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Bitcoin, Ethereum ETFs Of Asian Origin Record Lackluster Performance As Volatility And US Regulatory Uncertainty Keeps Investors Away
Monday, September 9, 2024 - 2:13am | 651The first-ever cryptocurrency exchange-traded funds (ETFs) that were introduced in Hong Kong earlier this year have experienced subpar performance and a lack of investor interest, despite the initial excitement surrounding their launch. What Happened: A recent report by Nikkei Asia revealed that...
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Summer Target Date for Ether ETF Launch Marks Milestone In Crypto Integration
Thursday, June 20, 2024 - 8:48am | 460Bloomberg analyst Eric Balchunas expects a potential launch date of July 2 for the spot Ether exchange-traded fund (ETF). The forecast follows updates from the Securities and Exchange Commission (SEC). This prediction comes after the SEC staff provided feedback to issuers, asking for adjustments...
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Hong Kong Poised To Approve Spot Bitcoin And Spot Ether ETFs: Report
Friday, April 12, 2024 - 8:58am | 555Hong Kong is on the verge of becoming a major player in the cryptocurrency exchange-traded funds (ETF) market, with potential approvals for spot Bitcoin ETFs and spot Ether ETFs expected as early as this week. What Happened: This move positions Hong Kong as a competitor to Singapore and Dubai in...
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Bitcoin ETF Issuers Doubtful If SEC Will Approve Ether ETF: 'Pins Are Dropping As Far As Ethereum Is Concerned'
Tuesday, April 9, 2024 - 9:14am | 725Amid the evolving landscape of cryptocurrency investment vehicles, issuers of Bitcoin (CRYPTO: BTC) ETFs have cast doubt on the U.S. Securities and Exchange Commission’s (SEC) readiness to greenlight an Ethereum-based ETF (CRYPTO: ETH). What Happened: Issuers of Bitcoin ETFs expressed doubts...
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Ethereum Foundation Faces Confidential Probe Amid Looming ETF Deadline
Wednesday, March 20, 2024 - 1:29pm | 519The Ethereum Foundation, a pivotal nonprofit organization within the Ethereum (CRYPTO: ETH) ecosystem based in Switzerland, is currently the subject of an investigation by an undisclosed government authority. What Happened: This development was revealed through an update on the organization's...
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Ethereum Registers 15% Weekly Gain, $3,000 Within Reach: 'As Bullish As Fundamentals Can Get,' Says Analyst
Monday, February 19, 2024 - 5:11pm | 693Ethereum (CRYPTO: ETH) posted a 3.6% gain in the past 24 hours and is closing in on the $3,000 mark during Monday’s trading session. The last time the token reached these levels was in April 2022. What Happened: This surge takes the weekly gains to 15%, outpacing the gains of the...
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BlackRock CEO Larry Fink: 'I'm A Big Believer,' Sees Value In Having Ethereum ETFs
Friday, January 12, 2024 - 10:18am | 491BlackRock Inc. (NYSE: BLK) CEO Larry Fink is officially a "believer" in the potential of Ether (CRYPTO: ETH) exchange-traded funds (ETFs). What Happened: In an interview with CNBC on Friday, Jan. 12, Fink admitted he was initially skeptical, but now embraces the idea of cryptocurrencies...
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BlackRock's Nasdaq Filing Paves Way For New Ether ETF
Thursday, November 9, 2023 - 6:23pm | 673In a move that signals growing institutional interest in cryptocurrency, BlackRock Inc. (NYSE: BLK), the global investment management colossus, has taken a step toward launching an Ether exchange-traded fund. The firm submitted the required 19b-4 form late Thursday afternoon ...