ETH ETFs Hit Record Inflows as Bitcoin ETFs See Strong Gains
From November 11 to 15, Bitcoin and Ethereum spot ETFs recorded substantial inflows. Bitcoin spot ETFs received $1.67 billion in
An Exchange-Traded Fund (ETF) is an investment fund traded on stock exchanges, holding a diversified portfolio of assets such as stocks, bonds, or commodities. ETF shares represent proportional ownership in the underlying assets, providing investors with diversification benefits and ease of trading like stocks.
Most ETFs, like mutual funds, act as wrappers for a large number of individual assets. This makes mutual funds and ETFs an especially appealing approach for regular investors to diversify their portfolios by simultaneously purchasing many stocks, bonds, or other forms of investments.
Additionally, ETFs may distribute dividends to shareholders and are structured to be tax-efficient, making them attractive for long-term investors seeking broad market exposure.
To know about the latest updates on ETFs, read from CryptoTale.
From November 11 to 15, Bitcoin and Ethereum spot ETFs recorded substantial inflows. Bitcoin spot ETFs received $1.67 billion in
U.S. spot Bitcoin exchange-traded funds (ETFs) surged on Monday, Nov. 6, reversing a three-day decline with approximately $621.90 million in
CME Group’s Senior Managing Director Tim McCourt spoke about the advancement of XRP-based ETFs at Ripple Swell 2024. He revealed
Grayscale Investments has filed a request with the U.S. Securities and Exchange Commission (SEC) to convert its multi-crypto Digital Large
Monochrome Asset Management will be releasing Australia’s first spot Ethereum exchange-traded funds at the Cboe. This fund, known as IETH,
Canary Capital Group LLC has submitted a registration with the U.S. Securities and Exchange Commission (SEC). The company is seeking
America’s oldest bank, BNY Mellon, is nearing providing custodial services for ETF clients. This development tracks a recent review by
VanEck, a prominent asset manager, has announced plans to close and liquidate the VanEck Ethereum Strategy exchange-traded fund (EFUT). The
BlackRock’s iShares Bitcoin Trust (IBIT) ETF experienced its second significant outflow since its launch in January, signaling broader concerns in
The concept of an XRP ETF (Exchange-Traded Fund) has captured the attention of investors and institutions. An XRP ETF represents
Brazil’s financial landscape is set to see a new addition to its cryptocurrency investment options with the approval of a
The U.S. Securities and Exchange Commission (SEC) has reportedly been in talks with several Solana exchange-traded fund (ETF) issuers about
© Cryptotale. Blockchain News Media. All Rights Reserved.