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Hong Kong Approves First Spot Bitcoin and Ethereum ETFs


The Hong Kong Securities and Futures Commission (SFC) has given the green light to several spot bitcoin and ethereum exchange-traded funds (ETFs), a move that signals substantial progress in the region’s crypto market, with approvals awarded to China Asset Management, Bosera Capital,...

Robert Kiyosaki Explains Why He Won’t Buy Bitcoin ETF


Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week...

Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease


Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind...

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline


U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...

Is The Bitcoin Bull Run Losing Steam? Indicator Signals Potential Slowdown


Bitcoin's on-chain momentum may be showing signs of a potential slowdown with the Value Days Destroyed (VDD) Multiple indicator surging above 4.0, leading to speculation among crypto traders about the end of the current bull run. The post Is The Bitcoin Bull Run Losing Steam? Indicator Signals...

Hong Kong Likely to Approve Spot Bitcoin ETFs Next Week: Reuters


Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people familiar with the matter

VanEck CEO Says SEC Unlikely to Approve Spot Ether ETFs in May


VanEck CEO Jan van Eck has expressed doubt regarding the approval of spot Ether ETFs by the United States Securities and Exchange Commission in May.  The post VanEck CEO Says SEC Unlikely to Approve Spot Ether ETFs in May appeared first on Cryptonews

Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15


Hong Kong’s securities regulator aims to approve the first batch of Spot Bitcoin ETFs on April 15. However, their availability is expected to commence roughly two weeks after approval. The post Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15 appeared first on Cryptonews

Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May


The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s CEO. His firm is one of the applicants seeking approval for a spot ether ETF....

Ark Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000


According to onchain metrics, Ark Invest’s holdings in its spot bitcoin exchange-traded fund (ETF) include several inscriptions, among them an Ordinal inscription from the “Bitcoin Puppet” digital collectible series, valued at $27,900. Similarly, Blackrock’s IBIT...

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