Tokenized ETFs

Mixed Signals in Bitcoin ETF Market Amidst Grayscale’s Record Outflows
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Mixed Signals in Bitcoin ETF Market Amidst Grayscale’s Record Outflows

The landscape of Bitcoin ETFs in the US is witnessing a paradox of flows, with the recent market activities reflecting a mixed sentiment among investors. After a sequence of inflows, the Bitcoin ETF market encountered a significant net outflow, primarily attributed to a massive withdrawal from Grayscale’s GBTC fund, which saw a record outflow of...

China Fund Eyes Q2 for Launch of Hong Kong’s First Spot Bitcoin ETF
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China Fund Eyes Q2 for Launch of Hong Kong’s First Spot Bitcoin ETF

In a bold stride towards embracing cryptocurrency, the Hong Kong subsidiaries of leading fund companies, including Southern Fund and Harvest Fund, are spearheading the development of Bitcoin exchange-traded funds (ETFs). A recent report highlights the submission of a spot Bitcoin ETF application to the Hong Kong Securities Regulatory Commission by Harvest Fund, marking a significant...

SEC Subpoenas Stir Concerns for Ethereum’s Future and ETF Prospects
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SEC Subpoenas Stir Concerns for Ethereum’s Future and ETF Prospects

Recent developments have cast a shadow over the cryptocurrency industry, with the United States Securities and Exchange Commission (SEC) issuing multiple subpoenas to parties connected to the Ethereum Foundation. This action, reported by Fortune on March 20, 2024, has ignited fears that Ether, Ethereum’s native cryptocurrency, might be reclassified as a security—a move that could...

Historic Outflows from Bitcoin ETFs Amid Price Downturn
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Historic Outflows from Bitcoin ETFs Amid Price Downturn

On March 19, 2024, United States-based Bitcoin exchange-traded funds (ETFs) recorded their most significant outflow to date, as Bitcoin’s value plummeted, briefly touching $62,000. This mass withdrawal amounted to $326 million across ten funds, underscoring the escalating investor concern amidst the cryptocurrency’s price volatility. Grayscale’s Bitcoin Trust (GBTC), the largest of these ETFs, saw a...

South Korea Explores Local Spot Bitcoin ETF Amid Regulatory Changes
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South Korea Explores Local Spot Bitcoin ETF Amid Regulatory Changes

Presidential Office Advocates for Spot Bitcoin ETFs South Korea’s Office of the President has made a significant move by urging the country’s financial regulator to consider the approval of a local spot Bitcoin exchange-traded fund (ETF). This initiative demonstrates South Korea’s interest in aligning its financial regulations with international trends, particularly in the realm of...

SEC Approves First U.S.-Listed Bitcoin ETFs in Landmark Decision
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SEC Approves First U.S.-Listed Bitcoin ETFs in Landmark Decision

Major Boost for Bitcoin and Crypto Industry In a significant development for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved the first U.S.-listed exchange-traded funds (ETFs) that will track bitcoin. This landmark decision will allow investors to gain exposure to bitcoin without directly holding the cryptocurrency, potentially attracting a broader investor...