Tag: ETF

Bitcoin ETF Demand Drop Puts BTC Crucial Level At Risk

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Bitcoin is at risk of breaking a crucial support price level as US-based spot Bitcoin ETFs have continued to bleed red after the recent crypto market crash, according to analysts from Bitfinex.  “The lack of institutional accumulation has made the $107,000 to $108,000 zone increasingly difficult to defend as support,” Bitfinex analysts said in a report on Tuesday, noting significant net outflows after US President Donald Trump’s tariff announcement earlier this month. Between Oct. 13 and Oct. 17, spot Bitcoin (BTC) ETFs saw around $1.23 billion in net outflows, according…

Legacy Asset Manager T. Rowe Price Files For Crypto ETF

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One of the more conservative trillion-dollar asset managers, T. Rowe Price, has surprised analysts after filing to list an actively managed crypto exchange-traded fund in the US. T. Rowe’s S-1 registration statement to launch an Active Crypto ETF could shake up its largely mutual fund-focused offerings — an asset class that has bled tens of billions of dollars in outflows over the last month. The filing submitted to the Securities and Exchange Commission on Wednesday states the fund is expected to hold 5 to 15 cryptocurrencies that are eligible under…

Remixpoint joins Bitwise BTC Standard Corporations ETF

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Key Takeaways Remixpoint, a Japanese company with over 1,300 BTC, has joined the Bitwise Bitcoin Standard Corporations ETF (OWNB). OWNB tracks public companies holding Bitcoin as a treasury asset, dynamically adjusting its constituents. Share this article Remixpoint, a Japanese company holding over 1,300 Bitcoin in its treasury, has joined the Bitwise Bitcoin Standard Corporations ETF (OWNB). The exchange-traded fund tracks public companies adopting Bitcoin as a treasury reserve asset. The ETF dynamically adjusts its holdings to include companies that meet strict Bitcoin treasury thresholds. Remixpoint joins fellow Japanese company Metaplanet…

FalconX to acquire ETF manager 21Shares: WSJ

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Key Takeaways FalconX, a crypto prime brokerage, is acquiring 21Shares, an issuer of crypto-focused exchange-traded products. The acquisition enables FalconX to gain ETF management capabilities, signaling further consolidation in the digital assets sector. Share this article FalconX, a digital assets prime brokerage providing market making and liquidity services to institutional clients, is acquiring 21Shares, an issuer of exchange-traded products focused on crypto assets, according to WSJ. The acquisition will allow FalconX to expand into derivatives and structured products. The terms of the deal, financed by cash and equity, remain undisclosed.…

Hong Kong Approves its First Solana Spot ETF, Outpacing the US

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Hong Kong has officially approved its first Solana spot exchange-traded fund (ETF), marking the third crypto spot ETF approved by the city after Bitcoin and Ethereum. On Wednesday, the Hong Kong Securities and Futures Commission (SFC) granted approval for the China Asset Management (Hong Kong) Solana ETF, which will be listed on the Hong Kong Stock Exchange, according to a report by the Hong Kong Economic Times. The product will include both RMB counters and USD counters, meaning it can be traded and settled in both currencies. Each trading unit…

Hong Kong SFC approves first Solana spot ETF issued by ChinaAMC

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Key Takeaways The Hong Kong Securities and Futures Commission (SFC) approved the region’s first Solana spot ETF, issued by ChinaAMC. This marks the first Solana spot ETF in Asia, broadening institutional access to the Solana blockchain network. Share this article The Hong Kong Securities and Futures Commission (SFC), Hong Kong’s primary financial regulator, approved the first spot Solana ETF issued by ChinaAMC, a leading asset management firm. The approval marks Asia’s inaugural Solana spot ETF, expanding institutional access to the high-performance blockchain network. The ETF is expected to begin trading…

Bitcoin whales execute $3B ETF trades with BlackRock for portfolio benefits

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Key Takeaways Bitcoin whales executed $3 billion in ETF trades via BlackRock’s spot Bitcoin ETF using in-kind creation mechanisms. These mechanisms allow direct conversion of Bitcoin holdings into ETF shares, similar to portfolio trades in bond markets. Share this article Bitcoin whales executed around $3 billion in ETF trades through BlackRock’s $IBIT, a spot Bitcoin ETF, using portfolio trade mechanisms that offer significant portfolio benefits, Bloomberg reported today. The trades allow large Bitcoin holders to convert their holdings directly into ETF shares through custom creation processes. BlackRock has been facilitating…

21Shares files for Injective ETF amid growing institutional interest

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Key Takeaways 21Shares has filed for a new ETF focusing on Injective, a blockchain protocol designed for global finance infrastructure. The filing highlights the growing institutional interest in integrating digital assets into traditional finance portfolios. Share this article 21Shares, a major issuer of crypto-focused exchange-traded products, filed today for a new ETF targeting Injective, a blockchain protocol positioned as infrastructure for global finance with features like high-performance consensus and native financial primitives. The filing represents another expansion of institutional crypto investment products as traditional finance continues integrating digital assets. 21Shares…

Schwab Reports High Crypto Engagement Despite ETF Outflows

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Spot Bitcoin exchange-traded funds in the United States have seen more than $1.2 billion in outflows this week, but Charles Schwab is seeing more interest in the products.  The eleven spot Bitcoin ETFs in the US saw an aggregate outflow of $366.6 million on Friday, which rounded off a red week for the asset and Bitcoin-associated institutional investment products.  BlackRock’s iShares Bitcoin Trust saw the largest outflow as the product lost $268.6 million, according to SoSoValue. Fidelity’s fund shed $67.2 million, Grayscale’s GBTC outflowed $25 million, and there was a…

New Crypto ETF Filings Hit SEC Despite Government Shutdown

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There has been a recent flurry of activity for US crypto exchange-traded funds this week, with at least five new product applications filed with the US Securities and Exchange Commission despite the ongoing government shutdown.  The most recent development came from VanEck, which filed an S-1 form with the SEC on Thursday for the VanEck Lido Staked Ethereum ETF, which will track the performance of stETH, Lido’s liquid staking token. As a result of the protocol-based liquid staking activities underlying stETH, “the trust expects to accrue certain staking rewards through…