Tag: ETFs

These crypto ETFs are ‘call options’ on the US elections

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The United States presidential election on Nov. 5 may determine the fate of more than a half dozen proposed cryptocurrency exchange-traded funds (ETFs) waiting on a green light from regulators. In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including Solana (SOL), XRP (XRP) and Litecoin (LTC), among others. Issuers are also waiting on approval for several planned crypto index ETFs designed to hold diverse baskets of tokens. In effect, these filings are “call options on a Trump victory” in the US presidential race,…

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Weekly ETF Recap: 3rd Straight Week of Gains as Bitcoin ETFs Attract $1.81 Billion

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Bitcoin ETFs posted a $1.81 billion net inflow for the week ending May 2, marking their 3rd consecutive week in the green. Ether ETFs also saw another week of gains, pulling in $106.75 million and extending their rebound. Bitcoin ETFs Keep Winning Streak Alive As Ether ETFs Follow with $106 Million The streak continues for […] Source link

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Bitcoin, Ethereum combo fund to lead ‘wave’ of crypto ETFs in 2025: Analysts

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An exchange-traded fund (ETF) tracking both Bitcoin and Ether is expected to be the first in a “wave” of new United States crypto funds in 2025, senior Bloomberg ETF analyst Eric Balchunas said. “We expect a wave of cryptocurrency ETFs next year, albeit not all at once,” Balchunas posted to X on Dec. 17, sharing an analysis from fellow ETF analyst James Seyffart.  The duo anticipates the first new Bitcoin (BTC) and Ether (ETH) combo fund to be followed by ETFs tracking Litecoin (LTC) or Hedera (HBAR). Seyffart noted that…

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Emory University Holds Over $16M in Bitcoin ETFs and Coinbase Shares

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Emory University has disclosed ownership of over $15 million in shares of the Grayscale Bitcoin Mini Trust, according to a recent filing with the U.S. Securities and Exchange Commission. This announcement marks Emory as the first American endowment to publicly report exposure to bitcoin. In addition to its bitcoin investment, Emory holds 4,312 shares of […] Source link

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Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM

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The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year. NEW: 🇭🇰 Hong Kong #Bitcoin ETFs surpass HK $2 billion in assets under management. China is getting prepared 🙌 pic.twitter.com/GQZC1Z5UFC — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024 The milestone comes just months after Hong Kong approved its first spot bitcoin ETFs, following similar moves in the U.S. and Europe. The ETFs provide exposure to Bitcoin prices without directly owning Bitcoin. While volumes have been…

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Goldman Sachs Holds Over $400M in Spot Bitcoin ETFs

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Goldman Sachs has disclosed $418 million holdings in spot Bitcoin exchange-traded funds (ETFs), signalling a growing institutional appetite for Bitcoin exposure. BREAKING: 🇺🇸 Goldman Sachs reports holding over $400 million in spot #Bitcoin ETFs in new SEC filing 👀 pic.twitter.com/n4nWDfCm6w — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024 In a quarterly filing, the Wall Street titan revealed investments in 7 different Bitcoin ETFs available in the U.S. market. Its largest position was in BlackRock’s iShares Bitcoin Trust (IBIT), worth nearly $240 million. Goldman also held shares of the $79.5 million Fidelity…

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Capula Management Invests $464 Million in Bitcoin ETFs, Signaling Institutional Interest

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Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing $464 million in spot Bitcoin exchange-traded funds (ETFs). This substantial investment underscores the growing institutional interest in bitcoin, even amid market fluctuations. Capula’s step highlights […] Source link

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TD Bank Releases Commercial Explaining The Bitcoin Halving And Promotes ETFs

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TD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin’s supply and demand dynamics. JUST IN: TD Bank subsidiary releases commercial explaining the #Bitcoin halving and promotes spot Bitcoin ETFs after 👀 pic.twitter.com/a8YTClIhMf — Bitcoin Magazine (@BitcoinMagazine) April 11, 2024 The video underscores this year’s approval of spot Bitcoin Exchange Traded Funds (ETFs) in the United States,…

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$30 billion RIA Platform Carson Group Approves To Offer Spot Bitcoin ETFs To Clients

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Carson Group, a significant $30 billion registered investment adviser (RIA) platform, has recently announced its approval to offer four spot Bitcoin exchange-traded funds (ETFs) to its clients, according to a Bloomberg report. Out of the recent batch of US-listed spot Bitcoin ETFs, Carson Group has greenlit BlackRock’s iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and the Franklin Bitcoin ETF. JUST IN – $30 billion RIA platform Carson Group has approved to offer these four spot #Bitcoin ETFs to their clients: – BlackRock– Franklin– Bitwise– Fidelity — Bitcoin…

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Spot Bitcoin ETFs Are Coming Soon. How Will They Be Redeemed?

coiner

BlackRock and Grayscale recently met with the Securities and Exchange Commission (SEC), presumably to discuss the approval requirements for their spot Bitcoin ETF applications. Coinbase, which offers both Bitcoin custody and Bitcoin brokerage products, has emerged as the proposed custodian for the Bitcoin assets of several ETF applicants. Mike Belshe, CEO of BitGo, recently raised concerns about Coinbase’s dual role as an exchange and custodian. Although his position is clearly aligned with his self-interest, since BitGo is a custodian that does not operate an exchange, Belshe warned that Coinbase’s dual…

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