Tag Archives: bitcoin etf

CoinspeakerOSL Strengthens Partnership with Solomon JFZ Ahead of Hong Kong ETF Launch OSL chairman of the board and CEO Patrick Pan said in a statement that the approval of the crypto ETFs in Hong Kong is seen as a “major enhancement” for the country's financial economy. OSL Strengthens Partnership with Solomon JFZ Ahead of Hong Kong ETF Launch

CoinspeakerBNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT. BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale

CoinspeakerKPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto The KPMG report shows that Canadian institutional investors who would hold crypto directly have increased to 75% in 2023, against 29% in 2021. KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto

CoinspeakerWill Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy The debate on whether Ethereum should be classified as a security or not holds significant implications for the potential approval of an Ethereum ETF Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy

CoinspeakerSpot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend In an attempt to reverse its fortunes, Grayscale revealed its plan to launch an innovative low-cost version of its GBTC fund named "Grayscale Bitcoin Mini Trust" with just 0.15% fees. Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend

Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on mining companies because it can affect their profitability and, subsequently, the value of their investments in those firms. The latest halving saw the mining reward slash to 3.125 BTC. If mining becomes less profitable as a...

The world’s largest asset manager is aiming to retain its position as leader of the spot Bitcoin ETF market following a massive exodus of capital from its flagship GBTC product. In order to do this, Grayscale has applied for a smaller Bitcoin ETF with highly competitive fees to compete with its ten rivals. According to its latest filing with the US Securities and Exchange Commission, Grayscale’s new ETF, the Bitcoin Mini Trust, has set fees at just 0.15%. Grayscale Mini-BTC...

Hong Kong authorities have arrested over 70 individuals linked to the HK$1.6 billion JPEX cryptocurrency scandal that shook the city-state. According to the latest report by SCMP, approximately HK$230 million – worth around $29.37 million – in assets has been frozen, as disclosed by Police Commissioner Raymond Siu Chak-yee. Hong Kong Authorities Crack Down on JPEX In an update provided to the legislative body, Siu also revealed that the number of arrests in connection to the...

Hong Kong regulators recently approved spot Bitcoin and Ethereum exchange-traded fund applications, but Bloomberg ETF analyst Eric Balchunas predicts that the local ETF market may not perform as well as the US due to the current lack of big players and the possibility of high fees. According to Balchunas, the Hong Kong Bitcoin and Ether ETF market may generate $500 million in inflows, which is small compared to the over $15 billion from BlackRock’s spot Bitcoin ETF product...

Bitcoin (BTC) could be worth $91,000 at the bottom of the bear market and $650,000 at the top of the bull cycle upon the full deployment of the cryptocurrency’s exchange-traded funds (ETFs) in the coming years. According to a tweet by Bitcoin analyst Willy Woo, the digital asset can achieve these price targets if investors fully deploy Bitcoin ETFs according to the recommendations of asset management firms. Bitcoin’s New Price Targets To substantiate his claim, the Bitcoin...