This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
Grayscale CEO Sonnenshein ask the SEC to approve options for GBTC, adding that the Commission has already approved same for futures ETFs.
Bloomberg ETF analyst Eric Balchunas noted that the overall record-breaking trading volumes weren’t restricted to spot ETFs alone.
The move by Ark Invest and 21Shares to integrate with the Chainlink network will help level up transparency and confidence in ARKB.
The enthusiasm for Bitcoin-related ETFs was further underscored by data indicating that US-listed spot Bitcoin ETFs collectively traded over $2 billion.
Benchmarks expects MicroStrategy stock price to rally an additional 15% from here while Bitcoin price is likely to reach $125,000 in 2025.
Since the launch of ETFs, Bitcoin (BTC) has broken above all the significant levels and might be targeting a new all-time high.
Block announced that it will continue to focus on gaining more customers with the current employee base after registering double-digit percentage gains in gross profits.
The S&P Global Ratings report states that using institutional custodians for staking on Ethereum ETFs could exacerbate network concentration.
The Coinbase legal team argued that Ethereum is highly decentralized and viewed as a commodity as much Bitcoin, thus its spot ETFs should be approved soon.
The VanEck spot Bitcoin ETF (HODL) trading volumes spiked by 2,200% on Tuesday as it intends to lower its offering fees from 0.25% to 0.20%, as per regulatory filings.
The volume of VanEck’s ETF saw a significant spike following the firm’s preparation to reduce its fee, giving the product an advantage.
A network of RIAs will now begin allocating funds for investment to the Bitcoin market through BITB, the spot Bitcoin ETF from Bitwise.
Marketing for Bitcoin ETFs has taken some interesting turns since Bitwise released the first ad in mid-December 2023, close to a month before spot Bitcoin ETFs were approved.
The rising inflows coincide with an increase in the price of Bitcoin, which has surged nearly 25% year-to-date.
The majority of US spot Bitcoin ETF issuers have set their sponsor fee between 0.19% and 0.25%, but the high competition could easily cause further lowering in the near term.