BlackRock’s iShares Bitcoin Trust gets listed on the Depository Trust & Clearing Corporation (DTCC), however, analyst predict all approvals to happen at once. As the crypto community gears up for the arrival of the first spot Bitcoin ETF in the coming months, analysts have been sharing interesting predictions ahead. Expert in crypto ETFs Stuart Barton, the Chief Investment Officer of Volatility Shares, anticipates that all spot Bitcoin exchange-traded fund (ETF) applications submitted...
Read More »US SEC Approves Grayscale’s Ethereum ETF Filing
Initially submitted on October 2, 2023, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF. In a recent turn of events, the US Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application for a spot Ethereum (ETH) exchange-traded fund (ETF). Sharing the news on Tuesday, Nate Geraci, President of The ETF Store, announced on X (formerly Twitter) that the SEC has officially acknowledged the...
Read More »Ethereum Futures ETFs Underwhelm on First Day of Trading
By mid-day, the ETFs had seen less than $2 million in trading volume. According to the analyst, this was “about normal” for a new ETF but low when compared to BITO, the first Bitcoin futures ETF, which did $200 million in the first 15 minutes of trading. The highly anticipated launch of nine new Ethereum futures exchange-traded funds (ETFs) has come to a seemingly underwhelming end. The new products went to market on October 2 and are designed to track futures contracts tied to the value...
Read More »Valkyrie Receives Permission to Start Buying ETH Futures for Its Bitcoin ETF
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...
Read More »Trading of Ethereum Futures ETFs May Start Next Week
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...
Read More »SEC to Approve Ether Futures ETF in US
CoinspeakerSEC to Approve Ether Futures ETF in US The Ether futures ETF tracks the futures contract of Ethereum. SEC to Approve Ether Futures ETF in US
Read More »Ethereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype
CoinspeakerEthereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype The rush to launch Ethereum spot ETFs has sparked interest in the crypto community. Ethereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype
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