34 million flowing into the fund, according to SoSoValue statistics. Net inflows to Fidelity’s FBTC were
In the wake of Bitcoin and Ethereum spot ETF approvals in the United States, the cryptocurrency community has turned its attention to Solana as the potential next contender in the ETF race. As the fifth-largest cryptocurrency by market capitalization, Solana’s unique position in the crypto ecosystem has sparked discussions about
