Bitcoin ETF Flows Plummet Solana Surges
A volatile first week of December sees net outflows for bitcoin and ether ETFs, while solana and XRP funds gain. #Update #Crypto $SOL
A volatile first week of December sees net outflows for bitcoin and ether ETFs, while solana and XRP funds gain. #Update #Crypto $SOL
@BOXExchange seeks SEC approval for FLEX equity options on the BlackRock Bitcoin ETF (IBIT), joining Nasdaq PHLX and Nasdaq ISE. Bitcoin spikes 8% to $93,243 amid increased trading interest. #Update #Crypto $BTC
The SEC’s request led ProShares to withdraw plans for leveraged ETFs linked to major stocks and crypto assets like $BTC, $ETH, $XRP, and $SOL. No securities were sold. #Update #Legal
Franklin Templeton expands its crypto ETF to include $XRP and $SOL, indicating increased demand for diverse blockchain assets. #Update #Crypto $XRP
The U.S. SEC halts review of high-leveraged crypto ETFs, citing risk concerns; fund managers must address issues before proceeding. #Update #Crypto
Vanguard’s shift to spot Bitcoin ETFs channels significant retirement capital into $BTC, influencing traders to explore high-risk tokens like Bitcoin Hyper. #Update #Crypto $BTC
BlackRock’s bitcoin ETF options (IBIT) have surged to 7.7M active contracts, ranking ninth in U.S. markets, surpassing gold ETF options and indicating BTC’s growing macro asset appeal. #Update #Crypto $BTC
US-listed spot Bitcoin ETF trading volume hit $5.6 billion, driven by @BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund, highlighting strong institutional interest. #Update #BitcoinETF
XRP spot ETFs have seen $756M in inflows over 11 sessions since Nov. 13, contrasting with a price decline, while Bitcoin and Ethereum ETFs faced significant outflows. #Update #Crypto $XRP
@BlackRock’s IBIT ETF reached $3.7B in trading volume, surpassing Vanguard’s VOO at $3.28B, amid Bitcoin’s price recovery. Major cryptos like $ETH and $ADA surged over 7%. #Update #Crypto $BTC
The SEC enforces Rule 18f-4, prompting revisions to Direxion’s 3x leveraged ETF filings tied to $BTC and $ETH, ensuring compliance with derivatives regulations. #Update #Crypto
@Vanguard will allow trading of crypto ETFs for $BTC, $ETH, $XRP, and $SOL starting December 2, marking a shift in stance on digital assets. #Update #Crypto $BTC $ETH $XRP $SOL
@BlackRock’s unconstrained bond portfolio increased its $IBIT holdings by 14% to 2,397,423 shares worth $155.8M as of Sept. 30; Bitcoin surpassed $91K #Update #Crypto $BTC
@BlackRock’s bitcoin ETFs, including IBIT, have become its top revenue source, nearing $100B in allocations. IBIT reached $70.7B in assets in under a year amid institutional interest. #Update #Crypto $BTC