
Bitcoin Spot ETFs Record $103 Million Daily Inflows after Challenging Week
Bitcoin spot ETFs closed the week with a $103 million daily inflow after facing significant outflows earlier.
Bitcoin spot ETFs closed the week with a $103 million daily inflow after facing significant outflows earlier.
$28.86 million Ether shorts and $29.61 million ETH longs were liquidated in the past 24 hours.
The Solana (SOL) network is a thriving Web3 ecosystem, with nearly $5B in TVL, bolstered by institutional investors and retail traders.
The companies said the rollout of the fund could be viewed as a significant step forward in enhancing the financial infrastructure of Hong Kong’s ETF market.
Franklin Templeton’s foray into the ETH ETF space comes on the heels of its recent launch of a spot Bitcoin ETF, among 10 other issuers.
The SEC has instituted proceedings that include a call for public comments as it delays a decision on Grayscale’s ETH ETF.
The SEC chair said that the Bitcoin ETF approval stays limited to one commodity, hinting that the agency isn’t thinking of approving an Ethereum ETF. Also, the agency delayed its decision on BlackRock’s spot Ethereum ETF.
Currently, seven ETH spot ETF applications are awaiting SEC review, with VanEck leading the queue.
While BlackRock CEO Larry Fink has shown interest in Ethereum by discussing tokenization, Sui Chung, the CEO of CF Benchmarks, believes that a comprehensive educational approach is essential for a deeper understanding.