Tag: ETF

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Canada’s 3iQ to Launch North America’s First Solana ETP

3iQ, a prominent Canadian investment management firm, announced on Thursday their submission of a prospectus to the Ontario Securities Commission (OSC) for launching a novel exchange-traded product (ETP) on the Toronto Stock Exchange (TSX). This ETP, exclusively focused on Solana (SOL), is named “Solana Fund” and will trade under the ticker QSOL upon OSC approval, […]
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Coinbase Encourages SEC Approval for Grayscale Ethereum ETF

KEY POINTS: Coinbase is pushing for the SEC to green-light Grayscale’s Ethereum ETF proposal. It outlines Grayscale’s legal, technical, and economic arguments for approval. Paul Grewal highlights Coinbase’s backing due to Ethereum being classified as a commodity. Coinbase has taken a significant step in the ETF arena by advocating for the SEC’s approval of Grayscale’s […]
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100K BTC Moved to Exchange Since Spot Bitcoin ETF Launch

Grayscale’s Bitcoin Trust (GBTC) has been in the spotlight recently as it has moved over 19,000 bitcoin (BTC) from its publicly known wallet on a Wednesday morning. This movement of digital assets comes in the wake of the launch of spot bitcoin exchange-traded funds (ETFs) on January 11. Since that date, Grayscale has shifted nearly […]
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Bitcoin ETFs Outshine Silver in Historic Financial Shift

In a remarkable development in the financial markets, Bitcoin has recently overtaken silver, becoming the second-largest Exchange-Traded Fund (ETF) commodity in the United States in terms of assets under management (AUM). This shift highlights the rapidly growing interest and investment in digital assets, particularly in Bitcoin. Just a week into trading, Bitcoin ETFs have surged […]
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RBI Governor Reaffirms Position on Cryptocurrency as US Approves Bitcoin ETF

Reserve Bank of India (RBI) Governor Shaktikanta Das reiterated the central bank’s unwavering stance against cryptocurrencies, even as the US Securities and Exchange Commission approved changes allowing the creation of a bitcoin exchange-traded fund (ETF) in the United States. Das emphasized that the RBI would not follow the path of other countries when it comes […]
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Unauthorized SEC Announcement Sends Bitcoin on a Rollercoaster Ride

In a dramatic turn of events that left the cryptocurrency world in shock, the price of Bitcoin experienced a rapid surge and subsequent fall after the U.S. Securities and Exchange Commission (SEC) announced an unauthorized approval of a Bitcoin exchange-traded fund (ETF) on the social platform X, formerly known as Twitter. The events of the […]
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