November 15, 2024 at 11:50 AM GST updated: November 15, 2024 at 11:11 AM 2 mins read News Saylor views new SEC leadership as a boost for Bitcoin, expecting policies that support broader crypto adoption and industry growth. A shift at the SEC could bring clarity on crypto classification, with Bitcoin likely benefiting and other…
November 8, 2024 at 01:23 AM GST updated: November 7, 2024 at 01:17 PM 3 mins read News Rising crypto ETF interest offers institutional investors new avenues, potentially boosting Ripple, Cardano, Solana, Chainlink, and Toncoin demand. Ripple’s established banking partnerships and efficient cross-border payments strengthen its position as ETFs enhance exposure to XRP. Cardano’s sustainable,…
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday’s trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov. 5, earlier…
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 million…
October 22, 2024 at 07:16 PM GST updated: October 22, 2024 at 07:19 PM 2 mins read News VanEck’s Solana ETN now offers staking, allowing investors to earn rewards directly in daily NAV. Investors in VanEck’s VSOL ETN can receive 75% of staking rewards, with no extra action required. VanEck’s Solana staking is non-custodial, ensuring…
October 21, 2024 at 04:10 PM GST updated: October 21, 2024 at 03:23 PM 2 mins read News DPP plans a 20% flat tax on crypto, aiming to simplify transactions and boost Japan’s digital economy. Tamaki vows no tax on crypto swaps, promoting innovation as DPP gears up for Japan’s October 27 election. DPP’s crypto-friendly…
On Thursday, both the spot bitcoin and ethereum ETFs made headway, with the bitcoin funds pulling in the largest inflows. The 12 bitcoin funds collectively received $470.48 million, while the ether funds scooped up $48.41 million. Bitcoin and Ethereum ETFs See Significant Gains on Thursday Leading the charge, Blackrock, the world’s largest asset manager, snagged…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Nearly a year after the approval of spot Bitcoin exchange-traded funds (ETFs), the once-niche crypto industry has broken into the mainstream. According to a new report from Chainalysis, the arrival of these ETFs in January 2024 has massively boosted global adoption, solidifying the role of Bitcoin in traditional finance…
A recent survey conducted by American financial powerhouse Charles Schwab revealed that nearly half of the respondents (45%) are gearing up to invest in cryptocurrency exchange-traded funds (ETFs). Millennials Lead the Crypto ETF Charge, Expert Puzzled by Schwab’s Slow Move Charles Schwab, a major player in the finance world, rolled out a new asset management…
October 6, 2024 at 02:30 AM GST updated: October 6, 2024 at 01:28 AM 2 mins read News 13 of 25 top ETFs in 2024 link to Bitcoin or Ethereum, highlighting crypto’s growing appeal in traditional finance. BlackRock’s IBIT leads with $21.53B inflows, dominating the newly launched ETFs focused on cryptocurrency. Franklin Templeton eyes SEC…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a robust $202.51 million in net inflows on Monday, marking the eighth consecutive day of positive movement in the sector. According to data from SoSoValue, the 12 Bitcoin-focused funds collectively attracted a substantial $756 million over the past eight trading days. …
This year, the U.S. Securities and Exchange Commission approved 12 spot bitcoin exchange-traded funds (ETFs) and nine spot ether ETFs. Here’s a deep dive into the distinctions between spot and futures crypto asset exchange-traded products (ETPs), offering essential insights for investors navigating the ever-evolving world of crypto investments. Spot vs. Futures: Navigating the Crypto ETF…
Solana (SOL) has recovered 30% of its price since the Black Monday crash, hovering between the $155-$140 range. Recent reports revealed the Solana-based investment products were among the largest losers last week after registering over $30 million in outflows. The token continued its sideways trajectory despite the negative net flows and memecoin’s trading activity decline…