Posted 3/28/2024, 1:35:36 PM
Crypto ETFs See Inflows as Industry Awaits Spot Bitcoin and Ethereum Approvals
- Bitcoin spot ETFs see $243M inflows on March 27; BlackRock's IBIT attracts $323M while Grayscale's GBTC sees $299M outflows
- Ark Invest's collaboration with 21Shares for Bitcoin ETF ARKB draws $200M inflows, showing interest in crypto and innovative ETFs
- Race intensifies for SEC approval of spot Ethereum ETF; Fidelity files Form S-1 for ETF with staking, but approval skepticism remains
- BlackRock CEO optimistic, says Ethereum ETF possible even if SEC deems ETH a security
- Upcoming Benzinga conference on Nov. 19 seen as pivotal for crypto industry discussions on regulation, investment vehicles, trends