Auto Added by WPeMatico

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…

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

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…

Continue ReadingAustralian Securities Exchange (ASX) Approved Listing Its First Bitcoin ETF

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…

Continue ReadingAnalysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’

US Spot Bitcoin ETFs Return to Inflows Amid Massive BTC Price Volatility

The spot Bitcoin ETFs started the current business week negatively, ending their longest streak in terms of inflows on Monday. However, the tides have changed once again, perhaps due to…

Continue ReadingUS Spot Bitcoin ETFs Return to Inflows Amid Massive BTC Price Volatility

US Spot Bitcoin ETFs See $200M Net Outflows Ahead of Major Economic Indicators

On Tuesday, June 11, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of $200 million as the market awaits key economic indicators, including CPI and FOMC data. This followed…

Continue ReadingUS Spot Bitcoin ETFs See $200M Net Outflows Ahead of Major Economic Indicators

These Economic Factors Could Put Bitcoin in a ‘Slow Bleed Environment’ (Bitfinex)

With risk assets in the financial sector currently looking vulnerable, market experts have identified economic factors that could put bitcoin (BTC) in a similar light and push it into a…

Continue ReadingThese Economic Factors Could Put Bitcoin in a ‘Slow Bleed Environment’ (Bitfinex)