It hasn’t been a December to remember for crypto. Yet another stark reality check for crypto investors unfolded last week. After the early December rollercoaster of ETF flows, the market had seen a modest recovery of roughly $465 million across Bitcoin and Ethereum ETFs in the two-week stretch ending December...
The U.S. Commodity Futures Trading Commission (CFTC) has launched a pilot program permitting Bitcoin, Ether, and USDC to be used as collateral in derivatives markets. Announced in Washington by Acting Chair Caroline Pham, the initiative marks a step toward clearer, practical rules for tokenized assets under the GENIUS Act, following...
After ending November on a high note with Bitcoin and Ethereum ETFs pulling in $380 million, the start of December flipped the script. From Dec. 1–5, top Bitcoin and Ethereum ETFs saw net outflows of about $87.8 million and $65.4 million, according to Farside Investors. Investors appear to be taking...
Crypto prices may be flagging, but Bitcoin and Ethereum ETFs saw positive flows last week. After three straight weeks of heavy redemptions, the $2.4B early-November wipeout, followed by $1.32B and then $1.58B outgoing flows, last week finally broke the streak. Data from Farside Investors shows that from Nov. 24–28, spot...
Bitcoin ETF issuers like BlackRock and Fidelity are starting to feel the effects of the recent crypto sell-off. Coming off a $2.4 billion sell-off and a follow-up $1.32 billion withdrawal the week after, last week brought a third straight wave of redemptions across major Bitcoin (BTC) and Ethereum (ETH) ETF...
Crypto ETF giants like BlackRock and Fidelity are not immune to the recent crypto correction. Two weeks after the heavy $2.4 billion hit that shook both Bitcoin (BTC) and Ethereum (ETH) ETF issuers, last week brought another round of withdrawals, though on a softer scale. Between November 10 and 14,...
Ramit Sethi is an American personal finance advisor, author, entrepreneur, and media personality. With his in-depth knowledge of investing strategies, Sethi has made a significant impact on the lives of countless people looking for financial guidance. The son of first-generation Indian immigrants, Sethi is now seen as a leading figure...
MegaETH aims to bring real-time transaction speed to Ethereum. The recent presale for MegaETH was rapidly oversubscribed, indicating significant market interest. The event concluded in just five minutes. MegaETH is the latest layer-2 solution that seeks to enable instant transaction processing on Ethereum, maintaining high performance even during periods of...
It also launched new AI partnerships with ChatGPT and Perplexity. PayPal (NASDAQ:PYPL), the long-time leader in online payments, saw its stock price soar some 13% on Tuesday after it released robust third quarter results and elevated its outlook for the fiscal year. But beyond and earnings beat and guidance raise,...
Stablecoin issuer Tether has profit margins that would make even the richest companies in the world envious. Tether Holdings Ltd., the company behind the world’s largest stablecoin USDT, expects to generate close to $15 billion in profit this year, Bloomberg reported, citing comments from CEO Paolo Ardoino. The El Salvador–based...
Former crypto mining company BitMine Immersion now holds more Ethereum than any other publicly-traded company. BitMine Immersion Technologies, Inc. (NYSE American: BMNR), one of the largest institutional crypto holders, has announced that its total crypto and cash holdings now amount to $13.4 billion, a growth largely due to the company’s...
Big inflows into Bitcoin and Ethereum hint at a strong rebound after the $19B crypto sell-off. A resurgence of investor confidence is evident in the renewed interest in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). According to Farside Investors' data, there was a net inflow of $102.7 million into...
After the success of the first Bitcoin ETFs, investor attention has quickly turned to Ethereum Grayscale’s launch of its Ethereum Trust (ETHE) marked a major milestone, giving traditional investors a way to gain exposure to Ether through an exchange-traded product instead of buying it on a cryptocurrency exchange. In this...
The excitement around crypto ETFs is rising. On one side, institutional money is pouring into Bitcoin and Ethereum ETFs at record speed. Pension funds, family offices, and hedge funds are finally getting their safe slice of the digital pie. This is great news for legitimacy, and we expect to see...
The ability to earn yield and unmatched liquidity in decentralized finance might give Ethereum the edge for corporate treasuries. Ethereum is emerging as the stronger contender among major digital assets as corporate treasuries look to balance holdings under tighter market conditions, according to new research from Standard Chartered. The bank’s...
