The Securities and Exchange Commission in the United States has extended its review timeline for NYSE Arca’s application to list a carbon-neutral spot Bitcoin exchange-traded fund (ETF) offered by 7RCC.
On May 1, the outflow from Bitcoin ETFs on the market reached its highest level since the products were approved, amounting to $563.8 million.
The new US ETFs experienced a net outflow of $343.5 million in April, breaking their streak of three months with inflows.
Today marks the launch of six new Bitcoin and Ether exchange-traded funds (ETFs) on the Hong Kong Stock Exchange, making them the first spot crypto ETFs in Asia.
On April 30, six spot ETFs based on cryptocurrencies will begin trading in Hong Kong following official approval from the city.
The United States Securities and Exchange Commission has decided to postpone any decisions regarding two proposed exchange-traded funds (ETFs) focused on Ethereum.
Bloomberg analyst Eric Balchunas downplayed the excitement over Hong Kong’s approval of spot Bitcoin and Ether ETFs on Monday.
