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Galaxy Digital CEO Anticipates BTC Reaching $100K This Year Citing ‘Runaway Momentum’ in Spot Bitcoin ETFs
10.3.2024
Galaxy Digital CEO Mike Novogratz firmly believes that bitcoin will reach $100K this year. “Right now there are more buyers and sellers,” he explained, adding that there is “runaway momentum” in bitcoin exchange-traded funds (ETFs). In addition, he pointed to...
Rich Dad Poor Dad Author Robert Kiyosaki: Bitcoin ‘on Fire’ — BTC Headed for $300K This Year
10.3.2024
Rich Dad Poor Dad author Robert Kiyosaki says bitcoin is “on fire,” predicting that the crypto will hit $300K this year. Bitcoin surged to a new all-time high this week, fueled by soaring demand for spot bitcoin exchange-traded funds (ETFs). Robert Kiyosaki: Bitcoin Is on Its Way...
SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’
9.3.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry is filled with instances of abuse and fraud, citing a significant number of bankruptcies in recent years. He also cautioned investors in spot bitcoin exchange-traded funds (ETFs) that these...
JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years
9.3.2024
J.P. Morgan believes Bitcoin spot ETFs likely won’t see much AUM growth in the long term based on valuations of the asset next to gold.
The post JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years appeared first on Cryptonews
BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund
8.3.2024
BlackRock’s Global Allocation Fund to Invest in Spot Bitcoin ETFs
8.3.2024
BlackRock, the world's largest asset manager, announces spot Bitcoin ETF inclusion in its popular Global Allocation Fund. This move reflects BlackRock's expanding cryptocurrency investments, which include its own rapidly growing iShares Bitcoin Trust (IBIT).
The post BlackRock’s Global...
New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion
8.3.2024
The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently...
SEC Delays Decision on Options Trading on Spot Bitcoin ETFs
8.3.2024
The United States Securities and Exchange Commission (SEC) has delayed the decision to approve options trading on spot Bitcoin exchange-traded funds (ETFs).
The post SEC Delays Decision on Options Trading on Spot Bitcoin ETFs appeared first on Cryptonews
MEXC Addresses Missing Funds Concerns Amidst Allegations of ‘Clawbacks’
7.3.2024
The MEXC exchange denies any accusations that it has arbitrarily confiscated customer money. According to a Coin Telegraph report, several MEXC users have recently complained on social media of random “clawbacks” or centralized withdrawal freezes and liquidations of funds. User...
Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows
7.3.2024
BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has taken in a record daily inflows of $788 million on Tuesday, as the crypto frenzy shows little signs of slowing down in March.
The post Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows appeared first on Cryptonews
BlackRock Bitcoin ETF Sees Record $750 Million Inflows – What’s Going On?
6.3.2024
BlackRock Bitcoin ETF continues its rapid growth, with record-breaking daily inflows and impressive market performance. Analysts weigh in on investor sentiment as Bitcoin ETFs gain momentum, suggesting they could outpace gold ETFs in the near future.
The post BlackRock Bitcoin ETF Sees Record $750...
Stephen A. Smith Knows Tilted Towers Is The Fortnite Hot Spot
6.3.2024
Everyone’s favorite out-of-pocket basketball uncle, Stephen A. Smith, knows Fortnite better than you might think. At least, that’s what can be gleaned from a breakout clip of his YouTube program, The Stephen A. Smith Show, that’s making the rounds today.Read more
Blackrock’s Bitcoin ETF Adds 12,623 BTC in Largest Single-Day Purchase Since Launch
6.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now holds 183,345 bitcoins. Blackrock Bought...
Bitcoin ETFs Break Trading Volume Record — Blackrock’s IBIT Now Holds Over 170K BTC
6.3.2024
Ten spot bitcoin exchange-traded funds (ETFs) shattered their trading volume record on Tuesday, reaching a staggering $10 billion. Blackrock’s Ishares Bitcoin Trust (IBIT) continues to dominate, surpassing $11 billion in assets under management (AUM) and accumulating over 170,000 bitcoins....
Deutsche Börse Launches Spot Crypto Platform for Institutional Clients
5.3.2024
Deutsche Börse, one of Europe’s biggest exchange operators, has officially launched a new regulated spot platform for crypto assets targeting institutional clients.
The post Deutsche Börse Launches Spot Crypto Platform for Institutional Clients appeared first on Cryptonews
South Korea Contemplating Allowing Spot Bitcoin ETF, Says Financial Watchdog Chief
5.3.2024
South Korean authorities are discussing the potential approval of spot Bitcoin exchange-traded funds (ETFs) in the country, as revealed by the country's chief of the financial watchdog.
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Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26 Billion Since ETF Conversion
5.3.2024
Grayscale, the world's largest crypto asset manager, has experienced a significant decrease in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.
The post Grayscale’s Bitcoin Holdings Drop by 33%, Totaling $9.26...
Crypto Assets Under Management (AUM) Soar 27% to $66B in Feb on Bitcoin Strength
5.3.2024
Total crypto assets under management (AUM) soared by 27% to $65.66 billion in February, driven by rising Bitcoin prices and growing adoption of Spot Bitcoin ETFs in the US.
The post Crypto Assets Under Management (AUM) Soar 27% to $66B in Feb on Bitcoin Strength appeared first on Cryptonews
US SEC Delays Decision on BlackRock’s Spot ETH ETF
5.3.2024
The U.S. Securities and Exchange Commission (SEC) has delayed a decision to approve the BlackRock spot Ethereum exchange-traded fund (ETF).
The post US SEC Delays Decision on BlackRock’s Spot ETH ETF appeared first on Cryptonews
BlackRock Spot Bitcoin ETF AUM Hits $10B Overtaking the iShares Silver Trust
4.3.2024
The newly listed BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has overtaken the iShares Silver Trust reaching $10 billion in assets under management (AUM).
The post BlackRock Spot Bitcoin ETF AUM Hits $10B Overtaking the iShares Silver Trust appeared first on Cryptonews