Ethereum ETF approved, don’t hold your breath for altcoin ETFs
Despite the Ethereum ETF approval, it is highly unlikely that other altcoin ETFs will receive significant approval any time soon.
JinseFinanceDespite the Ethereum ETF approval, it is highly unlikely that other altcoin ETFs will receive significant approval any time soon.
JinseFinanceFor many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
JinseFinanceWhile many leading asset managers launched spot Bitcoin ETF products and trading in January, Vanguard has resisted.
JinseFinanceGolden Finance launches the 2256th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceOf the 27 Ethereum ETFs in the world, 20 are Ethereum spot ETFs and 7 are Ethereum futures ETFs. The top 10 global Ethereum ETFs all trade in Canada or Europe.
JinseFinanceVanguard rejects Bitcoin ETFs, citing the cryptocurrency's immaturity and misalignment with its investment philosophy. Despite industry divergence, the firm stands firm on its traditional, long-term-focused investment strategy, sparking reactions and potential future shifts.
BerniceVanguard's substantial 8.24% stake in MicroStrategy provides indirect exposure to Bitcoin despite their cautious approach to the cryptocurrency market. This connection raises questions about the potential impact of Bitcoin price fluctuations on Vanguard's mutual funds and MSTR shares, offering clients an indirect route into cryptocurrency investment. As the crypto landscape evolves, the emergence of new Bitcoin-related products is anticipated, with the industry closely watching Vanguard's response.
Cheng YuanVanguard's decision to limit Bitcoin ETF access sparks discontent. Rumors circulate about a potential reconsideration, as investors reportedly transfer assets to Fidelity, expressing dissatisfaction with Vanguard's perceived Bitcoin stance.
Huang BoSpot Bitcoin ETFs were reportedly unavailable for purchase on the brokerage platforms of Citi, Merill Lynch, Edward Jones, and UBS.
ZoeyTwo ETF issuers filed two new and innovative applications for an inverse fund and a leveraged fund.
Cointelegraph