Tag Archives: bitcoin etf

Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term...

CoinspeakerBehind Bitcoin Halving 2024: Insights, Trends, and Speculations According to the research, BTC price exhibited a huge spike both before and after the last halving event. Behind Bitcoin Halving 2024: Insights, Trends, and Speculations

Analysts at the Bitfinex crypto exchange say that alternative cryptocurrencies (altcoins) have remained resilient amid Bitcoin’s (BTC) approximately 12.5% correction in the past week. According to the latest Bitfinex Alpha report, the altcoin market’s resilience is demonstrated in the Total3 index, which reached a new cycle-high market capitalization of $788 billion on March 14. Although the index has fallen by 14% due to the broader market correction, its plunge is less than...

Grayscale CEO Michael Sonnhenshein has promised to lower the management fee of the company’s spot Bitcoin ETF, whose above-average cost has led to overwhelming outflows in recent months. In an interview with CNBC on Monday, the executive promised that the fee will drop over time as the crypto ETF market matures. “I’ll happily confirm that, over time, as this market matures, the fees on GBTC will come down,” he said. Upon converting into an ETF on January 11, the fund dropped...

CoinspeakerBitcoin Sudden Decline to Below $63K and Its Market-Wide Impact The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF. Bitcoin Sudden Decline to Below $63K and Its Market-Wide Impact

CoinspeakerGrayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows Grayscale's Sonnenshein justified high fees due to GBTC's liquidity and track record. He explained that other ETFs may offer lower fees because they lack a proven track record, and issuers are enticing investors with fee incentives. Grayscale Announces Plan to Drop Fee on Its GBTC Bitcoin ETF amid Massive Outflows

Asset management company 7RCC Global is gearing up for the launch of its environmentally conscious spot Bitcoin ETF in the United States amidst fierce competition for investment products that facilitate access to БТЦ’с price movements. Despite not being included in the initial wave of launches, the entities backing the proposal are proceeding with their plans. 7RCC Pushes Forward with Spot Bitcoin ETF Plans The New York Stock Exchange submitted a 19b-4 form on March 12th for...

Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of senators Jack Reed and Laphonza Butler and defends the necessity of expanding the ETF market to include assets beyond...

CoinspeakerJPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade. JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype

CoinspeakerUS Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.  US Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns