#bitcoin-etfs

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coinbase
ReadWrite
1 day ago
Cryptocurrency

Coinbase profits soar over $1 billion from a year amid Bitcoin ETF boom

Coinbase reported a $1.2 billion profit following a surge in cryptocurrency trading volumes due to the launch of Bitcoin ETFs. [ more ]
Coindesk
1 month ago
Cryptocurrency

Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase

Spot bitcoin ETFs had first net outflows week.
Selling pressure from Genesis Global's bankruptcy estate. [ more ]
Coindesk
1 month ago
Cryptocurrency

Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities

Spot bitcoin ETFs could see $220B inflows over 3 years
JMP Securities raises Coinbase stock price target to $300 [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

SEC's approval of Bitcoin ETFs represents a crucial validation of Bitcoin's status

SEC approval of Bitcoin ETFs validates Bitcoin as a credible asset.
Bitcoin ETFs increase accessibility and could broaden investor audience for Coinbase. [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

Bitcoin increased by more than 4% since the opening of the New York market

Bitcoin surpasses $50,000 milestone
Coinbase selected as custodian for majority of spot Bitcoin ETFs [ more ]
Coindesk
2 months ago
Cryptocurrency

Bitcoin ETFs Pose Risk for Coinbase Stock, Leverage Shares Says

Coinbase's revenue from bitcoin transactions may decline due to lower fees offered by ETFs.
However, Coinbase can still benefit from fee revenue earned from acting as a custodian for ETFs. [ more ]
morecoinbase
institutional-investors
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
2 days ago
Cryptocurrency

BlackRock: Sovereign Wealth, Pensions Evaluating Bitcoin ETF Allocations

Growing interest in Bitcoin ETFs from institutional players, despite short-term volatility. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
2 days ago
Cryptocurrency

Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings

BNP Paribas purchased exposure to Bitcoin via a spot ETF, indicating growing acceptance among traditional finance players. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 week ago
Cryptocurrency

Pension Consultants are Buying US Spot Bitcoin ETFs: 13F SEC Fillings

Institutional interest in Bitcoin ETFs is growing among major traditional consultants like Global Retirement Partners (GRP). [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

Wall Street Is Buying US Spot Bitcoin ETFs: 13F SEC Fillings

Institutional investors are acquiring shares in newly launched spot bitcoin ETFs as revealed in the latest 13F filings.
Major institutions like Park Avenue Securities, Inscription Capital, American National Bank, and Wedmont Private Capital are investing in spot bitcoin ETFs. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 month ago
Cryptocurrency

Bitcoin ETFs Saw an Impressive $418 Million Rebound After Recent Outflows

Bitcoin spot ETFs experienced $418 million net inflow, signaling renewed institutional investor confidence.
Fidelity's Wise Origin Bitcoin Trust ETF led the surge with $279 million inflow, highlighting the market turnaround. [ more ]
Coindesk
2 months ago
Cryptocurrency

Bitcoin ETFs and Crypto Separately Managed Accounts: What RIAs Need to Know

Spot Bitcoin ETFs offer safe access to cryptocurrency market
Crypto SMAs gaining traction for institutional investors [ more ]
moreinstitutional-investors
Cryptocurrency
ReadWrite
2 days ago
Cryptocurrency

US Bitcoin ETFs see record outflows after Fed announcement

Record outflow of over half a billion dollars from US Bitcoin ETFs following Fed interest rate decision impacting Bitcoin price. [ more ]
London Business News | Londonlovesbusiness.com
2 days ago
Cryptocurrency

Percentage of Bitcoin supply backing ETF surges by 30% in the last 3 months post image

Bitcoin ETFs' Bitcoin supply backing has increased by 30% in the last three months. [ more ]
Coindesk
6 days ago
Cryptocurrency

Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg

Australian Securities Exchange (ASX) expected to approve first spot bitcoin ETFs by end of 2024. [ more ]
Coindesk
1 week ago
Cryptocurrency

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares

ARK Invest sold all BITO shares anticipating spot bitcoin ETF approval.
ARK's ARKW fund no longer holds BITO shares, ARKB now has 10.4% weighting. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 week ago
Cryptocurrency

Morgan Stanley Moving to Start Active Bitcoin ETF Sales: Reports

Morgan Stanley is considering allowing brokers to recommend Bitcoin ETFs to customers, potentially leading to increased capital influx and mainstream adoption. [ more ]
Coindesk
1 week ago
Cryptocurrency

