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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…

Brad Garlinghouse says Ripple will welcome XRP ETF

Brad Garlinghouse, CEO of Ripple, says that they are open to an XRP ETF. His comments come after the SEC approved spot Bitcoin exchange-traded funds (ETFs) in January and amid…

Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value

Bitcoin ETF inflows surge, threatening gold’s dominance. Divergence in fund flows: Bitcoin gains, gold loses. Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset. In a seismic shift within…

Ethereum pumps after Ark Invest and 21Shares’ spot Ethereum ETF application amendment

ETH price surged post-Ark Invest, 21Shares ETF amendment. Amendment aligns spot ETH ETF with cash creation and redemption model akin to spot Bitcoin ETFs. The introduction of ETH staking in…

Immutable and InQubeta altcoins to watch; Invesco and Galaxy slash fee in Spot Bitcoin ETF race

Following the SEC decision on Bitcoin ETFs and the launch of the market on January 11, the race between asset managers continues to heat up. Invesco, a leading global provider…

Harvest Fund files for spot bitcoin ETF in Hong Kong: report

Harvest Hong Kong is the first institution in Hong Kong to file for a spot Bitcoin ETF. A local news outlet suggests the Hong Kong Financial Services Commission (FSC) could…