News with the tag "exchange-traded fund"

Staking should potentially be added to the menu for crypto exchange-traded funds (ETFs), a bipartisan group of U.S. senators argued in a letter to the Securities and Exchange Commission (SEC) on Thursday. Issuers of crypto ETFs had originally planned to include the staking feature in their fund offe...

The Bank of New York Mellon (BK) is holding more than $13 million worth of shares in Bitcoin ( BTC ) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of New York Mellon currently holds $13,280,431 worth of shares in Bitcoin ETFs. Th...

Ethereum ‘s performance in the ongoing bull cycle is being considered sluggish compared to other past bull market cycles, where the second largest crypto asset witnessed significant growth within the timeframe. Nonetheless, ETH appears to be regaining upward momentum, showing the potential for a sho...

Cardano has managed to outshine a large percentage of the digital asset market this week amid news that the crypto asset management firm Grayscale wants to create a spot ADA exchange-traded fund (ETF) for the smart contract platform. The ETF and securities exchange NYSE Arca, a subsidiary of the New...

An Alabama man has pled guilty to hacking the U.S. Securities and Exchange Commission’s (SEC) X account last year and faces up to five years in prison. In January 2024, Eric Council Jr., 25, conspired with others to commandeer the SEC’s X account and prematurely announce the approval of spot Bitcoin...

As the current bull market cycle continues, Ethereum ‘s performance has been considered weak compared to other major altcoins like Dogecoin and XRP. With ETH unable to curb a major rally, many investors and traders are starting to demonstrate extreme caution toward the digital asset. Investors Becom...

After a year of explosive price growth, the Solana based meme coin, BONK, has wiped out all of its 2024 gains, retracing approximately 76% from its peak. Despite this dramatic decline, a crypto analyst has suggested that this dip could be a strategic buying opportunity for investors rather than a ca...

With bearish pressure mounting in Bitcoin’s market dynamics, the flagship asset is likely to experience further price decline in the upcoming days. However, several support ranges continue to act as a roadblock to recent negative moves, holding off against an extended correction. Trendline Support T...

Kansas Republican State Senator Craig Bowser has introduced a bill aimed at allocating up to 10% of public employee retirement funds to Bitcoin (BTC) exchange-traded fund (ETF) products. Kansas Senator Proposes Bitcoin Exposure For Retirement Funds The bill, titled Senate Bill 34, seeks to authorize...

The last 24 hours have seen a significant 6% decline in Dogecoin’s price action , marking a swift reversal from the bullish momentum two days ago. This rapid decline is concerning, especially as it aligns with events that were expected to generate strong bullish momentum for the meme coin. The recen...