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Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed.
The SEC has approved in-kind redemptions for crypto ETFs, enabling a feature sought by Bitcoin and Ethereum fund issuers.
Ethereum ETFs see rising inflows, overtaking Bitcoin in popularity as institutional investment trends shift toward ETH.
The decision allows authorized participants to create and redeem ETF shares directly in BTC or ETH, rather than having to use cash.
BlackRock’s IBIT now holds more than 700,000 BTC. The fund has managed to achieve this milestone 18 months after its launch, and its total returns since inception stand at 82.67%.
The design software company invested $55M in a Bitwise Bitcoin ETF and got board approval to convert $30M USDC into Bitcoin.
BlackRock’s iShares Bitcoin Trust (IBIT) is now generating more annual fee revenue than its signature tracker of the S&P 500 Index, according to a Bloomberg report.
BlackRock's Ethereum ETF hits $10B milestone, MicroStrategy raises $2.5B for more Bitcoin amid lawsuits, and MARA Holdings ...
At the world’s biggest asset manager, a Bitcoin exchange-traded fund now generates more revenue than its signature tracker of the S&P 500 Index.
BlackRock's spot Bitcoin ETF made more in annual fees than its S&P 500 fund, reflecting strong demand from Wall Street to access Bitcoin.
Key PointsThe ARK 21Shares Bitcoin ETF closely tracks the price of Bitcoin, but it's simpler to manage than direct crypto ownership.
Bitcoin's (CRYPTO: BTC) price may continue to stay within its current trading range despite rising institutional interest and significant ETF inflows, according to Michael Bucella, managing ...
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