On the back of its partial victory against the US Securities and Exchange Commission (SEC), Grayscale has applied to the Commission for another Ethereum Futures Exchange-Traded Fund (ETF). Why Another ETH Futures ETF? According to a report by the Wall Street Journal (WSJ), Grayscale Investments filed this application on September 20. This development may come…
Traditional financial institutions that have filed crypto ETF applications have focused on a particular market (spot or futures). However, a recent NASDAQ application suggests that the asset manager Hashdex is taking a different approach, which could be a game changer in the Ethereum ETF race. NASDAQ Proposes To List Ethereum ETF According to the application…
BlackRock and multiple other fund managers filed for Spot Bitcoin ETFs back in June. Since then, speculations have abounded regarding if the United States Securities and Exchange Commission (SEC) will approve the first Spot Bitcoin ETF given its track record. But according to insiders, the first approval may not be far off. Approval Coming Soon…
Valkyrie has applied to the US Securities and Exchange Commission (SEC) to add ETH futures contracts to its Valkyrie Bitcoin Strategy ETF (BTF). Valkyrie Makes A Move To Stay Ahead Of The Crowd Valkyrie’s application represents a move to stay ahead of the crowd. While many have applied to launch their respective Ethereum (ETH) Exchange-Traded…
The United States Securities and Exchange Commission (SEC) has been flooded with many applications for Ethereum (ETH) Exchange-Traded Funds (ETFs) in just one week. The applications currently stand at 12, with the latest addition coming from ProShares, a popular fund manager. The platform filed four applications for Ether-based ETFs, including a dual Ether and Bitcoin…
Ethereum price is currently still below $2,000 but this could quickly change if some things were to come to pass. Some of the most notable things that have been going on for the cryptocurrency include the multiple exchange-traded funds (ETFs) filings that have been made to the United States Securities and Exchange Commission (SEC). When…
The latest sign of crypto going mainstream among traditional investors is the race heating up to launch the first exchange-traded fund (ETF) tied to Ethereum futures. In recent weeks, six companies have filed proposals with the Securities and Exchange Commission (SEC) to launch Ethereum futures ETFs. The Race To Launch An Ethereum Futures ETF Cryptocurrency…
After a year-long winter accompanied by massive losses in the mining sector, the recent Bitcoin recovery is a relief to miners. Moreover, the Bitcoin price rally has rubbed off on crypto mining stocks as they witness the highest performance in the past year. In the 2022 bear market, public crypto miners recorded up to $4…
Cryptocurrency exchange-traded products are gaining traction due to their benefits to investors. These products expose investors to the crypto market without owning the underlying asset. Investing in ETFs allows users to enjoy institutional custody and transparent and simplified trading through brokerage accounts. Crypto assets are highly volatile, with complex trading rudiments. Therefore most investors find…
Many investors are uneasy since Bitcoin value has fallen by around 70% since its peak in November 2021. In the meantime, market sentiment is at an all-time low due to analysts’ expectations of a major recession. This is especially clear from the decline in the equity markets as measured by the S&P 500 and Nasdaq…