BlackRock’s iShares Bitcoin ETF Chases All-Time Inflow Streak
As a sign of good faith and confidence of the investors at the time of market instability, iShares Bitcoin ETF (IBIT), managed by Blackrock has been engaging five consecutive daily inflows, which will make a record of such nature. Data retrieval shows that the ETF has brought 64 consecutive inflows to it that is more […]
Crypto analyst Peter Schiff warns of Bitcoin ETF vulnerability in case of Bitcoin sell-off
The crypto exchange had a downturn following Iran missile and drone attack on Israel.The free fall was noticed especially in the market of Bitcoin. It sparked a debate over the challenges of digital currencies investments, among others liquidity when the US investors cannot trade Bitcoin at this time. Peter Schiff highlights Bitcoin ETF low trading […]
Hong Kong’ investment scene turns out to be Bitcoin ETF-oriented due to initiatives.
Hong Kong-based subsidiaries to launch Bitcoin Exchange-Traded Funds (ETFs) which may in the long-run indicate the potential change in the investment approach to crypto currency. Industry sources have recently revealed CME members Harvest Fund’s and CSF’s Hong Kong branches, right in the first row, for the Bitcoin ETFs application, with Harvest Fund logo purposing the […]
BlackRock teams up with Wall Street giants for Bitcoin ETF participation
Blackrock, the largest ETF issuer in the developed world, has named four major Wall Street banks its authorized participants for its IBTC ETF, making them eligible for block trades. Citi, Citadel Securities, Goldman Sachs, and UBS coming together at once with the spot Bitcoin ETFs being the greatest spotlight of this is not a mere […]
Bitcoin ETFs experience significant outflows
In recent days, Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) has seen notable daily outflows, surpassing $87 million on April 2nd. This marks the first instance of ARKB experiencing larger daily outflows compared to Grayscale’s Bitcoin Trust (GBTC) since the launch of spot Bitcoin ETFs in the United States. The outflows from ARKB totaled […]
Fidelity incorporates staking in the Ethereum ETF proposal
Financial powerhouse Fidelity has made a significant move in the cryptocurrency market, submitting an amended proposal for an Ethereum (ETH) exchange-traded fund (ETF). The amendment introduces a staking feature to the proposed ETF, allowing investors to stake a portion of the fund’s assets through a trusted staking provider. Fidelity’s Ethereum ETF proposal echoes Bitcoin’s regulatory […]
Significant decline in probability of spot Ethereum ETF approval by end of May: Reports
The probability of approval for a spot Ethereum Exchange-Traded Fund (ETF) by the end of May has seen a remarkable decline, according to data from Polymarket, a prediction platform. This downturn contrasts starkly with the optimism surrounding spot Bitcoin ETFs earlier in the year. Polymarket’s findings reveal a substantial drop in the likelihood of a […]
Is Bitcoin’s bull run over? ETF inflows drop, prices slide
Bitcoin Exchange-Traded Fund (ETF) inflows witnessed a staggering decline of 80.6% within 24 hours, marking a substantial shift in investor sentiment towards the cryptocurrency. The drop was reported by a cryptocurrency analytics platform, highlighting a net inflow of $133 million into Bitcoin ETFs. This sharp decrease comes after a record-breaking inflow of $1.05 billion just […]
New York Stock Exchange (NYSE) proposes listing for 7RCC’s environmentally-conscious Bitcoin ETF
Crypto firm 7RCC has taken significant strides toward introducing an environmentally-conscious spot Bitcoin ETF in the United States. The New York Stock Exchange (NYSE) has notified the Securities and Exchange Commission (SEC) of its proposal to list and trade shares of the 7RCC spot Bitcoin and Carbon Credit Futures ETF. NYSE advances 7RCC’s eco Bitcoin […]
BlackRock’s Bitcoin ETF Surpasses Silver Trust
In a monumental shift within the commodity ETF landscape, BlackRock‘s iShares Bitcoin ETF has overtaken the largest silver trust in terms of assets under management (AuM). Recent data released by HODL15Capital highlights the significant milestone for cryptocurrency as Bitcoin spot ETFs make remarkable strides in the market. BlackRock’s iShares BTC ETF hits $10.03 billion AuM […]
Breaking: Bitwise’s bold prediction for Bitcoin ETFs – Buckle up
