Nasdaq’s Post

🚀 Nice start for the #ETH #ETF trading. 📈 Volume > 1 Billion 📈 Net inflow of ~$107 million. 📉 Grayscale's ETF outflows (early in the game + high fees) 👨🚀 I hope ETFs will bring new investors in the market, one day converting their #custody strategy to real #ownership of their digital assets.

📰 #ETFUpdate: BlackRock Makes Regulatory Adjustments 📰 🔄 BlackRock modifies ETF filing with six changes to address regulatory concerns. 🔍 Notable Shift: Coinbase's role changes from Prime Broker to Prime Execution Agent. Possible indication of a shift in Coinbase's primary function towards processing buy or sell orders for the ETF, moving beyond financing and custody services. 📈 Stay tuned for evolving developments in the ETF landscape. #BlackRock #Coinbase #ETF #RegulatoryChanges

@ LarryFink BlackRock 👉 provide leadership in the sector and withdraw your Ethereum ETF product interest to the @SECGov @GaryGensler 👉 clear direction clear guardrails — a clearer concise path fwd END OF STORY

Crypto mania Drives $520 Million into BlackRock ETF in One day The enthusiasm surrounding cryptocurrencies has led to a substantial inflow of 520 million into a BlackRock exchange-trade fund (ETF) in just one day. The surge in interest and excitement surrounding cryptocurrencies has resulted in a remarkable influx of $520 million into BlackRock exchange-traded fund (ETF) within a single day. This influx of funds reflects the growing investor appetite for exposure to cryptocurrencies through traditional investment vehicles like ETF. It suggests a significant shift in investor sentiment towards cryptocurrencies, with many seeking to capitalize on the potential returns and diversification benefits offered by digital assets.

In their latest regulatory filing, #ARK Invest and 21Shares unveil plans for a cash-based spot Ethereum ETF, aligning with SEC preferences. The proposal addresses creation and redemption processes while introducing a staking component for potential income generation. Despite #SEC delays, similar setbacks in other #Ethereum ETF proposals from Grayscale Investments and Invesco Galaxy reflect the evolving regulatory landscape. Read full story: https://lnkd.in/gxNfhBb4

Major asset managers, including VanEck, BlackRock, and Fidelity, file updated Ethereum ETF proposals with the SEC. What potential benefits and risks do you see for investors with the introduction of Ethereum ETFs in the financial markets? #DigiMaaya #EthereumETF #VanEck #BlackRock #Fidelity #Grayscale #DigitalAsssets

Many think that #ethereum will take centre stage in 2024. Spot ETH ETF filings in the US from BlackRock and ARK Investment Management LLC/ 21.co and increasing tokenization activity taking place on the Ethereum network all add credence to this thesis. At CF Benchmarks we have recently launched our CF ETH Staking Index series, giving the institutions all the tools required to replicate the staking reward, generating returns whilst minimize risks for investors: https://lnkd.in/eX4SBG6T

Some interesting information was shared by Panelists on “A Token for Your Thoughts.” Tokenization of multiple assets that don’t talk to each other can be combined into a single platform and managed better. WisdomTree - has 14 tokenized funds. BNY Melon - serves 85% of BTC ETFs. Overall tokenized assets are estimated at 250T$. The industry expectation is to have tokenized assets of up to 5T$ by 2030. #tokenization #digitalassets #dlt #longshorelabs

Important Ethereum ETF Deadlines to keep an eye on: May 23 - VanEck May 24 - Ark21Shares May 30 - Hashdex Aug 3 - Fidelity Aug 7 - BlackRock The first 3 dates are considered to be highly unlikely to see an approval. The August dates for Fidelity and Blackrock seem more likely. #eth #ethereum