Digital asset investment products saw US$224 million in inflows last week, extending a strong seven-week streak to US$11 billion, according to the latest data from asset manager CoinShares. Despite the positive trend, the pace of inflows has decelerated amid investor caution surrounding the U.S. Federal Reserve’s next move on interest rates and inflation. Digital asset […]
US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout. US Bitcoin ETFs outflow Data from SoSoValue shows that the 12 US-listed spot Bitcoin
US Bitcoin ETFs navigate $1.2 billion outflows amid European retail approval Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto market continues to defy bearish expectations, with the Bitcoin price holding firm even in the face of global economic uncertainty. As the price consolidates near all-time highs, traders remain divided between bullish and bearish outlooks. However, a crypto analyst believes
The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on the Solana ETF proposals from Bitwise and 21Shares, as revealed in a May 20 filing. The holdup follows earlier delays on would-be ETFs tied to Ethereum staking, XRP, and Dogecoin. Crypto enthusiasts still hope to see more exchange-traded products make it to
Bitwise and 21Shares Solana ETF Reviews Delayed as SEC Extends Decision Timeline Read More »
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $96.14 million in net outflows on Tuesday, breaking a four-day streak of inflows that had culminated in a record-setting performance just a day earlier. Fidelity’s FBTC led the downturn with $91.39 million in net redemptions, while Hashdex’s DEFI ETF saw $4.75 million in outflows, according to data from
U.S. Spot Bitcoin ETFs See $96M in Outflows, Snapping 4-Day Inflow Streak Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure During the ongoing market uptrend, Bitcoin continues to lead the bullish wave as the leading crypto asset records significant gains, pushing it to price levels above $95,000. While BTC’s price may have seen notable positive movements above $95,000, this key level now
Bitcoin’s Price Faces Risk Of A Pullback Once This Key Support Level Fails Read More »
US-listed spot Bitcoin exchange-traded funds (ETFs) are driving an aggressive wave of accumulation, buying nearly six times more Bitcoin last week than was created by miners. According to a May 4 report from asset allocator HODL15Capital, spot Bitcoin ETFs acquired 18,644 BTC over the past week. In contrast, only 3,150 BTC were mined during the
Spot Bitcoin ETFs Scooped Up Nearly 6x More BTC Than Miners Produced Past Week Read More »
The proposed ETF would provide direct exposure to SUI’s market price. The fund does not include a staking component, in contrast to similar applications from other issuers such as Canary Capital. The Sui ETF proposal adds to a wave of more than 70 crypto ETF filings under SEC review. Asset manager
21Shares seeks SEC approval for Spot Sui ETF in US market Read More »
A portion of the trust’s holdings will be staked via third-party infrastructure providers. According to the filing, the ETF would offer direct price exposure to SEI, the native token of the Sei network. The Sei filing joins a growing queue of over 70 pending crypto ETF applications currently under SEC review.
Canary Capital seeks SEC approval for staked SEI ETF Read More »
Asset manager 21Shares has submitted a proposal to list a spot Dogecoin exchange-traded fund (ETF). Other firms, including Grayscale, Bitwise, and REX Shares, have also submitted applications for similar Dogecoin ETFs. The SEC is currently said to be reviewing over 70 crypto ETF applications, Asset manager 21Shares has submitted a proposal
Nasdaq files to list 21Shares’ Dogecoin ETF Read More »
