ETF | ForkLog - Part 24

ForkLog 76 25.11.2024

Experts Anticipate Solana ETF Launch by 2025’s End

The United States’ crypto-friendly policies and the success of Bitcoin and Ethereum-based exchange-traded funds (ETFs) suggest that spot Solana ETFs may emerge within the next year, according to The Block CEO of Two Prime Digital Assets, Alexander Blum. “[Major issuers] wouldn’t spend time and money if they weren’t confident of success. […] Access for institutions […]

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ForkLog 34 22.11.2024

Ethereum’s Daily On-Chain Volume Reaches $7.13 Billion

On November 15, the daily on-chain value transferred in Ethereum, measured by the 7 DMA, reached a year-to-date high of $7.13 billion, according to data from The Block. Data: The Block. Over the past two weeks, this figure surged by 85% from $3.84 billion as of November 1. The metric exceeded the previous peak in […]

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ForkLog 72 22.11.2024

Solana Reaches All-Time High Amid Four SOL-ETF Listing Applications

The Chicago Board Options Exchange (CBOE) has submitted 19b-4 forms for four applications to launch spot Solana-ETFs. The relevant documents have been filed with the SEC. In total @CBOE just filed for 4 Solana ETFs. One for @vaneck_us, @21Shares, @CanaryFunds and @BitwiseInvest. The ball is in SEC’s court now. pic.twitter.com/ga5B7HaR4M — James Seyffart (@JSeyff) November […]

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ForkLog 12 21.11.2024

Expert Identifies Catalyst for Bitcoin’s Surge to $100,000

An influx of $9.7 billion into stablecoins over the past 30 days will propel the price of the leading cryptocurrency to $100,000 by the end of November, according to Leon Waidmann, head of research at The Onchain Foundation. Stablecoin inflows to exchanges hit $9.7B in 30 days! The LARGEST monthly inflow EVER. Stablecoin liquidity is […]

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ForkLog 22 19.11.2024

Nasdaq to List Options on BlackRock’s Spot Bitcoin ETF

On November 19, Nasdaq will commence trading options on BlackRock’s spot BTC-ETF, according to Decrypt, citing exchange representatives. The listing is made possible by the approval from the Options Clearing Corporation (OCC), which was the final hurdle following the green light from the SEC. Re bitcoin ETF options, now the OCC just posted a response […]

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ForkLog 9 17.11.2024

VanEck Predicts High Likelihood of Solana-ETF Approval by 2025

The U.S. Securities and Exchange Commission (SEC) is expected to approve spot Solana-ETFs by the end of 2025, according to Matthew Sigel, head of digital asset research at VanEck, in a comment to the Financial Times. “I think the chances of Solana-ETF approval by the end of next year are extremely high,” he said. Sigel […]

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ForkLog 23 14.11.2024

Spot Bitcoin ETFs Surpass $500 Billion in Trading Volume

Since the approval of spot Bitcoin ETFs in January, their trading volume reached $505.4 billion by November 13, according to The Block. The $100 billion mark was surpassed by March and $200 billion by April, when Bitcoin reached its ATH of $74,000 for the first time this year. Subsequently, the growth trajectory slowed somewhat as […]

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ForkLog 6 12.11.2024

BlackRock’s Spot Bitcoin ETF Trading Volume Hits Record $4.5 Billion

On November 11, the iShares Bitcoin Trust ETF by BlackRock reached a historic trading volume of $4.5 billion. Bloomberg analyst Eric Balchunas highlighted this milestone. The Bitcoin Industrial Complex (ETFs + MSTR, COIN) saw $38b in trading volume today, lifetime records being set all over the place, incl $IBIT which did $4.5b, which points to […]

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ForkLog 26 09.11.2024

SEC Postpones Decision on Spot Ethereum ETF Options Again

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the New York Stock Exchange’s (NYSE) proposal to list options based on spot Ethereum ETFs. The document mentions Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust holding ether.” The agency had planned to decide on […]

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ForkLog 9 08.11.2024

Bitcoin Shows No Signs of Overheating, Says Expert

From a fundamental perspective, bitcoin does not exhibit “signs of overheating,” according to a report by Galaxy Digital, as reported by Cointelegraph. The expert noted the absence of a spike in funding rates for perpetual contracts and a moderate increase in OI across crypto derivatives. Data: Coinglass. According to Galaxy Digital, bitcoin and other cryptocurrencies […]

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ForkLog 9 07.11.2024

Bitcoin ETF Trading Volume Surges Past $6 Billion Following Trump’s Victory

On November 6, the trading volume of BTC-ETF reached a peak of $6.1 billion, the highest since March 15, with BlackRock’s IBIT hitting a record $4.14 billion. According to Bloomberg analyst Eric Balchunas, this figure surpassed the trading volume of companies like Berkshire, Netflix, or Visa. The expert anticipates that this high level of activity […]

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ForkLog 9 06.11.2024

Ethereum’s Market Cap Share Relative to Bitcoin Hits 3.5-Year Low

The market capitalization ratio of Ethereum to Bitcoin has fallen to 24.52%, the lowest level since April 2021. At the beginning of 2024, the metric stood at 32.7%, reports The Block. This indicator reflects investor preferences and capital flows between the two largest assets by market value in the cryptocurrency market. The growing dominance of […]

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