DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany
Two firms, DWS and Galaxy Digital, collaborated to offer BTC and ETH investment products on Deutsche Boerse.
The newly listed Xtrackers Galaxy Physical Bitcoin and Ethereum ETCs offer exposure to the largest cryptocurrencies at a competitive fee of 0.35%. [ more ]
Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains
Bitcoin (BTC) surged over $44,000 to reach a four-week high amid increased accumulation by large holders and new all-time highs in U.S. equity indices.
Bitcoin addresses with over 1,000 BTC grew significantly in the past two weeks. [ more ]
Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch
Grayscale's Bitcoin Trust (GBTC) has moved over 19,000 bitcoin from its wallet, bringing the total to nearly 113,000 BTC since the start of spot bitcoin ETFs.
The outflows from the Grayscale wallet may not all be related to redemption, as some of the BTC is being settled from trading activity for the previous day(s). [ more ]
BTC recovered from Wednesday's flash crash as investors anticipate a U.S. spot BTC ETF approval.
A survey found that while only 39% of financial advisors expect a BTC ETF approval this year, 88% would be interested in buying BTC after approval. [ more ]
Crypto market is seeing a resurgence with prices of BTC and ETH rising to levels not seen since 2021.
Current market upswing is different from the pandemic-era bull market with quieter interest but positive indicators like increased retail interest and active users on platforms. [ more ]
Bitcoin ETF Approval Tipped to Be 'Sell The News' Event: CryptoQuant
Bitcoin (BTC) is expected to correct to as low as $32,000 next month following the potential approval of a spot ETF, according to data provider CryptoQuant.
CME-Listed Bitcoin, Ether Futures Flash a Rare Bullish Signal
The gap between prices for BTC and ETH's 'next month' and 'front month' futures reached the highest level since 2021, indicating bullish sentiment in the market.
The contango pattern in the futures market suggests that investors are inclined to go long or take leveraged bullish bets on BTC and ETH.
This rare occurrence of the 'next month' contract trading at a premium to the 'front month' contract is a sign of very bullish sentiment on CME. [ more ]