Lưu trữ cho từ khóa: Fidelity

Bitcoin

Spot Bitcoin ETF net outflows streak hits three days, totaling $361.2m

Để lại phản hồi

Spot Bitcoin exchange-traded funds experienced a third consecutive day of outflows on Oct. 3, pushing the total withdrawals over the period to $361.2 million.

According to data from SoSoValue, the 12 U.S.-listed spot Bitcoin ETFs saw net outflows of $54.13 million on Thursday, Oct. 3, following the previous day’s $91.76 million withdrawal.

ARK 21Shares’ ARKB fund led the pack with $57.97 million in outflows, marking its fourth consecutive day of declines, with $212.1 million exiting the fund this week alone. Fidelity’s FBTC trailed closely with $37.21 million in outflows, despite experiencing a day of positive inflows earlier in the week.

BlackRock’s IBIT, the largest spot Bitcoin ETF by total net assets, bucked the trend by logging $35.96 million in inflows, bringing its total since launch to an impressive $21.5 billion.

Bitwise’s BITB and Invesco’s BTCO also recorded modest inflows of $2.65 million and $2.44 million, respectively. The remaining spot Bitcoin ETFs remained neutral on the day.

Total trading volume across the 12 Bitcoin ETFs saw a significant decline, dropping to $1.13 billion on October 3 from the prior day’s levels. Despite the recent outflows, these funds have collectively attracted a net inflow of $18.47 billion since their inception. Meanwhile, Bitcoin (BTC) was trading sideways at $61,213 at the time of reporting.

Spot Ether ETFs log $3.2m in outflows

The trend extended to U.S. spot Ethereum ETFs, which posted net daily outflows of $3.2 million. Grayscale’s ETHE led the outflows, with $14.69 million exiting the fund, followed by $587,090 in outflows from Fidelity’s FETH.

However, BlackRock’s Ethereum Trust ETHA counterbalanced some of the losses, registering $12.08 million in net inflows. The six remaining spot Ether ETFs remained static for the day.

Ether ETF trading volumes also fell sharply, with the nine funds recording $115.66 million in volume on Oct. 3, down from $197.82 million the day prior. Since their July launch, these ETFs have accumulated net outflows of $561.05 million. Ethereum (ETH) was trading at $2,381 at press time.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

Altcoin

Spot Bitcoin ETFs log $62m in inflows, Ether ETFs continue 3-day outflow streak

Để lại phản hồi

Spot Bitcoin ETFs have started this week on a positive note, while spot Ether ETFs continued their third consecutive trading day of negative flows.

Data from SoSoValue shows that the 12 spot Bitcoin exchange-traded funds in the U.S. recorded $61.98 million in inflows on Aug. 19, representing a 72% increase compared to the net inflows of $36.01 million on the same day.

BlackRock’s IBIT led the lot with $92.7 million, bringing its total inflows since launch to $20.48 billion. Fidelity’s FBTC followed with modest inflows of $3.9 million. These funds were the only ones to record a second consecutive day of inflows.

Market data on inflows/outflows for spot Bitcoin ETFs as of Aug. 19 | Source: SoSoValue

Bitwise’s BITB and Invesco Galaxy’s BTCO recorded net outflows of $25.7 million and $8.8 million, respectively, offsetting part of the gains seen by these investment vehicles on Aug. 19. Grayscale’s GBTC saw no flows on the day, marking the first day this has occurred since its launch. The investment product has been recording continuous outflows, totaling $19.64 billion since its inception.

The remaining seven Bitcoin ETFs also remained neutral as the cryptocurrency market anticipated a correction. The cumulative spot BTC ETF inflows have now surpassed the $17.4 billion mark.

Data from crypto.news shows that the global crypto market capitalization jumped by 2.4% in the past 24 hours, currently standing at $2.24 trillion. The total 24-hour trading volume also surged, hovering around $79.5 billion. Bitcoin (BTC) rose by 4.2% over the past 24 hours, trading at $60,937 at the time of writing.

Ether ETFs record $13.5m in outflows

In contrast, the nine Ethereum ETFs collectively saw $13.52 million in outflows on Aug. 19, marking the third consecutive trading day of outflows.

Leading the outflows was Grayscale’s ETHE, with ongoing outflows of $20.3 million, contributing to a total outflow of $2.43 billion since its inception. Meanwhile, Grayscale Bitcoin Mini Trust and Bitwise’s ETHW were the only offerings to record modest inflows of $4.9 million and $1.9 million on the day. The remaining six Ethereum ETFs saw no activity on the day.

