November 24, 2024

Tag: ETF

Grayscale Seeks to Convert Fund With Solana, XRP and Avalanche Into ETF #NewsETFs
ETFs

Grayscale Seeks to Convert Fund With Solana, XRP and Avalanche Into ETF #NewsETFs

CashNews.co Grayscale Investments wants to convert its current Digital Large Cap Fund—which includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Avalanche (AVAX)—into an exchange-traded fund (ETF). The New York Stock Exchange made the request to the U.S. Securities and Exchange Commission (SEC) on behalf of Grayscale, filing the 19b-4 form requesting permission to convert […]

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Canary Capital Files for Litecoin ETF Just Days After XRP Move #NewsETFs
ETFs

Canary Capital Files for Litecoin ETF Just Days After XRP Move #NewsETFs

CashNews.co Canary Capital announced Tuesday that it has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) with the intent of launching a Litecoin exchange-traded fund (ETF). The move comes less than a week after Canary Capital fired an application to launch an XRP-based ETF, following in the footsteps of asset manager […]

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Litecoin spikes 10% as Canary Capital applies for spot LTC ETF #NewsETFs
ETFs

Litecoin spikes 10% as Canary Capital applies for spot LTC ETF #NewsETFs

CashNews.co Key Takeaways Litecoin briefly surged past $70 after Canary Capital filed with the SEC for a Litecoin ETF. Given that the SEC views most crypto assets as securities, it remains unclear whether the ETF will get the greenlight. Share this article Litecoin (LTC) jumped 10% to $70.8 briefly after Canary Capital, a crypto-focused investment […]

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The pros and cons of ETF series #NewsETFs
ETFs

The pros and cons of ETF series #NewsETFs

CashNews.co In 2023, 30% of new ETFs were new ETF series of existing mutual funds or launched with an accompanying mutual fund series, according to TD Securities Inc. Further, ETF series of mutual funds totalled nearly $50 billion in assets under management (AUM) — or about 10% of total ETF AUM in Canada — by […]

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