ETF | ForkLog - Part 29

ForkLog 9 06.08.2024

Investors Increase Ethereum ETF Holdings Amid Crypto Market Downturn

On August 5, total inflows into ETH-ETF reached $48.7 million, marking the second-highest result since the products were approved. This data is provided by SoSoValue. The net outflow for the entire period decreased to $462 million. Data: SoSoValue. Total withdrawals from the Grayscale Ethereum Trust (ETHE) increased to $2.16 billion. On August 5, the figure […]

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ForkLog 46 03.08.2024

Morgan Stanley to Offer Bitcoin ETFs to Clients

Fifteen thousand financial advisors at Morgan Stanley will offer exchange-traded funds based on the leading cryptocurrency to their clients, according to CNBC, citing sources. The funds in question are IBIT from BlackRock and FBTC from Fidelity. The offering will be available to clients with a net worth of at least $1.5 million starting Wednesday, August […]

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ForkLog 4 31.07.2024

Ethereum Volatility Set to Increase, Experts Predict

Ethereum is expected to experience more significant price fluctuations compared to Bitcoin, with the monthly volatility premium for the asset in “long-term” options rising from 4% to 8%, according to QCP Capital. Analysts favour accumulating the second-largest cryptocurrency by market capitalisation, citing the attractiveness of its prices given the rise in implied volatility. Experts noted […]

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ForkLog 7 30.07.2024

Ethereum ETF Outflows Slow to $98 Million

On July 29, investors withdrew $98.3 million from spot Ethereum ETFs. The previous day’s figure was $162.7 million, according to SoSoValue. Net outflows since the approval of these products have risen to $439.6 million. The reason lies in clients reducing their positions in Grayscale’s ETHE. On July 29, investors pulled $210 million from the instrument, […]

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ForkLog 5 29.07.2024

Cryptocurrency Inflows Reach $4.6 Billion Since July

Inflows into cryptocurrency investment funds from July 20 to 26 amounted to $245 million. Since the beginning of July, the figure has reached $4.56 billion, according to CoinShares. Data: CoinShares. The turnover of ETP surged to a May high of $14.5 billion. Thanks to the recovery in prices, the total volume of assets reached $99.1 […]

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ForkLog 10 29.07.2024

Grayscale’s Ethereum ETF Sees Outflows Exceeding $1.5 Billion

On July 26, investors withdrew $356.3 million from the Grayscale Ethereum Trust (ETHE), bringing the total outflow since the approval of the products to $1.51 billion, according to SoSoValue. The total outflow across all ETH-ETFs for the last reporting day was $162.67 million, with a cumulative outflow of $341.4 million. Due to improved market conditions, […]

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ForkLog 1 26.07.2024

BlackRock Questions Expansion of Approved Crypto ETFs

BlackRock is confident in the approval of crypto ETFs based on new altcoins in the near future. The obstacles are the SEC’s stance and the “immaturity” of alternatives. A SOL-ETF might not appear before March 2025, contingent on a positive outcome in the US presidential elections in November. Following the launch of spot ETH-ETFs, the […]

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ForkLog 1 26.07.2024

Ethereum ETF Experiences $152 Million Outflow

On July 25, the net outflow from spot Ethereum ETFs amounted to $152.3 million, according to SoSoValue. Inflows into “new” Ethereum-based exchange-traded products were insufficient to offset the $346.2 million withdrawn by clients from Grayscale’s ETHE. Trading volume fell from $1.05 billion to $955.9 million. Inflows into CETH from 21 Shares and EZET from Franklin […]

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ForkLog 9 25.07.2024

Ethereum-ETF: A New Era or Just Another Market Tool?

On July 23, spot Ethereum-ETFs were launched in the US by nine issuers. Trading volumes reached $1 billion on the first and second days. In a comment for ForkLog, trader and author of the Telegram channel Coen+, Vladimir Cohen, discussed the significance of the product and the current market state. A Familiar Scenario? The launch […]

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ForkLog 13 25.07.2024

Hashdex Files S-1 for Dual Crypto ETF

Asset management firm Hashdex has submitted an SEC application via Form S-1 to launch the Hashdex Nasdaq Crypto Index US ETF, based on Bitcoin and Ethereum. According to the document, the product will initially engage with only two digital assets, but the firm may later add other cryptocurrencies, “considering the standards of the Securities Act.” […]

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ForkLog 9 25.07.2024

10x Research Identifies Emerging Issues Following Ethereum Sell-off

The sharp decline in Ethereum following the launch of spot ETFs signals emerging issues, according to 10x Research. #Ethereum Crashing -> what’s going on? https://t.co/ciaqYVYuZh pic.twitter.com/czrg8YRwW6 — 10x Research (@10x_Research) July 25, 2024 According to analysts, the sell-off largely mirrors the familiar pattern observed during the launch of exchange-traded funds based on digital gold. Experts […]

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ForkLog 8 25.07.2024

Ethereum Falls Below $3200 Amid ETF Outflows

Outflows from Grayscale’s Ethereum Trust exceeded inflows into ETH-ETF. Investors shifted focus from the debut of spot Ethereum-ETFs to Mt.Gox coin movements and macroeconomics. On July 24, Ethereum’s daily decline reached 7.9%, while Bitcoin’s was 2.7%, according to CoinGecko. According to SoSoValue, the net outflow from spot Ethereum-ETFs amounted to $133.2 million. At the time […]

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