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Bitcoin price soars above $66K as crypto market momentum ramps up
19.7.2024
Bitcoin price surged to a new 1-month high near $67,000 as a variety of bullish factors converged to push cryptocurrencies higher
Solana ($SOL) projects optimism ahead of Spot Ether ETF’s final approval
19.7.2024
Solana ($SOL) is exchanging hands at $165.03, up by 3.50% in the last 24 hours, at the time of writing this article. Speculation is that SOL will breach a higher mark in the coming days, especially under the positive influence of Bitcoin ($BTC) and Ethereum ($ETH). Ali_Charts, for one, has backed...
Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO
19.7.2024
Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time
Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
18.7.2024
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term
Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements
18.7.2024
The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action....
US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million
18.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86 million in outflows. Blackrock’s IBIT Boosts...
Here’s Everything to Know About the Approved Spot Ethereum ETFs
18.7.2024
The Securities and Exchange Commission (SEC) has approved the start of spot Ethereum ETFs on July 23. Eight asset managers will offer these new financial instruments: BlackRock, Ark Invest/21Shares, VanEck, Grayscale, Fidelity, Bitwise, Franklin Templeton, and Invesco/Galaxy Digital. Spot Ethereum...
Bitcoin ETFs have 4-8X more BTC price influence than miners — Research
18.7.2024
Bitcoin miners' "market influence" pales in comparison to the ETFs and exchanges when it comes to BTC price pressure, says Glassnode
SEC approves Grayscale & ProShares spot Ethereum ETFs for trading
18.7.2024
The US SEC (Securities and Exchange Commission) has approved 2 Ethereum ETFs for trading. The ETFs will be listed on the NYSE’s (New York Stock Exchange) Arca trading platform. The news was officially shared by the SEC in its July 17 filing. The notice stated that the approval of the Form 19b-4...
LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
18.7.2024
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day
Ethereum ETFs will have a bigger impact on ETH price: Bitwise
18.7.2024
Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs did for BTC
In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms
18.7.2024
Spot ether exchange-traded fund (ETF) issuers have submitted their final documents needed in order to launch the funds next week
SEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE Arca
17.7.2024
The issuers must still await final regulatory signoff on S-1 filings before listing the funds
Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO
17.7.2024
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $5,000...
State Street eyes blockchain leap with stablecoin, deposit token: Report
17.7.2024
The global asset manager may be on its way to the forefront of settlement technology
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest
17.7.2024
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest...
SEC Commissioner Peirce Discusses Staking in Ethereum ETFs
17.7.2024
In January 2024, the crypto ecosystem witnessed tradable ETFs for the first time in DeFi history. The spot Bitcoin ETFs have been trading for six months now. The second half of 2024 will see the launch and trade of ETH ETFs in American markets. The United States SEC Hester Peirce, often known...
US Spot Bitcoin ETFs Attract $422 Million in Single-Day Inflows
17.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $20 billion....
Whale transfers $5.78M ETH amid SEC’s preliminary approval for ETH ETFs
17.7.2024
According to a report by BlockBeats and data monitored by The Data Nerd, considerable whale transactions occurred on July 17 when 1,665 ETH was moved from Blast to Binance. These ETHs, bought over eight months ago for $2,055 a pop, are now worth close to $5.78 million. If sold at their current...
Ether Spot ETF Inflows Will Push ETH to Beyond $5K: Bitwise
17.7.2024
It may not happen immediately and price action could be choppy to start due to outflows from the Grayscale Ethereum Trust, after it converts to an ETF, the report said