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Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here’s Why

"Ether is a 'lightning rod' for negative sentiment from crypto native and external players and has several weak spots," one observer said.
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No, Hong Kong’s Crypto ETFs Aren’t Available in Mainland China

The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.
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Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1

Grayscale, which converted its flagship Grayscale Bitcoin Trust into an ETF in January, saw revenue stay flat as rising crypto prices balanced out heavy outflows and a lower management...
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Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says

Both equities and gold have been trading lower since reaching highs in mid-April, the report noted.
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BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs

The asset manager has been helping educate pension funds, endowments and sovereign wealth funds about the new spot bitcoin ETF products, BlackRock’s head of digital assets said.
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Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the bank said in a report.
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U.S. Bitcoin ETFs Bleed Record $563M Even as Fed’s Powell Rules Out Rate Hike

Fidelity's FBTC, not GBTC, let outflows on Wednesday in what may be an alarming development for the bulls.
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An ETH ETF Wouldn’t Deliver Full-Returns to Investors

An SEC approval for spot ETH ETFs looks unlikely but even if the SEC approves exchange traded funds for Ether, investors should learn about total return ETH investment products....
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Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash

Recent U.S. economic veri could prompt more hawkish forward guidance from the Federal Reserve.
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Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S....
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