Trading volume for Ether ETFs dropped to $124 million, significantly lower than the $185 million seen the previous trading day. These funds have experienced a cumulative net outflow of $433.62 million to date. As of press time, Ethereum (ETH) soared by 2.3%, trading at $2,673.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

Altcoin

Spot Bitcoin ETFs witness inflows of $11.11m, Ether ETFs break 3-day inflow streak

Để lại phản hồi

Spot Bitcoin exchange-traded funds in the United States saw positive flows again, in contrast to spot Ethereum ETFs, which saw substantial outflows, ending their three-day run of gains.

Data from SoSoValue reveals that on Aug. 15, the twelve U.S. spot Bitcoin ETFs registered a collective inflow of $11.11 million, ending their short-lived negative flow witnessed the previous day.

Fidelity’s FBTC led the charge with inflows of $16.2 million followed by Grayscale’s Bitcoin mini trust and Biwise’s BITB which saw $13.7 million and $6.2 million inflows, respectively. Grayscale’s GBTC was the only offering to see outflows of $25 million on the day, bringing its total net outflows to $19.57 billion since its launch. The remaining seven Bitcoin ETFs reported no changes in their inflows or outflows for the day.

Spot Ether ETFs see substantial outflows

Conversely, the nine Ethereum ETFs collectively saw $39.21 million in outflows on Aug. 15, a flip from the previous daily inflows of $10.8 million and $24.3 million. Leading the outflows was Grayscale’s ETHE, with continued outflows of $42.5 million and accumulating total outflows of $2.38 billion since its inception.

Meanwhile, Fidelity’s FETH and BlackRock’s ETHA saw modest inflows of $2.5 and $0.8 million, respectively, on the day. The remaining seven Ethereum ETFs showed no significant activity. Despite these outflows, Ether ETFs experienced a jump in trading volume, totaling $240.58 million, higher than the previous day. These funds have seen a cumulative net outflow of $405.11 million to date.

Leveraged fund attracts investor focus

Meanwhile, the U.S. Securities and Exchange Commission has recently given the green light for the launch of a new leveraged fund, MSTX, by Defiance, a U.S.-based ETF issuer. The fund aims to provide investors with 175% daily long exposure to MicroStrategy, enabling them to gain leveraged exposure to innovative companies without the need for a margin account.

On its debut trading day, MSTX generated $22 million in volume, which might set a new record, according to Bloomberg’s Senior ETF Analyst, Eric Balchunas.

Despite this development and the introduction of IBIT, another ETF, the broader crypto market has shown a tepid response. Most major cryptocurrencies have remained stable or recorded minimal increases. Bitcoin (BTC) had only gained 0.77%, while Ethereum (ETH) managed an even lower increase of 0.16%, per data from crypto.news.

Bitcoin dipped temporarily under the $57,000 mark but has since managed to climb back up to $58,442 at the time of writing. Aptos (APT) and Celestia (TIA) have taken the biggest hit among the top ten by market cap on the daily timeframe and are down 4.9% and 3.8%, respectively.

It remains to be seen if the bulls or the bears get the upper hand now, but analyst Rekt Capital noted in an Aug. 15 post on X that Bitcoin is currently retesting the bottom of its trading channel as support, indicated by a green circle on the chart. They also emphasized that maintaining price stability at this level could favorably impact the cryptocurrency’s potential for a future upward trend continuation.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

Altcoin

Fidelity discloses $4.7 million seed investment for its spot Ether ETF

Để lại phản hồi

Fidelity has amended its S-1 filing for a spot Ethereum ETF, according to documents filed with the U.S. Securities and Exchange Commission (SEC) on Friday.

The asset management firm is the first to file an amended S-1 Registration Statement with the SEC, kicking off what ETF analysts say could be a busy day for firms looking to secure approval to list spot Ether ETFs.

Fidelity’s amends S-1 filing

Fidelity’s filing disclosed a .7 million seed investment for its ETF, with affiliate FMR Capital having purchased 125,000 shares to seed the funds’ basket. The company said in the filing that FMR acquired the 125k shares at per share and the proceeds then purchased 1,250 Ether.

While it disclosed the seed capital for the Ether spot ETF, Fidelity did not include fees. Eric Balchunas, a senior ETF analyst at Bloomberg, says this could be a “waiting” game for the issuers as they gauge what others offer.

“Fidelity kicking off the the S-1-athon. No fee included yet tho (Franklin only one w fee so far at 19bps). Bitwise didn’t include either. Everyone likely waiting till last min and/or on BlackRock to disclose to see what they need to orbit around,” he posted on X.

In January, ahead of SEC’s approval of spot Bitcoin ETFs, issuers looked to take advantage by revealing very low fees. Grayscale, which set its fee at 1.5%, has seen massive outflows from its GBTC spot Bitcoin ETF.

