Bitcoin falls close to $64,000 as ETFs bleed $140 million
Bitcoin hit a low of $64,300 on Thursday following extended outflows from US spot Bitcoin ETFs, bleeding almost $140 million. The post Bitcoin falls close to $64,000 as ETFs bleed…
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VanEck’s Bitcoin ETF goes live on Australia’s top exchange, trading surpasses $1.5 million
VanEck's Bitcoin ETF starts trading on the ASX, with volumes topping $1.5 million after a couple of hours of trading. The post VanEck’s Bitcoin ETF goes live on Australia’s top…
BTC Price Recovers After Monthly Lows Despite Continuous Bitcoin ETF Outflows
The spot Bitcoin ETFs in the States have reversed the late May/early June trend and have seen several consecutive days of outflows, worth more than $600 million. These adverse developments…
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…
VanEck to Launch First Bitcoin ETF on Australia’s Security Exchange This Week
American investment management firm VanEck is set to launch the first spot Bitcoin exchange-traded fund (ETF) on Australia’s securities trading platform this week. According to an official announcement from the…
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…
Australian Securities Exchange (ASX) Approved Listing Its First Bitcoin ETF
Vaneck, a global investment firm, has announced the launch of the Vaneck Bitcoin ETF (VBTC), the first Bitcoin exchange-traded-fund on the Australian Securities Exchange (ASX). Set to commence trading on…
Financial advisors still figuring out Bitcoin spot ETFs, says BlackRock CIO
BlackRock CIO sheds light on the cautious Bitcoin ETF adoption by financial advisors amid market volatility and risk considerations. The post Financial advisors still figuring out Bitcoin spot ETFs, says…
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…
Analysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’
Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We…
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