Tag Archives: bitcoin etf

In 2024, the United States Securities and Exchange (SEC) made the historic decision to approve the trading of spot Bitcoin exchange-traded funds (ETFs). This opened a new chapter in the cryptocurrency industry, further legitimizing BTC as an investment option that regulators deem worthy of regular investors’ access. However, there are multiple intricacies associated with buying and selling spot BTC ETFs, so we’ve prepared the ultimate guide to which ones are the best, their...

Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or “whales” holding over 1,000 BTC has been a notable trend since mid-March. According to IntoTheBlock’s tweet, addresses with over 1,000 BTC now collectively own...

CoinspeakerAustralia to Debut First Spot Bitcoin ETF on June 4 Monochrome emphasized that IBTC will be the first and only ETF in Australia to hold Bitcoin (BTC) directly.  Australia to Debut First Spot Bitcoin ETF on June 4

European Bitcoin exchange-traded products are losing big this year after competition ramped up overseas in the form of United States-based competitors. Data from Morningstar shows that European Bitcoin funds have suffered over $500 million in net outflows since January, despite the rising demand for Bitcoin itself during that time. Why Are Europe’s Bitcoin ETFs Losing Customers? During that same period, ETPs for other cryptocurrencies, such as Ether, absorbed $42 million...

Last week was memorable for the crypto community. Over four months after it approved similar products for Bitcoin, the United States Securities and Exchange Commission (SEC) gave a green signal to the first wave of spot Ethereum exchange-traded funds (ETFs). According to the latest Bitfinex Alpha report, the crypto market’s reaction to the event was akin to a rollercoaster due to the incidents surrounding the approval. Both bitcoin (BTC) and ether (ETH) experienced...

Bitcoin and Ethereum have managed to pull crowds with stunning rallies this year. With the approval of their respective spot ETFs, the world’s largest cryptocurrencies are expected to attract billions. As such, popular analyst Lark Davis has made bold predictions for the top assets. Bold Predictions For Bitcoin and Ethereum In a recent tweet, Davis predicted that Bitcoin will soar to $150,000 and Ethereum will reach $15,000, driven by market dynamics. He points to the inflows...

Spot Bitcoin ETFs had some hard times at the end of April and especially on May 1, but the trend has changed now with 10 consecutive days of positive flows. This comes as BTC’s price went on a rollercoaster propelled by the news surrounding the Ethereum ETFs, but the asset now heads toward $69,000. The cryptocurrency industry saw a massive milestone in January when the US Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs after a decade...

Bitcoin has climbed above $71,000 this week, breaking out of the tight trading range it had been confined to for several weeks. One of the main catalysts for this price action is the strong demand through ETFs, with net inflows of approximately $1.2 billion over the last week. Going forward, several key factors suggest a new wave of demand could be building for Bitcoin. New Wave of Demand for Bitcoin As noted by CryptoQuant’s latest analysis, over the past week alone, these...

Bitwise executives have secret information about massive financial players who are investing in BTC – but they won’t specify which ones. During an interview published on Tuesday, Bitwise CEO Hunter Horsley discussed how institutional and regulatory acceptance of Bitcoin as an investable asset is evolving faster behind the scenes than most realize. The Secret Bitcoin Buyers For one, Horsley confirmed what he’d hinted at in a previous tweet: that a certain nation’s sovereign...

CoinspeakerUS Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows Despite this positive trend, overall flows for these ETFs remain below their March peak. US Spot Bitcoin ETFs Surge with Sixth Consecutive Day of Net Inflows