Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
The deal would add NEOS’ $30 billion ETF business, including Bitcoin and Etherlinked income funds, to Goldman Sachs Asset Management. Source:Cointelegraph
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according…
Fidelity files with SEC to add staking to Ethereum ETF
Fidelity plans to add staking to its Ether fund, with 85% of rewards retained by FETH and quarterly cash distributions planned for investors.…
Fidelity moves to add staking, quarterly payouts to near $900 million ether ETF
The fund would keep 85% of gross staking rewards, with the remaining 15% going to service providers. Source:CoinDesk
Bitcoin stuck as ETF inflows offset selling, but inflation data could spark a move
Weeks of sideways trading have crushed volatility, leaving Wednesday’s inflation report as the next potential catalyst, analysts said. Source:CoinDesk
Bitcoin drops to one-week low as retail buys gold at highest prices since June
Bitcoin price action sank to oneweek lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.…
As Lumentum gears up for earnings, here’s a sign the optical trade is clawing back
A photonicsthemed ETF saw better demand in its first trading day than a popular memory ETF did at the same point in its life cycle. Source:MarketWatch
BlackRock launches two Canada ETFs, with one allocating 3% to Bitcoin
BlackRock Canada’s new IBQT fund combines global equity exposure with a 3% Bitcoin allocation through the firm’s Canadian iShares Bitcoin ETF.…
Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans
The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold. Source:CoinDesk
Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fall
The market rose even as the Senate left the crypto bill unpassed before its recess, with steady ETF inflows and a softer dollar doing more for prices than…
XRP is getting left behind in the crypto bounce even as ETFs keep attracting investor money
The token fell 5% last week while BTC, ETH and SOL climbed. Source:CoinDesk
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk
Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since midApril, with BlackRock’s IBIT taking the bulk. Source:CoinDesk