According to insights from Bitwise, a leading crypto asset manager, Bitcoin ETFs are poised for significant growth in the coming months. The Chief Investment Officer, Matt Hougan, anticipates a surge in demand for spot bitcoin ETFs, driven by various market participants. This surge is expected to include participation from larger U.S. wirehouses, which could further […]
Bitcoin’s liquidity floods into the US, Spot ETFs rewrite rules
Bitcoin liquidity is experiencing a significant shift towards the United States, driven by the emergence of Spot Exchange-Traded Funds (ETFs) in the crypto market. This transformation is reshaping the dynamics of crypto markets globally, with several key factors contributing to this trend. Despite initial concerns, the introduction of US spot Bitcoin ETFs has actually led […]
Bitcoin futures open interest hits new high, echoing November 2021 peak
The cryptocurrency market has witnessed a significant milestone as open interest for Bitcoin futures on centralized exchanges soared to a new annual high, reaching levels last observed in November 2021. According to data from CoinGlass, the aggregated open interest in Bitcoin futures escalated to $22.9 billion this Monday, closely approaching the historical peak of approximately […]
LPL Financial Holdings explores incorporating Bitcoin ETFs
LPL Financial Holdings, a prominent player in the U.S. financial market, is actively considering including recently approved Bitcoin exchange-traded funds (ETFs) into its wide array of offerings. This significant development has garnered attention thanks to a recent Bloomberg report, with additional coverage provided by Chinese reporter Colin Wu on X. The company explored these offerings […]
Bitcoin ETF approval indicates mainstream validation, but scalability remains a key concern
In a recent interview with Cointelegraph, Paul Sztorc, a prominent figure in the Bitcoin community, shared his thoughts on approving Bitcoin exchange-traded funds (ETFs) in the United States and the implications for the cryptocurrency ecosystem. While he acknowledged the significance of ETFs in mainstream acceptance, Sztorc emphasized the need for enhanced scalability and functionality within […]
Fidelity’s Spot Bitcoin ETF gathers $208M in daily inflows, outpacing Grayscale Bitcoin Trust
In a significant turn of events for the cryptocurrency market, Fidelity’s Spot Bitcoin exchange-traded fund (ETF), FBTC, attracted a staggering $208 million daily inflows on January 29, 2024. This achievement marks a notable milestone as FBTC outstripped outflows from the Grayscale Bitcoin Trust (GBTC) for the first time since its launch. Provisional data from Farside […]
BlackRock’s Bitcoin ETF soars past $2B AUM
In the rapidly evolving world of cryptocurrencies, BlackRock, one of the world’s largest asset managers, has emerged as a formidable player following the approval and subsequent success of its Bitcoin Exchange-Traded Fund (ETF). The financial giant has been making significant strides, attracting substantial inflows and setting impressive records since the ETF’s green light just two […]
FTX’s Alameda Research withdraws lawsuit against Grayscale Investments
Alameda Research, an affiliate of the now-defunct cryptocurrency exchange FTX, has withdrawn its lawsuit against Grayscale Investments. This development follows the recent transformation of Grayscale’s Bitcoin Trust (GBTC) into an exchange-traded fund (ETF). The initial lawsuit, filed in March, revolved around allegations that over $9 billion in investor funds were trapped in GBTC, exacerbated by […]
Thailand’s SEC rejects spot Bitcoin ETF trading, citing lack of policy framework
The Securities and Exchange Commission (SEC) of Thailand has officially denied permission to trade spot Bitcoin exchange-traded funds (ETFs) in the country, according to a report by a local media outlet. This decision comes after the recent approval of spot Bitcoin ETFs in the United States, which garnered significant attention worldwide. Thai SEC rejects spot […]
Bitcoin speculators trigger $5B sell-off – Top 5 must-knows for crypto investors this week
Recent developments have sent shockwaves through the community as Bitcoin (BTC) speculators initiated a staggering $5 billion sell-off. This abrupt market movement has left investors and enthusiasts alike scrambling to understand the underlying factors at play and how they might influence the broader crypto ecosystem in the coming week. From regulatory shifts to technological advancements, […]
