Tag Archives: bitcoin etf

CoinspeakerArizona Takes Steps towards Integrating Bitcoin ETFs into State Pension Funds The concept of adding crypto to retirement and pension plans is not entirely new. Some retirement funds have already started investing in digital assets. Arizona Takes Steps towards Integrating Bitcoin ETFs into State Pension Funds

CoinspeakerBitcoin Price Surpasses Its 2021 All-time High, Reaching Peak of $69,170 Bitcoin hits a new all-time high of $69,170 driven by US regulators' approval of ETFs and rising investor confidence. Analysts weigh in on Bitcoin's future amidst market euphoria. Bitcoin Price Surpasses Its 2021 All-time High, Reaching Peak of $69,170

CoinspeakerFidelity’s Bitcoin ETF Achieves Record $405 Million Inflow The influx of investments into Bitcoin ETFs, culminating in a total of $563 million on March 4, signifies a robust institutional endorsement of cryptocurrency. Fidelity’s Bitcoin ETF Achieves Record $405 Million Inflow

CoinspeakerVanEck Europe Eyes Major Income from Crypto VanEck Europe’s CEO has said that the company plans to have half of its income coming from cryptocurrency. VanEck Europe Eyes Major Income from Crypto

CoinspeakerGrayscale’s BTC Holdings Drop by 33% since GBTC ETF Conversion Before the conversion on January 11, GBTC held 624.28K BTC but this amount has since dropped to 434.36K BTC as of March 4. Grayscale’s BTC Holdings Drop by 33% since GBTC ETF Conversion

The ongoing rally is challenging market expectations regarding the impact of spot Bitcoin ETF inflows, which were speculated to propel the leading asset to break all-time highs by the end of March. With Bitcoin exceeding $59,000 on Wednesday, marking a gain of over 5%, indications suggest that a new peak may materialize sooner than anticipated. Funding Rate Fears vs. Spot ETF Strength The rally is primarily driven by demand, evidenced by spot ETF volumes surpassing $3.2...

CSOP Asset Management, a capital market firm in Hong Kong, disclosed in an interview with Reuters that its exchange-traded product, the CSOP Bitcoin Futures ETF (3066.HK), has witnessed a surge in assets under management (AUM) over the past five months. The ETF’s Assets Under Management (AUM) has soared five-fold to over $100 million. Rising Trading Volumes and AUM Regarding trading volumes, the CSOP Bitcoin Futures ETF has increased in average daily turnover, reaching $2.8...

Coinbase has had a great run recently, topped off with a great Q4 2023 roundup in which the platform announced that it had beaten analyst predictions and was well on track to recovery from crypto winter. However, a technical glitch – which was reportedly caused by high traffic – recently struck the exchange, causing the site to display some users’ balances as zero. Speedy Recovery The platform has since recovered from the glitch, and Coinbase CEO Brian Armstrong hopped on X...

BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10 billion mark. Spot Bitcoin ETF Performance Nate Geraci, president of the ETF store, provided context for IBIT’s achievement, highlighting that only a fraction of ETFs globally have surpassed the $10 billion AUM mark, with the...

CoinspeakerBitcoin Closes February Up 44%, Analysts Predict Further Rally A report by JPMorgan forecasts a potential correction in BTC price to as low as $42,000 following the April halving when miner rewards will be halved for the fourth time in Bitcoin's history.  Bitcoin Closes February Up 44%, Analysts Predict Further Rally