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On May 21, with the potential approval of several spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Grayscale’s Ethereum Trust (ETHE) saw its discount to net asset value (NAV) reach its lowest point since 2021. Grayscale Ethereum Trust’s NAV Discount Diminishes to 2021 Levels About a week ago, Grayscale’s Ethereum … Read more
BlackRock’s IBIT recorded $290 million in inflow on Tuesday, more than the fund has seen in the past 21 trading days combined. Go to Source
According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot bitcoin ETFs in the U.S. continued their streak of positive … Read more
The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15. Go to Source
It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week. Go to Source
ETH price hit $3,100, backed by a favorable court ruling and increased network activity. Go to Source
Bitcoin has surged back to the $63,000 mark today, yet the largest cryptocurrency continues to face resistance as it attempts to climb higher. A key factor contributing to this struggle is the significant number of Bitcoin holders who purchased their assets between the current price and approximately $65,000. You may have noticed Bitcoin facing repeated … Read more
As May approaches its end, a significant number of market watchers are keen to find out whether the U.S. Securities and Exchange Commission (SEC) will approve a spot ethereum exchange-traded fund (ETF). Although Grayscale retracted its plan to convert its Ethereum Trust into a publicly traded ETF, the fund’s discount to net asset value (NAV) … Read more
The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and Grayscale Bitcoin Trust. Go to Source
This week’s Crypto Biz features Robinhood’s Wells notice, Grayscale’s Ether ETF application, Coincheck’s merger deal and Block’s billionaire debt offering. Go to Source
