The development team behind dog-themed meme asset Floki (FLOKI) is announcing a plan to launch a new exchange-traded product (ETP). In a new thread on the social media platform X, the project says it has been working closely with a respected asset manager to create a FLOKI-based ETP for European inventors, set to launch in […]
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Crypto ETPs have recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024.
Cryptocurrency investors have not halted their purchasing spree as Bitcoin set new highs and crypto investment products hit their 10th consecutive week of inflows.
Digital asset investment products saw another $3.2 billion of inflows in the trading week of Dec. 9–13, crypto investment firm CoinShares reported in its latest weekly flows report on Monday, Dec. 16.
This follows a record $3.85 billion in weekly inflows during the previous period, bringing total inflows for 2024 to $44.5 billion.
The U.S. Securities and Exchange Commission (SEC) is asking the public’s opinion on crypto firm Bitwise’s new exchange-traded product (ETP). In a new filing, the regulatory agency says it’s seeking comments from the public on Bitwise’s new exchange-traded fund (ETF), which would hold a combination of Bitcoin (BTC) and Ethereum (ETH), to advance its application. […]
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Crypto product firm 21Shares is launching new exchange-traded products (ETPs) centered around four prominent digital assets. In a new thread on the social media platform X, the world’s largest ETP provider says it is launching ETPs for oracle provider Pyth (PYTH), decentralized graphics processing protocol Render (RENDER), real-world assets-focused Ondo Finance (ONDO), and layer-one blockchain […]
The post 21Shares Launches Four New Crypto ETPs for ONDO, PYTH, RENDER and NEAR appeared first on The Daily Hodl.
Cryptocurrency is increasingly integrated into the mainstream as North America continues to lead the global crypto market, receiving $1.3 trillion in onchain value between July 2023 and June 2024, according to Chainalysis. Institutional giants like Goldman Sachs and Blackrock are now taking serious positions in the crypto space, with U.S. bitcoin exchange-traded products (ETPs) driving […]
Crypto exchange-traded product (ETP) giant 21Shares is announcing that it’s pushing European authorities for a more complete regulatory framework. According to a new announcement from 21Shares, the firm is asking the European Securities and Markets Authority (ESMA) to set aside a regulatory framework for crypto assets in Undertakings for Collective Investment in Transferable Securities (UCITS) […]
The post 21Shares Calls on EU for Regulatory Clarity To ‘Unlock Crypto Opportunities’ in ETPs appeared first on The Daily Hodl.
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. […]
3iq Digital Asset Management has announced that its solana fund has filed a preliminary prospectus for an initial public offering in Canada. The fund aims to become the first solana (SOL) exchange-traded product (ETP) in North America. Its objectives include providing exposure to the cryptocurrency, long-term capital appreciation, and staking yield. The Fund Seeks to […]
BlackRock’s IBIT recorded $290 million of inflows on Tuesday, May 21 — more than the fund has seen in the past 21 trading days combined.
BlackRock’s spot Bitcoin exchange-traded fund (ETF) made up 95% of the total inflows into United States spot Bitcoin ETFs on Tuesday, May 21, which together raked in over $300 million in net inflows.
According to preliminary data from Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) posted large inflows of $290 million on May 21. The net inflow for all eleven ETF issuers combined was $305.7 million.
This is the highest inflow to BlackRock’s ETF since April 5, reversing a trend of zero or very low inflows for the past six weeks or so.
