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,...
Read More »Solana (SOL) Makes a Comeback: $24M Inflows Signal Positive Momentum
Solana has been highly favored among altcoins, yet its reputation took a hit due to significant network outages. Despite the overall market surge and renewed investor confidence in 2024, inflows into digital asset investment products associated with Solana were not substantial. However, there are signs of a gradual shift in this trend as Solana investment products gathered pace once again. Solana Rebounds with $24M Inflows According to CoinShares’s latest edition of the...
Read More »Bitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown
CoinspeakerBitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown The recent surge in Bitcoin price, which saw a 2.6% increase in the past 24 hours, can be attributed to the success of spot Bitcoin ETFs. Bitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown
Read More »Is the Bitcoin Rally Cooling Down in the Short Term? Altcoin Seasons Starts Brewing (Analysis)
On March 8, on-chain analytics provider Santiment reported that despite the incredible milestone for Bitcoin, “there is a combined sense of exhaustion and altcoin distraction coming from the trading community right now.” BTC prices briefly topped $70,000 on Coinbase on Friday marking a new all-time high for the digital asset. However, it sharply retreated from this level for the second time in a week, falling to around $68,000 a few hours later. Bitcoin Fervor Fading? So far,...
Read More »Anthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon
CoinspeakerAnthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon Pompliano noted that Bitcoin price has doubled immediately after breaking the prior all-time high in the past bull cycles. Anthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon
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