Bookmarking Crypto Insights
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Fidelity Investments has taken a bold step in the cryptocurrency market by submitting a Form S-1 for a proposed spot Ethereum exchange-traded fund (ETF) with staking capabilities, according to recent SEC filings. This move underscores Fidelity’s commitment to expanding its presence in the burgeoning digital asset space. Fidelity filed a Form S-1 for a proposed … Read more
The Grayscale Ethereum Trust (GET) is making headlines once again as its discount narrows to -20%, a level not seen since November 2023. This development comes amidst growing uncertainty surrounding the potential approval of a spot Ethereum exchange-traded fund (ETF) in May. GRAYSCALE ETHEREUM TRUST DISCOUNT HITS -20% The discount on the Grayscale Ethereum Trust … Read more
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s reserves. Record-Breaking Outflow Hits Grayscale Bitcoin Trust Grayscale has continued to face outflows, marking … Read more
Recent data highlights significant shifts in the distribution of Bitcoin across various sized on-chain wallets, coinciding with the increasing popularity of ETFs. According to insights from Santiment feeds, the past 30 days have seen notable changes: – There has been a 7.4% increase, equating to 147 more wallets, holding at least 1,000 BTC compared to … Read more
Bitcoin surged past the $42,000 mark yesterday, currently trading at $41,800, coinciding with the S&P 500 reaching a new All-Time High. This has sparked optimism in the crypto community, with expectations that major cryptocurrencies like Bitcoin might “regress to the mean” and align with the performance of equity markets. The cryptocurrency market has notably lagged … Read more
In a surprising turn of events, the term “nano” took the spotlight on social media platforms, surpassing words associated with Bitcoin spot ETFs in popularity, according to Santiment data from January 11 to January 12. Despite being the 271st ranked cryptocurrency with a market capitalization of $160.88 million, Nano ($XNO) exhibited resilience and notable social … Read more
In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has given its approval for the listing and trading of 11 Spot Bitcoin ETFs, marking a significant milestone for the cryptocurrency asset class. 🚨🚨🚨 OFFICIAL: Spot #Bitcoin ETFs approved by #SEC Includes: 🟩 VanEck🟩 Bitwise🟩 Fidelity 🟩 Franklin🟩 Valkyrie 🟩 Hashdex🟩 Ark Invest🟩 Grayscale🟩 … Read more
The Grayscale Bitcoin Trust, one of ARKW’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block. Go to Source
BlackRock, Cathie Wood’s ARK and WisdomTree are the latest spot Bitcoin ETF applicants to revise their filings with the U.S. SEC. Go to Source
New updates to BlackRock’s Bitcoin spot ETF filing come as BTC price strength narrowly retains $40,000 as support. Go to Source
