On Monday, the SEC requested for updates to 19b-4 filings for spot Ether ETFs.
Ethereum spearheaded the altcoin rally, driven by renewed optimism about the approval of spot ETH ETFs by the US SEC.
The open interest for the monthly expiry of Ethereum options has surged to $3.2 billion with the call-to-put ratio favouring the buy options.
Despite this positive trend, overall flows for these ETFs remain below their March peak.
In order to launch Ethereum ETFs on Wall Street, the SEC must approve two crucial elements: the 19b-4 filings and the S-1 registration statements.
On-chain data shows short-term Bitcoin (BTC) holders have been offloading to long-term holders, a characteristic of an inevitable uptrend.
Grayscale’s Bitcoin Investment Trust (GBTC) witnessed the first net inflow of $4.64 million since its conversion in January after it had experienced huge net outflows.
The performance of these Hong Kong-based ETFs has been disappointing compared to the success of the US-based spot ETFs, which hold $55 billion in total value.
Under the collaboration with OpenAI, which contributed to the RDDT surge on Thursday, Reddit said it had selected the company as its advertising partner.
Being listed on top crypto exchanges like Binance and OKX makes Notcoin more visible to a wider audience.
Lower-than-expected April CPI data (0.3%) boosts markets on hope of Fed rate cuts and increased liquidity.
Institutional demand for Bitcoin has driven the recent bullish narrative, a month after the fourth BTC halving event.
CME Group aims to tap into the growing interest in Bitcoin among major players in the financial sector to establish a regulated marketplace that offers users direct exposure to the kingcoin.
This new feature will also be a source of passive income for lead traders, as they are entitled to a 10% profit share and 10% commissions from their copy traders’ trading fees.
Interactive Brokers, one of the leading global electronic brokers based in the United States, is expanding its presence in the crypto industry with the rollout of digital asset trading services to British customers through its UK unit.