ETF

Bitcoin (BTC) has once again captured the attention of investors as it inches closer to the $71,000 price level. In early March, the whole crypto community was disrupted as BTC reached a new all-time high of $68,000 proving yet again to be the best cryptocurrency in the crypto market. In other news, there is a newcomer that has been blazing incredible trails, Borroe Finance ($ROE). This AI crypto is taking on new defi projects and even established altcoins like Monero,…

Cardano (ADA) has recently emerged as a focal point of investor attention, experiencing both a surge in inflows and mounting concerns over its performance. According to the latest data from CoinShares, Cardano-centric investment products witnessed a staggering $1.1 million influx over the past week, marking a notable reversal from the $3.7 million outflows recorded just a week prior. Cardano Sees Massive Inflows This sudden influx catapults Cardano to the forefront of investor interest in similar products, reflecting a growing prominence…

The post Ethereum (ETH) at $3,600 Amid ETF Speculations, Shiba Inu (SHIB) Stays Steady, Furrever Token (FURR) Raises $570K in Presale Under a Month appeared first on Coinpedia Fintech News In the latest crypto recap, Ethereum (ETH) maintains its position around $3,600 amidst growing speculation surrounding the potential approval of an ETF. Meanwhile, Shiba Inu (SHIB) exhibits stability in its price movement, holding steady in the volatile crypto market. Notably, Furrever Token (FURR) has emerged as a standout performer, raising…

Grayscale is optimistic about the approval of the Ethereum ETF by the SEC in May. FLOKI’s price could reach $0.000784 in 2024. PEPE’s price could surge to $0.00003116 before the year’s end. Milei Moneda’s ($MEDA) presale grabs attention around Grayscale’s ETH ETF frenzy. The anticipation surrounding a potential approval of Grayscale’s ETH ETF has fueled massive excitement among investors in recent Ethereum-based meme coins like FLOKI, Milei Moneda ($MEDA), and PEPE. These altcoins have seen huge gains and growing interest…

The most resounding event in the industry this week was the sentencing of former FTX CEO and crypto golden child Sam Bankman-Fried, who has received 25 years of imprisonment. Let’s find out more.  Ethereum   Asset management firm Fidelity has submitted a proposal for a spot Ethereum ETF with staking to the SEC following the success of the first spot Bitcoin ETF.  Consensys, the parent company of self-custody wallet MetaMask, has urged the SEC to approve a spot Ethereum ETF,…

The post Bitcoin ETF March Monthly Report: Insights into Performance Trends appeared first on Coinpedia Fintech News Enter the realm of Bitcoin ETFs, a burgeoning trend that recently gained significant momentum, particularly following the recent approval by the US SEC of approximately 11 Bitcoin Spot ETFs.  The monthly analysis, which delves deep into the performance of both Bitcoin Futures ETS and Spot ETFs, aims to provide invaluable insights for all, including newcomers. This dissects key metrics, including one-month average volume,…

Consensys, the parent company of self-custody wallet MetaMask, has urged the Securities and Exchange Commission to approve a spot Ethereum ETF, emphasizing Ethereum’s security features.  The Securities and Exchange Commission is reportedly looking into ETH’s status as a security, a move that has dampened market sentiment, with many anticipating a delay in an ETF approval.  Consensys Submits Comment Letter  To bolster the case for a spot Ethereum ETF, Consensys has submitted a comment letter to the Securities and Exchange Commission,…

The post ConsenSys Makes Strong Case for Ethereum ETF, Citing Security Edge appeared first on Coinpedia Fintech News ConsenSys, the parent company of the popular crypto wallet MetaMask, is making a strong case for a spot Ethereum ETF (Exchange Traded Fund) in a recent comment letter submitted to the Securities and Exchange Commission (SEC). The letter argues that Ethereum’s security model makes it a more suitable candidate for an ETF than Bitcoin. While the focus has long been on Bitcoin…

The outflows from the Grayscale Bitcoin ETF rocked the market hard last week, leading to a dramatic decline in the BTC price. However, with the new week, there has been a change in direction as investors begin to get bullish on Bitcoin once more. As a result, the outflows from the Grayscale ETF have slowed down, reaching one of its lowest points for the month. Grayscale Bitcoin ETF Outflows Drop 60% Grayscale outflows ramped up last week, spearheading what would…