SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians
The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The…
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South Korea, Hong Kong Lead Crypto Market Growth in East Asia
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads…
Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased.…
Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto…
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $11.44 million during the trading session.…
Spot Bitcoin ETFs Snap Outflow Trend With $28.72M Inflows; Ether ETFs Falter
According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $28.72 million in fresh investments. Meanwhile, things didn’t look as bright…
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors…
Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says
QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures,…
Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines
While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The Tron-based SUN token took the hardest hit, plunging…
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million…