BlackRock is planning a new income-focused Bitcoin ETF, the Bitcoin Premium Income ETF, and has begun the registration process with a Delaware trust filing. The ETF’s strategy is to generate returns by selling covered call options on Bitcoin futures, appealing to investors seeking yield over full exposure to Bitcoin’s priceContinue Reading
Michael Saylor believes Bitcoin could see a price surge before year-end, citing demand outstripping new supply. He argues that corporate treasuries and ETFs are consistently acquiring more BTC than miners are releasing, tightening the market. Saylor views Bitcoin as the “ideal form of digital capital” to back digital credit instruments,Continue Reading
Bitwise has filed with the SEC for a new “Stablecoin & Tokenization ETF,” a fund designed to provide exposure to companies and assets in the growing stablecoin and tokenisation sectors. The fund’s index will be split into two equally weighted halves: an equity sleeve of companies involved in stablecoins andContinue Reading
The REX-Osprey XRP ETF (XRPR) is set to begin trading this week, providing the first regulated XRP access in the US. The fund will hold XRP directly and allocate 40% of its assets to XRP-related ETFs, using derivatives only optionally for additional exposure. Regulatory support for crypto ETFs is developingContinue Reading
Major cryptocurrencies gained strongly over the past week, with Bitcoin up 3%, Ethereum 4%, XRP 8% and Solana surging 14% amid growing institutional adoption. US Bitcoin ETFs attracted US$1.3 billion in net inflows this week after previous outflows, with BlackRock’s fund now holding 3.59% of all Bitcoin supply. The FederalContinue Reading
The first US exchange-traded fund (ETF) to hold an asset with no utility, the Rex-Osprey Doge ETF (DOJE), is scheduled to begin trading on Thursday, signaling a new era for institutional investment in speculative digital assets. Unlike most crypto ETFs that use the Securities Act of 1933, this fund isContinue Reading
Bitcoin has reclaimed the US$110k mark after last week’s dip below US$108k, trading in a narrow range since hitting an all-time high of US$124,457 on 14 August. Markets are fully pricing in a Federal Reserve rate cut on September 17, with most expecting a 25-basis-point reduction despite concerns that muchContinue Reading
Rex Shares and Osprey Funds have submitted a prospectus to the SEC for the REX-Osprey DOGE ETF (ticker: DOJE), which could launch as early as next week. The asset managers also outlined potential funds for various digital assets including XRP, BONK and TRUMP, alongside established cryptocurrencies like Bitcoin and Ethereum.Continue Reading
Sonic Labs has approved a proposal to expand into U.S. capital markets, backed by a 99.98% community vote, which will be funded by a US$150 million issuance of its native S token. The funds will be used for a new ETF partnership, liquidity, and a Nasdaq private investment vehicle thatContinue Reading
EasyA co-founder Dom Kwok predicts XRP ETFs could attract record inflows due to affordability and global reach. ETFs simplify access for new investors, with just 7% of the world currently owning digital assets. With SEC deadlines in October and strong futures demand, analysts expect billions in potential XRP ETF inflows.Continue Reading