Hashdex has begun liquidating its Hashdex Bitcoin ETF, ticker DEFI, marking the first closure of a US spot Bitcoin ETF since the category launched in 2024. The fund ceased trading on the NYSE Arca on August 17. Hashdex cited low assets under management, high operating costs and a small asset base of around $14.7 million … Read more
U.S. spot Bitcoin ETFs saw $517.2 million in net inflows for the Aug. 19 session, giving the market its largest daily inflow in about three and a half months. Data from Farside Investors showed BlackRock’s IBIT led the session with $284.7 million in inflows. Spot Ethereum ETFs also remained positive, adding $17.7 million in net … Read more
The latest changes to Japan’s crypto law have reignited the discussion about Bitcoin ETFs in the country, but the important part is the timing. It’s not about approval today. This is basic regulatory work, which means investors need to be patient. The Japanese Cabinet submitted the bill partially amending the Financial Instruments and Foreign Exchange … Read more
The SEC approved a NYSE Arca rule change that increases option position and exercise limits on BlackRock’s iShares Bitcoin Trust, giving institutional traders more room to hedge and express broader views in the Bitcoin ETF spot market. The change increases IBIT options limits from 250,000 contracts to 1,000,000 contracts, according to the SEC release. This … Read more