News list for " Exchanges"

According to Bernstein's December 2 report, the US Ethereum exchange-traded fund (ETF) may soon launch a staking yield feature. Bernstein analysts said: "We believe that the ETH staking yield feature is likely to be approved under the leadership of the Trump 2.0 new crypto-friendly [Securities Exchange Commission]." The data shows that as of December 2, the annualized percentage return (APR) on ETH-denominated ETH pledges was around 3.1%. Bernstein said: "We believe that as the Ethereum blockcha...

2024-12-03 04:48:32

Bank of New York Mellon (BNY) is moving forward with offering Bitcoin and Ethereum custody to its exchange-traded fund (ETF) clients after a review by the Securities Exchange Commission (SEC) decided that BNY is not required to comply with controversial cryptoasset accounting rule SAB 121. Since its introduction in 2022, SAB 121 has been requiring companies custodial crypto assets to book them as liabilities, putting pressure on the crypto industry. The SEC said that banks such as BNY have robus...

2024-09-25 06:29:15

US-listed spot bitcoin exchange-traded funds (ETFs) drew hundreds of millions of dollars from investors on Friday, maintaining positive inflows for the seventh day in a row. The consecutive positive inflows brought total inflows to $506.37 million this week, a sharp increase from last week's $32.58 million. Since trading began in January, the cumulative net inflow of spot bitcoin ETFs has reached $17.88 billion.

2024-08-24 21:08:10

BlackRock's bitcoin exchange-traded fund, IBIT, has had the third-largest inflow of any ETF product in the world so far this year, according to Bloomberg data.

2024-08-21 21:40:33