Tag: ETF

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…

TradFi, Whales Buy Sub-$200 SOL Ahead Of ETF Decision

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Key takeaways: 76% of retail traders are net long on Solana, a historically bullish signal. Treasury firms and institutions are accumulating SOL below $200. Whale activity is rising ahead of the spot SOL ETF decision on Oct. 16. Solana (SOL) prices under $200 could be an undervalued range, according to new data highlighting a rare bullish skew among retail traders. Onchain analytics platform Hyblock said that SOL is currently the only major crypto asset that has the highest percentile when it comes to true retail long percentage (TRA). The trading…

Analysts Eye $135 Breakout as ETF Approval Buzz Grows

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Litecoin (LTC) ripped as much as 11% to $129–$131, outpacing Bitcoin and Ethereum during a market pullback as fresh spot ETF momentum stoked bids. Trading volume exploded 143% to $1.66B, while futures open interest jumped 25% to $1.21B, signaling new leverage and renewed directional conviction. Related Reading The catalyst is linked to the growing confidence that a U.S.-listed spot Litecoin ETF could be near the finish line. Canary Capital’s updated S-1 now includes ticker LTCC and a 0.95% fee, the kind of last-mile filing detail ETF watchers say typically appears…

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…