Tag Archives: crypto etf

BTC tumbled to the $49,000 mark over the last weekend as its price was severely affected by Japan’s Nikkei taking a bloodbath. US stocks also took a massive beating in the process. BTC has since recovered to some degree, trading over $56,000 at the beginning of the week and eventually reclaiming the $60,000 mark. Through this undesirable scenario, Bitcoin whales, or wallets holding over 1,000 BTC, pushed through without selling. In fact, wallets holding between 1,000 and 10,000 BTC remained...

Mox Bank simplifies crypto investments with Crypto ETFs, offering a regulated and safe platform for Hong Kong investors Low trading fees and easy access through the Mox app make investing in emerging asset classes more attractive. The Standard Chartered subsidiary Mox Bank Limited (“Mox”) has announced the launch of bitcoin exchange-traded funds (ETFs) on its Mox Invest platform. Customers may now more easily and safely diversify their portfolios with Mox, the first virtual bank in Hong Kong...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

US ETH ETFs finally broke their streak of four-day losses, recording inflows on Tuesday. They brought in collective net inflows of $33.67 million, marking only the second day of net inflows since launch. The first time was the day they debuted. BlackRock’s ETHA drew $117.98 million, Fidelity’s FETH $16.36 million, Franklin Templeton’s EZET $3.73 million, and Bitwise’s ETHW $3.52 million. Grayscale’s Mini Ethereum Trust (ETH) saw $12.36 million flowing in, while its Ethereum Trust (ETHE)...

As the world moves another step closer to crypto adoption, Jersey City’s pension fund will invest in BTC ETFs. How much it will invest or which fund it will choose has not yet been revealed. Jersey City mayor Steven Fulop wrote about it on X, “Not my normal subject matter in a post but I’ll share anyway – the question on whether Crypto/Bitcoin is here to stay is largely over + crypto/Bitcoin won.” Of course, that decision needs approval from the premier US financial regulator, the Securities...

As ETH ETFs launched on July 23 with tremendous anticipation, many were anxious about its performance. However, they did great in the eyes of analysts and market observers, raking in about $107 million on their first day of trading. Bloomberg’s James Seyffart left an update on X, “First full day of flows for the ETHness stakes are in. The Ethereum ETFs took in $107 million.” BlackRock’s and Bitwise’s funds led the inflows. “@BlackRock’s $ETHA lead the way with $266.5 million followed by...

The US Securities and Exchange Commission (SEC) approves ETH ETFs, providing final confirmations for the S-1 applications submitted by multiple issuers. The products can trade as soon as today. This move was highly anticipated by the crypto community, with many rejoicing it. It follows the SEC approving BTC ETFs in January, which was unbelievable to many back then. The feeling was mutual toward ETH ETFs just some weeks ago. However, there was confirmation when SEC chair Gary Gensler stated...

Industry insiders broke the news of the SEC mentioning July 23 as the date that ETH ETFs go live on US exchanges. With that date nearing, ETF issuers have begun offering discounts on their mentioned fees to attract high inflows from the get-go, with Franklin Templeton’s EZET fund taking the lead in the discount race. Franklin Templeton has waived the fund’s management fee for the first year or until it hits $10 billion in AUM (assets under management). Even then, the fee remains the lowest...

Eric Balchunas, an analyst at Bloomberg Intelligence who has been covering crypto-related ETFs in the US, stated that ETH ETF issuers received word from the Securities and Exchange Commission (SEC) that they can issue their products on exchanges starting Tuesday, July 23. Issuers will have to submit their final S-1 forms by this Wednesday—the SEC relayed it had no more comments to add or questions to ask. Balchunas said on X, “hearing SEC finally gotten back to issuers today, asking them to...

US Spot BTC ETFs observed the largest net inflows this week on Friday, recording $310.21 million, according to SoSo Value data. It also marks the largest inflows recorded since June 5, as ETF investors began pulling out of their positions due to selling pressure induced by the German government moving tremendous amounts of bitcoin and Mt. Gox repayment anticipation. Despite bitcoin’s price dropping to prices lesser than what was seen last month, investors are returning to ETFs to buy the...