Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050

July 29, 2024 Bitcoin.com

Bitcoin

Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding 2.5% of their assets in BTC. Scalability challenges are […]

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

US Spot Bitcoin ETFs See $51.66M Inflows as Grayscale’s GBTC Deals With Outflows

July 27, 2024 Bitcoin.com

Bitcoin

Unlike the U.S. spot ether exchange-traded funds (ETFs), the spot bitcoin ETF equivalents experienced inflows during Friday’s trading session, totaling $51.66 million. Four funds recorded inflows, while Grayscale’s Bitcoin Trust (GBTC) saw an outflow of $26.55 million. Spot Bitcoin ETFs Garner $51.66M Grayscale’s spot ether ETF, ETHE, and its spot bitcoin ETF, GBTC, have been […]

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

VanEck CEO Rules Out the Approval of a Spot Solana ETF in the US Over the Short Term – Unless This Happens

July 26, 2024 The Daily Hodl

Altcoins

The chief executive of the financial giant VanEck says that a Solana (SOL) exchange-traded fund (ETF) is unlikely to be available anytime soon unless one key event occurs. In a new interview on CNBC Squawk Box, VanEck CEO Jan van Eck says that he does not expect their application for a SOL ETF to win […]

The post VanEck CEO Rules Out the Approval of a Spot Solana ETF in the US Over the Short Term – Unless This Happens appeared first on The Daily Hodl.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Ethereum ETFs Face $133M Outflows as Grayscale’s ETHE Divests $326M

July 25, 2024 Bitcoin.com

Ethereum ETFs Face 3M Outflows as Grayscale’s ETHE Divests 6M

bitcoin.com

Based on recent data, after a period of inflows, nine U.S. spot ethereum exchange-traded funds (ETFs) experienced withdrawals totaling $133.16 million on Wednesday. The majority of these withdrawals came from Grayscale’s ETHE, which saw a significant $326.86 million in outflows on July 24. Wednesday Sees $133M Exit U.S. Ethereum ETFs, Grayscale’s ETHE Major Driver U.S. […]

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Coinbase Named As Trusted Partner and Custodian of Eight Ethereum ETFs, Says CEO Brian Armstrong

July 24, 2024 The Daily Hodl

21shares

Coinbase is serving as a custodian for eight of the nine newly approved Ethereum (ETH) exchange-traded funds (ETFs), according to Brian Armstrong, the exchange’s chief executive. Nine Ethereum ETFs kicked off trading in the US on Tuesday, including products from BlackRock, Fidelity, 21Shares, Invesco, Franklin Templeton, VanEck, and Bitwise, as well as two different funds […]

The post Coinbase Named As Trusted Partner and Custodian of Eight Ethereum ETFs, Says CEO Brian Armstrong appeared first on The Daily Hodl.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows

July 24, 2024 Bitcoin.com

US Ethereum ETFs Hold .24B in Reserves Following 6M in Inflows

21shares

Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nearly Half a Billion Exits ETHE The newly introduced ethereum ETFs performed admirably on Tuesday, registering their first […]

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

BlackRock sets spot Ether ETF fee at 0.25% amid rush of S-1 filings

July 18, 2024 Coin Telegraph

21shares

BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes first.

Asset management firm BlackRock has set the fee for its spot Ethereum exchange-traded fund at 0.25% ahead of a potential launch next week.

BlackRock’s S-1 registration statement, filed on July 17, explains its fee will be accrued daily at an annualized rate equal to 0.25% of the fund’s net asset value and is payable at least every three months in US dollars, in-kind or a combination of both.

It could “waive all or a portion” of the fee for certain periods, it said, adding that it plans to do this upon launch.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers: Report

July 16, 2024 Coin Telegraph

ARK 21Shares

BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator, sources say.

The United States Securities and Exchange Commission has reportedly given “preliminary approval” to at least three asset managers for their spot Ether exchange-traded funds — adding fuel to speculation that the ETFs will begin trading as early as next Tuesday.

SEC approval is now only contingent on applicants submitting final offering documents to the regulator before the end of this week, “three industry sources” told Reuters in a July 15 report.

Those applicants included BlackRock, Franklin Templeton and VanEck, the sources said.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Spot Bitcoin ETFs see highest flow day in over 5 weeks

July 13, 2024 Coin Telegraph

Bitwise

The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.

United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5.

BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) saw most of the flows at $120 million and $115.1 million, respectively, Farside Investors data shows.

The Bitwise Bitcoin ETF came in third at $28.4 million, while the Grayscale Bitcoin Trust (GBTC) recorded another rare inflow day at $23 million.

BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency

Bitcoin ETFs Capture $216M in Third Consecutive Day of Inflows

July 10, 2024 Bitcoin.com

Bitcoin ETFs Capture 6M in Third Consecutive Day of Inflows

21shares

The 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows for the third consecutive day on Tuesday, bringing in $216.33 million. Blackrock’s IBIT was the top performer, securing $121.03 million during the trading sessions. Fidelity’s FBTC and Blackrock’s IBIT Drive Bitcoin ETF Gains With Tuesday’s gains, the cumulative total net inflows for U.S. spot bitcoin […]

VanEck

Share this video