Tag Archives: etf

The launch of EFUT marks the company’s second foray into the futures ETF market. US-based investment manager VanEck has officially announced the launch of the long-awaited Ethereum (Ether) futures exchange-traded fund (ETF), exposing traditional investors to the world of cryptocurrencies. According to a press release on Monday, the fund named VanEck Ethereum Strategy ETF (CBOE: EFUT) is structured as a C-Corporation. The investment vehicle is designed to be the sole ETF focused on ETH...

While the recent price surge brought joy to long-term investors and HODLers, short sellers are notably facing a different fate. On October 1, the crypto market witnessed spectacular price increases, with Bitcoin (BTC) exceeding $28,000 and Ethereum (ETH) surging past $1,700, prompting more than $70 million in short positions to be liquidated in a matter of minutes. The Surprising Bitcoin Price Pump According to data from TradingView, the crypto market’s upheaval began when Bitcoin...

The news of the new Valkyrie ETF caused a spike in Ether price.  Asset manager Valkyrie has received approval to convert its Bitcoin futures exchange-traded fund (ETF) to a two two-for-one investment vehicle by combining Bitcoin and Ether futures contracts into one contract. The firm has already started buying Ether futures contracts. In a statement to CoinDesk, a company spokesperson wrote: “Today, the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) began adding exposure to Ether futures...

Not long ago, the Securities and Exchange Commission (SEC) was set to decide on a new bitcoin-based exchange-traded fund (ETF) application that was submitted by ARK Invest and its chief executive Cathie Wood. The decision date was coming up soon, but unfortunately, the SEC had the opportunity to delay its decision, and now it appears it has taken that route. The SEC is at It Again The delay could give the SEC as much as 240 more days to decide on the application....

The BlackRock bitcoin-based exchange-traded fund (ETF) application is the big topic in the crypto industry as of late. Everyone’s talking about it, including Austin Arold of Altcoin Daily. In a recent video, he went so far as to say he’ll be very surprised if the application isn’t approved, and he thinks BlackRock is paving the way for all sorts of change in the crypto sphere. The BlackRock ETF Could Easily Get a Greenlight BlackRock is the ultimate business when...

According to analysts, there are 15 Ether futures ETFs awaiting approval. The United States Securities and Exchange Commission (SEC) has postponed its decision on spot Ether exchange-traded fund (ETF) applications from ARK 21Shares and VanEck. This comes after a September 26 announcement from the regulator saying it had extended the period for deciding on spot Bitcoin ETF applications from ARK 21Shares and Global X. In notices filed on September 27, the SEC said it would extend the...

According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc. Franklin Templeton, an asset management company, has entered the competition among companies aiming to offer spot Bitcoin ETFs. This was made known through a September 12 filing with the Securities and Exchange Commission (SEC). According to the filing, Coinbase will...

Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members of the House Financial Services Committee – two from each party – have just written a letter to that effect. In the Tuesday letter obtained by Coinspeaker, the...

Mike Novogratz – the billionaire hedge fund manager of Galaxy Digital and one of the biggest BTC bulls the world has ever known – believes that a bitcoin spot ETF will be approved somewhere within the next six months. A Bitcoin ETF is Almost Here, Novogratz Says In an interview, he commented: It’s a big deal, because both our contacts from the Invesco side and from the BlackRock side get you to think that this is a question of when, not if, that the outside window...

There has been a lot of speculation as of late regarding the new bitcoin-based exchange-traded fund (ETF) application submitted to the Securities and Exchange Commission (SEC) by BlackRock. Many are calling this a revolutionary moment in crypto, and there are several analysts out there who think it’s going to pave the way for all kinds of good things including future crypto-centered ETFs and a few major bitcoin price booms. Why the BlackRock BTC ETF May not Be the...