[unable to retrieve full-text content]CoinspeakerHong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases This new software, FinTax, will make tax calculations for crypto assets easy. Hong Kong Welcomes FinTax to Simplify Tax Reporting as Crypto Adoption Increases
Read More »These Traditional Finance Giants Bought Bitcoin ETFs Last Quarter
Bitcoin keeps touching new levels of adoption in the real world, with traditional finance (TradFi) firms embracing the digital asset at a remarkable pace. The significant investment in spot Bitcoin exchange-traded funds (ETFs) signifies growing institutional interest in crypto assets. Last quarter, a staggering number of U.S. banks, investment managers, hedge funds, and professional firms bought spot Bitcoin ETFs, as seen in their 13F filings with the Securities and Exchange...
Read More »Spot Bitcoin ETFs Saw 4th Consecutive Day of Inflows, Totaling $257M Yesterday
[unable to retrieve full-text content]CoinspeakerSpot Bitcoin ETFs Saw 4th Consecutive Day of Inflows, Totaling $257M Yesterday Grayscale's Bitcoin Investment Trust (GBTC) witnessed the first net inflow of $4.64 million since its conversion in January after it had experienced huge net outflows. Spot Bitcoin ETFs Saw 4th Consecutive Day of Inflows, Totaling $257M Yesterday
Read More »Ethereum Products Bleed Funds Amidst Regulators’ Silence on ETF Application
Digital assets investments said the first inflow in five weeks with $130 million of net gains over the past week. Interestingly, the lack of action from US regulators regarding spot Ethereum ETF applications has sparked speculation that approval won’t happen soon, and this has resulted in significant outflows for Ethereum in the same timeframe. Investors Brace for Delay in Spot Ethereum ETF Approval CoinShares’ latest edition of Digital Asset Fund Flows Weekly Report revealed...
Read More »Bracebridge Capital Becomes Largest Spot Bitcoin ETF Holder
Bracebridge Capital, a hedge fund that manages the finances of institutions like Yale University and Princeton University, has emerged as the largest holder of various spot Bitcoin exchange-traded funds (ETFs), according to a recent 13F filing with the Securities and Exchange Commission. The Boston-based firm disclosed its ownership of shares in Ark Invest, BlackRock, and Grayscale U.S. spot Bitcoin ETFs. Hedge Fund’s $434 Million Crypto Holdings The breakdown of Bracebridge...
Read More »Crypto Investment Products Record Highest Inflows in 5 Weeks
[unable to retrieve full-text content]CoinspeakerCrypto Investment Products Record Highest Inflows in 5 Weeks The United States recorded the highest crypto investment inflows, totaling $135 million. Crypto Investment Products Record Highest Inflows in 5 Weeks
Read More »Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation
[unable to retrieve full-text content]CoinspeakerBitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation This current drop in the Bitcoin Kimchi Premium comes as trading volumes on South Korea’s top five crypto exchanges plummet. Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation
Read More »Second Daily Outflows Witnessed by Hong Kong’s Bitcoin Spot ETFs since Launch
[unable to retrieve full-text content]CoinspeakerSecond Daily Outflows Witnessed by Hong Kong’s Bitcoin Spot ETFs since Launch In a similar manner to the Hong Kong spot Bitcoin ETFs, their US counterparts also experienced a net outflow of $11.29 million on Thursday. Second Daily Outflows Witnessed by Hong Kong’s Bitcoin Spot ETFs since Launch
Read More »ESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion
[unable to retrieve full-text content]CoinspeakerESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion ESMA wants feedback by August 7, 2024, about whether UCITS can include assets other than traditional stocks and bonds. ESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion
Read More »JPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs
[unable to retrieve full-text content]CoinspeakerJPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs The JPMorgan analysts believe the US SEC will establish a middle ground between security and commodity for Ethereum, thus leading to imminent approval of spot ETFs. JPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs
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