BlackRock Surpasses Grayscale in Crypto ETF Market: A Shift in Cryptocurrency Investments Landscape

BlackRock Surpasses Grayscale in Crypto ETF Market: A Shift in Cryptocurrency Investments Landscape

BlackRock Overtakes Grayscale in Crypto ETFs AUM BlackRock has surpassed Grayscale in terms of assets under management for publicly-listed crypto products, a significant shift in the crypto ETF market. BlackRock’s Bitcoin and Ethereum ETFs have attracted $22 billion in assets in just eight months, while Grayscale holds $20.7 billion, including holdings in other cryptocurrencies. Factors … Read more

Future Potential of XRP: Regulatory Prerequisites for Spot XRP ETF and Price Targets

Future Potential of XRP: Regulatory Prerequisites for Spot XRP ETF and Price Targets

There is speculation in the market that XRP may receive approval for an exchange-traded fund (ETF) similar to Bitcoin’s recent approval, but regulatory hurdles and the ongoing SEC case against Ripple make an XRP ETF unlikely in the near future. A job advertisement by Ripple for a Senior Manager in business Development suggests potential involvement … Read more

ARK Invest Sells 2.2 Million Shares of ProShares Bitcoin Trust ETF and Buys 1.5 Million Shares in ARK 21 Shares Bitcoin ETF

ARK Invest Sells 2.2 Million Shares of ProShares Bitcoin Trust ETF and Buys 1.5 Million Shares in ARK 21 Shares Bitcoin ETF

Bitcoin Price (BTC) Regains $41K in End of Week Rally ARK Invest has sold over 2.2 million shares of the ProShares Bitcoin Trust ETF and bought 1.5 million shares of the ARK 21 Shares Bitcoin ETF. They sold the ProShares Bitcoin Trust ETF as part of a short-term play strategy and in anticipation of the … Read more

Ethereum (ETH) Poised for 2024 Surge with Potential ETF Listing, Says Coinbase Analysts

Ethereum (ETH) Poised for 2024 Surge with Potential ETF Listing, Says Coinbase Analysts

dYdX Beats Uniswap, Bitcoin Outlook Dour Analysts at Coinbase predict that Ether (ETH) could see significant growth in 2024, driven by hopes of a spot ETH ETF listing. Following the recent approval of bitcoin ETFs in the U.S., ETH reached its highest price since May 2022. Firms like BlackRock and VanEck, who were behind BTC … Read more

Bitwise Asset Management Announces Launch of Bitwise Bitcoin ETF (BITB) for Trading on NYSE Arca

Bitwise Asset Management Announces Launch of Bitwise Bitcoin ETF (BITB) for Trading on NYSE Arca

Bitwise Asset Management, the largest crypto index fund manager in America, has announced the launch of the Bitwise Bitcoin ETF (BITB), which will begin trading on January 11th. This new ETF will join Bitwise’s suite of 18 crypto investment products and will trade on the NYSE Arca under the ticker BITB. The management fee will … Read more

SEC Hack Triggers $220 Million in Crypto Liquidations and Spot Bitcoin ETF Approval: What Happened?

SEC Hack Triggers 0 Million in Crypto Liquidations and Spot Bitcoin ETF Approval: What Happened?

SEC Mishap Triggers $220 Million In Crypto Liquidations A fake tweet from the SEC’s hacked Twitter account claiming approval of Spot Bitcoin ETFs triggered a surge in prices followed by a crash, leading to $220 million in liquidations and losses for 70,000 traders. Long traders suffered the most, with $133.5 million in liquidations compared to … Read more

Valkyrie Investments Co-Founder Expresses Optimism for Bitcoin ETF Approval by SEC

Valkyrie Investments Co-Founder Expresses Optimism for Bitcoin ETF Approval by SEC

Valkyrie Bitcoin ETF Gears Up For Wednesday Launch; CIO Foresees Massive $4-5B Inflows Valkyrie Investments co-founder and CIO Steven McClurg is optimistic about the potential approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) by January 10th. The company plans to launch its spot Bitcoin ETF, named Valkyrie Bitcoin Fund, with the … Read more

“SEC Requests Authorized Participant Agreement for Bitcoin ETF Shares in Coming Days” – CoinDesk

“SEC Requests Authorized Participant Agreement for Bitcoin ETF Shares in Coming Days” – CoinDesk

Imminent Approval of U.S. Bitcoin ETF Boosts Crypto Market Optimism The SEC has requested that issuers make their authorized participant agreements available, which outlines the role of creating and redeeming ETF shares. This role will be particularly challenging for bitcoin ETF authorized participants, requiring knowledge of digital assets, safekeeping and custody, due diligence for anti-money-laundering … Read more

Top 5 Events That Shook the Crypto Industry in 2023: Blackrock Spot Bitcoin ETF, Sam Bankman-Fried Fraud Conviction, CZ Resignation, XRP Ruling, Grayscale and Coinbase vs SEC

Top 5 Events That Shook the Crypto Industry in 2023: Blackrock Spot Bitcoin ETF, Sam Bankman-Fried Fraud Conviction, CZ Resignation, XRP Ruling, Grayscale and Coinbase vs SEC

Top 5 Events That Shook Up The Crypto Industry In 2023 In 2023, the crypto industry experienced significant events, including Blackrock’s application for a Spot Bitcoin ETF, founder Sam Bankman-Fried’s fraud conviction, CZ’s resignation from Binance, the XRP ruling in the SEC case, and Grayscale and Coinbase’s legal battles with the SEC. These events had … Read more

FTX Exploiter Transfers 5,000 ETH Ahead of Ether Futures ETF Launch

FTX Exploiter Transfers 5,000 ETH Ahead of Ether Futures ETF Launch

Approximately $8.2 million worth of ETH has been moved from a wallet address associated with the FTX hacker, marking the first time assets have been transferred out of the wallet since the hack a year ago. The FTX exchange suffered a loss of over $600 million through the hack in November 2022. The hacker transferred … Read more