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Crypto for Advisors: Are ETH ETFs Coming?


Market odds of approval in May are dwindling, but David Lawant and Purvi Maniar of FalconX say we’ll likely see an ETH ETF approval over the next 12-18 months

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline


U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...

Is The Bitcoin Bull Run Losing Steam? Indicator Signals Potential Slowdown


Bitcoin's on-chain momentum may be showing signs of a potential slowdown with the Value Days Destroyed (VDD) Multiple indicator surging above 4.0, leading to speculation among crypto traders about the end of the current bull run. The post Is The Bitcoin Bull Run Losing Steam? Indicator Signals...

Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters


Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people familiar with the matter

Hong Kong will introduce Spot Bitcoin ETF in April


Hong Kong’s move reflects a fundamental shift in the international Bitcoin business. It is expected that the introduction of spot Bitcoin Exchange Traded Funds will revive the global cryptocurrency investment landscape.  According to industry reports, four corporate organizations have been...

Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge


Fred Thiel, CEO of Marathon Digital Holdings Inc., suggested that recent spot Bitcoin ETF approvals have accelerated the market’s appreciation, typically expected post-Bitcoin halving, by attracting significant capital into the market. Thiel remarked that this shift has led to an unusual...

VanEck CEO Says SEC Unlikely to Approve Spot Ether ETFs in May


VanEck CEO Jan van Eck has expressed doubt regarding the approval of spot Ether ETFs by the United States Securities and Exchange Commission in May.  The post VanEck CEO Says SEC Unlikely to Approve Spot Ether ETFs in May appeared first on Cryptonews

Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15


Hong Kong’s securities regulator aims to approve the first batch of Spot Bitcoin ETFs on April 15. However, their availability is expected to commence roughly two weeks after approval. The post Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15 appeared first on Cryptonews

Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May


The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s CEO. His firm is one of the applicants seeking approval for a spot ether ETF....

Defiance ETFs Files For 2X Leveraged ETH Futures ETF


This ETH futures ETF offers investors extra juicy returns – though they may lose money if ETH isn’t going up fast enough. The post Defiance ETFs Files For 2X Leveraged ETH Futures ETF appeared first on Cryptonews

Ark Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000


According to onchain metrics, Ark Invest’s holdings in its spot bitcoin exchange-traded fund (ETF) include several inscriptions, among them an Ordinal inscription from the “Bitcoin Puppet” digital collectible series, valued at $27,900. Similarly, Blackrock’s IBIT...

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