Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States surpassed $5 billion in daily trading volume on August 5. This marks the first time since mid-April that such a high volume has been reached. BlackRock’s IBIT Leads with Nearly $3 Billion According to DefiLlama data, BlackRock’s IBIT ETF was a major contributor to this volume, generating nearly $3 billion in trades. The fund also saw an increase in its assets under management by $172 million, reflecting...
Read More »CoinShares Reports £22.5M Revenue in Q2 2024, Up 110% YoY Fueled by Notable Crypto Rise
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Read More »Crypto Investment Products Sees $528M in Outflows Last Week
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Read More »Here’s When Morgan Stanley’s Wealthy Clients Will Have Access to Bitcoin ETFs: Report
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...
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