ETF

CME Group will launch new reference rates and real-time indices for XRP, sparking speculation about an XRP ETF. The ongoing SEC vs. Ripple case impacts the future of XRP, with investors awaiting the final verdict. CME Group, the world’s largest derivatives exchange, announced it is introducing new reference rates and real-time indices for Ripple’s XRP and the Internet Computer (ICP). As highlighted in our previous article, this new update will go live on July 29th. This has also raised questions…

Justin Sun, founder of Tron, has invested $5 million in Ethereum (ETH) amidst the Spot Ethereum ETF frenzy. Sun has accumulated over 362,751 ETH since February 2024, using three different wallet addresses. Justin Sun, founder of Tron, has made a significant move in the cryptocurrency market by investing $5 million in Ethereum (ETH). This purchase marks Sun’s entry into the frenzy surrounding Spot Ethereum ETFs. Spot On Chain, an on-chain analytics platform, has said that a large Ethereum transaction could…

Analyst predict that ETH’s chart looks almost identical to Bitcoin before it surged 200% last year.  Staked ETH has also been on the rise and is currently at 33. 3 million ETH, which is 27. 7% of the total supply of ETH. In a recent tweet, Bloomberg ETF analyst Eric Balchunas predicted that July 18 could mark the launch of the much-anticipated spot Ethereum ETF. This forecast comes after the Securities and Exchange Commission (SEC) made changes to the S-1…

The post Ethereum ETF Approval Next Week: These Altcoins Reveal 100% Upside appeared first on Coinpedia Fintech News With crypto market gurus anticipating the Ethereum ETF listing finally coming next week, the recovery rally in the altcoins is expected to go ballistic. Further, with the high anticipation of BTC prices rising above $60K, these low-cap crypto offer massive upside potentials. Closely linked to the Ethereum blockchain and known to amplify bullish moves, these altcoins might surge 100% next week with…

The post Bitcoin ETF Records Inflow Of Over $1 Billion This Week, $310 Million Within Past Day! appeared first on Coinpedia Fintech News Reportedly, BitcoinETF has recorded an inflow of +310 Million, the highest single-day inflow over the past 25 trading days. With this, the total inflow this week has crossed the $1 Billion mark. Notably, BlackRock’s “IBIT” led the leaderboard with a $120 Million inflow, followed by Fidelity’s “FBTC” with $115 Million. Positively, Grayscale’s “GBTC” has recorded an inflow…

The post Ethereum ETF Launch To Push Prices to $6K, Says Top Analyst! appeared first on Coinpedia Fintech News Weekends typically see reduced market activity and lower trading volumes, leading to stability in crypto prices. This weekend, Ethereum found renewed demand for around $3,100.  Meanwhile, Prominent crypto analyst Michael van de Poppe predicts that the Ethereum ETF will launch next week. This launch could drive a significant price reversal for ETH, attracting more interest and trading activity. Insights from ETH.CC…

The post Ethereum ETF Set To Launch Next Week: Is ETF’s Impact on ETH Price Highly Underestimated? appeared first on Coinpedia Fintech News The German government has left with nearly 5000 BTC after selling more than 90% of their balance in the past few days. This has pushed the market and the participants into disbelief as the selling pressure continues to mount without enough participation from the bulls. While Bitcoin is struggling to hold $57,000, Ethereum’s price is comfortably sitting…

The post Bitcoin ETF Records A Positive Inflow For The 5th Consecutive Day, GBTC Continues Losing Momentum! appeared first on Coinpedia Fintech News The BitcoinETF witnessed an inflow of $78.9 Million yesterday, resulting in it recording a positive inflow for the fifth consecutive day. BlackRock’s “IBIT” has recorded the highest inflow with $72.1 Million followed by Fidelity’s “FBTC” with $32.7 Million. However, Grayscale’s “GBTC” continues to record its outflow streak for the third day with $37.7 Million.

REX Shares has announced the launch of the T-REX 2X Long Bitcoin Daily Target ETF which will offer investors a 200% exposure to BTC’s daily performance. The company also announced an inverse ETF providing -200% exposure, making them the two most volatile ETFs in the US market and targeting risk-tolerant traders. The pursuit of outsized gains in the crypto market is set to take a fresh twist with the launch of America’s most volatile Bitcoin ETFs. Launched by REX Shares,…