Strive Asset Management, linked to Donald Trump, filed for a ‘Bitcoin Bond’ ETF aiming to provide exposure to @MicroStrategy’s convertible bonds and other assets, signaling increased institutional interest in crypto ETFs. #Update #ETF @StriveAssetMgmt **↗** (+6)
Bitcoin struggles below $100,000 due to holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends. #Update #Crypto @Bitcoin → (0)
BlackRock’s Bitcoin ETF experienced a record $1.5B outflow over four days, including Christmas Eve, highlighting investor retreat from US Bitcoin funds. #Update #ETF @BlackRock ↘ (-4)
Bitwise registers a Solana trust in Delaware, signaling plans for a $SOL spot ETF. This move, amid rising institutional interest, could position Bitwise as a leader in crypto investment products. Approval pending from the SEC.
21Shares files for an S-1 application to list its Core XRP Trust on Cboe BZX Exchange, with Coinbase as custodian. Despite SEC’s legal battle with Ripple, the move highlights growing institutional interest in diversified crypto investments like $XRP.
Grayscale introduces XRP Trust, causing an 8% spike in $XRP value and sparking speculation on future XRP ETFs. The legal battle between @Ripple and the SEC remains a hurdle. Legislative changes could pave the way for more crypto ETFs.
VanEck will liquidate its Ethereum futures ETF, $EFUT, by Sept. 16, 2024, due to performance and low investor interest. Focus shifts to the newly SEC-approved spot Ethereum ETP, $ETHV. This highlights a trend towards spot ETFs over futures.
Monochrome Asset Management seeks approval for an Ethereum ETF under ticker $IETH on Cboe Australia, aiming to provide regulated exposure for retail investors. This follows their successful Bitcoin ETF, $IBTC, highlighting Monochrome’s role in Australia’s crypto ETF market.
Breaking: SEC seeks public input on NYSE’s proposal to list options for $ETH ETFs by Bitwise and Grayscale. Public comments due in 21 days. Final decision expected next year. #Ethereum #Update
? 40% of Ethereum supply is locked as market awaits ETH spot ETF approval. 33M ETH staked for network security, with ETFs expected to launch soon. #Ethereum #Crypto
Leveraged Ethereum futures ETF debuts on CBOE, hinting at potential spot ETF approvals soon. Experts predict trading could start before US elections. #Ethereum #CryptoNews
Hong Kong’s SFC is set to allow Ethereum ETF staking, diverging from US regulatory caution. This move could solidify its status as a global crypto finance hub, contrasting with the SEC’s strict stance.
Bloomberg’s Seyffart anticipates a delay in the Solana ETF launch amid regulatory caution, despite crypto enthusiasm. Approval may depend on U.S. crypto regulations or a CFTC-regulated Solana futures market.
Bloomberg’s Senior ETF Analyst, Eric Balchunas, predicts that spot Ethereum ETFs might capture just 10-15% of the assets that Bitcoin ETFs have, despite Ethereum’s recent price surge and optimism for SEC approval. This cautious outlook contrasts with the $13 billion managed by Bitcoin ETFs, setting a modest expectation for Ethereum’s ETF market potential.
