The post SEC hint sparks prediction market ETF debate appeared on BitcoinEthereumNews.com.
SEC Commissioner Hester Peirce has drawn attention to prediction markets after discussing their growth during a May 8 speech. Summary Peirce said commercial prediction markets have grown and show no sign of slowing. Crypto.news reported a softer SEC crypto tone under Atkins, Peirce, and Uyeda. Bitwise has filed for ETFs tied to political prediction markets under PredictionShares. She said commercial prediction markets have “taken off” and show “no sign of slowing down.” Her remarks did not announce a final SEC rule for prediction markets. Still, they added to debate over how event-based products, tokenized markets, and possible prediction market ETFs may fit within U.S. securities rules. SEC signals softer crypto approach Crypto.news recently reported that the SEC’s messaging has shifted under Chair Paul Atkins, with Peirce and Mark Uyeda calling for clearer rules and a more open stance toward i
The post Bitcoin: How BTC’s $80K stayed intact despite $268M ETF outflows appeared on BitcoinEthereumNews.com.
The Spot Bitcoin [BTC] Exchange Traded Funds (ETFs) had a great start to the month of May. On the 1st of May, BTC ETFs recorded inflows worth $629.8 million, wherein BlackRock’s IBIT recorded inflows worth $284.4 million. Following the trail was Fidelity’s FBTC, which recorded inflows worth $213.4 million. Interestingly, while many asset managers saw zero flows, Morgan Stanley’s MSBT, which is fairly new to the game, recorded inflows worth $4.5 million. Going forward, almost similar patterns were seen on the 4th and 5th of May. Bitcoin ETFs flipped from inflows to outflows On the 6th of May, ETF inflows fell as cumulative inflows reached $46.2 million, driven by IBIT’s $134.6 million. However, heavy outflows from FBTC, Bitwise’s BITB, Franklin Templeton’s EZBC, and Grayscale’s GBTC offset most of the gains, leaving net inflows minimal. Source: Farside Investors The actual pl
BTC pushes beyond $80K toward key resistance near $85K, with bulls in control. ETF demand builds and shorts persist, but overhead supply may cap upside without stronger spot follow-through.
Hong Kong Spot ETFs Are Killing Bitcoin's Weekend Gap
The post Bitcoin ETF News: Hong Kong’s Spot ETFs Changing the ‘Weekend Gap’ appeared first on 99Bitcoins.
Key Takeaways XRP holds above $1.40 with modest ETF inflows and improving sentiment. The weak derivatives activity and strong resistance levels keep the short-term outlook cautious. Ripple (XRP) is trading just above $1.40 on Tuesday, showing gradual momentum despite lingering macro uncertainty. The token, alongside the broader crypto market, has remained resilient even as tensions […]
The post XRP holds above $1.40 as ETF inflows return: Check forecast appeared first on CoinJournal.
