ETF

The post Bitcoin Spot ETF Sees $105 Million Net Inflow appeared first on Coinpedia Fintech News On June 3, Bitcoin spot ETFs witnessed a net inflow of $105 million, marking the fifteenth consecutive day of positive inflows. Fidelity’s ETF, FBTC, led the way with an inflow of $77.0482 million. Similarly, Bitwise’s ETF, BITB, saw an inflow of $77.0482 million. In contrast, Grayscale’s ETF, GBTC, did not record any net inflow or outflow for the day. This continued interest in Bitcoin…

The post Wisconsin Pension Plan Eyes Larger Bitcoin ETF Investments, Says Marquette Professor appeared first on Coinpedia Fintech News According to the finance professor of Marquette University, David Krause, the initial investment of the State of Wisconsin Investment Board (SWIB) in spot bitcoin ETFs is only a trial phase. Earlier this year, SWIB added the iShared Bitcoin Trust of BlackRock and the Bitcoin Trust of Grayscale to its portfolio, worth $164 million. Krause talked about the innovative approach undertaken by…

The crypto world expects the value of Ethereum (ETH) to surpass $4000 following the SEC’s approval of Ethereum ETF, and this expectation hinges on the fact that the approval will bring massive exposure and more mainstreamness to ETH. But it’s not just ETH that is on investors’ radar. Two underdogs, Algotech and Notcoin are equally getting the attention for the right reasons. With Algotech's successful presale and Notcoin’s massive price rally, the underdogs are proving that they can compete for…

The recently approved Ethereum ETFs are soon going to be listed for trading which is likely to spur up the markets even more. As such, top market expert Lark Davis has set a bigger price target for ETH, suggesting that the leading altcoin will outperform Bitcoin in the next leg of this bull run. Meanwhile, other market experts have identified top altcoins that are set to yield bigger gains. The analyst pseudonymously known as Bluntz has said that Floki is…

Monochrome Asset Management is set to make history with the launch of Australia’s first spot Bitcoin (BTC) exchange-traded fund (ETF) that holds Bitcoin directly. The Monochrome Bitcoin ETF (IBTC) will begin trading on the Cboe Australia exchange on Tuesday, June 4, 2024, at 10:00 AEST (00:00 UTC). This marks a significant milestone for the Australian crypto market. It also offers investors a regulated and transparent way to gain direct exposure to Bitcoin. Direct Bitcoin Holdings: Monochrome’s ETF Debut The introduction…

The post Australia To Join The Spot BTC ETF Race Starting Tomorrow appeared first on Coinpedia Fintech News The Monochrome Bitcoin ETF, Australia’s first spot Bitcoin ETF is all set to start trading on June 4, 2024. This move positions Australia alongside the US and Hong Kong in the rapidly growing BTC ETF market. Monochrome’s ETF has unique features like allowing investors to withdraw and self-custody their Bitcoin, setting it apart from other offerings. The ETF will enable direct exposure…

A recent survey shows 63% of participants favoring XRP, 25.9% supporting Solana, and 11.1% voting for other cryptocurrencies, with XRP proponents citing its clear regulatory status in the U.S. Analysts suggest Ethereum’s spot ETF approval could pave the way for other cryptocurrencies, with Bloomberg’s James Seyffart identifying Solana as a potential candidate. The crypto community remains divided on which digital asset is most likely to secure the next spot ETF approval following the U.S. SEC’s recent endorsement of Ethereum-based ETFs.…

Garlinghouse sees the XRP ETF as inevitable and crucial for crypto adoption. Fink’s comments fuel speculation on Blackrock’s potential XRP ETF. During his interview at Consensus 2024, Ripple CEO Brad Garlinghouse said that an XRP exchange-traded fund (ETF) is inevitable. He underlined that it is only a matter of time before many more crypto assets obtain approval for similar fund offerings. Garlinghouse’s statements indicate a rising trust in the expanding acceptability and integration of digital assets into traditional financial markets.…

The post Will Cardano, XRP and Solana Price See 5x-10x Rally in the Next 12 Months Ahead of ETF Approval  appeared first on Coinpedia Fintech News With the Bitcoin ETF approval and listing earlier this year and the approval of the Ethereum ETF in May, 2024 turns out to be a year of crypto ETFs. Observing the SEC’s change of heart towards crypto ETFs months before the presidential elections in the U.S., more altcoin ETF applications are becoming optimistic.  With…