Search
Former FTX Associates Enter Crosshairs, Bitcoin Halving Inches Closer, and More — Week in Review
7.4.2024
After the sentencing of Sam Bankman-Fried to nearly 25 years in prison for his role in FTX’s financial mismanagement, attention shifts to his former associates. The cryptocurrency world eyes the upcoming Bitcoin halving, expected between April 18 to April 22, 2024. Blackrock’s Ishares...
JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process
7.4.2024
Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in May at 50%, foreseeing a potential litigation process if an ether ETF application...
US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip
6.4.2024
Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of $84.7 million in net outflows on April 1, the ETFs have since rebounded, gathering $569.4 million in...
Blackrock Adds Citi, Goldman, UBS, Citadel as Bitcoin ETF’s Authorized Participants — IBIT Holdings Near 260K BTC
6.4.2024
Blackrock, the world’s largest asset manager, now has nine authorized participants for its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). They include JPMorgan Securities, ABN Amro, UBS Securities, Goldman Sachs, Citigroup, and Citadel Securities. 9 Authorized...
Morgan Stanley Aims to Beat UBS as First Bank to Fully Approve Bitcoin ETF
4.4.2024
Investment banks seeking to incorporate spot Bitcoin ETFs in the US are growing in number, with Morgan Stanley and UBS eyeing the top spot.
The post Morgan Stanley Aims to Beat UBS as First Bank to Fully Approve Bitcoin ETF appeared first on Cryptonews
10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply
4.4.2024
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The group of ten spot bitcoin ETFs, excluding Grayscale’s Bitcoin Trust GBTC, now encompasses 507,472.89...
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
Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March
3.4.2024
Bitcoin ETFs pulled exponentially larger trading numbers in March, and BlackRock is leading the pack.
The post Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March appeared first on Cryptonews
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
2.4.2024
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25...
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
Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows
31.3.2024
U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $887.6 million. After a Week...
Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand
30.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects...
Bitcoin ETFs launch in April 2024, offering new investment options
29.3.2024
The forthcoming launch of Bitcoin Exchange-Traded Funds (ETFs) in April 2024 is highly anticipated by investors. These funds are expected to offer a regulated and easily accessible investment opportunity in the preeminent cryptocurrency globally. As institutional participation in the cryptocurrency...
Blackrock CEO Larry Fink ‘Very Bullish’ on Bitcoin — Hails IBIT ‘the Fastest Growing ETF’ Ever
29.3.2024
The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the demand for Blackrock’s spot bitcoin exchange-traded fund (ETF),...
Assets Invested in Crypto ETFs and ETPs Rise 359% in 2024 From $15B to $69B: ETFGI
28.3.2024
ETFGI, an independent research firm reports assets invested in cryptocurrency exchange traded funds (ETFs) and exchange traded products (ETPs) listed globally have reached a major new milestone of $69.39 billion at the end of February seeing a 358.9% from $15.12 billion at end of 2023.
The post...
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
Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto
27.3.2024
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said...
Hashdex Bitcoin ETF Begins Trading — US Now Home to 11 Spot BTC ETFs
27.3.2024
Hashdex Bitcoin ETF, one of the 11 spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) in early January, has launched. The fund converted from Hashdex Bitcoin Futures ETF and is trading on the NYSE Arca exchange. US Now Has 11 Spot Bitcoin ETFs...
US Spot Bitcoin ETFs Rebound With $418 Million Inflow
27.3.2024
On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418 million in inflows, building on the $15.4 million...
Spot Bitcoin ETFs Witness $418M in Net Inflows Led by Blackrock and Fidelity
27.3.2024
US spot Bitcoin ETFs have experienced a resurgence of fresh capital, reversing a streak of consecutive net outflows over the past week.
The post Spot Bitcoin ETFs Witness $418M in Net Inflows Led by Blackrock and Fidelity appeared first on Cryptonews