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Nasdaq's Bitcoin ETF Shift Could Strengthen BlackRock's Market Position
Monday, January 27, 2025 - 4:31pm | 583Nasdaq has taken a decision on Bitcoin ETFs, particularly aimed at BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT), that may make existing and potential Bitcoin investors breathe a sigh of relief. On Jan. 24, in an SEC filing, the exchange proposed a rule change, seeking to introduce "in-kind"...
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Bitcoin, Ethereum ETFs Attract Record Inflows Despite Market Volatility, Policy Uncertainty
Wednesday, January 22, 2025 - 5:48pm | 551Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs registered inflows of $3.26 billion and $74.43 million, respectively, over the past four days. The surge comes despite President Donald Trump‘s unexpected omission of crypto-talk in his inauguration speech and the following volatility...
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Riot's Crypto Mining Success Spurs Investor Interest With Defiance's New ETF
Tuesday, January 7, 2025 - 11:45am | 614Bitcoin mining and digital infrastructure titan Riot Platforms (NASDAQ:RIOT) is currently in focus in the blockchain world. According to its December operations update, steady growth in Bitcoin production and infrastructure development ruled the 2024. With approximately 17,722 BTC on its balance...
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Millennials Favor Crypto ETFs As Top Investment Asset, Schwab Reports Growing Bullish Sentiment Among ETF Investors
Thursday, October 10, 2024 - 3:00pm | 522A recent Schwab Asset Management study indicates ETF investors' sentiment remains upbeat despite market and political uncertainty. What Happened: The 2024 edition of "ETFs and Beyond," an annual study by Schwab Asset Management, stated that 75% of survey respondents feel confident their portfolios...
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Direxion Launches Two New Crypto ETFs: One For Bulls, One For Bears
Wednesday, July 17, 2024 - 9:00am | 443Direxion, a prominent provider of tradeable and thematic ETFs, has announced the launch of two innovative funds: the Direxion Daily Crypto Industry Bull 2X Shares (NYSE:LMBO) and the Direxion Daily Crypto Industry Bear 1X Shares (NYSE:REKT). These funds offer traders opportunities to capitalize on...
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Hong Kong Financial System Invites Spot Crypto ETF Applications, Lays Out Guidelines
Friday, December 22, 2023 - 12:45pm | 403Hong Kong’s financial regulator has issued a circular to indicate that it is ready to accept spot crypto exchange-traded fund (ETF) applications. What Happened: The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) announced that they have received a rising...
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BlackRock Moves Forward With Bitcoin ETF, Confirms Coinbase As Custodian In Form S-1 Registration
Thursday, June 15, 2023 - 5:54pm | 512In the face of the U.S. Securities and Exchange Commission's (SEC) amplified scrutiny on the crypto industry and Bitcoin (CRYPTO: BTC) prices currently hovering at the $25,000 mark, BlackRock Inc (NYSE: BLK), the world's largest asset manager, seems undeterred about its...
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The Place of Crypto ETFs Amid Growing Economic Uncertainties
Wednesday, June 1, 2022 - 7:42pm | 864Daniele Casamassima, CEO at Pure. The evolution of the cryptocurrency industry has given rise to some financial products emerging out of the crypto ecosystem. One of these is Exchange Traded Fund (ETF) products. A crypto ETF is a pool of crypto-related products traded as ETFs on traditional bourses...