News list for "Spot to"
According to the October 11 filing, the SEC has again postponed its decision on options on spot Ethereum ETFs. The SEC delayed a decision on a proposed rule change that would allow the Cboe exchange to list options related to several popular spot ETH funds, the filing said, and the deadline for the agency's ruling has been pushed back from October 19 to December 3. Bloomberg industry research analyst James Seyffart said that BTC ETF options are likely to be launched in the United States in Quart...
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that the spot Ethereum ETF did not perform well in the first month, and the outflow reached $476 million, because the newly launched products failed to offset the unlocking impact of ETHE, and the influence was too large (which is why I reiterate how heroic the nine new Bitcoin ETFs performed). But the good news is that the unlocking will end and there will be light at the end of the tunnel.
On September 1st, Galaxy Research recently posted on X that since its launch, the trading volume of the spot Ethereum ETF has been significantly lower than that of the spot Bitcoin ETF, and both are far below the ETH/BTC CEX trading volume and market cap ratio. Multiple factors have led to this result, the most important of which is that the major trading platforms have not yet provided margin for the ETHETF. To control for some of these factors, such as the lack of margin availability, it is po...
The spot Ethereum ETF saw inflows for the third day in a row, marking the longest inflow cycle since its launch. According to FarsideInvestors, inflows into spot Ether ETFs totaled $10.80 million on August 14. BlackRock's IBIT and Fidelity's FETH led with inflows of $16.10 million and $6.60 million respectively, while Grey Release's ETHE again saw the only outflow, at $16.90 million. At the same time, the total outflow of funds from the spot BTCETF on the day reached $81.40 million.
According to people familiar with the matter, Morgan Stanley is monitoring the development of the newly approved spot Ethereum ETF market, but has not yet committed to providing its clients with access to these ETFs.
Bloomberg ETF analyst Eric Balchunas said on X that the volume of the second trading day of the spot Ethereum ETF ETHA was similar to the first day, or even slightly increased. This is a good sign, because many times after the first day of hype, there will be a big drop.
Gemini announced that it will serve as the custodian of the VanEck Spot Ethereum ETF (ticker: ETHV), just a few months after the company joined forces with VanEck to launch a spot bitcoin ETP.
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that 15 minutes after the spot Ethereum ETF started trading, the total amount of transactions reached 112 million US dollars, which is a huge number compared to normal ETF issuance, but only about half of the first day of Bitcoin ETF trading volume.
Bloomberg ETF analyst Eric Balchunas said that the spot Ethereum ETF race has begun, and the $1 billion spot Ethereum ETF will switch from ETHE to Mini ETH, a new variable in this race that has not been encountered in the Bitcoin race.
BlackRock (BLK. N) said its iShares Spot Ethereum ETF is about to launch and is expected to begin trading on the Nasdaq on July 23.