Morgan Stanley May Soon Allow Brokers to Pitch Bitcoin ETFs to Customers: Report

The move by Morgan Stanley to allow its brokers to recommend bitcoin ETFs directly could drive substantial inflows into the funds. [ more ]
moreCryptocurrency
sec
ReadWrite
1 week ago
Cryptocurrency

BlackRock's Bitcoin ETF sees first day without inflows

BlackRock's iShares Bitcoin Trust (IBIT) experienced its first day without inflows since the US Bitcoin ETFs were introduced in January. [ more ]
Coindesk
3 weeks ago
Cryptocurrency

Grayscale CEO Says Bitcoin ETF Outflows Are Reaching Equilibrium: Reuters

Approval of spot bitcoin ETFs in January led to significant outflows from GBTC shares.
GBTC has seen a notable decrease in daily outflows after hitting a peak of $600 million in March. [ more ]
Coindesk
2 months ago
Cryptocurrency

Crypto for Advisors: Impact of the Spot Bitcoin ETFs for Portfolios

The approval of the first spot bitcoin ETFs in the US has led to increased interest and speculation on the implications for the broader asset class.
Bitcoin's price resurgence in 2023 was largely influenced by the anticipation and eventual approval of spot bitcoin ETFs by the SEC. [ more ]
The American Conservative
2 months ago
Cryptocurrency

Is Bitcoin 'America First'?

The SEC has approved Bitcoin ETFs, allowing traditional investors to gain exposure to the cryptocurrency.
Establishment conservatives are excited about the potential for Bitcoin to protect savings and preserve self-sufficiency. [ more ]
ComputerWeekly.com
3 months ago
Privacy professionals

SEC bitcoin hack was result of SIM-swapping | Computer Weekly

The recent cyber attack on the US SEC that resulted in misinformation being posted on its social media channels was a SIM-swapping attack.
The attackers caused significant market fluctuations by falsely announcing the SEC's approval of bitcoin ETFs. [ more ]
Coindesk
3 months ago
Cryptocurrency

Crypto for Advisors: The Regulators are Here

The SEC approved 11 spot bitcoin ETFs, leading to record-breaking Day 1 trades of over $4.6B.
Regulatory scrutiny and enforcement in the crypto industry have increased, leading to the maturation of the industry and more cautious projects. [ more ]
moresec
market-trends
Coindesk
2 weeks ago
Cryptocurrency

Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In

Spot bitcoin ETF flows have slowed after heavy buying, with IBIT being the only one with consecutive positive flows. [ more ]
ReadWrite
1 month ago
Cryptocurrency

Grayscale's Bitcoin ETF sees $359m daily outflow

Significant withdrawals from Grayscale Bitcoin Trust (GBTC)
Speculation of winding down wave of withdrawals [ more ]
www.dw.com
1 month ago
Cryptocurrency

Bitcoin breaks record: Will the crypto rally sustain? DW 03/08/2024

Bitcoin hit a record high of over $69,000 before falling slightly, showcasing a remarkable recovery.
Investor enthusiasm surrounding Bitcoin ETFs has contributed significantly to Bitcoin's resurgence. [ more ]
Coindesk
2 months ago
Cryptocurrency

BlackRock Bitcoin ETF Heads for Second Consecutive Day of Over $1B Volume

BlackRock's IBIT records a second day with over $1 billion trading volume.
U.S.-listed spot bitcoin ETFs saw $520 million in net inflows during bitcoin's rally to $57,000. [ more ]
moremarket-trends
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

Who Will Be The Next Spot Bitcoin ETF Issuer To Support BTC Developers After Bitwise And VanEck?

Only Bitwise and VanEck out of 11 spot Bitcoin ETF issuers pledged to donate to open-source Bitcoin development. [ more ]
Coindesk
3 weeks ago
Cryptocurrency

Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up

Outflows from GBTC are negative despite stable bitcoin price. [ more ]
Coindesk
3 weeks ago
Cryptocurrency

Hong Kong-Listed Bitcoin ETFs Could Unlock Up to $25B in Demand, Crypto Firm Says

Mainland Chinese investors may invest $25 billion in Hong Kong-listed Bitcoin spot ETFs through the Southbound Stock Connect program. [ more ]
ReadWrite
3 weeks ago
Cryptocurrency

