Tag Archives: bitcoin etf

CoinspeakerBlackRock’s BTC ETF Outpaces Grayscale’s GBTC on This Front Fidelity’s Wise Bitcoin Fund (FBTC) and BlackRock’s IBIT have posted $6 billion in cumulative inflows in the past three weeks. BlackRock’s BTC ETF Outpaces Grayscale’s GBTC on This Front

CoinspeakerSpot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance Spot BTC ETFs enjoy bullish momentum based on consecutive cumulative net inflows despite BTC's short-term pullback after the US Fed’s rate decision. Spot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance

CoinspeakerBlackRock Proposes Bitcoin ETF Ads on Former Banks Ads for BlackRock’s Bitcoin ETF will be projected onto closed bank buildings, as per a new filing. The ads will show major milestones in the financial world, including the creation of Bitcoin. BlackRock Proposes Bitcoin ETF Ads on Former Banks

As stated in an SEC filing on Tuesday, the ETF provider Global X has withdrawn its application for a spot in Bitcoin ETF. The CBOE BZX Exchange submitted a notice of withdrawal for the Global X Bitcoin Trust on January 26, roughly two weeks after the SEC approved 11 other spot Bitcoin ETFs. Global X Withdraws Application The Global X Bitcoin Trust’s initial application was submitted in August 2023, and despite two extensions for consideration in September and November, the...

CoinspeakerUS Bitcoin ETFs Attract $255 Million in Investments While Grayscale's GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day. US Bitcoin ETFs Attract $255 Million in Investments

CoinspeakerInvesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then. Invesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors

The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest entity to apply for a spot Bitcoin exchange-traded fund (ETF) with local regulators. This move aligns with Hong Kong’s preparations for its first wave of spot crypto  ETFs. First Spot Bitcoin ETF in Hong Kong According to the Tencent report, Harvest aims to launch the city’s first spot Bitcoin ETF after the Lunar...

CoinspeakerVanguard Calls BTC Immature Asset Class While Rejecting Bitcoin ETFs Vanguard executives said that the company usually focuses on long-term stability instead of short-term trends as the reason behind rejecting the Bitcoin ETF offering. Vanguard Calls BTC Immature Asset Class While Rejecting Bitcoin ETFs

According to CC15Capital, which has been trading spot ETF Bitcoin holdings, around 134,000 BTC has been bought by the nine newly launched funds since Jan. 11. Meanwhile, Bitcoin’s price is pushing above $42K. This stash is currently valued at around $5.6 billion. However, the figure does not include outflows from Grayscale. GBTC holders have been dumping shares and rebalancing their portfolios to funds that have lower fees and better yields, adding selling pressure to spot...

Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant Institutional Insights weekly crypto report, short-term holders’ profit margins have approached zero, and this has caused ease in selling pressure. However, the leading digital asset is yet to call a price bottom. BTC Falls Below $40K Earlier this week, BTC fell...