#spot-etfs

[ follow ]
bitcoin
New York Post
2 months ago
Cryptocurrency

Bitcoin soars above $60K as spot ETFs drive trending frenzy, lead to Coinbase crash

Bitcoin soared past $60,000 due to spot ETFs
Coinbase crashed during the trading frenzy [ more ]
London Business News | Londonlovesbusiness.com
2 months ago
Cryptocurrency

Bitcoin is at 26-month highs

Bitcoin exceeds $57,000 level, driven by whale activity and positive spot ETF data.
Massive Bitcoin transfers to non-exchange wallets signal long-term investment intentions, while GBTC outflows decrease. [ more ]
London Business News | Londonlovesbusiness.com
3 months ago
Cryptocurrency

Bitcoin at the highest levels since 2021

Bitcoin is trying to maintain the level of $50,000 after rapid gains.
Outflows from the Grayscale Bitcoin Trust (GBTC) are declining while flows into new spot ETFs are increasing. [ more ]
Coindesk
3 months ago
Cryptocurrency

Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative

Traders expect ether to underperform bitcoin in the coming months based on the pricing of futures contracts.
The SEC's classification of ether as a security or commodity is still uncertain, which has implications for the approval of spot ETH ETFs. [ more ]
Coindesk
3 months ago
Cryptocurrency

Crypto Whales Hunt for Bargains As Bitcoin Prices Slide, Data Shows

Crypto whales are buying bitcoin at cheaper prices as its value continues to slide after the debut of U.S. spot ETFs.
Some crypto whales are actively buying bitcoin on Bitfinex, causing it to trade at a premium compared to other exchanges. [ more ]
Coindesk
3 months ago
Cryptocurrency

Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale

Sizable sales from the Grayscale Bitcoin Trust may be partly to blame for bitcoin's poor price performance since the launch of U.S.-based spot ETFs.
The bankruptcy estate for failed crypto exchange FTX sold its entire holding of GBTC for nearly $1 billion, indicating fresh investment into the new spot ETFs. [ more ]
morebitcoin
Coindesk
2 months ago
Cryptocurrency

BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy

BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin than MicroStrategy.
IBIT has been adding hundreds of millions of dollars worth of bitcoin daily since its launch. [ more ]
Coindesk
3 months ago
Cryptocurrency

Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs

Daily trading volume in the ProShares Bitcoin Strategy ETF (BITO) has declined significantly since the launch of spot ETFs directly investing in cryptocurrency.
Observers believe BITO will remain important as a hedging instrument in the market. [ more ]
Coindesk
4 months ago
Cryptocurrency

Jamie Dimon Bashes Bitcoin Again; 'A Pet Rock'

JPMorgan CEO Jamie Dimon advises against getting involved in Bitcoin, citing concerns about its use cases.
Dimon expresses a more positive stance on cryptocurrencies outside of Bitcoin, particularly highlighting the tokenization of real-world assets. [ more ]
Coindesk
4 months ago
Cryptocurrency

First Mover Americas: Altcoins Lead, Bitcoin in Stasis Near $42.6K

Altcoins gain momentum as bitcoin remains flat
Fidelity's Jurrien Timmer expects consolidation of recent gains in bitcoin [ more ]
Coindesk
5 months ago
Cryptocurrency

Bitcoin Remains On Track for $100K by Year-End 2024: Standard Chartered

Standard Chartered Bank reiterates its forecast that bitcoin will reach $100,000 by the end of 2024.
The bank expects the approval of U.S.-based spot bitcoin ETFs to be a catalyst for institutional investment in BTC and ETH.
The upcoming Bitcoin 'halving' in April 2024 is seen as another factor that will contribute to price upside. [ more ]
[ Load more ]