ETF

The post Solana ETF Coming Soon? 3iQ Files for Solana ETP on the Toronto Stock Exchange appeared first on Coinpedia Fintech News The market is buzzing with news of ETF one of the hot topics for all crypto fans globally. After months of speculation, Solana ETF work is going on. Digital asset manager 3iQ has filed for a Solana (SOL) exchange-traded product (ETP) listing on Canada’s Toronto Stock Exchange (TSE), marking a potential first for North America. This ETP seeks…

The post Which DeFi Token Will Surge the Highest After ETH ETF? SHIB Whales Bet on Bittensor and DTX Exchange appeared first on Coinpedia Fintech News The approval of Ethereum ETF (ETH ETF) has driven notable momentum in the altcoin market. As leading experts suggest that the trading will commence by the start of July, investors seek promising altcoins to showcase massive upside momentum with high investment returns.  While the market is abuzz with ETH ETF, Shiba Inu (SHIB) whales…

VanEck's Bitcoin ETF, the first spot Bitcoin ETF on the Australian Securities Exchange, launched with significant investor interest, marking a historic milestone for cryptocurrency exposure in Australia. First BTC ETF On ASX The VanEck Bitcoin Exchange-Traded Fund (ETF) marked a significant milestone with its debut on the Australian Securities Exchange (ASX) on June 20. The VanEck Bitcoin ETF commenced trading with initial assets of approximately A$990,000 (USD 660,429). This introduction follows the ASX's approval of the listing on Monday, making…

The post Bitcoin Long-Term Holder Sell $1.2B in Two Weeks as ETF Netflows Turn Negative appeared first on Coinpedia Fintech News Bitcoin’s price has faced considerable selling pressure, plunging to approximately $65,000. Recent data from CryptoQuant revealed that the Bitcoin market has witnessed significant activity, with long-term holder whales offloading $1.2 billion worth of Bitcoin in the past two weeks.  Notably, this massive sell-off aligns with negative netflows observed in Bitcoin ETFs over the same timeframe. Major Sell-Off by Long-Term…

The post Analyst Predicts ETH ETF in July: Strategic Altcoin Buys for the Upcoming Bull Run appeared first on Coinpedia Fintech News An exciting forecast has emerged for Ethereum, hinting at an ETF launch this July. With the 2024 bull run in full swing, this development could shift market dynamics. Investors are keenly watching altcoin opportunities that might benefit. The anticipation of an Ethereum ETF has sparked curiosity and strategic planning. What specific altcoins will thrive in this new landscape?…

The post Altcoins at the ‘Best-Buy’ Levels: Here are the Tokens to Pick Before the Spot Ethereum ETF Starts Trading appeared first on Coinpedia Fintech News The crypto markets began the day on a positive note, with the SEC withdrawing their investigation into Ethereum 2.0. While Ethereum and Ethereum-based tokens have gained momentum, the other altcoins also seem to have geared up. The SEC has advanced a step ahead towards the acceptance of ETF and highlighted Ethereum as a ‘Commodity’. …

In a significant development within the cryptocurrency industry, asset manager Hashdex recently submitted an application to the US Securities and Exchange Commission (SEC) for a combined spot Ethereum and Bitcoin ETF.  Ethereum And Bitcoin ETF Merge?  Bloomberg ETF expert James Seyffart noted that Hashdex’s proposed ETF would be market cap-weighted and could potentially accommodate additional digital assets as they gain approval from the SEC.  Hashdex already operates a successful crypto index ETF in Brazil, known as HASH11, which primarily consists of…

ASX approved Australia’s first spot Bitcoin ETF by VanEck, offering investors direct exposure to Bitcoin through a US-listed trust. This ETF marks a significant milestone in Australia’s crypto market. The Australian Securities Exchange (ASX) has greenlit its first spot Bitcoin exchange-traded fund (ETF), marking a significant milestone in the country’s cryptocurrency investment space. VanEck, a prominent issuer in the ETF space, is set to launch Australia’s first spot Bitcoin ETF on June 20th.  This ETF will operate as a feeder…

Analyst Willy Woo attributes Bitcoin’s recent bearish momentum to selling pressure from long-term holders (LTHs), as evidenced by spikes in the Coin Days Destroyed (CDD) metric. The prevalence of “paper Bitcoin”—derivative products that don’t require owning actual BTC—is also contributing to the downturn. Bitcoin has been struggling despite the influx of spot exchange-traded fund (ETF) purchases. Analyst Willy Woo recently explained why BTC has been experiencing bearish momentum in a new thread on X. Woo attributes the downturn to selling…