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.
Despite the delays, there’s optimism in the financial sector regarding Ethereum’s potential price rise.
The IBIT ETF from BlackRock is now the fifth-largest of all US ETFs by inflows, despite heavy outflows from Grayscale’s product.
BlackRock, Grayscale, Invesco, and several others now have Bitcoin ETF ads running on Google after rule changes took effect last week.
The meeting with the SEC is now another step in South Korea’s journey of developing its local crypto economy.
MetaLawMan predicted the SEC chair, whose term extends until 2026, may likely oppose the tradition if Trump eventually wins the election and becomes the new US President.
Fidelity’s Wise Bitcoin Fund (FBTC) and BlackRock’s IBIT have posted $6 billion in cumulative inflows in the past three weeks.
The Valkyrie Bitcoin Fund (BRRR) is the first spot BTC ETF to have two custodians including Coinbase and BitGo in a bid to ensure optimal security and higher competitiveness.
VSFG is aiming for a second-quarter submission for a spot Ethereum ETF. However, it shall happen subject to the approval and listing of its spot Bitcoin ETF in the first quarter.
Spot BTC ETFs enjoy bullish momentum based on consecutive cumulative net inflows despite BTC’s short-term pullback after the US Fed’s rate decision.
Ads for BlackRock’s Bitcoin ETF will be projected onto closed bank buildings, as per a new filing. The ads will show major milestones in the financial world, including the creation of Bitcoin.
According to Powell, its is unlikely that the Fed will be ready to cut interest rates at the March meeting.
On Tuesday’s market close, BlackRock and Fidelity recorded trading volumes of $383 million and $288 million, while Grayscale maintained the lead with $396 million.
While Grayscale’s GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day.
This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then.
GRIID’s public debut in Canada earlier this month showcased its determination to expand its presence beyond borders.