Global #ETFs

Fidelity has updated its S-1 application with the SEC for its Ether exchange-traded fund (ETF), indicating that the underlying Ether tokens will not be staked. This amendment comes amid speculation about the SEC's stance on spot Ether ETFs, with reports suggesting a shift possibly due to external pressures.

Institutional investors have made a significant entrance into the cryptocurrency market, particularly following the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States.

The U.S. Securities and Exchange Commission (SEC) is facing a critical juncture this week as it deliberates on approving or denying spot Ethereum exchange-traded funds (ETFs), a decision that has attracted considerable attention from major investment firms.

The institutional interest in Bitcoin (BTC) has reached unprecedented levels, as indicated by the latest 13F filings submitted by major financial institutions to the United States Securities and Exchange Commission (SEC).

Inflows into spot Bitcoin exchange-traded funds (ETFs) surged to a two-week peak as the cryptocurrency experienced a 7% surge following the release of significant US inflation data.

BlackRock is rapidly advancing towards becoming the leading Bitcoin fund manager globally, moving from initial skepticism about cryptocurrencies to setting ambitious targets within the crypto industry.