In a move for the Japanese cryptocurrency market, BitFlyer Holdings has completed the acquisition of 100% of FTX Japan’s outstanding shares, effectively making it a wholly owned subsidiary. This strategic acquisition paves the way for BitFlyer to explore new avenues, including the potential launch of crypto-based exchange-traded funds (ETFs) and
Adding Spot Bitcoin ETFs to its pension funds, the state of Michigan has taken a daring step in the crypto market. The state spent around $6.6 million for 110,000 shares of the ARK 21Shares Bitcoin ETF (ARKB), according to a recent SEC filing. The increasing demand for Bitcoin and its
In continuation of their withdrawals from the previous day, the nine U.S spot Ethereum exchange-traded funds saw net outflows of $152.3 million on Thursday, their third day of trading. According to statistics from SosoValue, out of all the funds, only the Grayscale Ethereum Trust (ETHE) saw a net outflow of
Jersey City Mayor Steven Fulop has announced a plan to allocate a portion of the city’s pension fund to Bitcoin exchange-traded funds (ETFs). This move revealed in a social media post on July 25, signals a significant shift in the city’s financial strategy for including cryptocurrencies. Currently, the Jersey City
As Ethereum ventures into ETF prospects and Solana’s influential investors embark on new endeavours, the crypto world is abuzz with strategic plays. Amidst these activities, MOONHOP steals the limelight with its daring presale and tactical roadmap, designed to engage and transform the market dynamics. MOONHOP has developed an active community
The Ethereum ecosystem hit a new milestone with the US Spot ETH ETFs starting trading in the last 24 hours. After considerable anticipation, the digital assets began trading on July 23 after the SEC approved the final filings. On the first day of trading, the nine ETFs recorded a total
Significant trading activity has already been produced since spot Ethereum ETFs first debuted on the U.S. stock market Tuesday morning. The exchange-traded funds amassed millions in total trading volume in less than an hour. At roughly 10:45 a.m. EST, or 75 minutes after the open, the funds reached $300 million
The recent activities of some Ethereum whales have caught the attention of savvy investors. These big investors, who hold a significant amount of ETH, are making significant moves by buying ETFSwap (ETFS), Near Protocol, and Avalanche (AVAX). Based on analysis from crypto experts, these moves by Ethereum whales could have
Monday saw the biggest net inflow of $526.7 million for BlackRock’s IBIT, the biggest spot bitcoin exchange-traded fund by net asset value, since March 13. Net inflows of $533.57 million were recorded by ten U.S spot bitcoin ETFs yesterday, with the exception of Bitwise’s BITB, as reported by SoSoValue. Following
Two Ethereum ETFs, one from Grayscale and one from Bitwise, will be listed and traded on the New York Stock Exchange Arca (NYSE Arca). This approval was formally announced by the exchange. In accordance with SEC filings, NYSE Arca has authorized the registration and listing of Spot Ethereum ETFs. These
