Tag: ETF

Bitwise Low Solana ETF Fees Shocks ETF Analyst

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Asset manager Bitwise’s decision to set a 0.20% fee on its amended US-based Solana ETF application, which now includes staking, may be a sign of how competitive the product could get among ETF issuers, according to ETF analyst Eric Balchunas. “Thought we’d see higher first, need war to get this low,” Balchunas said in an X post on Wednesday. “They prob figured it’s gonna end up there anyway, so just do it now,” he said, adding it is a “veteran Terrordome move right there.” Bitwise amended its filing with the…

Canary Trump Coin ETF listed on DTCC

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Key Takeaways The Trump Coin ETF, named Canary Trump Coin ETF, is now listed on the DTCC platform under the ticker TRPC. This ETF features a Solana-based meme coin themed around Donald Trump, representing a political trend in crypto. Share this article The Canary Trump Coin ETF has been listed on the Depository Trust & Clearing Corporation (DTCC) platform under the ticker TRPC today. The DTCC, a key financial infrastructure provider that facilitates securities clearing and settlement, now includes the politically themed crypto product among its listings. The ETF focuses…

Canary amends Litecoin and HBAR spot ETF filings with finalized tickers and fees

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Key Takeaways Canary Capital updated its SEC filings for Litecoin and HBAR spot ETFs, finalizing ticker symbols and fee structures. The updated filings include management fees of 0.95% for both funds. Share this article Canary Capital, a crypto-focused investment firm, has amended its SEC filings for spot Litecoin and HBAR ETFs with finalized ticker symbols and fee structures. The amendments come as Canary actively engages with regulatory reviews for altcoin ETF products. The firm has received SEC comments on its HBAR ETF filing, prompting amendments that align with similar updates…

Bitcoin ETF daily trading volume exceeds $7.5B

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Key Takeaways Bitcoin ETF daily trading volume exceeded $7.5 billion, signaling record institutional participation. Spot Bitcoin ETFs grant exposure to Bitcoin and have seen cumulative inflows rise since US regulator approval. Share this article US-listed spot Bitcoin ETF daily trading volume surpassed $7.5 billion today, reflecting heightened institutional interest in the regulated crypto investment vehicles. Spot Bitcoin ETFs, investment products that provide direct exposure to Bitcoin’s price, have attracted institutional interest since their approval by US regulators. Major asset managers like BlackRock have driven cumulative inflows to record highs as…

BlackRock makes third-largest Bitcoin purchase since spot Bitcoin ETF launch

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Key Takeaways BlackRock acquired $970 million in Bitcoin, its third-largest purchase since the spot Bitcoin ETF launch. The acquisition increases BlackRock’s Bitcoin holdings via the iShares Bitcoin Trust (IBIT). Share this article BlackRock, the world’s largest asset manager, executed its third-largest Bitcoin purchase since launching its spot Bitcoin ETF. On Monday, its iShares Bitcoin Trust (IBIT) raked in around $970 million in net inflows. BlackRock has positioned its spot Bitcoin ETF as a key vehicle for traditional investors, enabling entry into cryptocurrency markets through familiar financial products. The fund has…

IBIT Is Now Easily Blackrock’s Most Profitable ETF

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BlackRock’s spot Bitcoin exchange-traded fund has generated nearly $245 million in fees over the past year, making it now the most profitable ETF for the firm by a wide margin.  The iShares Bitcoin Trust ETF (IBIT) currently beats the iShares Russell 1000 Growth ETF (IWF) and the iShares MSCI EAFE ETF (EFA) by $25 million in annual revenue, BlackRock ETF analyst Eric Balchunas posted to X on Monday. IBIT became the most profitable BlackRock ETF when it surpassed IWF and EFA around mid-July, as previous X posts from Balchunas show.…

SEC silent on Canary Litecoin ETF Amid Uncertainties

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Canary Capital’s spot Litecoin exchange-traded fund is in limbo after the US Securities and Exchange Commission took no action on Thursday, the original deadline for it to make a decision. The SEC’s silence has left the crypto community uncertain about how the regulator will function amid a federal government shutdown and how its new generic listing standards would affect the timelines of dozens of crypto ETF applications awaiting approval. Bloomberg ETF analyst James Seyffart and FOX News reporter Eleanor Terrett noted that the old 19b-4 deadlines for crypto ETF applications…

VanEck registers Lido Staked Ethereum ETF in Delaware

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Key Takeaways VanEck has registered a Lido Staked Ethereum ETF in Delaware. Lido is a leading protocol that provides liquid staking for Ethereum, allowing users to earn rewards without asset lockup via tokens like stETH. Share this article VanEck, an asset management firm, has registered a Lido Staked Ethereum ETF in Delaware today. The filing represents another step toward specialized crypto investment products that incorporate staking mechanisms. Lido, a leading liquid staking protocol, enables users to stake Ethereum while maintaining liquidity through tokens like stETH. The protocol allows participants to…

Franklin Templeton’s Solana spot ETF listed on DTCC under ticker SOEZ

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Key Takeaways Franklin Templeton’s spot Solana ETF now appears on DTCC under ticker SOEZ. Solana is increasingly integrated into traditional finance infrastructure, supporting tokenized real-world assets and ETFs. Share this article Franklin Templeton’s spot Solana ETF has been listed on the Depository Trust & Clearing Corporation (DTCC) under ticker SOEZ. The development means the fund has taken a key step toward availability in US markets, signaling its readiness for institutional distribution while reinforcing Solana’s growing presence in traditional finance. The DTCC has been working with global financial authorities on settlement…