Tag: ETF

Goldman Sachs doubles down on Bitcoin exposure with new premium income ETF

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Goldman Sachs is seeking approval to bring a new investment product tied to Bitcoin to the market, according to a prospectus filed with the US SEC on April 14. The proposed fund, called Goldman Sachs Bitcoin Premium Income ETF, would invest in Bitcoin exchange-traded products and derivatives linked to them, and use options strategies such as selling call options to earn premiums. Its objective is to deliver indirect exposure to Bitcoin alongside regular income generation. SHOCK: Goldman jumping into the bitcoin ETF game.. with a filing for a Bitcoin Premium…

Bitcoin Hits $74,000 As ETF Inflows Face Miner Selling And War Tensions

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Key takeaways: Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above $74,000. Bitcoin (BTC) reclaimed the $74,000 level on Monday following slight gains in the S&P 500 index after US President Donald Trump ordered a US blockade of the Strait of Hormuz. Traders appear to be gradually gaining confidence following strong net inflows into US-listed spot Bitcoin exchange-traded funds (ETFs) and continued accumulation by Strategy (MSTR…

BlackRock taps Galaxy Digital as validator for its staked Ethereum ETF

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Galaxy Digital has been named an approved validator for BlackRock’s iShares Staked Ethereum Trust ETF (ETHB), the firm’s first crypto exchange-traded product designed to generate staking rewards, according to a Thursday press release. Launched last month, ETHB is expected to follow in the footsteps of BlackRock’s Bitcoin ETF, which has grown into a top-performing digital asset fund since 2024. As of April 8, the fund had over $435 million worth of assets under management, with $339 million in staked ETH. The ETF will stake a majority of its Ether holdings…

Morgan Stanley Bitcoin ETF Trades $34M On Debut

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The Morgan Stanley Bitcoin Trust (MSBT), the first spot Bitcoin exchange-traded fund (ETF) offered by a US bank, recorded $30.6 million in inflows on its trading debut, giving the Wall Street bank a respectable, but not blockbuster, entry into the spot Bitcoin ETF market. MSBT started trading on the NYSE Arca on Wednesday, generating $34 million in trading volume, slightly above the expectations of Bloomberg ETF analyst Eric Balchunas, who predicted first-day volume would reach $30 million. As of April 8, MSBT held 444.4 Bitcoin (BTC), worth around $31.7 million,…

Canary Capital Submits Application For US Pepe ETF

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Asset management firm Canary Capital is looking to launch a spot exchange-traded fund (ETF) tied to the PEPE memecoin.  On Wednesday, Canary filed a Form S-1 for the CANARY PEPE ETF with the US Securities and Exchange Commission. The ETF would track the performance of Pepe (PEPE), with all of the trust’s PEPE held by a custodian.  It noted that the ETF trust may hold up to 5% of the trust’s assets in Ether (ETH) to pay the transaction fees on the Ethereum network. Pepe is up 6.06% over the…

Canary files S-1 for PEPE ETF as memecoin funds expand beyond DOGE

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Canary Capital has filed a registration statement for the Canary PEPE ETF, a proposed exchange traded fund designed to give investors direct exposure to PEPE through a traditional brokerage account. The filing, submitted April 8, says the trust would hold spot PEPE, calculate net asset value using a pricing benchmark built from major PEPE trading venues, and issue shares in 10,000 share baskets.    The prospectus frames PEPE as a highly speculative asset whose value is driven mainly by online popularity, cultural relevance, and social sentiment rather than clear blockchain…

Morgan Stanley launches Bitcoin ETF with lowest fees in the game, and demand is already surging

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Morgan Stanley just did something no major US commercial bank has done before: launched its own spot Bitcoin exchange-traded product. The Morgan Stanley Bitcoin Trust, trading under ticker MSBT, went live on April 8 with an annual fee of 0.14%, meaningfully cheaper than BlackRock’s iShares Bitcoin Trust (IBIT) at 0.25%. In English: the biggest wealth management firm on Wall Street is now competing head-to-head with BlackRock for Bitcoin ETF dollars, and it’s doing so by offering a lower price tag. For an asset class that some banks wouldn’t touch three…

Morgan Stanley’s Bitcoin ETF to Launch on Wednesday

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The Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee. Morgan Stanley’s Bitcoin exchange-traded fund is set to debut on the NYSE Arca stock exchange on Wednesday, making it the first major commercial bank to offer a Bitcoin ETF in the US. The launch of the Morgan Stanley Bitcoin Trust (MSBT) on April 8 was confirmed in a listing notice by the New York Stock Exchange on Tuesday. NYSE’s listing notice for MSBT’s launch on Wednesday, April 8. Source: NYSE It…

Bitcoin ETF Inflows Soar, Will BTC Price Follow?

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Key takeaways: BTC failed to hold $70,000 despite strong ETF inflows as selling by public miners offset recent institutional buying. Options markets reflect high demand for downside protection as a 17% put premium signals cautious sentiment. Bitcoin (BTC) failed to sustain Monday’s $70,000 level despite $471 million in net inflows into US-listed spot exchange-traded funds (ETFs). The market’s initial excitement faded following reports that multiple US and Israeli aircraft and equipment were destroyed during a military operation in Iran over the weekend. Since the S&P 500 remained relatively flat between…

Morgan Stanley Bitcoin ETF set to begin trading tomorrow under MSBT

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Morgan Stanley’s spot Bitcoin ETF appears set to begin trading Wednesday after the SEC declared the Morgan Stanley Bitcoin Trust effective and the bank filed its final prospectus. Bloomberg ETF analyst Eric Balchunas said in a post on X that the fund looks set to go live April 8, citing a screenshot of the NYSE listing notice. The trust is expected to trade on NYSE Arca under the ticker MSBT. The filing confirms Morgan Stanley is entering the crowded US spot bitcoin ETF market with a physical product that will…