ETF

The Hong Kong Bitcoin ETF debut generated several reactions with some experts labeling the debut performance as “terribly disappointing”. However, the CEO of Harvest Global Investments Han Tongli believes that these criticisms are politically motivated, and claims the potential of the Hong Kong ETFs more than double that of the US.  The much-anticipated Hong Kong Bitcoin ETFs made a disappointing debut on April 30, with Thursday, May 9, 2024, witnessing a second consecutive daily net outflow since inception. China Asset…

The post Grayscale Bitcoin ETF Outflows Cancels Out Its $66.9M Inflows In Just 2 Days appeared first on Coinpedia Fintech News The Grayscale Bitcoin ETF has nullified its substantial inflows of $66.9 million in just two days as it failed to continue the inflow momentum since then. It recorded outflows worth $28.6 million and $43.4 million on May 7 and May 9. The rest of the spot Bitcoin ETFs recorded positive or no investments in the time frame. On average,…

The post JPMorgan Analysts: Robinhood’s SEC Notice Unlikely to Affect Ethereum ETF Approvals appeared first on Coinpedia Fintech News Led by Nikolaos Panigirtzoglou, a team of JPMorgan analysts set out a report that contested that the recent Wells notice that was issued to Robinhood Crypto by the U.S. SEC over alleged unregistered security offerings is least likely to hinder the potential approval of spot Ether ETFs. Wells Notice to Robinhood Crypto Robinhood Crypto, which offers various trading cryptocurrencies, including Bitcoin…

A proposal to list and trade shares of prominent asset manager Grayscale’s Ether futures exchange-traded fund (ETF) has been withdrawn, as per a new document filed on Tuesday. The filing by the US Securities and Exchange Commission (SEC) revealed that the application for the Grayscale Ethereum Futures Trust ETF, filed by NYSE Arca, Inc. in September last year, was withdrawn on May 3. Previously, the agency had delayed consideration of Grayscale’s ether futures ETF, with the most recent postponement occurring…

The post Why Does Bitcoin Still Require Correction After ETF and Halving? Why Are Markets Perplexed Following a Bullish Event? appeared first on Coinpedia Fintech News A fresh wave of volatility has hit the crypto markets as the prices of the majority of the cryptos have been fluctuating close to their support levels. Meanwhile, the Bitcoin price is also facing equal bullish and bearish pressure, which suggests a major price action is on the horizon. However, the question remains why…

Susquehanna International Group, a behemoth in asset management with a trading volume handling numerous financial products globally, has made a substantial investment in Bitcoin through various exchange-traded funds (ETFs). A disclosure to the Securities and Exchange Commission (SEC) on May 7 revealed that Susquehanna held approximately $1.2 billion in spot ETFs during the first quarter of 2024. The Bitcoin ‘Monster Whales’ Are Here The details of the investment are particularly notable for their scale and diversity. Susquehanna now holds 17,271,326…

Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7, the firm disclosed its ownership of more than $1 billion in exchange-traded funds (ETFs). Susquehanna’s Crypto Portfolio The filing, submitted to the Securities and Exchange Commission, disclosed Susquehanna’s ownership of 17,271,326 shares in the Grayscale Bitcoin Trust (GBTC), with a market value of approximately $1.09 billion as of March 31,…

South Korea is on the brink of introducing Asia’s first spot Bitcoin ETF, potentially revolutionizing the cryptocurrency market. Speculations arise on Bitcoin’s price potentially hitting the $80,000 mark with the new ETF approval. In line with recent updates by CNF, South Korea is paving the way for Asia’s first spot Bitcoin ETF following a key meeting with SEC Chair Gary Gensler, potentially positioning itself in a trillion-dollar market. According to a BloomingBit report, the Democratic Party is preparing to leverage…

Exchange-traded funds (ETFs) have been in the rage since Bitcoin ETFs were approved last month, and now there are several Ethereum ETFs on the horizon. In the wake of ETF mania, many coins are surging. Ethereum itself, of course, is heading higher. As is Toncoin and newcomer Raboo – currently on presale for $0.0042. These three tokens are just some of the top cryptos to invest in right now for life-changing returns. Ethereum (ETH): Ethereum ETF to Dominate Markets Exploring…