Your Daily Digest of Global Stories
The bitcoin (BTC) market has reacted enthusiastically to the new measures of Donald Trump’s government. Spot bitcoin exchange-traded funds (ETFs), i.e. those that invest directly in BTC, recorded an increase in demand in the United States on Friday. They ended the day with more than half a billion dollars (USD) in tickets. With this, they…
Bitcoin and ether will remain the dominant ETFs, analyst says. The SEC would be cautious about approving an ETF based on a memecoin tied to the president. There are signs that the memecoin boom would be reaching Wall Street, the financial heart of the United States and the nerve center of the world’s main financial…
REX Shares, a financial asset management company, filed applications to list exchange-traded funds (ETFs) based on the TRUMP memecoins, dogecoin (DOGE), and bonk (BONK). Eric Balchunas, senior analyst at Bloomberg Intelligenceindicated through his personal X account that the presentation of the S-1 form before the Securities and Exchange Commission (SEC) also includes the launch of…
The proposed funds range from spot, leveraged and inverse. ProShares is the leading cryptocurrency-based ETF applicant in January. The start of 2025 marked a new chapter in the interaction between the cryptocurrency market and regulated financial instruments. Applications for exchange-traded funds (ETFs) with cryptocurrencies as underlying assets have grown significantly, with XRP and solana (SOL)…
For now, only bitcoin and ether have ETFs in the United States. There are ETF applications for Litecoin, Solana, and XRP, among other cryptocurrencies. The company Canary Capital submitted to the SEC, the US regulator, an S-1 amendment for its proposed Litecoin (LTC) cryptocurrency exchange-traded fund (ETF). Although this does not guarantee that this instrument…
The price of bitcoin (BTC) once again reached $100,000, driven by a notable inflow of capital into spot exchange-traded funds (ETFs) operating in the United States. This rally is mainly attributed to the performance of the Fidelity Wise Origin Bitcoin Fund (FBTC), which led the day with revenues of $463 millionaccording to SosoValue data. Capital…
The largest bank in the United States, JPMorgan, estimates that exchange-traded funds (ETFs) based on XRP, Ripple’s cryptocurrency, could attract between $4 billion and $8 billion in investments over the first 6 to 12 months, if approved. approved by the regulator. This projection is part of a broader analysis which places the total potential of…
The imminent entry of Donald Trump as president of the United States portends a year of innovations in cryptocurrency exchange-traded funds (ETFs), which could shake up the market. This is highlighted by a new report from the research company, VettaFi. “Several cryptocurrency ETF applications are already in various stages of approval,” stands out the company….
Purchases on exchanges offset money outflows from ETFs. Generally, a negative capital flow for ETFs implies a drop in the price of bitcoin. Yesterday, January 13, bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded money outflows of more than $284 million and have accumulated three consecutive days in the red. According to data…
President-elect Donald Trump’s nominee for the US Treasury Department, businessman Scott Bessent, has invested up to half a million dollars in the spot bitcoin (BTC) price exchange-traded fund (ETF) issued by BlackRock . According to their reports personal investment, Bessent has placed between $250,000 and $500,000 in the iShares Bitcoin Trust ETF (IBIT)which is the…
