ETF | ForkLog - Part 33

ForkLog 23 23.07.2024

SEC Approves S-1 Filings for ETH-ETF; Trading Begins July 23

The SEC has approved S-1 filings for ETH-ETF, with trading set to commence on July 23. Experts do not anticipate a frenzy following the launch, citing risks of increased volatility and a potential Ethereum pullback. The U.S. Securities and Exchange Commission (SEC) has registered S-1 filings for spot Ethereum-ETFs, with trading of these products beginning […]

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ForkLog 8 22.07.2024

Expert Warns of Ethereum Pullback Risks Following ETF Launch

Ethereum options have seen a sharp rise in implied volatility (IV). According to Valentin Fournier from BRN, this suggests a risk of a sell-off wave following the ETF launch, with a gradual recovery thereafter, reports The Block. The SEC approved July 23 as the start date for trading spot exchange-traded funds based on the second-largest […]

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ForkLog 9 22.07.2024

Crypto Investment Inflows Surpass $3 Billion Since July

Inflows into cryptocurrency investment products from July 13 to 19 amounted to $1.35 billion, compared to $1.44 billion the previous week. Since the beginning of July, the figure has reached $3.24 billion, according to CoinShares. Data: CoinShares. Trading volume for ETP surged by 45% to $12.9 billion. Clients added $1.27 billion to bitcoin-related products, compared […]

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ForkLog 12 22.07.2024

Expert Predicts Launch of ETF Based on BTC, ETH, and SOL Basket

Applications for ETFs combining Bitcoin, Ethereum, and Solana are expected to emerge in the coming months, according to Nate Geraci, president of The ETF Store. Prediction… An ETF issuer will file for combined spot btc, eth, & sol ETF in next few months. We’re quickly heading down path towards index-based & actively managed crypto ETFs. […]

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ForkLog 11 20.07.2024

ETH-ETF Launch Boosts Market Sentiment

Bitcoin surpassed $66,000, while Ethereum reached $3,500 following the announcement of the start date for trading spot ETH-ETFs. Despite positive factors, the second-largest cryptocurrency by market capitalization faces a potential supply crisis. Following the confirmation of the start date for trading spot Ethereum-ETFs on the CBOE, digital gold held steady above $66,000. According to the […]

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ForkLog 11 19.07.2024

Ethereum ETF Could Boost Altcoins, Says Expert

The launch of an ETF based on the spot price of Ethereum may potentially have a positive impact on altcoins. This view was expressed by Darius Tabai, CEO of DEX Vertex Protocol, in a conversation with The Block. “Given the commotion and lack of clarity surrounding the launch of spot exchange-traded funds based on Ethereum, […]

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ForkLog 9 19.07.2024

Binance CEO Anticipates Steady Inflows to Spot Ethereum ETFs

Spot Ethereum ETFs are expected to ensure a steady and significant capital inflow over time, according to Binance CEO Richard Teng, as reported by Cointelegraph. The expert expressed skepticism regarding the scale of inflows into these products following their listing. “It is unlikely they will be dramatic at the initial stage. Inflows will fluctuate depending […]

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ForkLog 10 18.07.2024

BTC-ETF Inflows Continue for Ninth Consecutive Day

On July 17, inflows into spot Bitcoin ETFs reached $53.35 million, marking the ninth consecutive day of positive momentum, according to SoSoValue. During this period, investors poured $1.97 billion into these instruments. Data: SoSoValue. Inflows into BlackRock’s IBIT amounted to $110.37 million, while Fidelity’s FBTC saw $2.83 million. Clients withdrew $5.99 million from Bitwise’s BITB. […]

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ForkLog 33 18.07.2024

SEC Approves Grayscale and ProShares Applications for Ethereum ETFs

The SEC has approved applications for a mini Ethereum-based ETF from Grayscale and an exchange-traded fund from ProShares. Trading of these instruments is expected to commence on July 23, by which time other spot ETH-ETF issuers will have met SEC requirements. The products do not currently include staking, though this may change in the future. […]

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ForkLog 12 17.07.2024

Bitwise Predicts Ethereum Surge Beyond $5000 Following ETF Launch

The introduction of exchange-traded funds (ETFs) based on Ethereum’s spot price is expected to propel the cryptocurrency’s value to historic highs above $5000, according to a report by CoinDesk, citing Bitwise. Matt Hougan, the company’s Chief Investment Officer, noted that initial price movements might be volatile due to fund outflows from the Grayscale Ethereum Trust. […]

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ForkLog 8 17.07.2024

Glassnode Assesses Impact of ETF Flows, Mt.Gox Payouts, and German Government Actions

The Bitcoin market has absorbed 48,000 BTC linked to the German government and is anticipating further sales from Mt.Gox clients. Analysts at Glassnode have examined these factors, as well as the role of ETFs. The #Bitcoin market recently absorbed over 48k BTC in sell-side sourced from the German Government. With Mt Gox distributions also on […]

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ForkLog 17 16.07.2024

Spot Ethereum-ETF Launch Date Announced

Senior Bloomberg exchange analyst Eric Balchunas has announced that trading of spot ETH-ETFs in the United States will commence on July 23. Update: Nate’s instincts were right, hearing SEC finally gotten back to issuers today, asking them to return FINAL S-1s on Wed (incl fees) and then request effectiveness on Monday after close for a […]

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