CoinspeakerBernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios. Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
Read More »Feeling Bearish? Here Are Three Bullish Developments for Bitcoin’s Future
Bitcoin’s fourth halving is already in the history books, and the block rewards have been reduced to 3.125 BTC. Although historically the event has been named the catalyst of a new bull cycle, there’s a lot of controversy now, with many claiming that the effects of this halving are declining. Aside from that, though, there are many other bullish developments on the Bitcoin front that might get you excited in the coming months. If you’re still feeling bearish, you need to...
Read More »Bitcoin Cannot Grow Without the Spot Bitcoin ETFs: Report
Spot Bitcoin ETFs have been a major catalyst in driving BTC to establish an all-time high months before its fourth halving. According to a new report by Ecoinometrics, Bitcoin cannot grow further without those products. These funds appear to have “stopped accumulating coins” (in aggregate) for more than a month, which can be a cause of concern for the leading asset’s future price trajectory. Bitcoin’s Growth Hinges on ETFs From January to mid-March, spot Bitcoin ETFs managed...
Read More »OSL Strengthens Partnership with Solomon JFZ Ahead of Hong Kong ETF Launch
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
Read More »BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale
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
Read More »KPMG: 39% of Canada’s Institutional Investors Have Exposure to Crypto
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
Read More »Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy
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
Read More »Spot Bitcoin ETFs Rebound with $62.09M Inflow, while GBTC Continues Outflow Trend
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
Read More »Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
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...
Read More »Grayscale’s Mini-Bitcoin ETF to Have Lowest Fees on The Market
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...
Read More »