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Standard Chartered to establish a spot BTC, ETH trading space


Standard Chartered is in the process of establishing a spot BTC and ETH trading space in London as a component of its FX trading unit. The space is expected to be operational in the near future. This is intended to facilitate the purchase and trade of ether and bitcoin.  Digital asset custodian...

Spot Bitcoin ETFs in witnessed net outflows of $139.88M in the US


Spot bitcoin exchange-traded funds saw a net outflow to the tune of $139.88 million in the US. This continued for the past five days.  Grayscale’s GBTC was ahead of the competition, coming up with a day-to-day net outflow amounting to $53 million. Second in line stood Fidelity’s FBTC, recording...

US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M


U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative total net inflows to $14.81 billion. Grayscale, Fidelity, and Bitwise Drive Tuesday’s...

SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer


U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds (ETFs) to launch this summer. The SEC is still working with fund issuers on their S-1 filings, which must be declared effective before the spot ether...

Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2


Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings....

Fidelity’s Spot Bitcoin ETF sees second largest outflow


Of late, 11 US spot Bitcoin exchange traded funds (ETFs) witnessed net outflows amounting to $226.21, an enormous figure by any count.  In the case of Fidelity’s FBTC, it experienced reaching the figure of $106 million, its second-highest figure, in terms of net outflow. Grayscale mentioned...

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