Category: Fiat

Spot Ether ETFs: No Staking Allowed

As issuers gear up for potential approval of spot ether (ETH) exchange-traded funds (ETFs), recent filings emphasize a clear commitment to the Securities and Exchange Commission (SEC): no involvement in staking ETH. Staking is the process of depositing ETH to help secure the Ethereum blockchain, offering yield as a return, but this will be explicitly […]

London Stock Exchange to List Crypto ETPs Amid Regulatory Shift

In a significant move for the cryptocurrency market in the United Kingdom, the London Stock Exchange (LSE) is set to list crypto exchange-traded products (ETPs) for the first time. This development follows the Financial Conduct Authority’s (FCA) adjusted regulatory stance, which now allows the listing of such products specifically for professional investors. WisdomTree, a New […]

SEC’s Pivotal Decision on Spot Ether ETFs: A Political Move?

The Securities and Exchange Commission (SEC) appears to be at a pivotal moment, as it hints at a potential approval of spot ether exchange-traded funds (ETFs), signaling a notable shift from its previous stance. Just two weeks ago, the SEC expressed disinterest in these filings, but recent developments suggest a complete reversal. According to sources, […]

SEC Considers Approval for Spot Ether ETFs

The Securities and Exchange Commission (SEC) may be on the brink of approving spot ether exchange-traded funds (ETFs), marking a potentially transformative shift in the cryptocurrency landscape. According to a recent report from Barron’s, which relied on anonymous sources, SEC staff communicated to exchanges on Monday that the agency is “leaning” toward greenlighting these ETFs. […]

Ethereum Price Surges Amid ETF Speculation

The trading world was abuzz as Ethereum experienced a sharp 9% increase in its price within just 20 minutes on Monday afternoon, a movement fueled by growing optimism over the potential approval of spot Ethereum exchange traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). Ethereum’s price leaped from $3,143 to $3,428, […]

Spot Ethereum ETF May Launch Sooner Than Expected

Despite the prevailing pessimism among industry observers, a spot Ethereum exchange-traded fund (ETF) could be closer to launch than anticipated, according to Coinbase, America’s largest cryptocurrency exchange. In a recent communication, Coinbase highlighted the ongoing uncertainty due to the Securities and Exchange Commission (SEC)‘s reticence but remained optimistic about the eventual approval of such a […]

U.S. Spot Bitcoin ETFs Surge Amid Positive Market Trends

In a significant financial development, U.S. spot Bitcoin ETFs have experienced a notable surge, recording a two-week high inflow of $303 million as Bitcoin’s price soared past $66,000. According to data from Farside Investors, all U.S. spot Bitcoin ETFs, with the exception of BlackRock’s iShares Bitcoin Trust (IBIT), reported inflows on May 15th. Notably, IBIT […]

Hong Kong Crypto ETFs Experience Significant Outflows

Hong Kong-listed spot bitcoin and ether exchange-traded funds (ETFs) saw heavy outflows on Monday following bitcoin’s drop below $61,000 on Friday. The spot bitcoin ETFs from issuers ChinaAMC, Harvest Global, as well as Bosera and Hashkey, experienced a combined $32.7 million outflows on Monday, according to data from Farside Investors. This number is significantly higher […]