US-listed spot Bitcoin exchange-traded funds (ETFs) are seeing a pointy reversal in fortunes this month, attracting practically $2 billion in recent inflows after a bruising August marked by heavy redemptions. Data from SoSoValue reveals that 12 Bitcoin ETF merchandise logged inflows in six of the primary eight buying and selling periods of September. Over the…
Fidelity and Canary have moved a step nearer of their bid to launch altcoin-focused exchange-traded funds (ETFs) within the United States. On Sept. 11, the Depository Trust & Clearing Corporation (DTCC) quietly added three spot ETF merchandise, together with Fidelity’s Solana ETF (FSOL), Canary’s HBAR ETF (HBR), and Canary’s XRP ETF (XRPC), to its platform….
The 5 crypto exchange-traded funds (ETFs) from REX Shares and Osprey Funds are possible to debut solely next week with a structure akin to their Solana SSK ETF, regardless of the Securities and Exchange Commission (SEC) approval. The REX-Osprey ETFs employed a registered funding firm (RIC) structure, which distinguishes them from each conventional spot crypto…
BlackRock explores tokenizing exchange-traded fund (ETF) shares as a part of its push to expand its digital asset infrastructure past conventional market boundaries. As Bloomberg News reported on Sept. 11, the agency weighs creating blockchain-based variations of ETFs tied to real-world belongings (RWA), together with shares, in accordance to sources accustomed to the confidential planning….
U.S. spot Bitcoin ETFs took in over a billion {dollars} of web inflows over the previous week as Bitcoin price confirmed power above $110,000, organising a clear check of provide and demand if the Federal Reserve cuts charges subsequent week. Farside Investors exhibits $741.5 million on the day, with Fidelity’s FBTC at $299.0 million and…
The Securities and Exchange Commission (SEC) delayed decisions on three crypto exchange-traded funds (ETFs) on Sept. 10. The decisions postponed BlackRock’s Ethereum staking proposal alongside Franklin Templeton’s spot XRP and Solana ETF functions. The delays come because the SEC develops a generic listing framework that would streamline future crypto ETF approvals. The postponements place these…
SOL Strategies CEO Leah Wald outlined how Solana-focused digital asset treasury corporations can drive institutional adoption and exchange-traded fund (ETF) flows. In an interview with CryptoSlate, Wald famous that a number of Solana treasury corporations create a “rising tide” impact much like Bitcoin miners benefiting alongside Bitcoin ETF inflows. She famous the parallel between Bitcoin…
Bloomberg analyst Eric Balchunas mentioned the primary US exchange-traded fund linked immediately to Dogecoin will debut Thursday, Sept. 11. In a Sept. 9 update on X, he mentioned Rex-Osprey’s deliberate DOGE ETF (ticker: DOJE) alerts the beginning of what he described because the “memecoin ETF period.” Balchunas emphasised the fund’s uncommon nature, noting that it…
Bitcoin and Ethereum face a fourth quarter formed by Federal Reserve cuts and ETF demand. Markets are leaning towards a September coverage transfer after the weakest month-to-month jobs acquire since 2020, and crypto’s near-term path hinges on how fee expectations translate into spot ETF flows, funding prices, and choices hedging. According to the Bureau of…
Stablecoin issuer Tether is one of the most important company accumulators of Bitcoin over the past 12 months, including extra cash to its treasury than almost all spot exchange-traded funds (ETFs). On Sept. 8, Tether CEO Paolo Ardoino shared information displaying that the stablecoin issuer secured greater than 27,700 BTC in the previous year. Of…