The cryptocurrency market is poised for significant growth in the latter half of 2024, according to CCData’s latest Outlook Report. The report highlights several key trends that could shape the future of digital assets. One of the most exciting developments is the approval of spot Bitcoin and Ethereum ETFs in the United States. This move […]
The cryptocurrency world is buzzing with excitement as two major players have entered the race to launch the first Solana (SOL) exchange-traded fund (ETF) in the United States. VanEck and 21Shares have both filed applications with the Securities and Exchange Commission (SEC) for spot Solana ETFs, marking a significant milestone for the popular blockchain platform. […]
Asset management giant BlackRock has filed paperwork with the SEC to amend its proposed spot Ethereum ETF following the recent approval for ETH ETF listings. This comes on the heels of the successful launch of several Bitcoin ETFs earlier this year. BlackRock filed an amended S-1 form for its proposed spot ether (ETH) exchange-traded fund […]
The U.S. Securities and Exchange Commission (SEC) unexpectedly approved the first spot Ethereum exchange-traded funds (ETFs) last week, triggering a strong rally in ETH price and a surge in derivatives market activity. According to data from Kaiko, ETH perpetual futures funding rates skyrocketed from year-to-date lows to multi-month highs within just three days of the SEC announcement. This suggests a rapid […]
In a surprise move, the U.S. Securities and Exchange Commission (SEC) has approved spot Ethereum exchange-traded funds (ETF) listing applications from major exchanges like Nasdaq, CBOE, and NYSE. This approval marks a significant step towards the potential launch of these products later this year. BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum […]
Ethereum prices have skyrocketed by 20% to reach a six-week high amid renewed hopes for the approval of a spot exchange-traded fund in the United States. Ethereum (ETH) prices soared to an intraday high of $3,700 during early trading in Asia on Tuesday, May 21. This marks the highest level for ETH since early April, […]
Ethereum, the world’s second-largest cryptocurrency, is experiencing a significant rally, with its price surging nearly 20% over the past 24 hours to reach $3,727. The cryptocurrency even touched an intraday peak of $3,842, its highest point in two months. This marks ether’s largest two-day gain in nearly two years. Ethereum ETF Approval Hopes Explodes The rally comes as investors eagerly […]
Bitcoin exchange-traded funds (ETFs) in the United States faced an unexpected wave of selling this Wednesday, with investors pulling out a staggering $563.7 million from 11 ETFs, marking the largest outflow since their inception on January 11. This comes despite Federal Reserve Chairman Jerome Powell’s recent comments dismissing immediate interest rate hikes. All Bitcoin ETFs in the […]
In a landmark moment for cryptocurrency investment in Asia, Hong Kong witnessed the introduction of its inaugural spot Bitcoin and Ether Exchange-Traded Funds (ETFs) on Tuesday, according to Reuters. Despite high expectations, the launch received a lukewarm response from investors, with the six ETFs experiencing varied results in their initial trading session. UPDATE: HONG KONG'S […]
