Solana ETF proposed by Grayscale to the SEC

Solana ETF is gaining more support to be released in the United States after Grayscale, following others’ moves to be proposed to the commission. Grayscale Investments, one of the biggest crypto-product-related asset managers, proposed the Solana-based exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC) on Dec. 03. According to the 19b-4 filings with 112 pages, […]

Metaplanet shares added to Amplify Transformational Data Sharing ETF

Metaplanet has been added to the the Amplify Transformational Data Sharing ETF or BLOK, a global index that invests in leading blockchain companies including SBI Holding, MicroStrategy and Nvidia. On Nov. 28, the Japanese investment firm announced its inclusion into BLOK, joining a lineup of 53 companies that engage in the development and utilization of […]

Crypto ETF issuer Bitwise rebrands XRP ETP with Ripple’s backing

Bitwise Asset Management unveiled a rebranding of its European XRP ETP, with blockchain firm Ripple backing the newly renamed product. Bitwise announced Wednesday that it’s rebranding its European XRP exchange-traded product as part of a broader update to its European product suite. In a press release on Nov. 27, the firm said the ETP is […]

Bitcoin ETF volume reached $5b as Bitcoin price dropped $91k

Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin spot exchange-traded fund (ETF) recorded volume trading of $5 billion on Nov. 26; the volume was led by dominant key players in the industry, […]

Bitcoin ETF outflows slow down, $100k BTC still in sight

Spot Bitcoin exchange-traded funds recorded two consecutive outflow days as the top cryptocurrency corrected almost 3% after the U.S. Federal Reserve hinted that further interest rate cuts might not be coming. After three consecutive inflow days bringing in over 2.43 billion between Nov. 11 and Nov. 13, the weekly inflows were offset by two consecutive […]