Thursday, November 7, 2024
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Ethereum futures ETFs garner lukewarm reception on first day of trading

The rush of excitement that accompanied the launch of nine new Ethereum futures exchange-traded funds (ETFs) appears to have yielded little in the way of investment dollars in comparison.On Oct. 2, nine new ETF products, which are designed to track futures contracts tied to the value of Ethereum’s native currency

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BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

The crypto market, especially bitcoin, has seen a sizable rally recently, influenced by factors like the SEC's ether futures ETFs approvals and other government decisions, QCP Capital wrote in a recent note, highlighting that bitcoin has gained 15% in the last two weeks. However, QCP has concerns regarding the rally's

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Coinbase sees lukewarm demand for debt buyback, raises offer

Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand.In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors have tendered just over $50 million of bonds compared to a target of $150 million.

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Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand

According to a report published by the Hong Kong Stock Exchange (HKSE), two Bitcoin (BTC) exchange-traded funds (ETF) and an Ethereum (ETH) ETF listed on HKSE averaged 9.30 million Hong Kong dollars ($1.19 million) in daily trading volume from Dec. 16, 2022, to Feb. 7, 2023. As the first region in

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Dow Tanks 350 Points After Powell’s Lukewarm Response to Surging Bond Yields and Inflation

The Federal Reserve chairman acknowledged the surge in the US Treasury bond yields but didn’t suggest any action to keep the long-term yields under check.On Thursday, March 4, the US stock market remained under pressure with the Dow Jones Industrial Average closing 345 points down. DJIA (INDEXDJX: .DJI) ended the trading

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