DeFI News by Thebittimes.Com

In a surprising move that could reshape the digital asset ETF landscape, Truth Social , the social media platform founded by U.S. President Donald Trump, has officially filed to launch a dual Bitcoin and Ethereum ETF. The Truth Social Bitcoin and Ethereum ETF, B.T., was registered with the U.S. Securities and Exchange Commission (SEC) on June 16, 2025, under filing number 333-*, according to the Form S-1 registration statement. The fund is sponsored by Yorkville America Digital, LLC, based in Mountainside, New Jersey. Truth Social Bitcoin and Ethereum ETF. Source: SEC This marks the first time Truth Social or any Trump-affiliated venture has directly entered the ETF race. The filing proposes a trust format that would hold both  Bitcoin (BTC) and  Ethereum (ETH), a dual exposure product that breaks from the usual single-asset structure dominant in the U.S. spot ETF market. ETF registration Notably, the registration places the ETF under the Securities Act of 1933...

The largest asset manager in the world, BlackRock, has filed an updated 19b-4 form for its Spot Ethereum ETF application. Indeed, the firm had officially revised its filing with the US Securities and Exchange Commission (SEC) in response to its request for updates amid impending approvals. BlackRock was one of the most prominent asset management firms to issue spot Bitcoin ETFs earlier this year. Additionally, with Spot Ether ETFs expected to be greenlit, the firm would continue a 10-year approval streak, fortifying its impressive track record with the SEC. JUST IN: BlackRock files updated 19b-4 form for its spot Ethereum ETF. — Watcher.Guru (@WatcherGuru) May 22, 2024 Also Read: BlackRock Expects Spot Bitcoin ETF Trading By Sovereign Wealth BlackRock Submit’s Updated Ethereum ETF Filing as Approvals Near Following the approval of Spot Bitcoin ETFs in January, all eyes were on what asset could receive a similar investment option. Those hopes began to dwin...

The US Securities and Exchange Commission (SEC) is expected to deny Spot Ethereum ETF approval next month, according to insiders. Indeed, a report from Reuters notes that the ongoing meetings between issuers and the SEC have dampened expectations, with rejection likely in May. The report fortifies industry-wide expectations of Ether ETF rejections next month. That was first forecasted by Standard Chartered, and corroborated by insider testimony. However, the description of the ongoing meetings regarding the investment offering leaves little optimism of an impending approval. JUST IN: SEC expected to deny spot Ethereum ETFs next month, Reuters reports. — Watcher.Guru (@WatcherGuru) April 25, 2024 Also Read: Hong Kong Bitcoin & Ethereum ETFs to Begin Trading April 30th Spot Ethereum ETF Approval Now in Doubt? Since the arrival of Spot Bitcoin ETFs at the start of the year, the market has awaited what assets could be next. The positive impact that BTC offe...

Following the approval of 11 Spot Bitcoin ETFs earlier this year, all eyes turned toward what assets could be next. Amid applications for a Spot Ethereum ETF, executives from Grayscale, Bitwise, and Galaxy agree they face a 50% chance. Indeed, the three firms are seemingly coordinated in their belief in the likelihood of the investment product. Speaking at a panel yesterday, Fox Business reporter Eleanor Terrett posted the replies from the three executives on ETH ETF odds this year. Specifically, Bitwise Global Head of Research Matt Hougan, Galaxy Asset Management Head Steve Kurz, and Grayscale Global Head of ETFs Dave LaValle all stated a 50% chance for the investment product. On the odds of an $ETH ETF this year: @Matt_Hougan: “I think it’s probable we will get an ETH ETF reasonably soon. I think there’s a 50/50 chance by May, but the bigger story is what’s going on with the $BTC ETFs.” @SteveKurz: “This is just the beginning of a crypto asset...

CoinShares conducted a survey according to which investors consider the Ethereum ETF to be the most attractive prospect at the moment. Digital asset fund managers who participated in a CoinShares survey this week were asked which digital asset they thought had the most attractive prospect s. The result revealed that almost 45% of survey respondents said that broadcast. In comparison, about 39% of survey respondents said Bitcoin (BTC) had the most upside potential, while a small but significant 6% of participating fund managers preferred Solana (SOL). “Ethereum is seen to be the digital asset with the most compelling growth outlook. This is reflected in the recent large validator entry queue which indicated a high demand for its yield.”  CoinShares report However, the report notes that this sentiment is not reflected in CoinShares’ latest fund flow report, which states that Ethereum was the most disliked altcoin. According to CoinShares, Ether funds have ...

In a stark contrast of trading volumes, the debut of Ethereum futures ETFs on CME witnessed a modest start, with trading activity in the first 15 minutes hovering below $2 million. This pales in comparison to their Bitcoin-based counterparts, which boasted volumes a hundred times greater. Bloomberg analyst Eric Balchunas suggests that these numbers are common for new ETFs but relatively low for Ethereum (ETH), given its market size. According to Balchunas, the top performer was Valkyrie’s ETF, based on a combination of the first and second-largest cryptocurrencies by market capitalization, with a trading volume of $787,000. VanEck’s Ethereum futures-only ETF had a modest volume of just over $300,000. Pretty meh volume for the Ether Futures ETFs as a group, a little under $2m, about normal for a new ETF but vs $BITO (which did $200m in first 15min) it is low. Tight race bt VanEck and ProShares in the single eth lane. pic.twitter.com/F9AHtrVcVf — Eric Balchunas (...