Fidelity Launches Ethereum-Based Treasury Fund
@Fidelity aims to launch an “OnChain” share class for its Treasury Digital Fund on Ethereum, enhancing ownership transparency via blockchain. #Update #Crypto $ETH (+3) ↗
@Fidelity aims to launch an “OnChain” share class for its Treasury Digital Fund on Ethereum, enhancing ownership transparency via blockchain. #Update #Crypto $ETH (+3) ↗
@CboeBZX proposes staking for Fidelity Ethereum Fund, potentially enhancing its market position as the SEC reviews similar proposals from 21Shares and Grayscale Investments. #Update #Crypto $ETH (+3) ↗
DailyHodl: @GoldmanSachs holds $1.83B in $BTC and $ETH ETFs, including 24M IBIT shares worth over $1.33B and 7M FETH shares valued at $191M (SEC filing) #Breaking #Crypto (+9) ↗
Spot Bitcoin ETFs have seen a remarkable $4.7 billion inflow over seven days, with @Fidelity’s Wise Origin Bitcoin Fund leading with $186 million on January 24, reflecting strong investor interest as $BTC steadies around $104,500. #Update #ETF $BTC (+6) ↗
Fidelity’s spot bitcoin and ether ETFs reported record net outflows, with $582M for bitcoin and $159M for ether on Wednesday, marking the largest since inception. #Update #ETF $BTC (-3) ↘
@Fidelity’s $103.55M ETH transfer to @Coinbase sparks sell-off concerns, yet analysts foresee a potential ATH for $ETH by 2025 due to strong fundamentals and institutional interest. • #Breaking • #Crypto • $ETH • (+8) • ↗
@FidelityDigital’s new paper examines $ETH vs. $SOL, highlighting Ethereum’s strong fundamentals but noting Solana’s rapid growth and upcoming upgrades like Firedancer. Regulatory shifts under the Trump administration may impact Ethereum’s ETF advantage. • #Update • #Crypto • $ETH • (+4) • →
US spot Bitcoin ETF inflows surged to $900M, led by @Fidelity’s FBTC with 3,640 BTC added. $BTC nears $100K as on-chain data suggests market bottom formation amid balanced trader sentiment on Trump’s inauguration day. • #Update • #ETF • $BTC • (+6) • ↗
U.S. spot Bitcoin ETFs soared with $305.7M inflows, 94.86% to Blackrock’s IBIT, marking a 7th consecutive gain day. This underscores growing investor confidence in cryptocurrency via traditional ETFs, signaling a shift towards mainstream crypto investment acceptance.