Bitcoin ETF Inflows Surge Grayscale Soars
“Grayscale’s Mini BTC Trust ETF leads with $191M inflows, while spot Bitcoin ETFs see $50.6M total. BlackRock’s IBIT ETF adds $25.9M. Bitcoin remains volatile. #Bitcoin $BTC #Update”
Crypto Investment
Ethereum ETF Outflows Exceed $2 Billion
Grayscale’s $ETHE faces $2B in outflows, reducing assets by 22%. BlackRock’s $ETHA sees $89.6M inflows. Whale activity and 180,000 option expirations could drive volatility. #Ethereum #Update
Source: coingape.com
Ethereum ETF Fee Revealed by 21Shares
“21Shares files updated S-1 for Spot Ethereum ETF $CETH, revealing a 0.21% sponsor fee, waived for 6 months or until $500M assets. Launch expected around July 23. #CryptoNews #Update”
Ethereum ETF Launch Solana Approval Uncertain
Ethereum ETF launch excites the crypto community, but Solana ETF faces uncertainty. EY’s Paul Brody highlights Ethereum’s decentralization and market liquidity as favorable for regulatory approval. #Crypto #Update $ETH $SOL
Ethereum ETF Approved for NYSE Trading
“Breaking: NYSE Arca approves Grayscale & Bitwise spot Ethereum ETFs, marking a milestone for regulated crypto investments. Trading to commence soon. $ETH #CryptoUpdate”
BlackRock CIO Denies Solana ETF Plans
“BlackRock CIO confirms no plans for a $SOL ETF, focusing on $BTC and $ETH due to liquidity and stability concerns. Crypto ETFs for $BTC and $ETH expected in model portfolios by late 2024. #Update #CryptoETFs”
Source: [link]
Bitwise Ether ETF Donates 10% Profits
“Bitwise launches $ETHW ETF on NYSE, pledges 10% profits to Ethereum development. SEC-approved, with a 0.20% fee waived for 6 months. #Ethereum #Update”
Ethereum Foundation Sells ETH Amid ETF
“Ethereum Foundation sells 100 ETH as spot Ethereum ETF debuts. Foundation wallets offload 2,366 ETH for $6.9M DAI in 2023. $ETH price up 0.50%, trading at $3,505. #CryptoUpdate”
Ethereum ETF Risks with Coinbase Custodian
“VanEck’s Gabor Gurbacs warns of concentration risk with $COIN as custodian for most U.S. Ethereum ETFs. Suggests multi-custodian strategy for better investor protection. #CryptoSecurity #Update”
Ether ETF Hits $1.1B Volume Milestone
“Spot Ether ETFs launch with $1.1B trading volume, challenging Bitcoin’s dominance. BlackRock’s $ETHA leads with 25% of trades. Analysts predict strong growth as $ETH nears key resistance levels. #CryptoUpdate #Update”
Ether ETF Launch: Nomura Adds Staking
“Nomura’s Laser Digital to launch high-yield $ETH ETF with staking options in September. Supported by Galaxy Digital and Dinero, targeting institutional investors for higher returns. #CryptoInvestment #Update”
Ethereum ETF Sees Positive Net Inflows
“BlackRock’s $ETHA ETF sees $118M inflows, pushing US spot Ethereum ETFs positive. Despite $ETHE outflows, Ethereum price holds steady at $3,300. Institutional interest grows for $ETH. #CryptoUpdate”
Morpho Secures $50M Funding from a16z, Coinbase
Morpho secures $50M strategic funding round led by Ribbit Capital, with backing from @a16z, @CoinbaseVentures, and others. Funds will enhance decentralization and global growth as a public good. #DeFi #Update
BlackRock Hesitates on Launching Solana ETF
BlackRock’s Samara Cohen explains the firm’s cautious stance on a Solana ETF despite market enthusiasm. Only $BTC and $ETH meet their ETF criteria due to strong infrastructure and regulatory support. Solana lacks CME futures and institutional backing. #Update