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Spot Bitcoin ETF sees first inflow in five weeks amid market shift
14.5.2024
There is a notable shift in the market, with Spot Bitcoin ETF banking an inflow for the first time in five weeks. There was a trend of outflow for 4 consecutive weeks, but that has been broken with the inflow of $130 million in total. This pertains to the US Spot Bitcoin ETF offering with …
Crypto Exchange OKX Officially Debuts in Australia
14.5.2024
With the launch, OKX claims to be the largest global crypto exchange offering direct AUD deposits and withdrawals to Australians.
The post Crypto Exchange OKX Officially Debuts in Australia appeared first on Cryptonews
VanEck’s Bitcoin ETF Gains $109 Million Net Asset, Holds $619 Million Bitcoin in Q1
14.5.2024
VanEck's spot Bitcoin ETF HODL reports substantial asset growth in the first quarter of 2024, with total holdings reaching approximately $619 million in Bitcoin and a net realized gain of $6 million.
The post VanEck’s Bitcoin ETF Gains $109 Million Net Asset, Holds $619 Million Bitcoin in...
Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors
13.5.2024
Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday
Fans Spot Powerpuff Girls In New MultiVersus Trailer
13.5.2024
Last week, WB Games announced that The Joker—voiced by Mark Hamill—is going to appear in its franchise-mash-up platform fighter, MultiVersus, when it re-launches later this month. And now, via a new gameplay trailer for The Joker, it seems the Powerpuff Girls could also be a part of WB’s fighting...
Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China
13.5.2024
The Bitcoin Asia 2024 conference highlights the recent launch of Hong Kong's spot Bitcoin ETFs, drawing significant attention from 5,500 attendees, especially investors across China’s mainland.
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Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
13.5.2024
A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for Ethereum due to different regulatory considerations....
Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares
11.5.2024
Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of these shares stands at $121,207, a small fraction...
JPMorgan reports holding shares of several spot Bitcoin ETFs
10.5.2024
The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs
Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1
10.5.2024
Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little change from the previous quarter, as stated in...
GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs
10.5.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin...
Hong Kong issuer seeks spot Bitcoin ETF for mainland China
10.5.2024
Harvest CEO believes the Hong Kong-mainland China ETF bridge program could enable crypto ETF access in mainland China
Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1
9.5.2024
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million
Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan
9.5.2024
The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as securities, the report said
Crypto Lender Ledn Sees Strong Q1 Performance with $690M in Loans, Driven by US Spot Crypto ETF Adoption
9.5.2024
Crypto lender Ledn revealed loans statistics for the first quarter on Thursday, surpassing all previous quarters since its inception in 2018.
The post Crypto Lender Ledn Sees Strong Q1 Performance with $690M in Loans, Driven by US Spot Crypto ETF Adoption appeared first on Cryptonews
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution
8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...
Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
8.5.2024
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive...
Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong
8.5.2024
Three Asian-based ventures have joined forces to launch Hong Kong's first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday.
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Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
8.5.2024
Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs.
The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews
Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
8.5.2024
Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs).
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