GBTC outflows drop significantly as Bitcoin price rebounds

Grayscale Bitcoin Trust (GBTC) outflows decreased significantly coinciding with Bitcoin price rebound post US inflation data. [ more ]
Coindesk
3 weeks ago
Cryptocurrency

Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say

Spot-based bitcoin ETFs driving bitcoin's surge to new highs.
Potential for floodgates opening for Chinese investors into bitcoin as an alternative asset. [ more ]
Coindesk
3 weeks ago
Cryptocurrency

Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst

Stablecoin supply grew by $10 billion in 30 days, surpassing bitcoin ETF inflows, indicating market demand.
Stablecoin issuers are becoming crucial in driving the crypto market higher compared to traditional Bitcoin ETF flows. [ more ]
ReadWrite
1 month ago
Cryptocurrency

Bitcoin Price Prediction - Is The Biggest Crash Of All Time Coming?

Bitcoin's price has risen 163% since October 2023, facing the potential to close seven consecutive green months if exceeding $61,157 in March.
ETFs linked to Bitcoin are experiencing significant outflows, signaling a shift in investor sentiment from record inflows to outflows. [ more ]
Coindesk
2 months ago
Cryptocurrency

Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock

Grayscale's GBTC had significant outflows but offset by inflows in spot bitcoin ETFs.
BlackRock's IBIT surpassed $10 billion assets under management. [ more ]
Coindesk
2 months ago
Cryptocurrency

When Bitcoin ETFs Are Right for Investors (and When They're Not)

Bitcoin ETF approval is a historic moment impacting investor acceptance and access. The 'Newborn Nine' ETFs are now under scrutiny for their performance.
Bitcoin ETFs are a significant step forward for crypto investing but may not suit everyone. They offer familiarity and indirect exposure to bitcoin price appreciation. [ more ]
Coindesk
3 weeks ago
Cryptocurrency

BTC Halving: Sell-The-News or Buy-The-Alt-Rotation

Bitcoin ETFs driving market growth to all-time-highs.
Bitcoin halving event potentially leading to higher prices and historic performance. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

Hong Kong to Approve Asia's First Bitcoin Spot ETFs in April

Hong Kong set to approve Asia's first spot Bitcoin ETFs, boost its position as a Bitcoin hub.
Spot Bitcoin ETFs in Hong Kong offer exposure to actual Bitcoin, not derivatives. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

Skybridge's Anthony Scaramucci Predicts $170,000 Bitcoin Price

Scaramucci predicts Bitcoin hitting $170,000 in this cycle due to institutional adoption.
SEC-approved Bitcoin spot ETFs and Bitcoin halving event could drive significant price increases. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 weeks ago
Cryptocurrency

China's Largest Funds Apply for Spot Bitcoin ETF in Hong Kong

Chinese asset managers utilize Hong Kong subsidiaries for Bitcoin ETFs, signaling institutional interest despite past skepticism.
Approval of Bitcoin ETFs by major funds could legitimize Bitcoin in Chinese regulatory and investment spheres. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 month ago
Cryptocurrency

Report: Morgan Stanley 'Racing' to Offer Bitcoin ETFs to All Clients

Morgan Stanley and UBS aim to offer spot Bitcoin ETFs to all clients, signaling a pivotal moment for institutional Bitcoin adoption.
Approval of Bitcoin ETF trading by major banks like Morgan Stanley and UBS would mark a significant milestone for Bitcoin's mainstream acceptance. [ more ]
ReadWrite
1 month ago
Cryptocurrency

U.S. Government moves $2 billion in seized Bitcoin from Silk Road

U.S. government wallet transfers 30,175 BTC valued at $2 billion.
Bitcoin market impacted by government's Bitcoin movement. [ more ]
Coindesk
1 month ago
Cryptocurrency

Bitcoin ETF Trading Volumes Tripled in March as the Largest Cryptocurrency Hit Record Highs

U.S.-listed bitcoin ETFs had over $110 billion trading volume in March, a significant increase from January and February.
BlackRock's IBIT led the trading volume, with Grayscale's GBTC and Fidelity's FBTC following closely. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 month ago
Cryptocurrency

Bitcoin ETF Demand Surges, Outpacing Supply by 600%

The demand for US spot Bitcoin ETFs has surged, surpassing the new supply by 614%.
Bitcoin halving event will decrease new BTC generation, increasing scarcity and driving price up. [ more ]
ReadWrite
1 month ago
Cryptocurrency

Nasdaq's Bitcoin ETFs break five-day outflow streak with $15.4M boost

Bitcoin ETFs saw $15.4 million inflow after consecutive outflows.
Fidelity's FBTC led with $261.8 million inflow, while Grayscale's GBTC had over $350 million outflow. [ more ]
www.esquire.com
1 month ago
Cryptocurrency

Should You Buy Bitcoin?

