Bitwise files for first XRP ETF with US SEC
Subject to approval from the SEC, the potential Bitwise XRP ETF is designed to provide exposure to the value of XRP held directly by the trust. Go to Source
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Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook on the future of XRP ETFs. Bitwise’s Move Toward an XRP … Read more
Bitwise has filed an XRP ETF
The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware. Go to Source
Blackrock’s Bitcoin and Ether ETFs Lead Inflows Amidst Strong Trading Day
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It was a solid day for U.S. spot bitcoin and … Read more
Bitwise CIO Highlights Bitcoin’s Role as a Hedge Against U.S. Public Debt
Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar. In social media, Hougan stated that bitcoin was an instrument that allowed investors to put funds in the market taking public debt into … Read more
‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. … Read more
Ethereum is a ‘contrarian bet’ into 2025, says Bitwise exec
Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025. Go to Source
‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan. Go to Source
Spot Bitcoin ETFs Snap Outflow Trend With $28.72M Inflows; Ether ETFs Falter
According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outflows of $5.2 million during the trading session. Bitcoin ETFs Recover $28.72M in Inflows; Ether ETFs Shed … Read more
Bitcoin ETFs see $28.6M inflows after 8-day outflow streak
Three spot Bitcoin ETF issuers saw an inflow on Sept. 9 — but it didn’t include BlackRock, which recorded a rare outflow on the day. Go to Source