A closely followed analyst says that deep-pocketed crypto investors have accumulated a massive stockpile of Ethereum (ETH) in just four days. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 92,300 followers that crypto whales have scooped up hundreds of thousands of ETH in less than one week. […]
The post Crypto Whales Scoop Up $1,000,000,000 Worth of Ethereum (ETH) in Just Four Days, Says Analyst appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission (SEC) is delaying its decision on approving Ethereum (ETH) spot market exchange-traded fund (ETF) options. In a new filing, the regulatory agency says it will be delaying its choice as a means of allowing for more public input and expert analysis on whether the change would be consistent with […]
The post SEC Delays Decision on Spot Ethereum (ETH) ETF Options for Second Time appeared first on The Daily Hodl.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.
United States regulators are reviewing a request to list the first options tied to spot Ether (ETH) exchange-traded funds (ETFs) on NYSE American’s securities exchange, according to a Nov. 8 filing.
If approved, NYSE would be authorized to list options on Bitwise Ethereum ETF (ETHW), Grayscale Ethereum Trust (ETHE), Grayscale Ethereum Mini Trust (ETH), and “any trust that holds Ether,” the filing said.
The SEC’s decision is the latest sign the agency may be softening its stance on cryptocurrency products, particularly after crypto-friendly Donald Trump’s Nov. 5 presidential election win.
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
The United States presidential election on Nov. 5 could determine the fate of more than half a dozen proposed cryptocurrency exchange-traded funds (ETFs) waiting on a green light from regulators.
In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including Solana (SOL), XRP (XRP), and Litecoin (LTC), among others.
Issuers are also waiting on approval for several planned crypto index ETFs designed to hold diverse baskets of tokens.
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting. Vaneck to Wind Down Ethereum Futures ETF According […]
Some analysts are eying an Ether rally above $3,000, but traders may have to wait until October.
Inflows into Ether exchange-traded funds (ETFs) have turned positive for the first time in over two weeks.
The nine US spot Ether (ETH) ETFs recorded a cumulative $5.9 million worth of net positive inflows, marking the first green day since Aug. 14.
BlackRock’s ETF (ETHA) saw the largest daily inflow of $8.4 million, according to Farside Investors data.
The president of Ava Labs, the team behind layer-1 blockchain Avalanche (AVAX), says that he’s optimistic about Ethereum (ETH)-based exchange-traded funds (ETFs). In a new interview with Bloomberg Television, Ava Labs president John Wu says that over time, Ethereum ETFs will find success due to the competitive nature of the decentralized finance (DeFi) sector. “I […]
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Financial services giant Morgan Stanley is reportedly giving wealth advisors approval to offer Bitcoin (BTC) exchange-traded funds (ETFs) to wealthy clients. According to a new report by CNBC, a major Wall Street bank is giving its wealth advisors the go-ahead to pitch BTC ETFs to its customers for the first time. Anonymous sources familiar with […]
The post Morgan Stanley Gives Wealth Advisors the Go-Ahead To Offer Bitcoin (BTC) ETFs to Clients: Report appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission (SEC) is primed to greenlight at least three Ethereum (ETH) exchange-traded funds (ETFs) for trading next week, according to multiple reports.
The post SEC Likely To Approve Ethereum ETF Applications From BlackRock, VanEck and Franklin Templeton on Monday: Report appeared first on The Daily Hodl.
The price of Ethereum could be bolstered by inflows into upcoming U.S. spot ETFs, while Bitcoin faces headwinds from Mt. Gox creditor repayments.
The launch of spot Ether (ETH) exchange-traded funds (ETFs) could see the cryptocurrency outperform Bitcoin (BTC) in the weeks after they go live in the United States, say K33 Research analysts.
The ETFs, expected to launch as soon as July 8, are a “golden egg” for ETH’s price, while Bitcoin is set to face selling pressure as $8.5 billion worth is returned to creditors of collapsed exchange Mt. Gox starting this week, K33 analysts Vetle Lunde and David Zimmerman said in a July 2 report.
ETH has underperformed against Bitcoin for over a year, with the latter posting market-leading gains bolstered by over $14 billion in flows to Bitcoin exchange-traded products this year.