Bitcoin ETFs approved by SEC signal increased acceptance, not necessarily approval
Bitcoin's legitimacy as an investment remains tenuous, caution advised for significant portfolio allocation [ more ]
Harvard Business Review
1 month ago
Cryptocurrency

Is Crypto Cleaning Up Its Act?

Maturing crypto-assets markets due to regulation and innovation
SEC approval of Bitcoin ETFs making investment more accessible [ more ]
ReadWrite
1 month ago
Cryptocurrency

Why did the Bitcoin price drop?

Bitcoin price dropped by 9% after reaching record high.
Profit-taking and upcoming halving are contributing to the Bitcoin price drop. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 month ago
Cryptocurrency

Stabilizing Forces: How Bitcoin ETF Inflows Counter Price Volatility

Approval of Bitcoin ETFs by SEC removed institutional investing barrier
Bitcoin ETFs stabilized trading volume and price volatility [ more ]
ReadWrite
1 month ago
Cryptocurrency

Bitcoin ETF daily inflows breaks $1B

Spot Bitcoin ETFs saw record-breaking inflows exceeding $1 billion, with Blackrock's IBIT product leading with $849 million inflow.
Spot Bitcoin ETFs account for over 90% of daily trading volume among Bitcoin-related ETFs, signaling significant market dominance. [ more ]
WIRED
1 month ago
Cryptocurrency

What's Behind the Bitcoin Price Surge? Vibes, Mostly

Bitcoin price surge attracts speculators, demand can vanish suddenly.
Regulators approving bitcoin ETFs contributed to latest price surge. [ more ]
Above the Law
1 month ago
Cryptocurrency

While Bitcoin Keeps Hitting New Record Highs, Its Price Volatility Should Worry Long-Term Investors

Bitcoin hit a new record of over $72,000 amid stock market decline.
Bitcoin's recent price surge can be attributed to factors like ETF approval and increased demand. [ more ]
www.npr.org
2 months ago
Cryptocurrency

Bitcoin hits a record high. Here are 4 things to know about this spectacular rally

Bitcoin reaches record high due to approval of bitcoin ETFs
Bitcoin's rally also driven by optimism in the economy and broader stock market gains [ more ]
Coindesk
2 months ago
Cryptocurrency

What Happens if Bitcoin Reaches an All-Time High?

Spot bitcoin ETFs attracting billions in net inflows from reputable financial institutions like BlackRock and Fidelity.
Crypto lending sector evolving with programs like Securitize's offering over-collateralized loans and tokenized funds. [ more ]
ReadWrite
2 months ago
Cryptocurrency

Bitcoin price: crypto market hits record high, first time since 2021

Bitcoin price surpasses $60,000, hitting record highs globally.
Investors anticipate prolonged bullish period with significant price increases and fluctuations. [ more ]
www.theguardian.com
2 months ago
Cryptocurrency

Bitcoin rises towards record high; SEC investigating if OpenAI investors were misled' business live

Bitcoin approaching all-time high at over $63,000 with gains driven by new Bitcoin ETFs and halving event in April.
Market anticipation of Bitcoin breaking November 2021 record of almost $69,000 fueled by institutional client inflows and strategic purchases like MicroStrategy's. [ more ]
Coindesk
2 months ago
Cryptocurrency

Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform: Sources

Morgan Stanley considering spot Bitcoin ETFs for brokerage platform
Big RIAs and broker-dealers might increase investment in new products [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

When 'Bitcoin rises, everything rises'

Bitcoin dominance in the cryptocurrency market exceeds 52%, influencing the entire ecosystem.
The approval of Bitcoin ETFs by the US SEC in January 2024 has significantly impacted the movement of digital assets. [ more ]
Coindesk
2 months ago
Cryptocurrency

What Spot Bitcoin ETFs in Canada Say About the U.S.

