Just one day after the spot Bitcoin ETFs achieved a notable milestone with a net inflow of $1.05 billion, BlackRock’s IBIT saw inflows exceeding the total outflows of Grayscale’s GBTC for the first time. According to data compiled by SoSo Value, as of March 13th, IBIT’s cumulative inflow amounted to $12.03 billion, whereas GBTC’s cumulative outflows stood at $11.4 billion. BlackRock’s IBIT Inflows Trump GBTC Outflows BlackRock’s spot Bitcoin ETF – iShares Bitcoin Trust (IBIT)...
Read More »Bitcoin’s Bullish Trajectory: Samson Mow’s Bold $1 Million Prediction
CoinspeakerBitcoin’s Bullish Trajectory: Samson Mow’s Bold $1 Million Prediction Mow's optimistic view of Bitcoin's future is based on several factors that are synchronizing with the cryptocurrency industry. Bitcoin’s Bullish Trajectory: Samson Mow’s Bold $1 Million Prediction
Read More »Here’s What Financial Advisors Think of The Bitcoin ETFs, According to Bitwise
Bitwise CIO Matt Hougan is spreading the word about his company’s Bitcoin spot ETF to potential investors, and has discovered how the digital currency is being perceived by finance pros. “I am no longer surprised at the size of the inflows into the Bitcoin ETFs,” Hougan wrote to X on Wednesday, noting high demand among professional investors. “The demand is widespread and strong, and will persist for a while.” What Financial Advisors Think Of Bitcoin Since launching on...
Read More »BlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins
CoinspeakerBlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins As the second largest Bitcoin ETF, BlackRock’s IBIT closes the gap on Grayscale’s GBTC. BlackRock’s Spot BTC ETF Continues Breaking Records, Now Holds Over 200,000 Bitcoins
Read More »Patient Capital Pivots Investment from Grayscale Bitcoin Trust to Bitcoin ETPs
CoinspeakerPatient Capital Pivots Investment from Grayscale Bitcoin Trust to Bitcoin ETPs This strategic pivot by Patient Capital Management indicates a broader investment approach, now including all exchange-traded products (ETPs), moving away from its previous exclusive focus on the Grayscale fund. Patient Capital Pivots Investment from Grayscale Bitcoin Trust to Bitcoin ETPs
Read More »Thai SEC Opens Doors to Private Funds for Spot Bitcoin ETFs, But There’s a Catch
Thailand’s Securities and Exchange Commission (SEC) has changed its regulations, permitting the creation of private funds that invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. However, this opportunity is limited to institutional investors and high-net-worth individuals. SEC Amends Spot Bitcoin ETF Rules SEC Secretary-General Pornanong Budsaratragoon disclosed that the decision was reached during last week’s board meeting. The approval grants...
Read More »Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees
CoinspeakerGrayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees Although Grayscale has not revealed the specific details of the fee structure for the new fund, analysts expect it to be significantly lower than GBTC's current fee. Grayscale Seeks to Stem GBTC Outflows through New Mini Trust with Lower Fees
Read More »How Is This Bitcoin (BTC) Bull Run Different Than All Previous Ones? (Pre-Halving Analysis)
The current bull run stands apart from its predecessors in several significant ways. Bitcoin has undergone three halving events thus far. The first one was in 2012, followed by another in 2016, with the most recent occurring in 2020. Bitcoin surged to achieve new all-time highs only after each halving. Contrastingly, this time, Bitcoin has already surpassed its previous peak set in 2021. Just last week, Bitcoin soared above $70,000, which is notable considering the upcoming...
Read More »Thailand SEC Approves Crypto ETF Investments amid Bitcoin Boom
CoinspeakerThailand SEC Approves Crypto ETF Investments amid Bitcoin Boom The Thailand SEC's decision to embrace the crypto ETFs comes at the right time as Bitcoin price hits a new all-time high of $72,850, making it a good opportunity for Thai investors. Thailand SEC Approves Crypto ETF Investments amid Bitcoin Boom
Read More »US Spot Bitcoin ETFs Coming to India From Crypto Investment Platform: Report
Mudrex, an Indian cryptocurrency investment platform, intends to introduce U.S. spot Bitcoin exchange-traded funds (ETFs) to target both institutional and retail investors within India, according to CEO and co-founder Edul Patel. The move comes amid India’s latest government action to tighten offshore crypto exchanges regulation. Mudrex to Offer Four Spot Bitcoin ETFs In an interview with CoinDesk, Patel emphasized the value of spot Bitcoin ETFs for institutional investors,...
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