Tag: ETFs

BlackRock argues SEC has no grounds to treat crypto futures and spot ETFs differently

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BlackRock has argued that the U.S. Securities and Exchange Commission doesn’t have any legitimate reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently. BlackRock’s plan for a spot-Ether (ETH) ETF called the “iShares Ethereum Trust” was officially confirmed on Nov. 9, after Nasdaq submitted the 19b-4 application form to the SEC on the firm’s behalf. In its application, BlackRock called the SEC’s treatment of spot crypto ETFs into question, as it asserted that the agency bases its reasons for continually denying these applications on incorrect regulatory distinctions between futures…

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Ethereum futures ETFs garner lukewarm reception on first day of trading

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The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison. On Oct. 2, nine new ETF products, which are designed to track futures contracts tied to the value of Ethereum’s native currency Ether (ETH) arrived on the market. Of these funds only five hold exclusively Ether futures, while the other four track a mixture of Bitcoin and ETH futures contracts. “Pretty meh day of volume,” wrote senior Bloomberg ETF analyst Eric…

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Ether futures ETFs launching, SBF trial to begin, 3AC’s Su Zhu arrested

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Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the coming days. On Sept. 28, the firm told Cointelegraph that its Bitcoin Strategy ETF will allow investors access to Ether and Bitcoin futures “under one wrapper,” making it one of the first firms to do so amid several pending applications with the U.S. Securities and Exchange Commission. Starting Oct. 3, the fund’s name will be updated to the Valkyrie Bitcoin and Ether Strategy ETF. Asset manager…

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Expect new crypto regulations to follow Bitcoin ETFs

coiner

Aside from liquidity, what do institutions bring to crypto? What precisely is their value added? This is an instructive question to ponder, because there is little consensus on what deeper institutional participation means for an industry that is riven with contradictions. The long-running wait for Bitcoin ETF approval, giving pensions and funds exposure to BTC, may well prove to be a positive catalyst for industry growth. But in focusing on price action, observers are missing out on the real benefit of broadscale institutional adoption. The greatest benefit of deepening institutional…

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Bloomberg Analysts: Spot Bitcoin ETFs Now Have 75% Odds of Launching This Year

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Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart raised their odds of a spot Bitcoin ETF approval by the SEC to 75% by the end of this year, and 95% by the end of 2024. “The chances of the SEC approving spot Bitcoin ETFs this year have risen from 75% from 65% following Grayscale’s court win, we believe, while the odds by the end of 2024 reach 95%,” said the analysts. “The judges unanimously repudiated the SECs arguments, and the agency will struggle to justify further denials as it faces deadlines,…

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Ether Futures ETFs could all get approval at same time: Report

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The United States Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) at the same time, the Wall Street Journal reported, citing sources familiar with the matter.  Since July, the regulator has been flooded with applications from several investment firms, including requests combining futures Bitcoin (BTC) and Ether strategies. As of now, the SEC has not instructed the firms to withdraw their applications, a change from 2021 when firms were instructed to withdraw similar applications. This suggests that the regulator won’t block…

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How to use index funds and ETFs for passive crypto income

coiner

The key to gaining financial security and independence is to invest in passive income. Passive income is generated through investments that offer a consistent source of income with little continuing involvement, in contrast to active income, which necessitates constant effort and time. Passive income is especially valuable because it enables investors to amass wealth and live independently. Passive income investing, explained Investing in index funds and exchange-traded funds (ETFs) is a popular passive income strategy in the traditional financial market. Index funds are passively managed mutual funds that seek to…

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