Fidelity
Ether Jumps on Spot ETF Hopes; Hex Trust Issues Stablecoin on Flare
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the surge in ether (ETH) to above the $3,800 level as traders anticipate a spot ether ETF approval in the U.S. Plus, Fidelity amended its S-1 filing with the SEC and Hex Trust Group issued the first native stablecoin on layer-1 blockchain Flare.
Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs
Roughly 13 out of the 25 biggest U.S.-based hedge funds held the spot bitcoin ETFs at the end of March, according to data from bitcoin brokerage River.
U.S. SEC Calls for Comments on Spot ETH ETFs
The Securities and Exchange Commission has opened up comment periods for ETF applications for Grayscale, Fidelity and Bitwise.
Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%
The asset manager filed to launch an ethereum fund in November.
Fidelity’s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024
The Fidelity Wise Origin Bitcoin Fund has attracted $6.9 billion from investors since its launch in January, the fifth-highest amount of all exchange-traded funds.
SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications
The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.
Former Fidelity International Digital Assets Executive Joins Advisory Board of Ethereum L2 Layer N
Luc Froehlich will help guide Layer N's Real World Asset (RWA), TradFi, and tokenization strategies.
Bitcoin's Price Nears $45K; Do Kwon's Legal Woes Drag On
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, as bitcoin (BTC) rallied to a four-week high on Thursday, nearing $45,000. A new research report from JPMorgan claims there is evidence that Blackrock and Fidelity’s spot bitcoin ETFs already have an advantage over Grayscale. And, Do Kwon has won another chance to change his extradition from Montenegro.
BlackRock, Fidelity Bitcoin ETFs Have a Liquidity Edge Over Grayscale: JPMorgan
GBTC is expected to lose further funds to newly created ETFs unless there is a meaningful cut to its fees, the report said.
Why Some Brokerage Firms Are Blocking Access to Spot Bitcoin ETFs
The spot bitcoin ETF approvals set the stage for 11 such offerings from the likes of BlackRock, Fidelity, and ARK 21Shares to begin trading on Thursday. On this episode of Unchained, Nate Geraci, president of the ETF Store; Eric Balchunas, senior ETF analyst at Bloomberg Intelligence; and James Seyffart, research analyst at Bloomberg Intelligence discussed the initial record trading volumes, the mechanics of how the funds work and predictions for total inflows.
