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Bitcoin (BTC) could be worth $91,000 at the bottom of the bear market and $650,000 at the top of the bull cycle upon the full deployment of the cryptocurrency’s exchange-traded…
The Hong Kong SFC has approved Bitcoin and Ethereum ETFs for several applicants, opening crypto exposure to more investors. The post Hong Kong SFC approves Bitcoin and Ethereum spot ETFs…
The week started on a strong note, with Bitcoin rising above $66,000, a 3.02% increase over the past day owing to Hong Kong’s ETF development. With spot cryptocurrency ETFs being…
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal…
Spot Bitcoin and Ethereum ETFs are expected to launch in Hong Kong next week, potentially drawing $25 billion from Chinese investors. The post Bitcoin and Ethereum spot ETFs may hit…
BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has crossed the $15 billion mark in total inflows, a new high since it began trading on January 11. However, the overall daily…
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to…
Grayscale Bitcoin Trust (GBTC) recorded its lowest net outflow of $17.5 million for the first time since its conversion to a spot Bitcoin exchange-traded fund (ETF) on Wednesday, according to…
Grayscale CEO Michael Sonnenshein predicted that outflows from the Grayscale Bitcoin exchange-traded fund (GBTC) will stabilize and reach an equilibrium. Grayscale has been facing stiff competition in the spot Bitcoin…
Though Bitcoin (BTC) spot ETFs launched by BlackRock and others have been all the rage in crypto, there’s a slightly older Bitcoin fund that’s also seen exponential gains in the…