Search
ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD
22.3.2024
ARK Invest, known for its involvement in the spot Bitcoin exchange-traded fund (ETF) market, has decided to cash in on its Coinbase holdings as the stock's value climbs above $270.
The post ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD appeared first...
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
The post Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M appeared first on Cryptonews
Peter Schiff Highlights Problem With Owning Bitcoin ETF — BTC Investors Respond Self-Custody Is Key
22.3.2024
Gold bug Peter Schiff has highlighted a problem with owning spot bitcoin exchange-traded funds (ETFs). However, the issue Schiff pinpointed isn’t unique to bitcoin ETFs. This discussion has reignited calls for self-custody among crypto proponents. Peter Schiff’s Warning Prompts...
Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund
21.3.2024
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused...
Best Crypto to Buy Today March 20 – KCS, Stacks, Toncoin
20.3.2024
As concerns about Ether (ETH)’s regulatory status in the US weigh on market sentiment on Tuesday, and one day after spot Bitcoin ETFs just saw their biggest daily outflow, traders are hunting for the best crypto to buy today to maximize their chances of securing quick gains.
The post Best Crypto...
Best Crypto to Buy Today March 20 – KCS, Stacks, Toncoin
20.3.2024
As concerns about Ether (ETH)’s regulatory status in the US weigh on market sentiment on Tuesday, and one day after spot Bitcoin ETFs just saw their biggest daily outflow, traders are hunting for the best crypto to buy today to maximize their chances of securing quick gains.
The post Best Crypto...
GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000
20.3.2024
Bitcoin experienced a significant price collapse amid continued outflows from Grayscale's converted GBTC spot Bitcoin ETF.
The post GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000 appeared first on Cryptonews
Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a ‘Psychological Shift’
20.3.2024
Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting that until now the bitcoin price action has been driven primarily by retail investors. “But it’s the institutions that we’ve started to see come...
‘Wolf of All Streets’ Warns Bitcoin Market Could ‘Cool off Massively’
20.3.2024
Scott Melker, also known as the “Wolf of All Streets,” has shared some concerns regarding the bitcoin market. Pointing to his “top signals,” he cautioned that the market could “cool off massively for a few months before hopefully ramping up again in...
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
19.3.2024
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings...
Spot Bitcoin ETFs Are Just the Beginning for Wall Street
19.3.2024
Grayscale Investments Submits Revised Application for Spot Ethereum ETF
19.3.2024
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments,...
GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K
19.3.2024
Grayscale’s spot Bitcoin ETF has seen the biggest outflow of $643 million on March 18, as Bitcoin price continues to drop and is now below the $65,000 mark.
The post GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K appeared first on Cryptonews
9 New Bitcoin ETFs Surpass GBTC by Accumulating 450,000 BTC Worth Over $30B
17.3.2024
The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates. The 9 New ETFs Hold Nearly a Half Million Bitcoin Since their...
$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform
17.3.2024
Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and...
‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
16.3.2024
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin...
US Senators Push SEC to Stop Approving Spot Crypto ETFs — Say Other Crypto Markets Risker Than Bitcoin
16.3.2024
Two U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to refrain from approving additional crypto exchange-traded fund (ETF) applications. The lawmakers cautioned: “However vulnerable bitcoin may be to fraud and manipulation, markets for other...
Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’
16.3.2024
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added...
Big Bitcoin Price Swings Wipeout Traders as ETF Buyers Battle Profit-taking Sellers – Where is BTC Headed Next?
15.3.2024
The Bitcoin (BTC) price saw big swings on Friday, with droves of traders on both the bullish and bearish side getting their positions wiped out as US spot Bitcoin ETF buyers continue to battle against profit-taking sellers.
The post Big Bitcoin Price Swings Wipeout Traders as ETF Buyers Battle...