ETF

In a post on X, former Grayscale research director Phil Bonello said there is a 20% chance of Bitcoin (BTC) falling to $52,000. He said rising inflation, ongoing geopolitical tensions, and instability in the Yen are all affecting Bitcoin and the broader crypto market. Bonello also highlighted that many altcoins have dropped by more than […]

In a significant development for Hong Kong’s crypto market, the Securities and Futures Commission (SFC) has given the green light to several spot Bitcoin and Ethereum exchange-traded funds (ETFs). This decision marks a milestone in the region’s crypto landscape, paving the way for greater accessibility and legitimacy in digital asset investments. On Monday during the […]

In a significant development for the cryptocurrency market, Hong Kong is on the verge of approving a spot Bitcoin exchange-traded fund (ETF), marking a milestone in the convergence of traditional finance and digital assets. Hong Kong’s Matrixport, a provider of cryptocurrency services in Singapore, indicated that Hong Kong authorities’ prospective approval of Bitcoin Spot ETF […]

As early as Monday, Hong Kong is set to greenlight the launch of new exchange-traded funds (ETFs) that will directly invest in Bitcoin and Ether. This major development involves key financial players, such as an international branch of China’s Harvest Fund Management Co. and a partnership between Bosera Asset Management (International) Co. and HashKey Capital. […]

Exchange-trade­d funds (ETFs) witness an exceptional influx, with capital inflows surpassing pre­vious monthly and quarterly records. This surge prope­lled assets under human-guide­d investment strategie­s beyond $750 billion, potentially signifying a shift in investor se­ntiment favouring such actively managed approache­s, according to the Financial Times. Active ETFs saw a record inflow of 65.6 billion in the first quarter […]

In a recent development, the Securities and Exchange Commission (SEC) has once again delayed its decision regarding the proposed Grayscale Ethereum Futures Trust exchange-traded fund (ETF), as detailed in a recent filing. In the filing published on March 22, the SEC announced an extension of the deadline from March 31 to May 30 to determine whether […]

In a surprising turn, asset management giant BlackRock has emerged as a notable player in cryptocurrency and nonfungible tokens (NFTs), acquiring a substantial portfolio worth at least $40,000 in memecoins and NFTs. The revelation came to light after vigilant observers tracked transactions to one of BlackRock’s wallets associated with a new tokenization fund. Data shows a […]

XRP took a major hit, plunging from its recent peak of 0.74 to $0.60. The cryptocurrency’s sustained downturn raised concerns among investors about potential factors driving the bearish trend, including regulatory uncertainties and selling pressure. As the market closely watches XRP’s performance, its future trajectory could significantly impact the broader narrative surrounding the digital asset. […]

Grayscale’s Chief Legal Officer, Craig Salm, has announced that the company has submitted a revised Form 19b-4 for its Ethereum Trust to the U.S. Securities and Exchange Commission (SEC). Salm considers the move a crucial step in Grayscale’s effort to upgrade ETHE to start trading on the New York Stock Exchange (NYSE) Arca. In his […]