ETF | ForkLog - Part 31

ForkLog 19 08.08.2024

NYSE Plans to Launch Options on Ethereum ETFs

The New York Stock Exchange (NYSE) has approached the SEC with a proposal to amend rules, enabling it to list and offer trading of options based on spot Ethereum ETFs from Bitwise and Grayscale.

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ForkLog 63 08.08.2024

Brazilian Regulator Approves Solana ETF

The Brazilian Securities and Exchange Commission has approved the launch of the country’s first exchange-traded fund (ETF) based on SOL, reports Exame. For trading to commence, the new instrument must be listed by the Brazilian stock exchange B3. The product will track the CME CF Solana Dollar Reference Rate, an index created by CF Benchmarks […]

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ForkLog 16 07.08.2024

Solana Meme Coins Surge Amid SOL-ETF Optimism

The “cat” meme token POPCAT increased in value by 35%, while the “dog” token WIF rose by 26%, according to CoinGecko. The sharp rise of such Solana-based assets contrasts with competitors on other blockchains, which have not shown such positive dynamics. This divergence may be explained by Solana’s sharp rebound, recovering losses from Friday to […]

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ForkLog 15 06.08.2024

Capula Hedge Fund Holds $464 Million in Bitcoin ETFs

As of July 30, the British hedge fund Capula Investment Management held spot bitcoin ETFs totaling approximately $464 million. This is evidenced by the company’s report to the SEC. According to the documents, Capula’s assets are represented as follows: 4 million shares of Fidelity Wise Origin Bitcoin ETF (FBTC) valued at $211 million; 7.4 million […]

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ForkLog 10 06.08.2024

Investors Increase Ethereum ETF Holdings Amid Crypto Market Downturn

On August 5, total inflows into ETH-ETF reached $48.7 million, marking the second-highest result since the products were approved. This data is provided by SoSoValue. The net outflow for the entire period decreased to $462 million. Data: SoSoValue. Total withdrawals from the Grayscale Ethereum Trust (ETHE) increased to $2.16 billion. On August 5, the figure […]

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ForkLog 60 03.08.2024

Morgan Stanley to Offer Bitcoin ETFs to Clients

Fifteen thousand financial advisors at Morgan Stanley will offer exchange-traded funds based on the leading cryptocurrency to their clients, according to CNBC, citing sources. The funds in question are IBIT from BlackRock and FBTC from Fidelity. The offering will be available to clients with a net worth of at least $1.5 million starting Wednesday, August […]

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ForkLog 5 31.07.2024

Ethereum Volatility Set to Increase, Experts Predict

Ethereum is expected to experience more significant price fluctuations compared to Bitcoin, with the monthly volatility premium for the asset in “long-term” options rising from 4% to 8%, according to QCP Capital. Analysts favour accumulating the second-largest cryptocurrency by market capitalisation, citing the attractiveness of its prices given the rise in implied volatility. Experts noted […]

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ForkLog 9 30.07.2024

Ethereum ETF Outflows Slow to $98 Million

On July 29, investors withdrew $98.3 million from spot Ethereum ETFs. The previous day’s figure was $162.7 million, according to SoSoValue. Net outflows since the approval of these products have risen to $439.6 million. The reason lies in clients reducing their positions in Grayscale’s ETHE. On July 29, investors pulled $210 million from the instrument, […]

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ForkLog 6 29.07.2024

Cryptocurrency Inflows Reach $4.6 Billion Since July

Inflows into cryptocurrency investment funds from July 20 to 26 amounted to $245 million. Since the beginning of July, the figure has reached $4.56 billion, according to CoinShares. Data: CoinShares. The turnover of ETP surged to a May high of $14.5 billion. Thanks to the recovery in prices, the total volume of assets reached $99.1 […]

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ForkLog 13 29.07.2024

Grayscale’s Ethereum ETF Sees Outflows Exceeding $1.5 Billion

On July 26, investors withdrew $356.3 million from the Grayscale Ethereum Trust (ETHE), bringing the total outflow since the approval of the products to $1.51 billion, according to SoSoValue. The total outflow across all ETH-ETFs for the last reporting day was $162.67 million, with a cumulative outflow of $341.4 million. Due to improved market conditions, […]

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ForkLog 4 26.07.2024

BlackRock Questions Expansion of Approved Crypto ETFs

BlackRock is confident in the approval of crypto ETFs based on new altcoins in the near future. The obstacles are the SEC’s stance and the “immaturity” of alternatives. A SOL-ETF might not appear before March 2025, contingent on a positive outcome in the US presidential elections in November. Following the launch of spot ETH-ETFs, the […]

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ForkLog 3 26.07.2024

Ethereum ETF Experiences $152 Million Outflow

On July 25, the net outflow from spot Ethereum ETFs amounted to $152.3 million, according to SoSoValue. Inflows into “new” Ethereum-based exchange-traded products were insufficient to offset the $346.2 million withdrawn by clients from Grayscale’s ETHE. Trading volume fell from $1.05 billion to $955.9 million. Inflows into CETH from 21 Shares and EZET from Franklin […]

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