Spot bitcoin ETFs approval by SEC opens doors for American investors.
Canadian investors show strong adoption of spot bitcoin and ether ETFs. [ more ]
Coindesk
2 months ago
Cryptocurrency

Bitcoin ETF High Volume Doesn't Always Mean Heavy Buying: NYDIG

Turnover ratio is a key metric for analyzing funds.
High trading volume doesn't always mean strong investor interest. [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

Bitcoin price expectations amid a state of chaos in the markets

Bitcoin price volatility leading to chaos
Anticipation of significant price movement or collapse
United States leading Bitcoin ETF market share [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
2 months ago
Cryptocurrency

$30 billion RIA Platform Carson Group Approves To Offer Spot Bitcoin ETFs To Clients

Carson Group approved four US-listed spot Bitcoin ETFs.
Selection criteria included asset growth, trading volume, and cost-effectiveness. [ more ]
www.coindesk.com
2 months ago
Cryptocurrency

Bitcoin ETF Net Inflows Slow to a Trickle as Price Flattens

Inflows into Bitcoin ETFs dropped to a two-week low with only 500 BTC on Wednesday.
Heavy outflows from Grayscale's Bitcoin Trust, while BlackRock's IBIT and Fidelity's FBTC added around 3,000 BTC combined. [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

Cryptocurrency market has experienced a notable surge

The importance of judicial approval for Genesis to sell Grayscale Bitcoin Trust shares impacting market dynamics.
Expectations of interest rate cuts and Fear and Greed Index impacting cryptocurrency market sentiment. [ more ]
Coindesk
2 months ago
Cryptocurrency

First Mover Americas: Ether Flirts With $3K

Ether reaches two-year high amidst anticipation of ETF approval
Starknet initiates largest airdrop of the year with 728 million tokens distributed [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

Cryptocurrencies witness an impressive rally in 2024

Bitcoin and other cryptocurrencies have seen a significant rally in 2024.
The SEC's approval of Bitcoin ETFs has boosted investor confidence and contributed to the price surge. [ more ]
Coindesk
2 months ago
Cryptocurrency

Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs

Gold ETFs have seen heavy outflows since the launch of bitcoin ETFs
While money is leaving gold ETFs, it doesn't necessarily mean it is going into bitcoin ETFs. [ more ]
Coindesk
2 months ago
Cryptocurrency

Michael Saylor's MicroStrategy Bitcoin Bet Tops $4B in Profit

MicroStrategy's bitcoin holdings have surpassed $10 billion, with a profit of over $4 billion.
Bitcoin's price rally and the listing of spot bitcoin ETFs have contributed to MicroStrategy's increasing profits. [ more ]
Axios
2 months ago
Cryptocurrency

Bitcoin's market cap breaks $1T, taking overall crypto market to $2T

Bitcoin surpasses $1 trillion in market cap.
Inflows to Bitcoin ETFs are surpassing outflows, with $2.8 billion flowing in since launch. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
2 months ago
Cryptocurrency

Navigating The Now: Events Leading Up To The Bitcoin ETFs

Bitcoin ETFs have garnered significant attention in the finance and investing world, with major institutions joining the trend.
The approval of Bitcoin ETFs by the SEC marks a significant milestone in the journey of Bitcoin from an experimental currency to a formal security backed by major asset managers. [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

Bitcoin market continues to show signs of strength

Bitcoin price shows strength above $48,000
Bitcoin ETFs reach $10 billion in assets under management [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

London's Bitcoin ETF opportunity

The recent approval of Bitcoin ETFs by the SEC is a significant step towards mainstream acceptance of digital currencies.
London has the opportunity to solidify its position as a global hub for digital assets trading. [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

Bitcoin at 46,000 for the first time again since the launch of spot ETFs as sentiment returns

Cryptocurrencies, led by Bitcoin, continue to gain momentum as sentiment gradually returns.
The decline in outflows from the Grayscale Bitcoin Trust (GBTC) and the launch of Bitcoin spot ETFs are contributing to the positive sentiment. [ more ]
Coindesk
2 months ago
Cryptocurrency

Welcome to the 'Bitcoin Era' on Wall Street

Wall Street is exploring ways to gain bitcoin exposure and attract regular investors.
ONEFUND plans to launch bitcoin ETFs that hold both bitcoin and traditional equities to appeal to risk-averse retail investors. [ more ]
Coindesk
2 months ago
Cryptocurrency

Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy

Spot bitcoin ETFs now hold more bitcoin than MicroStrategy, excluding Grayscale's GBTC.
The concentration of coins held by these entities is not seen as a risk to the Bitcoin Network. [ more ]
Coindesk
2 months ago
Cryptocurrency