BlackRock CEO envisions technological, financial revolution with ETF approval
In a recent television interview on CNBC, BlackRock CEO Larry Fink expressed his belief that the recent approval of exchange-traded Funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) marks the first step toward a transformative technological revolution in the financial markets. Fink’s statements come in the wake of the SEC’s green light for […]
Major South Korean securities firms suspend brokerage services for foreign Bitcoin spot ETFs
In response to a cautionary announcement from South Korea’s Financial Services Commission (FSC), several prominent securities firms in the country have suspended their brokerage services for foreign Bitcoin spot ETFs, including those from Canada and Germany. This move comes as a preemptive measure amid concerns that these transactions may violate existing government regulations regarding virtual […]
Crypto gamblers cash in on the spot Bitcoin ETF approval; some dispute results
Cryptocurrency enthusiasts who placed their bets on the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) before January 15 are now celebrating their winnings, as the U.S. Securities and Exchange Commission (SEC) gave the green light to 11 such ETFs. Over $12 million was wagered on the outcome of this event on the Polygon-based […]
U.S. approval of Bitcoin ETF expected to impact Asian crypto market
In a significant development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) recently granted approval for a spot bitcoin exchange-traded fund (ETF). While this decision has generated global interest, industry experts predict its most profound impact will be felt in Asia. This article explores the implications of the SEC’s decision on the […]
Bitcoin’s response to ETF approval remains uncertain, analysts warn
In a surprising turn of events, Bitcoin experienced significant price volatility following a false announcement of the approval of the first U.S. spot Bitcoin exchange-traded fund (ETF). However, trading firm QCP Capital has cautioned against expecting an explosive bull market response even when an official ETF approval does occur. False ETF approval sparks short-lived price […]
Bitcoin ETF approval nears: Experts predict 95% chance of success
As the crypto world holds its breath, anticipation for the potential approval of a Bitcoin Exchange-Traded Fund (ETF) has reached unprecedented levels. With the U.S. Securities and Exchange Commission (SEC) now accepting 19b-4 forms from exchanges and issuers, experts are increasingly confident that the long-awaited ETF may finally get the green light. While some caution […]
FOMO alert: SEC’s dire warning ahead of Bitcoin ETF decision
The United States Securities and Exchange Commission (SEC) has reissued a cautionary statement regarding the dangers of FOMO (Fear of Missing Out) crypto investing. This advisory comes just days before the expected approval decision on spot Bitcoin exchange-traded funds (ETFs). The SEC’s Office of Investor Education, in a January 6 announcement, emphasized the potential risks […]
Bitcoin ETF progress: Asset managers on the brink of final approval
The long-awaited approval of a Bitcoin Exchange-Traded Fund (ETF) in the United States appears to be on the horizon, marking a significant milestone in the cryptocurrency industry. After months of regulatory anticipation and delays from the Securities and Exchange Commission (SEC), key players in the race for a Bitcoin Spot ETF, including BlackRock, Grayscale, and […]
SEC’s talks with exchanges raise hopes for Bitcoin ETF approval
In a recent turn of events, the Securities and Exchange Commission (SEC) has reportedly engaged in discussions with major stock exchanges, including the New York Stock Exchange (NYSE), Nasdaq, and Chicago Board Options Exchange (CBOE), leading to heightened expectations of an imminent approval for a spot Bitcoin exchange-traded fund (ETF). While the final decision is […]
Competitors are closing in on BlackRock in U.S. ETF market
BlackRock, a titan in the U.S. exchange-traded fund (ETF) market, is witnessing a gradual erosion of its commanding lead as competitors like Vanguard and smaller firms carve out larger market shares in the booming $8 trillion industry. This shifting landscape is reshaping the dynamics of the ETF market, where BlackRock’s iShares once held unchallenged dominance. […]
