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Tag Archives: bitcoin etf

Here’s How Much Outflows the Spot Bitcoin ETFs Saw Last Week as BTC Drops 3%

Most US-based spot Bitcoin ETFs have started to see substantial withdrawals and the total amount has shot up to more than $500 million in the past week alone, even though it was just a four-day trading week. These developments have undoubtedly harmed BTC’s price movements, which have been closely related to the ETF flows. Spot ETF Outflows Skyrocket Ever since mid-January, when the US SEC reluctantly approved nearly a dozen spot Bitcoin ETFs, these financial vehicles have...

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Hashdex Files For Dual Bitcoin And Ethereum Spot ETF

Crypto asset management firm Hashdex is applying to launch an ETF backed by both spot Bitcoin and spot Ethereum holdings – the two largest cryptocurrencies by market cap. The Hashdex Crypto Index US ETF Analysts discovered the product in a form 19b-4 from the Nasdaq stock exchange on Tuesday, requesting permission from the Securities and Exchange Commission (SEC) to list shares of the Hashdex Nasdaq Crypto Index US ETF. “The assets of the Trust will consist of bitcoin and...

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Financial Advisors Wary of Investing in Spot Bitcoin ETFs, BlackRock Exec Says

BlackRock’s chief investment officer for index investments, Samara Cohen, recently implied that amidst the recent success of spot Bitcoin exchange-traded funds, financial investors still exercise some degree of caution when investing. The volatility and infancy of Bitcoin and related exchange-traded funds are the primary drivers behind this investment class’s slow adoption. Financial Advisors Are Cautious Since their debut in January 2024, spot Bitcoin ETFs have attracted...

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Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions

CoinspeakerBinance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions Through the partnership between BounceBit and Free Tech, users can seamlessly swap BBTC and BBUSD with over 50 top blockchains. Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions

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First Time Ever: Fidelity’s FBTC Beats Grayscale’s GBTC in This Negative Trend

Ever since mid-January, when the 11 spot Bitcoin ETFs saw the light of day, Grayscale’s converted GBTC has been at the forefront of outflows. This eventually resulted in losing its crown as the world’s largest exchange-traded fund tracking the performance of BTC. In the last two trading days of this week, though, the tides changed, and this negative award went to Fidelity’s FBTC. Data from FarSide shows the overall outflows for the week, in which four out of the five trading...

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NFTrust Marktkommentar: Bitcoin-ETFs – Strohfeuer statt Kursfeuerwerk

Die im Januar in den USA zugelassenen Bitcoin-ETFs und das im April stattgefundene Bitcoin-Halving haben den Kurs der Kryptowährung zwar beeinflusst, aber kein Erdbeben ausgelöst – wie aus Sicht von Karl Gero Wendeborn, CEO von NFTrust, zu erwarten war. In seinem aktuellen Marktkommentar erklärt er, warum kurzfristige Bitcoin-Investoren vorsichtig sein sollten, und wie sogenannte Soulbound Tokens als Weiterentwicklung von NFTs digitale Identitätsnachweise revolutionären können. Viel Lärm um...

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