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Morgan Stanley to Broaden Availability of Spot Bitcoin ETFs: Report
26.4.2024
Morgan Stanley, a leading global investment bank, is reportedly considering expanding access to bitcoin spot exchange-traded funds (ETFs). The firm may soon authorize its approximately 15,000 brokers to actively solicit customer purchases. Morgan Stanley to Widen Access to Spot Bitcoin ETFs Global...
US spot Bitcoin ETFs’ $120M daily net outflow doesn’t scare investors
25.4.2024
The BlackRock iShares Bitcoin Trust (IBIT) experienced something new: no inflow was coming in. Since the start of January, IBIT has had millions of investors daily. BlackRock received almost $15.5 billion through IBIT in just 71 days. But on April 24, the 71-day streak ended as IBIT saw $0...
Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report
25.4.2024
The move may bring fresh energy and capital into the spot ETFs
Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst
25.4.2024
Recently approved by Hong Kong SFC, three different spot Bitcoin ETFs to start trading on April 30 have officially revealed their fees that might lead to potential fee war.
The post Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst appeared first on Cryptonews
Morgan Stanley Considers Allowing Brokers to Recommend Spot Bitcoin ETFs to Clients
25.4.2024
Morgan Stanley is reportedly exploring the possibility of expanding its sales of Bitcoin ETFs by allowing its approximately 15,000 brokers to actively recommend these products to customers.
The post Morgan Stanley Considers Allowing Brokers to Recommend Spot Bitcoin ETFs to Clients appeared first...
Blackrock Bitcoin ETF Sees 70 Straight Days of Inflows — Holdings Near 274K BTC
23.4.2024
The world’s largest asset manager with $10.5 trillion in assets under management, Blackrock, has seen 70 consecutive days of inflows into its spot bitcoin exchange-traded fund (ETF). This achievement places Ishares Bitcoin Trust (IBIT), which has amassed approximately 274K bitcoins since...
Spot Bitcoin ETFs Secured Inflows on Friday While GBTC Struggles to Hold 300,000 BTC
23.4.2024
Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC) teeters on the brink of falling below...
Deutsche Bank Expects Bitcoin Price to ‘Stay High’ After Halving — JPMorgan Disagrees
21.4.2024
JPMorgan Chase and Deutsche Bank have weighed in on potential price movements for bitcoin following the halving. “We continue to expect prices to stay high,” Deutsche Bank analysts said. JPMorgan analysts, however, stated that they “see downside for the bitcoin price post...
Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off ‘Totally Normal’
19.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) have seen outflows for the fifth consecutive day since April 12, with a reduction totaling $4.3 million during Wednesday’s trading sessions. ETF Analyst’s Perspective: Recent Bitcoin ETF Outflows Within Expected Norms The newly launched...
Spot Bitcoin ETFs and Halving Mark Milestones – What Lies Ahead for Crypto?
19.4.2024
The introduction of Spot Bitcoin ETFs and the looming Bitcoin halving have shaken the industry, but enthusiasts eagerly await the next catalysts to drive the ecosystem to new heights.
The post Spot Bitcoin ETFs and Halving Mark Milestones – What Lies Ahead for Crypto? appeared first...
Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’
19.4.2024
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by...
Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact
19.4.2024
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,”...
$10.5 Trillion Asset Manager Blackrock Explains Importance of Bitcoin Halving
18.4.2024
Blackrock, the world’s largest asset manager, has explained the importance of the Bitcoin halving. “One of the reasons some people find bitcoin valuable is its scarcity,” Blackrock explained, adding that the halving also “underscores Bitcoin’s decentralized...
Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF
17.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as Potential Leader in Spot Bitcoin ETF Market...
Hong Kong Bitcoin ETFs Likely Not Available for Mainland Chinese Investors: Bloomberg
17.4.2024
Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further
Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs
16.4.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25...
South Korea may launch Bitcoin ETFs early
16.4.2024
Bitcoin ETF has already marked a pivotal moment in the US, with the Securities & Exchange Commission approving eleven applications effective January 11, 2024. Hong Kong could be the next to launch a Bitcoin ETF. South Korea is on the list too, except it is now considering making an early move...
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
16.4.2024
ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate
15.4.2024
Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although there were anticipations of notable capital...
ETFSwap (ETFS) raises $750,000 in 3 days to bring Spot Bitcoin ETFs to the blockchain
14.4.2024
Spot Bitcoin ETFs have been all the rage recently in the investment world. Since their approval in January by the United States Security and Exchange Commission (SEC), BlackRock’s IBIT, along with the other 10 investment funds, have shot up in popularity to break trading records set by other...