Tag Archives: bitcoin etf

CoinspeakerSEC Unlikely to Approve Ether ETF Applications, VanEck CEO Anticipates Rejection Despite­ approving spot Bitcoin ETFs in January, the SEC approaches Ethe­r cautiously. SEC Unlikely to Approve Ether ETF Applications, VanEck CEO Anticipates Rejection

Chinese mainland-based equity funds are reported to have filed applications to introduce spot Bitcoin exchange-traded funds (ETFs) through their Hong Kong subsidiaries. The development comes amid a month-long surge in crypto prices and heightened efforts by Hong Kong to establish itself as a global fintech hub. China Equity Funds Apply for Bitcoin ETFs According to Security Times, a Chinese state-owned newspaper, not all the companies applying have been named. However, it has...

CoinspeakerCrypto Inflows Slips to $646M as Bitcoin ETF Hype Takes Breather The dwindling interest in spot Bitcoin ETF may have been caused by a drop in BTC price from its ATH of $73,750 to $67,000. Crypto Inflows Slips to $646M as Bitcoin ETF Hype Takes Breather

The first quarter of 2024 turned out to be Bitcoin’s (BTC) third-best in the past three years, according to a report from crypto data analytics platform Kaiko. It revealed that the leading digital asset recorded over $1.4 trillion in trading volumes between January and March 2024. A Surge in Bitcoin Trading Volume Q1 2024 was Bitcoin’s best quarter in a year as the network witnessed a surge in trading volume. The $1.4 trillion traded in the quarter was the largest cumulative...

The Purpose Bitcoin ETF (BTCC) – the world’s first Bitcoin exchange-traded fund – has struggled to compete with its U.S. counterparts since its January debut. The Canadian fund has lost 20% of its Bitcoin (BTC) under management over the past three months, despite rising demand and record-high prices for the asset during that time. Purpose Is Losing Bitcoin According to Purpose Investments’ website, the company held 27,871 BTC, worth $2.56 billion CAD ($1.89 billion USD) as of...

CoinspeakerBlackRock Adds Goldman Sachs, Citigroup, Others, to Spot Bitcoin ETF Authorized Participants BlackRock is set to pump liquidity of its IBIT ETF by adding multiple Authorized Participants, with a new total of nine. BlackRock Adds Goldman Sachs, Citigroup, Others, to Spot Bitcoin ETF Authorized Participants

CoinspeakerAustralian Asset Manager Monochrome Gears to Launch Spot Bitcoin ETFs by July The Australian Securities Exchange (ASX) has already granted approval to Monochrome thereby expecting the Cboe to clear the application by June.  Australian Asset Manager Monochrome Gears to Launch Spot Bitcoin ETFs by July

Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of $931 million. Despite this encouraging rebound, CoinShares revealed that ETF activity appears to be slowing down. In fact, the latest data shows that the daily trading turnover now stands at $5.4 billion, representing a 36% decline from its peak three weeks ago. However,...

CoinspeakerCrypto Market Poised for Positive Second Quarter despite Recent Corrections, Coinbase Reports A recent research conducted by Coinbase said the market is poised for a positive second quarter despite the recent corrections that saw Bitcoin retrace to $65,000 on April 2, 2024.  Crypto Market Poised for Positive Second Quarter despite Recent Corrections, Coinbase Reports

CoinspeakerDigital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows. Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down