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South Korean Regulator Plans to Discuss Crypto Rules With US SEC Chair Gary Gensler
7.2.2024
South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, with a focus on the SEC’s recent decision to approve spot bitcoin exchange-traded funds (ETFs)....
Cleanspark Expands Bitcoin Mining Operations to Mississippi With $19.8 Million Acquisition
6.2.2024
The publicly traded bitcoin mining entity Cleanspark has unveiled plans to broaden its operational footprint into Mississippi through the purchase of three fully operational bitcoin mining sites in the area. Alongside these Mississippi locations, the firm also secured a site in Dalton, Georgia...
WisdomTree ‘Very Close’ to Securing New York License for Crypto Services: Fox Business
6.2.2024
WisdomTree, known for its spot Bitcoin exchange-traded fund (ETF), is reportedly finalizing efforts to secure a license from the New York Department of Financial Services (NYDFS). WisdomTree to Get Limited Purpose Trust Charter According to Fox Business reporter Eleanor Terrett, the NYDFS is nearly...
BlackRock and Fidelity Bitcoin ETFs Dominate Top 10 January Inflows with Massive $4.8B Surge
5.2.2024
BlackRock and Fidelity’s spot Bitcoin (BTC) exchange-traded funds (ETFs) have emerged among the top 10 funds with the highest inflows in January. According to a report from Morningstar research analyst Lan Anh Tran, BlackRock’s iShares Bitcoin Trust (IBIT) secured the eighth position...
9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows
4.2.2024
In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day of trading activity recorded on Feb. 2, 2024. According to the data, Blackrock’s IBIT now possesses...
Solana Price Prediction as SOL Becomes 5th Most-Traded Coin in the Market – Can SOL Overtake Ethereum?
4.2.2024
Solana price prediction takes center stage as SOL ascends to the fifth spot among the most-traded cryptocurrencies, sparking discussions on its potential to rival Ethereum. With its price at $96.50, despite a 2.50% dip over the past day, Solana’s substantial $1.3 billion trading volume...
Blackrock’s IBIT Bitcoin Reserves Soar, Securing 70,005 BTC Valued at Nearly $3 Billion
2.2.2024
According to the latest metrics, Grayscale’s Bitcoin Trust, commonly referred to as GBTC, saw a decline of approximately 9,520.27 bitcoins, valued at around $410 million, between Jan. 31 and Feb. 1, 2024. During a two-day period, Blackrock’s spot bitcoin exchange-traded fund (ETF)...
Valkyrie Partners With Bitgo for Custodial Services and ‘Safekeeping of the Trust’s Bitcoin Holdings’
2.2.2024
On Feb. 1, 2024, Valkyrie Digital Assets, a cryptocurrency asset manager, revealed in a Form 8-K submission to the U.S. Securities and Exchange Commission (SEC) that it has selected Bitgo to provide custodial services for its spot bitcoin exchange-traded fund (ETF). Bitgo to Safekeep the Bitcoin...
Grayscale’s Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired
31.1.2024
In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an estimated $5.33...
CME Group Bitcoin Futures’ Open Interest Slides 24% as Spot ETFs Gain Traction
31.1.2024
The launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States has impacted investor demand for Bitcoin futures, leading to a decline in open interest. Data compiled by Bloomberg reveals that open interest in CME Group Bitcoin futures contracts dropped by approximately...
Experts Warn of Financial System Risks as Bitcoin ETFs Bridge Gap between Crypto and TradFi
31.1.2024
The recent launch of exchange-traded funds (ETFs) tracking Bitcoin (BTC) has sparked concerns among experts about the potential risks that could emerge as cryptocurrencies become further intertwined with the traditional financial system. The Securities and Exchange Commission (SEC) approved 11 spot...
Standard Chartered Expects SEC to Approve Spot Ethereum ETFs in May, Pushing ETH to $4,000
31.1.2024
Standard Chartered has predicted that the U.S. Securities and Exchange Commission (SEC) will likely approve a spot ethereum exchange-traded fund (ETF) in May. The banking giant’s analyst foresees the price of ether rising to $4,000 by the expected approval date. Standard Chartered’s...
Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools
30.1.2024
U.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)’s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on January 11. That even factors in the Grayscale Bitcoin Trust (GBTC) – the oldest...
Bitcoin Heads Towards Fifth Consecutive Monthly Gain, Longest Winning Streak Since Pandemic
30.1.2024
Bitcoin is poised to achieve its fifth consecutive monthly gain, marking its longest winning streak since the pandemic-induced rally fueled by accommodative monetary policies. In January, Bitcoin (BTC) experienced notable price swings, driven by the introduction of the first US spot Bitcoin...
Bitcoin Price Prediction Surges to $43,500 Amidst New ETF Launches and Fidelity Gains
30.1.2024
In the dynamic world of cryptocurrency, the latest Bitcoin price prediction sees the digital asset making a notable surge, reaching $43,500 with an increase of approximately 2.75% on Tuesday. This uptick in Bitcoin’s value comes amidst a flurry of activity in the exchange-traded fund (ETF)...
9 Newly Launched Spot Bitcoin ETFs Accumulate BTC Holdings Worth Nearly $6 Billion
29.1.2024
Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin holdings, now standing at 46,238.09 bitcoin as of Jan. 29, 2024....
UK Remains One of the Few to Hold Back on Retail Access to Crypto ETFs
29.1.2024
The UK remains one of the few major global markets that has yet to approve retail access to cryptocurrency exchange-traded products (ETPs). While countries like Australia, Brazil, Canada, and many states in Continental Europe have embraced these products, the UK has refrained from allowing small...
Analysts Foresee a Bitcoin ETF Offering by Charles Schwab – Trillions to Enter the Market?
29.1.2024
Charles Schwab, a financial giant with $8.5 trillion in assets, has analysts speculating about the possibility of the company entering the spot Bitcoin (BTC) exchange-traded fund (ETF) market. While Charles Schwab currently offers third-party spot Bitcoin ETFs, analysts believe the company might...
Google’s New Crypto Ad Policy Might Increase Investors’ Attention towards Bitcoin ETFs
29.1.2024
Tech behemoth Google announced last month that it would enable new crypto ad policy effective January 29, 2024. As a result, the crypto community speculates that the amendment might include the recently approved Bitcoin exchange-traded funds (ETFs) promotions. Google announced at the time that...
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports
29.1.2024
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox