ETF | ForkLog - Part 24

ForkLog 24 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 8 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 8 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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ForkLog 10 05.11.2024

UK Pension Fund Allocates $2 Million to Bitcoin Investment

An undisclosed UK pension fund has allocated 3% of its AUM of £50 million GBP (~$64.9 million) for direct Bitcoin purchases instead of BTC-ETF. This was reported by Corporate Advisor. According to the report, the private key is distributed among five independent institutions. This marks the first initiative of its kind in the country. The […]

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ForkLog 15 05.11.2024

Analyst Highlights Growth in On-Chain Metrics for Bitcoin and Ethereum

A researcher from The Block, known by the pseudonym Lars, has shared a series of posts on X illustrating the growth of network metrics for stablecoins, the two most capitalized cryptocurrencies, NFTs, and other key market segments.

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ForkLog 5 05.11.2024

Bitcoin Spot ETFs Witness Second Largest Outflow in History

On November 4, investors withdrew $541 million from BTC-ETFs. A larger outflow of $561 million was recorded only once before, on May 2, according to SoSoValue. The negative trend continued for the second consecutive day. Data: SoSoValue. The reversal occurred amid a narrowing lead of Republican candidate Donald Trump over Democratic rival Kamala Harris. The probability […]

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ForkLog 16 02.11.2024

21Shares Seeks SEC Approval for Spot XRP-ETF

Swiss firm 21Shares has filed an application with the U.S. Securities and Exchange Commission (SEC) using Form S-1 to register an exchange-traded fund based on the cryptocurrency XRP. The product is expected to be listed on the Cboe BZX platform, though the ticker remains unspecified. Coinbase Custody Trust Company will serve as the custodian for […]

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ForkLog 8 31.10.2024

BlackRock’s Bitcoin ETF Sees Record Daily Inflow of $872 Million

On October 30, BlackRock’s spot bitcoin ETF, iShares Bitcoin Trust, recorded a net inflow exceeding $872 million, surpassing the March peak of $849 million. Data: SoSoValue. “The surge in inflows is driven by several key factors, including the global shift of central banks towards lowering interest rates, which has increased liquidity and made capital more […]

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ForkLog 6 31.10.2024

Canary Capital Seeks Approval for Solana-Based Spot ETF

The crypto investment firm Canary Capital has submitted an S-1 filing to the SEC for the registration of a Solana-based spot ETF.

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ForkLog 7 29.10.2024

Bitcoin ETFs Attract $479.35 Million, with BlackRock Leading

On October 28, spot ETFs based on the leading cryptocurrency recorded an inflow of $479.35 million, marking the largest figure in the past two weeks. Daily dynamics of fund inflows into Bitcoin-based exchange-traded funds. Data: SosoValue. The largest portion of the total was attributed to BlackRock’s IBIT, with $315.19 million (11 consecutive “positive” days). Trading […]

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ForkLog 8 28.10.2024

Bitcoin ETF Holdings Near 1 Million Coins

Issuers of spot Bitcoin ETFs have acquired 976,873 BTC ($66.2 billion), equivalent to nearly 5% of the available supply. This was highlighted by Nate Geraci, president of The ETF Store. Spot bitcoin ETFs now about 23,000 away from holding 1,000,000 btc… Or almost 5% of btc final total supply. via @apollosats pic.twitter.com/QnrOPr6vPX — Nate Geraci […]

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