Are XRP Futures ETFs Good For The Price? Expert Breaks Down What You Should Know
According to crypto analyst Jake Claver, XRP futures exchange-traded funds (ETFs) don’t actually help the token’s price. He explains that these products do not purchase real XRP tokens. Instead, they trade contracts that settle in cash. Because they don’t buy or lock away tokens, there is no real demand or supply pressure on XRP. In […]
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Crypto enthusiasts and the government have long contended over the Bitcoin ETF. Let’s examine Bitcoin spot vs futures ETFs. How many Bitcoin ETFs are there?There are various companies offering Bitcoin ETFs, and each is available on their own respective exchanges.While the only Bitcoin ETFs in existence are Bitcoin futures ETFs, there are quite a few out there in which one can choose to invest. This article previously mentioned the ProShares BITO Bitcoin futures ETF, which currently holds around $1 billion in investments. BITO is listed on the Chicago Mercantile Exchange (CME). Another....
Apart from Spot Bitcoin ETFs, Ethereum Futures ETFs have been the talk of the crypto industry for months as investors look toward a catalyst for the next bull run. However, data has shown the highly anticipated ETFs have had underwhelming results in trading volume. Although the crypto market has witnessed some gains in the past few days, this hasn’t flowed into Ethereum Futures ETFs as investors seem hesitant to adopt these new Ethereum investment vehicles. How Have Ethereum Futures ETFs Fared So Far? Ethereum futures ETFs provide indirect exposure to the price of ETH through....
The first exchange-traded fund (ETF) providing direct exposure to XRP prepares to launch this week. Following the considerable attention already garnered by futures-based XRP ETFs, ETF expert Nate Geraci says this debut is a moment that will test the strength of investor interest. Many in the market now wait to see if the new fund […]
The Securities and Futures Commission hinted it would follow in the CME’s footsteps by only initially allowing listings of ETFs linked to Bitcoin and Ether futures. The Securities and Futures Commission of Hong Kong has set up requirements for entities considering a public offering of an exchange-traded fund (ETF) tied to cryptocurrency futures.In an Oct. 31 circular, the SFC said that in addition to previously imposed requirements on unit trusts and mutual funds for authorization of a crypto futures ETF, management companies in Hong Kong would need to “have a good track record of....
Data shows the crypto futures market has observed more than $400 million in liquidations during the last 24 hours as Bitcoin breaks above $23k. More Than $400 Million In Crypto Futures Liquidated In Only The Past Day A “liquidation” occurs when losses pile up in a futures contract and eat away a specific percentage of […]