ETF

Amid rising institutional engagement in Bitcoin, a sharp spike in exchange-traded fund (ETF) inflows over the past few days has sparked interest from traders and analysts alike. Earlier today, a noteworthy analysis from the popular trader Skew on social platform X highlighted a potential risk for Bitcoin amidst its current influx of capital. Skew pointed out the phenomenon he dubs the “headline curse,” noting that while the significant inflow of over $500 million into United States spot Bitcoin ETFs signifies…

The post BlackRock Ethereum ETF Goes Live for Trading! appeared first on Coinpedia Fintech News A day after the SEC’s approval of the S-1 submission for Spot Ethereum ETF, Blackrock’s iShares Ethereum Trust ETF has gone live for trading with the ETHA share now trading at $26.59 as of the opening bell. The BlackRock Ethereum ETF carries a 0.25% sponsor fee while offering a one-year waiver and a fee reduction of 0.12% on the first $2.5 billion in assets under…

In a day marked by the launch of the long-anticipated spot Ethereum (ETH) Exchange-Traded Fund (ETF) in the United States, the market’s response has been unexpectedly subdued. Analysts from Singapore-based crypto asset trading firm QCP Capital have shed light on the reasons behind this muted reaction, blaming the situation on previous market behaviors and other news from the broader market. Why The Ethereum Price Is Not Skyrocketing In their investor note, QCP Capital points out that the market may be…

The post Mt. Gox News Update: How the $2.8B BTC Transfer Affects Crypto Prices Ahead of ETH ETF appeared first on Coinpedia Fintech News After a prolonged consolidation period, Bitcoin has recently experienced a remarkable recovery. Its value has increased by 29% since July 5, reaching a peak of $68,000. This sudden surge is generating enthusiasm among investors.  Mt. Gox ruined the party!  The recent actions by Mt Gox, the collapsed Bitcoin exchange, have created ripples in the crypto market.…

The post Market Reactions To ETH Spot ETF Launch Appear Muted appeared first on Coinpedia Fintech News The market’s reaction to the ETH Spot ETF launch has been muted, with investors waiting to see if it follows the “buy the hype, sell the news” pattern. The options market seems to be expecting more downside movement in the near term, heightened by the US Government and Mt Gox news. With the ETH Spot ETF potentially not impacting prices at the outset,…

The post Nate Geraci Predicts an ETF Dream Team & 5 Hidden Gems Set To Surge While Everyone Else Stagnates appeared first on Coinpedia Fintech News Nate Geraci is creating a lot of noise among cryptocurrency enthusiasts because he said there will soon be an ETF combining spot BTC, SOL and ETH. If this happens, everything we know about trading in this market could be changed entirely. Meanwhile, traders are eyeing undervalued coins, which may result in huge gains. Here…

The post Crypto Market Is HODLing Today: Ethereum ETF, Bitcoin, Memecoins  appeared first on Coinpedia Fintech News The last ten days recorded a daily average $200 million inflow into Bitcoin Spot ETF, Friday aline registered $385 million, and on Tuesday exceeded $ 530 million. Despite increased inflows spot BTC ETFs, the Ethereum Spot ETF approval news the total crypto marketcap is down 1.32% today. TOTAL hovers around to $2.4 Trillion from the past 3 days days.  This is anticipated to…

The post Retire Early with Crypto: Altcoins to Buy Now Ahead of the Ethereum ETF appeared first on Coinpedia Fintech News The crypto market is currently calm, yet anticipation for a bull run is building. Altcoins present a prime entry opportunity as they sit on the edge of explosive growth. With the much-anticipated Ethereum ETF on the horizon, investor interest is shifting towards promising altcoins that could offer substantial returns. Prices are rising, but there’s still time for strategic investments.…

The post Top 3 Altcoins Poised For 10x Rally With Ethereum ETF Launch Today appeared first on Coinpedia Fintech News The SEC officially green-lights the Ethereum ETF applications to begin trading on 23rd July 2024. A historic day for the altcoins and the crypto industry to increase the adoption of Ethereum and, in turn, the demand for $ETH.  While the ETH price will likely rise with the hype before the ETF trading, the bull run depends on net flows. A…