Spot Ethereum ETFs have seen $476 million in outflows since launch.Bloomberg Intelligence ETF analyst Eric Balchunas said he could see “light at the end of the tunnel,” meaning the outflows will soon taper off. Spot Ethereum exchange-traded funds had a brutal first month. Unlike the kick-start crypto rally pundits expected, spot Ethereum ETFs lost $476 … Read more
North Korean hackers are targeting crypto ETF issuers, according to the FBI. The FBI has “identified a long list of potential targets,” a security researcher told News. North Korean hackers have long targeted crypto companies due to the irreversibility of blockchain-based transactions. Because once the crypto is in the hacker’s wallet, no bank or government … Read more
Since the success of spot bitcoin ETFs, some investors are hoping Solana could be next. However, there is no regulated futures market in Solana and there is little investor demand. Here’s what investors really want from ETFs. Spot bitcoin and ethereum exchange-traded funds have been a resounding success — and fueled speculation about which cryptocurrency … Read more
Investment banks own a lot of crypto, as shown in the disclosure. This makes public pensions more comfortable with crypto, Hashdex argues. The investment banks are Goldman Sachs and Morgan Stanley Revealed They own $600 million in US spot bitcoin exchange-traded funds, according to regulatory filings. According to Hashdex, this is a bullish sign for … Read more