Spot Bitcoin ETF launch expected to attract trillions over time
Investors may be underwhelmed by the immediate impact of spot Bitcoin exchange-traded funds (ETFs). Still, industry experts are predicting that these financial products have the potential to draw trillions of dollars into the cryptocurrency market in the long run. VanEck adviser Gabor Gurbacs Bloomberg ETF analysts Eric Balchunas and James Seyffart have all voiced their […]
The market remains unfazed as the SEC’s decision on Bitcoin ETF approaches
As the crypto world eagerly anticipates the U.S. Securities and Exchange Commission’s (SEC) potential approval of a Bitcoin spot exchange-traded fund (ETF), recent market data suggests that traders have already priced in this pivotal event. Despite the significance of the SEC’s decision, market activity has shown a surprising lack of volatility and response, raising questions […]
Spot Bitcoin ETF approval expected by January 10, 2024
Institutional traders may consider taking profits following the forecasted approval of a spot Bitcoin exchange-traded fund (ETF) by January 10, 2024. This news comes from K33 research analysts, who are confident in the imminent approval, citing recent developments within the ETF landscape and the robust performance of Bitcoin over the past week. ETF approval nearing […]
SEC insists on cash redemption model for Bitcoin ETFs amid industry buzz
The United States Securities and Exchange Commission (SEC) is maintaining its stance on requiring Bitcoin exchange-traded fund (ETF) issuers to use a “cash” redemption model for their creations and redemptions. This decision comes despite alternative proposals, including one from BlackRock, that suggest an “in-kind” model. As the cryptocurrency community eagerly awaits the approval of Bitcoin […]
Grayscale’s strategy rocks crypto ETFs: SEC in a tight spot
Grayscale Investments has employed an unconventional strategy in its bid to secure approval for a spot Ether ETF. ETF analyst James Seyffart has characterized Grayscale’s application for an Ether futures ETF as a tactical maneuver aimed at pressuring the U.S. Securities and Exchange Commission (SEC) into approving its spot Ether ETF. The SEC’s dilemma to […]
Fidelity’s crypto-adjacent move revealed in ETF share class filing
In a strategic move signaling its growing interest in the financial landscape, Fidelity, a titan in the asset management industry, has taken a significant step towards embracing a structure pioneered by Vanguard. The firm has filed with the Securities and Exchange Commission to adopt Vanguard’s Exchange-Traded Fund (ETF) multi-share class structure, positioning itself as the […]
Ethereum soars to a 7-month high amid the BlackRock ETF approval
Ethereum (ETH) saw a surge in its price that displayed a better performance than Bitcoin’s (BTC) following the recent buzz on the exchange-traded funds (ETFs) plans by BlackRock. Both these major currencies witnessed a surge in their price as ETH reached a fresh high in the past 24 hours. Bitcoin rallied to the $38,000 level […]
ETF frenzy diverts attention from Coinbase’s uncertain path
As the cryptocurrency sector teeters on the brink of what could be a transformative era, Coinbase Global Inc. finds itself in a paradoxical ascent, its fortunes seemingly uplifted by the fervent buzz over a new Bitcoin exchange-traded fund (ETF). The ETF mania has injected optimism into the market, potentially signaling a boost in demand. However, […]
Bitcoin hits a fresh 30-month high as altcoins lag in rally
Bitcoin has recently experienced surges in its price following recent events in the crypto space, including the spot BTC exchange-traded funds (ETF) applications and other financial news. However, as Bitcoin shows dominance in the digital space, the same can’t be said for Ethereum, as Ether altcoins experience a lag rally. Price movement up and down […]
Ark Invest resubmits its spot Bitcoin ETF with updated warnings
Cathie Wood’s Ark Invest has taken another step in its quest to launch a Bitcoin spot exchange-traded fund (ETF) by filing a second amended application on October 11. This updated application includes additional risk warnings related to the Bitcoin network, which could potentially impact the ETF’s price. The changes also cover various other adjustments to […]
