Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more. Go to Source
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BlackRock sets spot Ether ETF fee at 0.25% amid rush of S-1 filings
BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes first. Go to Source
Grayscale launches new decentralized AI fund
The fund is available only for accredited investors. Its basket includes native tokens from Bittensor, Filecoin, Livepeer, Near, and Render. Go to Source
BlackRock’s IBIT draws $260M as Bitcoin ETFs notch 8th day of inflows
United States spot Bitcoin ETFs notched $422.5 million of net inflows on Tuesday, marking their strongest trading day in more than a month. Go to Source
SEC has given ‘preliminary approval’ to at least 3 ETH ETF issuers: Report
BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator, sources say. Go to Source
Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 million, respectively. Blackrock’s IBIT and Fidelity’s FBTC Dominate Friday’s Bitcoin ETF Inflows On Friday, the U.S. spot bitcoin ETFs experienced a strong trading day … Read more
Spot Bitcoin ETFs see highest flow day in over 5 weeks
The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million. Go to Source
US Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap
The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s IBIT leading by bringing in $72.09 million. U.S. Bitcoin ETFs Record Fifth Consecutive Day of Inflows Among the 11 spot bitcoin ETFs trading in the … Read more
US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions. Bitcoin ETFs in U.S. Report $147.37M Inflows, Led by Fidelity’s FBTC Spot bitcoin ETFs in the U.S. garnered an additional $147.37 million yesterday, marking the … Read more
Grayscale Sets Record Date for Ethereum Mini Trust Distribution
Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly formed Grayscale Ethereum Mini Trust. The distribution will be allocated to shareholders of the existing Grayscale Ethereum Trust on a 1:1 basis. Grayscale Prepares for July 18 Distribution of Ethereum Mini Trust Shares Grayscale, known … Read more