BlackRock and Fidelity continues to see inflows for their spot Bitcoin ETFs eating the market share from Grayscale as GBTC continues to bleed amid high management fees.
A little-noticed SEC filing from Morgan Stanley has the potential to shake up trillions of dollars in ETF and mutual fund assets.
The ETH ETF amendment from ARK shows that there is a provision for cash creation and redemption, in addition to the possibility of staking.
Despite the slowdown in net inflows, Bitcoin ETFs have demonstrated resilience, with total net inflows reaching $1.56 billion.
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.
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.
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.