The upcoming U.S. elections are set to significantly influence the regulatory landscape for cryptocurrency, particularly regarding crypto policy and the approval of crypto-related ETFs. With both the presidential and congressional races on the horizon, the balance of power within the Securities and Exchange Commission (SEC) could shift, impacting how the
US spot Ethereum ETFs after the July 23 launch were expected to draw significant inflows similar to the spot Bitcoin ETFs. The digital assets failed to meet analysts’ expectations as it witnessed mounting outflows following its initial launch day. However, the past week has witnessed for the first time weekly
BlackRock and Nasdaq have filed with the SEC to add options trading to the iShares Ethereum Trust (ETHA). Final SEC approval is anticipated by April 9, 2025, with pending approvals from the OCC and CFTC. This move, disclosed in a regulatory filing, aims to enhance market dynamics and provide investors
While the global crypto market turned to recovery, Ethereum exchange-traded funds (ETFs) in the United States displayed notable activity. On Wednesday, BlackRock’s fund saw a significant net inflow of around $110 million, contributing to a positive trend for Ethereum ETFs. For two consecutive days, U.S.-based spot Ether ETFs have recorded
US-based ETF giant BlackRock recently announced that there has been a notable rise in scammers targeting its ETF investors. The asset management firm has issued several ETP products including a spot Bitcoin ETF and a spot Ethereum ETF, launched in 2024. Notably, the asset management firm announced in its X
As global crypto markets react to Bitcoin’s price surge and Ethereum ETF news, Solana (SOL) has come into the spotlight, with its price climbing to the $180 zone. The latest buzz centers around the potential filing for a Solana ETF by Franklin Templeton, a prominent global asset management firm known
In a major downturn for the cryptocurrency market, the total global market cap decreased by 3.83%, settling at $2.31 trillion, with trading volumes falling by 8%. Major cryptocurrencies, Bitcoin dipped below $64,000, while Ethereum saw a sharp decline of 7.37% in the past 24 hours, and its trading volume dropped
The overall crypto market, in the last 24 hours, recorded minor declines in market cap. Meanwhile, the overall trading volume increased by 21.96%. Leading cryptocurrency, Bitcoin with a modest daily decline slid back to the $66K level. On the other hand, the largest altcoin Ethereum, began showing price increases fueled
Chinese capital Hong Kong announced the launch of a new ETF product on Monday. After its recent launch of spot Bitcoin and Ethereum ETFs, Hong Kong recently announced the launch of an inverse Bitcoin ETF. The capital, in the past few months, has been focusing on developing its cryptocurrency sector
The most anticipated US Spot Ethereum ETFs are expected to make their market debut on July 23. In preparation for the launch, issuers have filed their S-1 filings and made announcements on fees, custodians, and other facets of their respective products. The market has also seen several updates from the
