Hon Kong’s asset management firm becomes the largest investor in BlackRock Bitcoin ETF
Yong Rong HK Asset Management emerges as the top holder in BlackRock Bitcoin ETF with $38M investment. Ovata emerges as biggest buyer in Bitcoin ETF market, investing $74M in various…
SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF
SEC postpones decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024. The ETF plans to invest 80% in Bitcoin and 20% in Carbon Credit Futures-linked…
BlackRock adds Goldman Sachs, Citi and UBS as APs for its spot Bitcoin ETF
BlackRock has updated its Authorized Participants (APs) list amid huge traction for spot Bitcoin ETFs. Goldman Sachs, Citadel, Citigroup, UBS and ABN AMRO join Jane Street Capital, JP Morgan, Virtu…
U.S. SEC calls for public input on spot Ethereum ETF applications
SEC opens a comment period for Ethereum ETFs from Grayscale, Fidelity, and Bitwise. Analysts less optimistic about approval following SEC’s bitcoin ETF greenlight. May 23 deadline for SEC’s final decisions…
Bitwise applies for Ethereum ETF; Bitbot presale gathers steam with price expected to rise to $0.0141
Bitwise applies for Ethereum ETF emphasizing spot trading but omitting staking features. Bitbot presale raises over $1.6 million, BITBOT tokens currently going at $0.0134. Next Bitbot presale stage expects BITBOT…
BlackRock CEO’s ETF comments boosts Ethereum (ETH) and Algotech (ALGT)
BlackRock CEO Larry Fink believes a spot Ethereum ETF is possible even if SEC designates ETH a security. Markets are upbeat amid this outlook despite current weakness. Meanwhile, investors eyeing…
Hong Kong-based Asset Manager VSFG aiming for a May spot Bitcoin ETF launch
There are reports that the Hong Kong SFC is considering to approve Bitcoin ETFs in Q2 2024. VSFG and Value Partners have applied for approval to offer a spot Bitcoin…
Valkyrie co-founder says spot Ethereum ETF approval unlikely in May
Valkyrie co-founder and CIO Steven McClurg says a spot Ethereum ETF approval is unlikely in May. He says its likely a Litecoin or XRP spot ETF is approved before that…
BlackRock set to launch Brazil’s first Bitcoin ETF IBIT39 on B3 exchange
BlackRock to launch Brazil’s first Bitcoin ETF IBIT39 on B3 exchange on March 1, 2024. IBIT39 mirrors Bitcoin’s performance and offers a 0.25% management fee, reduced to 0.12% first year.…
BlackRock’s spot Bitcoin ETF hits a new record trading volume: Will crypto trading volume soar higher?
Key takeaways BlackRock’s spot Bitcoin ETF achieved a trading volume of $1.3 billion for the second consecutive day. BTC touched $57k as Bitbot’s presale approaches $750k BlackRock’s IBIT trading volume…