Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETF
Solana ETF Approved in Brazil: SOL Price Hit New ATH Against Ethereum
The post Solana ETF Approved in Brazil: SOL Price Hit New ATH Against Ethereum appeared first on Coinpedia Fintech News Amid the ongoing crypto rebound in the past 24 hours fueled by the final ruling of the SEC vs Ripple lawsuit, Solana’s (SOL) price rallied nearly 7 percent to trade at about $155 on Thursday during the early Asian session. The large-cap altcoin, with a fully diluted valuation of about $90 billion and a daily average traded volume of around…
10 months ago
BlackRock Plans Ethereum ETF Options, Files With SEC
In a notable development, BlackRock, one of the world’s largest asset managers and ETF issuers, has collaborated with the Nasdaq Stock Market in a move to introduce options for its Ethereum ETF recently approved by US regulators. 2025 Decision On Ethereum ETF Options Proposal The filing with the US Securities and Exchange Commission (SEC) outlines BlackRock’s proposal to amend Options 4, Section 3 to allow for options trading on the iShares Ethereum ETF Trust. Per the filling, if approved, options…
10 months ago
Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves
The post Ethereum Spot ETF Sees $98M Inflow Amid Bullish Market Moves appeared first on Coinpedia Fintech News On August 6th, the Ethereum spot ETF witnessed an impressive net inflow of $98.30 million, signaling a robust confidence in $ETH among investors. The Grayscale ETF ETHE saw an outflow of $39.73 million, suggesting some sell-offs in the market. However, the BlackRock ETF ETHA attracted a significant inflow of $110 million, showcasing bullish sentiment. Additionally, the Fidelity ETF FETH contributed an inflow…
10 months ago
Ethereum Spot ETF Records Stability As Graysclae’s “ETHE” Records Lowest Outflow!
The post Ethereum Spot ETF Records Stability As Graysclae’s “ETHE” Records Lowest Outflow! appeared first on Coinpedia Fintech News On 06th August, the ETH ETF recorded the lowest outflow since inception. Reportedly, Blackrock’s “ETHA” did not record any flow yesterday. Fidelity’s “FETH” has recorded the highest inflow of $22.5 Million, followed by Grayscale’s “ETH” with $4.7 Million. On the other hand, Franklin’s “EZET” has added $1 Million. Bitwise, VanEck, 21 Shares, and Invesco have each recorded a neutral flow. Grayscale’s…
10 months ago
From $49K to $54.6K in an Hour: Bitcoin ETF Saves The Day!
The post From $49K to $54.6K in an Hour: Bitcoin ETF Saves The Day! appeared first on Coinpedia Fintech News The crypto world is gaining positive sentiment again as Bitcoin (BTC) pulls off an incredible 3.16% jump in just one hour though the market is showing brarish movements. At the time of pressing, Bitcoin stands at $54,600 which is a significant recovery from its earlier dip to $49,000. Let’s Explore the reasons causing this drive in the price of bitcoin.…
10 months ago
Solana (SOL) ETF Is Getting Closer and Closer, Mpeppe (MPEPE) Presale Is Closing in on Stage 3
As the financial world buzzes with the imminent arrival of a Solana (SOL) ETF, the cryptocurrency market is also abuzz with another exciting development: the presale of Mpeppe (MPEPE) is rapidly advancing toward Stage 3. This convergence of major events presents a unique opportunity for investors to capitalize on both established and emerging market trends. Here’s an in-depth look at why this is a pivotal moment for both Solana (SOL) and Mpeppe (MPEPE). The Solana (SOL) ETF: A Game-Changer on…
10 months ago
Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report
Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients. Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote crypto-based investment products. Bitcoin ETF Exposure For High-Net-Worth Investors According to a CNBC report, sources familiar with the policy change said that Morgan Stanley will…
10 months ago
Solana ETF Prospects as BlackRock and VanEck Take Positions
VanEck Head of Digital Assets Research Mathew Sigel says Solana ETFs (exchange-traded funds) could hit markets sooner than expected. The firm’s position differs from that of BlackRock, which thinks it may be premature to have the financial instrument now. Solana (SOL) remains a formidable contender in the crypto market. It first challenged Ethereum on scalability and network fee metrics before ascending to the ETFs debate. Solana ETFs a Growing Possibility, VanEck‘s Sigel Sigel advocates for Solana ETFs, using the…
10 months ago
Grayscale’s New Bitcoin Mini Trust ETF Debuts With Industry-Low Fees
Grayscale Investments has launched a new Bitcoin exchange-traded fund (ETF) with the lowest fee structure in the United States. The Grayscale Bitcoin Mini Trust, known by the ticker “BTC,” started trading on Wednesday on NYSE Arca. It has a competitive fee of 0.15%, the lowest amongst all spot Bitcoin ETFs. Grayscale Bitcoin Mini Trust Debuts on NYSE Arca This strategic launch of the mini-trust format provides a fresh investment avenue for Bitcoin ETF investors. This new trust aims to distribute…
10 months ago