Tag Archives: crypto etf

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...

Crypto prices have fallen across the board over the past month, pushing investors away and spurring large amounts of liquidations in the process. However, bitcoin’s price dropping to lows unwitnessed for months has led certain investors to take advantage of its discounted price and the prices of other cryptos, leading to $441 million flowing into crypto-related products. Bitcoin products saw $398 million in inflows, capturing 90% of the funds invested in crypto products. US spot BTC ETFs...

After a grueling few weeks of BTC ETFs experiencing declining inflows and massive outflows, they attracted $129.45 million on July 1. That is after these ETFs recorded over $1 billion in outflows within a single week in June. And that happened twice. Unlike those spells, BTC ETFs observed a five-day consecutive spell of net inflows, with July 1 taking it into the hundreds of millions, marking the highest inflows since June 7. Simultaneously, bitcoin prices rallied to over $63,000, which it...

The US Securities and Exchanges Commission (SEC) has asked ETH ETF S-1 applicants for changes, returning their applications, which will push the launch date. They were asked to resubmit the forms by 8 July. However, industry experts believe it may not take too long. Many expected the ETFs to launch on US exchanges before 4 July. Bloomberg analyst Eric Balchunas feels they will receive SEC approval by July end, allowing ETH ETF issuers to launch the products by mid to end of July. He posted...

21Shares filed an S-1 application with the US Securities and Exchange Commission (SEC) to issue spot SOL ETFs. With that, it is the second asset management firm to apply with the regulator to issue an approved product backed by Solana’s native asset. The first was VanEck—when it applied for the ETF issuance on 27 June. The steam for SOL ETFs has picked up since 3iQ filed to issue the product in Canada last week. Now, asset managers in the US are going for it, with more applications expected...

VanEck, the American investment firm, has filed an S-1 registration form with the SEC to issue SOL ETFs (Exchange Traded Funds) in the US. It is the first filing for a SOL ETF in the country. The cryptocurrency’s price saw 8% gains in the 24 hours following the news. The filing comes six days after another asset manager, 3iQ, filed to issue SOL ETFs in Canada. VanEck is most notably known for filing to offer ETH ETFs in the US in 2021. While it was not approved immediately, the SEC has...

Spot BTC ETFs offered in the US finally witnessed net inflows on 25 June after a seven-trading-day period of consecutive outflows. They attracted about $31 million, according to SoSo Value. Before the reversal, the ETFs saw over $1.1 billion in outflows on trading days between 13 and 24 June. It is the highest amount accrued by constant outflows since $1.2 billion was flushed out of BTC ETFs between 24 April and the early days of May. Despite the inflows, BlackRock, Invesco Galaxy, Valkyrie,...

Institutions that applied for issuing ETH ETFs in the US submitted their S-1 applications to the Securities and Exchange Commission (SEC) on June 21. Many assume ETH ETFs are days away from launch and can come as soon as the first week of July before the US Independence Day celebrations. Late last month, it approved the first round of applications, the 19b-4 filings submitted by the financial institutions. It then asked them to clarify its questions before submitting the S-1 applications....

VanEck BTC ETFs will be offered beginning June 20 on the Australian Securities Exchange (ASX), Australia’s largest stock exchange. VanEck also offers its BTC ETFs in the US markets with the US SEC’s blessings. Now, it has received permission from ASIC only a few months later to list on ASX. Demands for BTC ETFs were rising in Australia as action in the US began months ago. VanEck faced increased inquiries from brokers and advisers about the possibility of an Australian BTC ETF. Arian Neiron,...