No staking

In its update, Fidelity also confirmed that the asset manager’s ETF will not include staking. In proof-of-stake mechanisms, ETH holders can lock up their assets to participate in transaction validation and in return earn staking rewards.

The firm’s initial filing in March had indicated the inclusion of staking, before an update in May removed that.

When will spot Ether ETFs start trading?

SEC approved spot Ethereum ETFs in May, giving a nod to applications by Fidelity, BlackRock, VanEck, Grayscale, Invesco Galaxy, Franklin Templeton, ARK 21Shares, and Bitwise.

However, the approval of the form 19b-4s was only the first step and a nod to S-1s will have to happen before the ETFs hit exchanges for trading. In recent comments, SEC chair Gary Gensler told lawmakers that he expects the Commission to approve S-1s “in the summer.”

Analysts believe this could be as soon as early July, with Bloomberg’s Balchunas noting that the launch date could be as early as July 2.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

Bitcoin

SEC đã gặp nhiều đơn vị đăng ký Bitcoin ETF giao ngay vào ngày 21 tháng 12

Để lại phản hồi

Một số tổ chức phát hành tiềm năng đã gặp SEC để thảo luận về quỹ ETF Bitcoin giao ngay của họ, làm tăng thêm hy vọng rằng các phê duyệt hài hòa có thể sẽ sớm được đưa ra.

Chứng khoán và Sàn giao dịch Hoa Kỳ (SEC) đã tổ chức các cuộc gọi với những người nộp đơn Bitcoin ETF giao ngay, bao gồm BlackRock, Valkyrie, ARK 21Shares, Franklin Templeton, Fidelity, VanEck và Grayscale vào ngày 21 tháng 12 về giá thầu tương ứng của họ đối với các phương tiện đầu tư sẽ nắm giữ các loại tiền điện tử lớn nhất mã thông báo.

Theo các tài liệu trên trang web của Ủy ban, các tổ chức phát hành được cho là đã nói chuyện với nhân viên từ các bộ phận tài chính, giao dịch và thị trường doanh nghiệp của SEC. Fox Business ban đầu đưa tin này và ghi nhận nhiều cuộc trò chuyện giữa các công ty và SEC.

Hồ sơ tại thời điểm viết bài đã xác nhận các cuộc họp của SEC với 7 trong số 13 tổ chức phát hành Bitcoin ETF tiềm năng. Eric Balchunas của Bloomberg phỏng đoán rằng các cuộc đàm phán này có thể tập trung vào các mô hình mua lại, trong đó SEC đặt mục tiêu tạo ra tiền mặt hơn là cơ cấu bằng hiện vật.

Khả năng SEC nghiêng về việc mua lại bằng tiền mặt đã được báo cáo trước đây bởi crypto.news, mặc dù gã khổng lồ Phố Wall BlackRock dường như đã thúc đẩy việc đưa vào bằng hiện vật. Kể từ đó, một số công ty như Hashdex và Valkyrie đã nộp các tài liệu S-1 cập nhật với các sửa đổi chỉ dùng tiền mặt cho các quỹ ETF Bitcoin giao ngay của họ.

Bất chấp cuộc đối thoại giữa SEC và các nhà điều hành quỹ ETF này, cơ quan giám sát chứng khoán vẫn chưa xác nhận hay tiết lộ liệu họ có kế hoạch phê duyệt hay từ chối người nộp đơn hay không. Tuy nhiên, các chuyên gia dự đoán 90% cơ hội được chấp thuận do có sự sai lệch so với phương thức hoạt động của SEC là trì hoãn các quyết định và cuối cùng đưa ra các từ chối với phản hồi tối thiểu cho người nộp đơn.

Theo ý kiến chuyên gia, chiến thắng của tòa án Grayscale trước SEC là một yếu tố chính khác thúc đẩy sự cường điệu về ETF Bitcoin ( BTC ), mặc dù SEC vẫn có thể từ chối công ty.

Tác động thị trường của sự chấp thuận của SEC đối với bất kỳ ứng dụng nào trong số 13 ứng dụng Bitcoin ETF giao ngay đang được xem xét vẫn còn phải xem xét. Giám đốc điều hành MicroStrategy và người đề xuất BTC, Michael Saylor nhấn mạnh tầm quan trọng của quyết định này, nói rằng đây có thể là bước phát triển lớn nhất ở Phố Wall trong 30 năm qua.

Công ty giao dịch tiền điện tử QCP Capital và JPMorgan Chase có quan điểm khác nhau, cho rằng sự cường điệu có thể đã bị cường điệu hóa.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News