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American spot Bitcoin ETFs demonstrate positive market trend


Fidelity’s FBTC is the market leader, with inflows totaling $77 million. It is quite interesting to note that the spot Bitcoin exchange-traded funds have reported net inflows for the past fifteen days consecutively. Bitwise is the industry leader in net inflows, followed by Ark Invest and...

Australia’s First Spot Bitcoin ETF Launching Tomorrow


Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin...

Market shock: $3 billion in Ether exits following spot ETH ETF approval


The approval of a spot ETH ETF has profoundly impacted the cryptocurrency market, resulting in Ether’s exit valued at $3 billion. This significant movement underscores the complex interplay between regulatory decisions, market dynamics, and investor sentiment. Analyzing this event reveals several...

Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans


Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this...

Grayscale amends spot Ethereum fund registration statement


Grayscale implemented some modifications to its S-3 listing statement, which was subsequently submitted for official filing the day after BlackRock submitted its amended S-1 statement. Additional amended registration statements are anticipated to be submitted in the future.  This was one week after...

Vanguard discourages the sale of Spot ETH ETFs on its platform


Vanguard’s apprehensive viewpoint on spot Bitcoin ETFs is exposed to all, with the company refusing to accept even spot ether NTFs on its platform.  The entire picture becomes clearer when the Securities and Exchange Commission grants its consent to the 19b-4 suggestion for exchanges seeking...

DTCC lists spot Ether ETF of Fidelity under ticker FETH


DTCC, an acronym for Depository Trust & Clearing Corporation, was seen listing FETH on the platform. That pertains to the Spot Ether ETF by Fidelity, briefly sparking speculation that the ETF product had finally received all necessary approvals from the US Securities & Exchange Commission...

Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show


According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF.  The post Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show appeared first on Cryptonews

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