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Cryptoverse: Next wave of US crypto ETFs already in the pipeline

Channel News Asia LogoChannel News Asia5h ago

Cryptoverse: Next wave of US crypto ETFs already in the pipeline - Channel News Asia

Quick Summary:

What a difference a year makes.

Rewind the clock to early January 2024, and the asset-management industry was anxiously watching to see if the much-anticipated debut of U.S.spot bitcoin exchange-traded funds could live up to expectations they would pull in as much as $30 billion in their first year.

In addition to XRP and Solana, which are the fourth- and sixth-largest coins by capitalization, according to CoinGecko, Canary has filed to launch products tied to Litecoin and HBAR, less widely held coins, SEC filings show.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 13:07:34 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1023 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25027216

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 36 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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