Spot XRP ETF Coming Soon? Asset Managers Submit Amended S-1 Filings
According to the latest report, a group of asset management firms submitted S-1 amendments for a spot XRP ETF (exchange-traded fund) in the United States. These movements reflect the ramped-up interest of these institutions to get the approval of the US Securities and Exchange Commission (SEC) to offer this crypto-linked investment product. What Changed In […]
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The world’s largest asset manager BlackRock has now filed for a new ETF. The crypto space has been characterized by ETF filings ever since the first Bitcoin Futures ETF made its debut on the trading markets. Since then, there have been more futures ETF filings surrounding bitcoin and ethereum, as well as spot ETF filings […]
Asset managers apear hopeful the SEC will be more open to Bitcoin ETFs tied to futures contracts than those focused on the spot markets. Alternative financial services firm, Valkyrie Digital Assets, has become the latest company to file for a Bitcoin exchange-traded fund (ETF) offering indirect exposure to BTC via cash-settled futures contracts.According to a draft prospectus dated August 11, the Bitcoin futures contracts will be purchased via a Cayman Island-based subsidiary wholly owned by the fund via exchanges registered with the U.S. Commodity Futures Trading Commission.The prospectus....
After months of anticipation, the launch of spot Ethereum ETFs in the United States appears to be imminent as the US Securities and Exchange Commission (SEC) has reportedly requested that Ethereum ETF issuers submit their final S-1 filings, including fee structures, by Wednesday, July 17. Ethereum ETFs Hopefuls Gear Up For July 23 Debut Bloomberg […]
Ethereum (ETH) is gearing up for a price uptick as we begin a new week. Ethereum is currently trading at $3,195 and is up by 1.83% in the past 24 hours. Although Ethereum’s gains are part of a wider market rally after a rebound, the altcoin is in the best position to surge the most in the coming weeks. Related Reading: Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible? Fundamentals point to an extended price surge in the face of a looming launch of Spot ETFs. Additionally, technical indications are pointing to a bullish outlook for Ethereum as it....
Asset management company Volatility Shares has submitted with the United States Securities and Exchange Commission (SEC) an application to list a Solana futures exchange-traded fund (ETF). This strategic move comes after a host of asset managers applied to launch a spot Solana ETF earlier this year. Will Volatility Shares Increase Odds Of Spot ETF Approval? […]