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SEC Chairman Gensler Comments on Bitcoin and Ethereum; Avoids Ethereum Security Classification
7.3.2024
Chairman of the U.S Securities and Exchange Commission (SEC) Gary Gensler has refrained from publicly disclosing the SEC's classification of Ethereum as either a security or a commodity. The SEC’s position on Ethereum could be a defining factor in whether or not the regulator would approve Ethereum...
Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios
7.3.2024
Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) is seeking to add exposure to Bitcoin ETFs in their portfolios.
The post Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios 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...
Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts
6.3.2024
Bitcoin {{BTC}} reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have happened so soon if the ETFs hadn’t launched?
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....
SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications
6.3.2024
The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs
Corporations Haven’t Even Begun Buying Bitcoin ETFs: Bitwise
6.3.2024
Demand for Bitcoin ETFs is only beginning to ramp up, with some of the market's largest players yet to begin buying, according to crypto asset manager Bitwise.
The post Corporations Haven’t Even Begun Buying Bitcoin ETFs: Bitwise appeared first on Cryptonews
Bitcoin ETFs Smash $10B Trading Volume Record Amid Wild BTC Price Action
5.3.2024
U.S.-listed spot bitcoin ETFs had their busiest day ever on Tuesday as bitcoin's run for all-time high price turned into a bloodbath, the price tumbling more than 10% after hitting a record above $69,000
Bitcoin ETF Issuer VanEck Has Huge Crypto Growth Goals in Europe
5.3.2024
VanEck, a 69-year-old asset manager with a history of bringing newfangled investments to customers, has high hopes for the role crypto will play in its European division
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.
The post South Korea Contemplating Allowing Spot Bitcoin ETF, Says Financial Watchdog Chief appeared first...
ETH ETFs “Inevitable” in US, European Market Way Ahead With ETH ETPs
5.3.2024
Several applications have been submitted for Ethereum exchange-traded funds with the U.S. Securities Exchange Commission (SEC) and the decision for approving or denying the products has been pushed back which is in line with analyst expectations.
The post ETH ETFs “Inevitable” in...
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
Latam Insights: El Salvador Won’t Sell Its Bitcoin, Bitcoin Spot ETFs Land In Brazil and Peru
4.3.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Bukele states El Salvador will not sell its bitcoin, Bitcoin ETFs land in Brazil and Peru, and Argentine President Javier Milei aims to criminalize...
Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC
2.3.2024
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However,...
Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC
1.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its trading volume and inflow records this week. The fund’s...
Study: Institutions More Bullish on Ethereum in H2 of 2023 — BTC and ETH Holdings Surge to 80%
1.3.2024
Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions appeared to be more bullish on ethereum than bitcoin,...
Traditional Banking Titans Bank of America and Wells Fargo Look to Offer Bitcoin ETF Access
1.3.2024
Traditional banking giants Bank of America and Wells Fargo are offering eligible wealth management clients access to spot Bitcoin exchange-traded funds (ETFs).
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Bitcoin Price Prediction: Surge to $61,600 Amid ETF Launches, Is $70,000 Next?
1.3.2024
As Bitcoin ETFs launch, sparking a surge to $61,600, the crypto world buzzes. Could this be Bitcoin's leap towards a $70,000 target?
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Vanguard CEO Tim Buckley to Retire by End of Year
1.3.2024
Asset management firm Vanguard CEO Tim Buckley is retiring by year-end 2024 after leading the firm for six years, and a total of 33 years working at the firm.
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