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Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong


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. The post Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong appeared first on Cryptonews

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision


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

SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF


The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF). The post SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF appeared first on Cryptonews

Blackrock’s BUIDL Fund emerges as top RWA Tokenized Offering leader


Blackrock’s USD Institutional Digital Liquidity Fund, also referred to as BUIDL, has demonstrated noteworthy advancements in the realm of tokenized real-world assets (RWA). At 381.76 million tokens, each worth $1, Blackrock’s BUIDL has surpassed all other tokenized offerings backed...

GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows


Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin...

MoJ and prosecution promote ‘Virtual Asset Joint Fund’ formalization


The emergence of virtual assets has altered the financial landscape, necessitating heightened efforts to prevent crimes like money laundering.  The Ministry of Justice and the prosecution are supporting the formation of a Virtual Asset Joint Investigation Team by the Seoul Southern District...

Franklin Templeton Lists Ethereum ETF Under Ticker ‘EZET’ on DTCC


Asset management firm Franklin Templeton has listed its Ethereum exchange-traded fund (ETF) under the ticker EZET on the Depository Trust and Clearing Corporation (DTCC) website. The post Franklin Templeton Lists Ethereum ETF Under Ticker ‘EZET’ on DTCC appeared first on Cryptonews

Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May


Tron CEO and founder Justin Sun said it is unlikely an Ethereum exchange trade fund (ETF) will be approved in May with the cryptocurrency in need for “long-term education with regulators.” The post Tron’s Justin Sun Says Ethereum ETF Unlikely to Be Approved in May appeared first on Cryptonews

Fidelity Bitcoin ETF Records First Daily Net Outflows Since January Listing


The Fidelity Wise Origin Bitcoin (FBTC), a key player in the spot Bitcoin exchange-traded fund market, experienced a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market. The post Fidelity Bitcoin ETF Records First Daily Net Outflows Since January...

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