ETF | ForkLog - Part 45

ForkLog 12 16.02.2024

US Banks Seek Greater Role in Bitcoin ETF Management

The association of major US banks sent a letter to SEC Chairman SEC Gary Gensler, requesting a change in the definition of crypto assets to allow financial institutions to participate in the custody of spot Bitcoin ETFs. Signatories included the Bank Policy Institute, the American Bankers Association, the Financial Services Forum, and the Securities Industry […]

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ForkLog 11 15.02.2024

CoinGecko: US Commands 83% of Global Spot Bitcoin ETF Market

The United States holds a commanding 83.3% share of the global spot Bitcoin ETF market, valued at $41.74 billion, according to CoinGecko experts. Curious about the countries with spot Bitcoin ETFs? Spot #Bitcoin ETFs are now incorporated in 11 countries worldwide and traded in just 6 geographical markets. The leading spot Bitcoin ETF markets are […]

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ForkLog 14 15.02.2024

Bitcoin Outshines Gold: Expert Notes Capital Shift to Cryptocurrency ETFs

Since the start of 2024, gold ETFs have seen an outflow of $2.39 billion, while inflows into funds based on the leading cryptocurrency have reached $3.89 billion. These figures were presented by Bloomberg analyst Eric Balchunas. Meanwhile it’s a pretty bad scene right now in the gold ETFs category… via @SirYappityyapp in our just published […]

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ForkLog 15 14.02.2024

Daily Inflows to Bitcoin ETFs Return to Record Levels

On February 13, the net inflow of assets into spot Bitcoin ETFs reached $631.2 million, second only to the first day of trading for these products, which saw $655.2 million. Same data in BTC terms. +12,736 BTC flow on 13th Feb 2024 pic.twitter.com/ogUVHjVDbZ — BitMEX Research (@BitMEXResearch) February 14, 2024 In terms of Bitcoin, the […]

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ForkLog 15 14.02.2024

Experts Revise Bitcoin Forecasts for 2024

Former BitMEX CEO Arthur Hayes closed March bitcoin puts with a strike of $35,000 and anticipates a new ATH. CryptoQuant pointed to $104,000–112,000 as a target, with $55,000–59,000 in a pessimistic scenario. SkyBridge Capital founder Anthony Scaramucci urged buying digital gold at current levels without hesitation. Former BitMEX CEO Arthur Hayes has abandoned his previous […]

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ForkLog 14 13.02.2024

Bitcoin Options Traders Bet on Rally to $65,000

Market participants are forming positions on call options for digital gold in the $65,000-$75,000 range, with execution in the second quarter. Over the past three days, net inflow into spot Bitcoin ETFs has exceeded $1.5 billion. In recent days, the volume of open positions on call options expiring in April-June with strike prices of $65,000, […]

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ForkLog 14 13.02.2024

Franklin Templeton Seeks Approval for Spot Ethereum ETF

Asset management firm Franklin Templeton has filed an application to register a spot Ethereum ETF. Coinbase Custody Trust Company will serve as the custodian for the second-largest cryptocurrency by market capitalization, while Bank of New York Mellon will handle the cash assets. If approved, the product will be listed on the Cboe BZX Exchange. The […]

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ForkLog 8 12.02.2024

Crypto Funds Experience $1.1 Billion Inflow Over a Week

From February 3 to 9, cryptocurrency investment products saw an inflow of $1.1 billion. Since the beginning of the year, this figure has reached $2.7 billion, according to a report by CoinShares. Source: CoinShares. The volume of assets under management reached its highest level since the beginning of 2022 — $59 billion. The net inflow […]

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ForkLog 10 08.02.2024

BlackRock and Fidelity Bitcoin ETFs Surpass GBTC in Liquidity

Bitcoin ETFs from BlackRock and Fidelity have outpaced GBTC in two liquidity metrics. Net inflow into spot exchange-traded products based on digital gold continued for the ninth consecutive day. IBIT entered the top 5 ETFs by inflows since the beginning of the year. Spot Bitcoin ETFs from BlackRock and Fidelity have surpassed GBTC in two […]

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ForkLog 8 08.02.2024

ARK Invest Proposes Boosting Ethereum ETF Returns Through Staking

ARK Invest and 21Shares have proposed that the SEC approve the use of staking in a spot Ethereum ETF. The options market indicates increased expectations for product approval in May and growing uncertainty due to the Fed’s policies. On February 7, ARK Invest and 21Shares submitted an updated application for the launch of a spot […]

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ForkLog 9 07.02.2024

SEC Postpones Decision on Invesco and Galaxy’s Spot Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the application for a spot Ethereum ETF by Invesco and Galaxy. The agency had previously postponed the review date for several funds. This time, the SEC also announced the “initiation of proceedings” to gather additional public information regarding the listing of investment products. […]

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ForkLog 28 06.02.2024

Europe Leads Ethereum ETF Market with 81% Share

Europe and Canada account for nearly 98% of the $5.7 billion Ethereum ETF market. The introduction of spot ETFs in the US could significantly alter the landscape. Amidst expectations for the approval of spot Ethereum ETFs in the US, CoinGecko experts have examined the global market for such products, revealing the dominance of Europe and […]

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