Tag Archives: bitcoin etf

CoinspeakerSouth Korea’s Newly Elected Party to Fulfill Election Promise with Bitcoin ETF Review Request During the campaign, the Democratic Party of Korea promised to allow trading and listing of spot ETFs in the country to entice young voters to participate in the election. South Korea’s Newly Elected Party to Fulfill Election Promise with Bitcoin ETF Review Request

CoinspeakerGrayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow The rece­nt influx of $63 million offers a glimmer of hope­ for the Grayscale Bitcoin Trust. This positive trend coincides with a broade­r upswing in the cryptocurrency market. Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow

Analysts at investment research firm Bernstein have reaffirmed their prediction that bitcoin (BTC) would hit $150,000 in this bull cycle despite the asset’s retracement in recent weeks. According to a recent report, Bernstein analysts Gautam Chhugani and Mahika Sapra said Bitcoin metrics show the network is in a healthy cycle still in its early stages. Notwithstanding the latest dip, the leading cryptocurrency is far from done. Bernstein Reiterates BTC $150K Prediction...

CoinspeakerBitcoin Price Rebounds Above $65k Amid Heightened Greed The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others. Bitcoin Price Rebounds Above $65k Amid Heightened Greed

CoinspeakerBitcoin Price: Bernstein Analysts Reiterate Their $150K Bet It's been two weeks since the halving and the price of Bitcoin has not seen a sizable jump. Rather, the coin has seen significant bearish fluctuations, going below $60,000. Bitcoin Price: Bernstein Analysts Reiterate Their $150K Bet

Coinbase, the largest U.S. crypto exchange, has released its Q1 2024 earnings report, posting a total revenue of $1.6 billion, a 72% increase quarter on quarter. The performance has been driven by the rising crypto asset prices and the launch of spot Bitcoin ETFs in the U.S. which further improved inflows into the market. Coinbase Earnings Surged in Q1 Coinbase’s net income reached $1.18 billion, $4.40 per share, translating to $1 billion in adjusted EBITDA in Q1....

CoinspeakerSpot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak Bitcoin ETFs in the US saw $34.4 million net outflow on May 2nd, a significant drop from the previous day's record $563.7 million. Interestingly, BlackRock and Fidelity's Bitcoin ETFs, ranking 2nd and 3rd in terms of total net assets, saw zero net flows on Thursday Spot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak

CoinspeakerEuropean Banking Giant BNP Paribas Reports Exposure to Bitcoin ETF BNP Paribas, the second-largest European bank, holds a modest amount of spot Bitcoin ETFs. According to a 13F filing submitted by the company, the bank acquired 1,030 units of BlackRock's iShares Bitcoin Trust (IBIT), representing an investment of approximately $41,684. European Banking Giant BNP Paribas Reports Exposure to Bitcoin ETF

CoinspeakerSpot Bitcoin ETFs See Largest Daily Net Outflows on May 1 The total April net outflows of $343.5 million has successfully broken the three months of consecutive inflow streak for the spot Bitcoin ETFs. Spot Bitcoin ETFs See Largest Daily Net Outflows on May 1

CoinspeakerCrypto Liquidations Nears $360M as Bitcoin (BTC) Price Continues to Plunge In addition to the decreased demand for Bitcoin ETFs, analysts also pointed to a slowdown in Bitcoin demand among institutional investors as a contributing factor to the market downturn. Crypto Liquidations Nears $360M as Bitcoin (BTC) Price Continues to Plunge