Category: Fiat

Franklin Templeton Dives Into Bitcoin Ordinals

Bitcoin Ordinals have emerged as a groundbreaking innovation within the realm of digital collectibles, capturing the imagination of the crypto community and beyond. Recently, their prominence and potential have attracted the attention of financial heavyweight Franklin Templeton. The firm’s digital assets division spotlighted the ascent of Ordinal inscriptions in its latest prospectus, marking a significant […]

SEC Reviews Ethereum ETF Proposals

The U.S. Securities and Exchange Commission (SEC) is taking a significant step forward in the world of cryptocurrency investments by opening up a comment period for three proposed Ethereum exchange-traded funds (ETFs). This move represents a crucial phase in the regulatory journey for Ethereum ETFs, a development eagerly awaited by investors and the crypto community […]

The ETF Battle: BlackRock vs. Grayscale

The competition between Grayscale and BlackRock over Bitcoin spot exchange-traded funds (ETFs) illuminates the rapidly evolving landscape. Grayscale, once the unchallenged leader with its Grayscale Bitcoin Trust (GBTC), faces a formidable challenge from BlackRock’s iShares Bitcoin Trust (IBIT), signalling a pivotal shift in investor preferences and strategies. Grayscale’s initial advantage—a product that operated much like […]

Bitcoin ETFs Regain Investor Favor

Bitcoin exchange-traded funds (ETFs) are witnessing a notable surge in investments. For three consecutive days, inflows have exceeded the $100 million mark, marking a renewed investor confidence in these innovative financial products. According to data from BitMEX Research, this week saw a dramatic increase in capital inflow into Bitcoin ETFs, culminating in a remarkable $183 […]

Ethereum ETF Race Heats Up

Bitwise has officially thrown its hat into the ring with the Securities and Exchange Commission (SEC) to launch a spot Ethereum ETF, marking a significant step towards broadening access to Ethereum for traditional investors. This move positions Bitwise amidst a competitive landscape alongside financial titans like BlackRock, Grayscale, and VanEck, all of whom share the […]

Hashdex ETF Shifts to Spot Bitcoin

Crypto asset manager Hashdex has made a strategic pivot in its Bitcoin Futures ETF, marking a significant shift towards direct Bitcoin holding—a move that aligns with the growing demand for cryptocurrency investments. Renamed the Hashdex Bitcoin ETF and retaining its ticker DEFI on the NYSE Arca, this transition not only reflects an evolved investment strategy […]

CommEX Shuts Down: A Post-Binance Era

CommEX, the entity that took over Binance‘s former Russian operations, has announced a comprehensive cessation of its website services scheduled for May 10, as per a detailed blog post released on Monday. This decision marks a significant closure, reflecting the volatile dynamics within the cryptocurrency exchange landscape, particularly in the Russian market. CommEX’s strategic manoeuvre […]

Push for Bitcoin ETFs in the UK

Kraken UK’s Managing Director, Bivu Das, made a compelling case for the introduction of Bitcoin ETFs (Exchange-Traded Funds) in the United Kingdom. With the crypto landscape evolving rapidly, Das suggests that the time has come for the UK to reassess its stance on these financial products, especially given the changes since their restriction in 2021. […]