Crypto Trading Hits Busiest Pace Since June 2022

Spot trading volume increased in January due to bitcoin ETF approval.
Binance's trading volume rose while OKX's decreased in January. [ more ]
Coindesk
2 months ago
Cryptocurrency

Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex

Bitcoin miners are selling their BTC rewards to acquire capital for upgrading machinery and preparing for the upcoming halving event.
Miners have been reducing their reserves since the launch of Bitcoin ETFs, possibly selling off their holdings or leveraging them for capital. [ more ]
Coindesk
2 months ago
Cryptocurrency

WisdomTree Bets on Adviser Adoption For Bitcoin ETF Success

WisdomTree expects its bitcoin ETF to be more successful in the second half of the year thanks to adoption by financial adviser platforms.
The fund has seen strong trading in the past few days and is performing as expected. [ more ]
Coindesk
3 months ago
Cryptocurrency

A Bitcoin ETF Will Never Be Your Bitcoin

Bitcoin ETFs provide exposure to the price of Bitcoin but do not allow investors to truly own the asset.
Bitcoin ETFs reintroduce counterparty risks and rely on outdated financial systems. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 months ago
Cryptocurrency

China Emerging As Surprising Source Of Bitcoin Demand

The Bitcoin ETFs, MicroStrategy, Tether's constant buying, and the halving are major sources of demand for Bitcoin this cycle.
The crash of the Chinese real estate market and stock market is a visible indication of the end of an economic model in China. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 months ago
Cryptocurrency

Google Revises Guidelines To Allow Bitcoin ETFs To Advertise Their Products

Google has revised its advertising guidelines to allow cryptocurrency trusts, like Bitcoin ETFs, to advertise their products.
This move gives Bitcoin ETF issuers a broader reach and exposure, potentially attracting more investors. [ more ]
Coindesk
3 months ago
Cryptocurrency

Crypto Funds Saw $500M in Outflows Last Week as GBTC Bleed Outweighed Rivals' Gains: CoinShares

Outflows from Grayscale's bitcoin ETF (GBTC) continued to be greater than inflows into other funds.
GBTC has seen $5 billion in outflows since January 11, but the pace of sales is slowing. [ more ]
Bitcoinist.com
3 months ago
Cryptocurrency

Google Eyes Bitcoin ETFs - Will Ads Turn Up The Heat On Crypto Starting Today?

Google is set to implement a new advertising policy that will allow cryptocurrency products to be advertised on its search engine.
Bitcoin ETFs are expected to be the main beneficiaries of this policy change, potentially democratizing access to cryptocurrency trading. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum

Approval of spot bitcoin ETFs in the US can create momentum for similar approvals in Asia, even without ideal policies.
Analysts believe Australia will likely be the next country to approve spot bitcoin ETF products. [ more ]
Bitcoinist.com
3 months ago
Cryptocurrency

Google Gives Its Blessing To Spot Bitcoin ETFs With Approval Of Ads - Details | Bitcoinist.com

The introduction of Spot Bitcoin ETFs is driving mainstream adoption of Bitcoin, with Google now allowing advertisements for these products.
Google's decision to allow advertising for Spot Bitcoin ETFs is a welcome development for the crypto community and can further drive crypto adoption in the United States. [ more ]
Coindesk
3 months ago
Cryptocurrency

Why Is Everyone Suddenly Bearish About Bitcoin?

Spot bitcoin ETFs have had a great start despite tanking the price of bitcoin.
The launch of spot bitcoin ETFs may be temporarily cooling bitcoin's jets. [ more ]
Coindesk
3 months ago
Cryptocurrency

Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'

Shares of Coinbase rose after Oppenheimer upgraded the stock to 'outperform' with a price target of $160 per share.
The upgrade is based on factors such as the potential for Coinbase to win its lawsuit against the SEC and the approval of bitcoin ETFs. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 months ago
Cryptocurrency

Bitcoin ETFs: Reshaping Finance And Politics For The 2024 Elections

The approval of Bitcoin ETFs marks a major milestone in the mainstream adoption of digital assets.
The involvement of institutional investors in Bitcoin ETFs brings legitimacy and stability to the cryptocurrency market. [ more ]
Coindesk
3 months ago
Cryptocurrency

Do Bitcoin ETFs Kill the Bull Case for Crypto Equities?

