Ethena’s synthetic stablecoin, USDe, has crossed $8.4 billion in supply, adding more than $3.14 billion over 20 days in a surge that outpaced flows into BlackRock’s (BLK) flagship bitcoin and…
Crypto exchange-traded funds on U.S. exchanges recorded their strongest month ever in July, attracting $12.8 billion in net inflows as investor enthusiasm surged alongside rising token prices and optimism around…
Solana infrastructure provider Jito Labs, asset managers VanEck and Bitwise and two other stakeholders are appealing to the US Securities and Exchange Commission (SEC) to allow liquid staking for Solana…
The US Securities and Exchange Commission’s recent decision to let crypto ETF issuers swap Bitcoin and Ether directly for fund shares represents a structural upgrade, not a retail revolution, analysts…
In brief
The proposed rule change would allow automatic approval of crypto ETFs that meet certain criteria.
If approved, it could open the door to faster listings for altcoin-based ETFs.
Though some warn…
The SEC is allowing crypto ETFs to create and redeem shares using Bitcoin and Ethereum directly instead of cash. A recent SEC press release confirms the development, and the new…
In brief
The SEC has pushed back its decision on whether to approve or deny the Truth Social Bitcoin ETF and Grayscale Solana ETF, according to a pair of filngs.
Its…
In brief
Bitcoin and Ethereum ETFs hit a record $11.2 billion in monthly inflows in July, with Ethereum ETFs pulling in $1.6 billion last week alone.
Ethereum ETFs have already surpassed their…
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In the past week, Spot Ethereum ETFs saw $2.4B in inflows, outpacing Bitcoin ETFs’ $827M. The surge led to ETH having an overall more successful week than BTC, outpacing the…