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Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains
8.5.2024
Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive...
Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows
7.5.2024
According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin ETFs accumulated $217 million in positive inflows...
Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow
4.5.2024
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin...
Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024
3.5.2024
The CEO of CF Benchmarks predicts that crypto ETFs in Hong Kong will overcome their lackluster start and accumulate over $1 billion in AUM by the end of 2024.
The post Kraken Unit CEO Predicts Hong Kong Crypto ETFs to Surpass $1 Billion AUM by 2024 appeared first on Cryptonews
Bitcoin Posts Worst Month Since FTX Collapse Amid Ebbing ETF Euphoria
1.5.2024
Bitcoin has experienced its most challenging month since the collapse of Sam Bankman-Fried's FTX empire, as the excitement surrounding US spot Bitcoin ETFs continues to wane.
The post Bitcoin Posts Worst Month Since FTX Collapse Amid Ebbing ETF Euphoria appeared first on Cryptonews
Hong Kong’s New Spot Bitcoin and Ether ETFs See $11.2 Million in Trading Volume on Debut Day
1.5.2024
Hong Kong's entry into the spot Bitcoin and Ether exchange-traded funds (ETFs) market saw six newly introduced ETFs record a trading volume of HK$87.5 million ($11.2 million) on their first day of trading.
The post Hong Kong’s New Spot Bitcoin and Ether ETFs See $11.2 Million in Trading...
Hong Kong ETF Issuers Anticipate $300 Million First-Day Inflows: Bloomberg
30.4.2024
Issuers are expecting approximately $300 million in combined first-day inflows for the six new Hong Kong spot-crypto ETFs, with a preference for Bitcoin funds.
The post Hong Kong ETF Issuers Anticipate $300 Million First-Day Inflows: Bloomberg appeared first on Cryptonews
GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
29.4.2024
Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin...
‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs
25.4.2024
While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever...
Trading of Hong Kong Spot Bitcoin and Ethereum ETFs Starts April 30
24.4.2024
Per the Securities and Futures Commission (SFC) of Hong Kong, the region’s newly authorized spot bitcoin and ethereum exchange-traded funds (ETFs) are set to commence trading on Tuesday, April 30, 2024. Anticipation Builds for the Rollout of Bitcoin and Ethereum ETFs in Hong Kong Recently...
Hong Kong’s Spot Bitcoin and Ethereum ETFs to Begin Trading on April 30
24.4.2024
Hong Kong is gearing up to launch its much-anticipated spot Bitcoin and Ethereum exchange-traded funds (ETFs) by the end of April.
The post Hong Kong’s Spot Bitcoin and Ethereum ETFs to Begin Trading on April 30 appeared first on Cryptonews
Bitcoin Long-Term Outlook Remains Bullish Despite Selling Pressure Ahead of Halving: Crypto.com CEO
16.4.2024
Bitcoin may experience some selling pressure in the lead-up to the highly anticipated halving event, but the long-term outlook remains bullish.
The post Bitcoin Long-Term Outlook Remains Bullish Despite Selling Pressure Ahead of Halving: Crypto.com CEO appeared first on Cryptonews
BlackRock’s Bitcoin ETF Sees $73M in Inflows as Other Funds Remain Stagnant
16.4.2024
BlackRock's Bitcoin ETF stands out as the sole spot Bitcoin fund in the United States to experience inflows on Monday, while other ETFs reported either zero inflows or even outflows.
The post BlackRock’s Bitcoin ETF Sees $73M in Inflows as Other Funds Remain Stagnant appeared first...
Hong Kong Approves First Spot Bitcoin and Ethereum ETFs
15.4.2024
The Hong Kong Securities and Futures Commission (SFC) has given the green light to several spot bitcoin and ethereum exchange-traded funds (ETFs), a move that signals substantial progress in the region’s crypto market, with approvals awarded to China Asset Management, Bosera Capital,...
Bitcoin ETF Flows Expected to Remain Strong Leading Up to Halving, Says Santiment
8.4.2024
Spot Bitcoin ETF flows are anticipated to remain robust leading up to the Bitcoin halving, according to Santiment, an on-chain analytics firm.
The post Bitcoin ETF Flows Expected to Remain Strong Leading Up to Halving, Says Santiment appeared first on Cryptonews
Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings
3.4.2024
Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US ETFs that hold the cryptocurrency.
The post Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings appeared first on Cryptonews
Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time
3.4.2024
Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...
Digital Asset Products See $862M in Inflows, Nearly Erasing Previous Week’s Outflows
2.4.2024
Digital asset investment products experienced a positive turnaround in sentiment as inflows reached a total of $862 million last week, almost fully recovering from the record outflows of $931 million in the prior week.
The post Digital Asset Products See $862M in Inflows, Nearly Erasing Previous...
Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K
2.4.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw net outflows on Monday as the flagship cryptocurrency dropped below $67,000.
The post Spot Bitcoin ETFs Continue to See Net Outflows as BTC Price Drops Below $67K appeared first on Cryptonews
Approval of Spot ETFs in the US Has Boosted Bitcoin Favorability Among Singaporeans
28.3.2024
Singaporeans are increasingly viewing Bitcoin favorably, thanks to the recent approval of spot Bitcoin ETFs in the United States.
The post Approval of Spot ETFs in the US Has Boosted Bitcoin Favorability Among Singaporeans appeared first on Cryptonews