ETF | ForkLog - Part 48

ForkLog 17 08.02.2024

ARK Invest Proposes Boosting Ethereum ETF Returns Through Staking

ARK Invest and 21Shares have proposed that the SEC approve the use of staking in a spot Ethereum ETF. The options market indicates increased expectations for product approval in May and growing uncertainty due to the Fed’s policies. On February 7, ARK Invest and 21Shares submitted an updated application for the launch of a spot […]

AI translated

ForkLog 20 07.02.2024

SEC Postpones Decision on Invesco and Galaxy’s Spot Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the application for a spot Ethereum ETF by Invesco and Galaxy. The agency had previously postponed the review date for several funds. This time, the SEC also announced the “initiation of proceedings” to gather additional public information regarding the listing of investment products. […]

AI translated

ForkLog 39 06.02.2024

Europe Leads Ethereum ETF Market with 81% Share

Europe and Canada account for nearly 98% of the $5.7 billion Ethereum ETF market. The introduction of spot ETFs in the US could significantly alter the landscape. Amidst expectations for the approval of spot Ethereum ETFs in the US, CoinGecko experts have examined the global market for such products, revealing the dominance of Europe and […]

AI translated

ForkLog 11 05.02.2024

Cryptocurrency Inflows Surpass $1.5 Billion Since Start of Year

Inflows into cryptocurrency investment products amounted to $708 million from January 27 to February 2, bringing the total since the start of the year to $1.58 billion, according to a report by CoinShares. A week earlier, analysts recorded an outflow of $499.7 million. Assets under management increased to $53 billion. Data: CoinShares. Net inflows into […]

AI translated

ForkLog 20 05.02.2024

Bitcoin ETFs by BlackRock and Fidelity Among Top 10 in US for Inflows

In January, Bitcoin exchange-traded funds (ETFs) from BlackRock and Fidelity ranked among the top ten US ETFs by asset inflows, collectively amassing $4.8 billion. Two spot bitcoin ETFs among top 10 of *all* ETF inflows in January… Never thought I’d see the day. via @MorningstarInc pic.twitter.com/o7L5CEu5Ef — Nate Geraci (@NateGeraci) February 3, 2024 According to […]

AI translated

ForkLog 14 01.02.2024

Net Inflow to Spot Bitcoin ETFs Nears $1.5 Billion

On January 31, the net inflow into spot Bitcoin ETFs reached $197 million, marking the fourth consecutive day of positive momentum. According to SoSoValue, the total net inflow of Bitcoin spot ETF on January 31 was US$197 million, and it has been net inflow for four consecutive days. Grayscale GBTC had a single-day net outflow […]

AI translated

ForkLog 72 01.02.2024

BlackRock Unveils Bitcoin ETF Advertising Campaign on Building Facades

On January 31, financial giant BlackRock submitted plans to the SEC for the marketing of its spot bitcoin ETF under the ticker IBIT. The company plans to project an advertisement for the exchange-traded fund on the facades of former financial institution buildings in New York, Los Angeles, and Miami. The promotional footage features a changing […]

AI translated

ForkLog 9 31.01.2024

Bitcoin’s Resilience Amid GBTC Sell-Off Highlighted by Experts

Net capital flows into spot Bitcoin ETFs have strengthened, despite the supply overhang caused by exits from the GBTC by Grayscale. This conclusion was reached by Glassnode. The Bitcoin market continues to show resilience, recovering from the initial sell-the-news drawdown following ETF approvals. In particular, the market is working through the significant supply overhead created […]

AI translated

ForkLog 64 31.01.2024

Standard Chartered Predicts SEC Approval of Spot Ethereum-ETF in May

The SEC is expected to approve spot Ethereum-ETFs on May 23, by which time the price of the second-largest cryptocurrency by market capitalization could reach $4000, according to a forecast by Standard Chartered, reports The Block. Analysts based their growth target on the situation with Bitcoin following the approval of a spot exchange-traded fund based […]

AI translated

ForkLog 8 30.01.2024

Bitcoin ETFs Acquire $6.52 Billion in BTC, Challenging GBTC

As of January 29, nine spot Bitcoin ETFs launched since January 11 hold 150,846 BTC ($6.52 billion), according to K33 Research. January 30 150,000 BTC is held by the new ETFs — in less than three weeks! Significant slowdown of GBTC outflows led yesterday to see the strongest daily U.S. spot flows since January 17. […]

AI translated

ForkLog 21 30.01.2024

GBTC Outflows Slow as Google Permits ETF Advertising

GBTC investors continue to take profits, but at reduced volumes. Other issuers are lowering management fees. Google has started allowing bitcoin ETF advertisements. Outflows from the Grayscale Bitcoin Trust ETF (GBTC) have reached $5 billion since its conversion, potentially prompting withdrawals from crypto funds in Europe and Canada, according to a report by CoinShares. ETF […]

AI translated

ForkLog 24 29.01.2024

Analysts Doubt Approval of Ethereum ETF Before 2026

The U.S. Securities and Exchange Commission (SEC) is expected to approve an ETF based on the spot price of Ethereum by late 2025 or early 2026, according to investment bank TD Cowen, reports The Block. Analysts believe a positive decision from the SEC is unlikely this year. “This is a political call. We believe SEC […]

AI translated

#ETF