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SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’


U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making the full disclosure so that those registration...

US Spot Bitcoin ETFs Break Outflow Trend With $30M in Inflows 


On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $30 million in outflows. U.S. Spot...

Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs


Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback...

Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday


At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC...

Dive into crypto: Owning vs ETFs – Unveiling the pros & cons


The cryptocurrency market has grown exponentially recently and garnered significant attention from investors, regulators, and the financial media. A critical development in making cryptocurrencies more accessible to mainstream investors has been the advent of Cryptocurrency ETFs (Exchange-Traded...

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