Bitcoin continues to grab the world’s attention and increase its adoption levels, especially through the exchange-traded funds tracking its performance. In the latest major news on the ETF frontline, Morgan Stanley reportedly informed its financial advisors that they will be able to offer two Bitcoin ETFs to wealthy clients. Recall that the US Securities and Exchange Commission greenlighted 11 spot Bitcoin ETFs at the start of the year. Since then, the products have...
Read More »Grayscale Bitcoin Mini ETF Overtakes BlackRock’s IBIT with $191 Million Inflows
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Read More »Cathie Wood’s Ark Invest Offloads $2.7M of Coinbase (COIN) Stock
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Read More »Chinese Brokerage Firm Futu Launches Bitcoin and Ethereum Trading in Hong Kong
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Read More »Grayscale Launches Bitcoin Mini Trust, Cheapest in Category
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Read More »Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra-Low’ 0.15% Fee
The crypto investment management company has launched a new product called the Grayscale Bitcoin Mini Trust, which has the ticker $BTC. The new offering, endorsed as a spin-off of Grayscale’s Bitcoin exchange-traded fund (ETF) GBTC, has a competitive, “ultra-low” fee of 0.15%. Grayscale’s New Spin-Off Fund Months ago, Grayscale filed for the Mini Trust fund with the United States Securities and Exchange Commission (SEC). The firm describes this spin-off product as a new fund...
Read More »Beware of Scams: BlackRock Confirms No Social Media Investment Solicitations
American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or investment opportunities. BlackRock Cautions Investors In its official...
Read More »Record $39.4B in Bitcoin Open Interest Sparks Speculation of Imminent Price Move
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Read More »Spot ETF Inflows to Have Weaker Effect on Ether Than Bitcoin – CryptoQuant
The first wave of spot Ethereum exchange-traded funds (ETFs) in the United States debuted on July 23, with inflows running above $100 million. While the positive flows signal a strong start for the funds, ether (ETH) may not witness the parabolic uptrend bitcoin (BTC) saw after asset managers launched its ETFs earlier this year. In CryptoQuant’s latest weekly crypto report, on-chain experts explained that new money flows into digital asset products like ETFs would have a...
Read More »Ethereum ETFs Are Not Like Bitcoin ETFs (So Far)
A few months after the SEC gave the initial green light, the spot Ethereum ETFs officially hit the ground last Tuesday. However, the immediate results have been quite underwhelming, and one can’t help but compare them to the spot Bitcoin ETF launch in January this year. ETH ETFs Vs. BTC ETFs CryptoPotato reported earlier this week that the nine spot Ethereum ETFs had a solid first day, gathering more than $106 million in net flows. As expected, the converted Grayscale fund...
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