The launch of Bitcoin ETFs has been successful, with nearly $4 billion in assets gathered in the first six days.
Bitcoin and companies tied to the industry experienced a sell-off following the ETF launch, but this period of weakness is expected to be short-lived. [ more ]
Coindesk
3 months ago
Cryptocurrency

Coinbase Falls After JPMorgan Downgrades Stock to Underweight on Disappointing Bitcoin ETF Catalyst

JPMorgan downgrades Coinbase, citing potential disappointment in bitcoin ETFs in 2024
The launch of bitcoin ETFs was expected to bring mainstream money into the crypto space [ more ]
Axios
3 months ago
Cryptocurrency

Bitcoin ETFs have picked up billions

Bitcoin ETFs have seen significant investor flows since their launch last week, with some already competing with broad-market funds in terms of flows.
Nine spot bitcoin ETFs, along with Grayscale's converted trust, received approval from the SEC to list last week. Three of them, including BlackRock's IBIT and Fidelity's FBTC, are in the top 10 in year-to-date flows.
There may be more fund launches on the way, as exchanges have filed to list options on the new bitcoin ETFs and other ETF shops have filed to launch different types of bitcoin ETFs. [ more ]
London Business News | Londonlovesbusiness.com
3 months ago
Cryptocurrency

Newly approved Bitcoin ETFs in the US has big fee advantages over old ones

The SEC has approved 11 'spot' Bitcoin ETFs for trading in the US, allowing these funds to hold actual Bitcoin instead of just Bitcoin futures.
Spot Bitcoin ETFs tend to have lower fees compared to Bitcoin futures ETFs, which can save investors money in yearly fees. [ more ]
Entrepreneur
3 months ago
Cryptocurrency

Kevin O'Leary Slams Spot Bitcoin ETF Fees, Says Not Buying | Entrepreneur

Kevin O'Leary is not interested in bitcoin ETFs due to the fees associated with them.
He believes that only a few of the approved ETF applications will survive, with companies like BlackRock and Fidelity having the best chance. [ more ]
Coindesk
3 months ago
Cryptocurrency

Will the Next Bitcoin Halving Be Another Hype Cycle?

Bitcoin ETFs have seen significant capital inflows, indicating strong customer demand for traditional on-ramps into bitcoin.
The upcoming bitcoin halving could potentially serve as a catalyst for crypto prices, but there is debate on whether these events are already priced in. [ more ]
New York Post
3 months ago
Cryptocurrency

Bitcoin ETFs trading surges despite SEC chair's warning: 'Speculative, volatile asset'

Trading volume on newly approved Bitcoin ETFs surpassed $5 billion in just two days after launch.
SEC Chairman Gary Gensler warns investors about the speculative and illicit nature of cryptocurrencies. [ more ]
WSJ
3 months ago
Cryptocurrency

Grayscale Faces New Risk-Management Challenge With Bitcoin ETF Approval

Grayscale Investments must focus on managing risk and communication with participants after the SEC approval of bitcoin ETFs.
The Grayscale Bitcoin Trust saw $2.3 billion in trading volume on its first day as a spot bitcoin ETF. [ more ]
WSJ
3 months ago
Cryptocurrency

Bitcoin ETFs Are Live. Cue the Fee War.

Asset managers lowered fees on bitcoin ETFs before launch.
Competition for bitcoin fund assets has led to cheaper trading. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin's Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations

The debut of bitcoin ETFs in the U.S. impacted $80 million in bitcoin futures bets.
Bitcoin prices initially rose but then retreated as sellers likely drove volumes. [ more ]
Coindesk
3 months ago
Cryptocurrency

South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law

South Korea's financial regulator, the FSC, has stated that recently-listed U.S. bitcoin ETFs may violate Korean law.
The FSC points out that domestic brokerage of a U.S.-listed bitcoin spot ETF by Korean securities firms could potentially conflict with Korean regulations.
The FSC's notice suggests that further review is pending and that SEC Chair Gary Gensler will meet his Korean counterpart this month in Washington, DC. [ more ]
TechCrunch
3 months ago
Cryptocurrency

US spot bitcoin ETFs begin trading, Circle files for IPO and India continues crypto pullback | TechCrunch

The SEC approved the first spot bitcoin ETF applications for 11 issuers.
Spot bitcoin ETFs brought in around $2 billion in total trading volume on their first day. [ more ]
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