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Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K

Grayscale’s GBTC has dominated in the recent wave of outflows from US spot Bitcoin ETFs, which collectively recorded a total daily net outflow of $174.45 million on Monday. This marked…

Continue ReadingGrayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K

Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses

U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction,…

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Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs

Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their…

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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…

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Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting…

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ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000

Blackrock, the world’s largest asset manager, now holds more than 300,000 bitcoins following $217.7 million in positive inflows from all of the U.S. spot bitcoin exchange-traded funds (ETFs). Thursday’s inflows…

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BlackRock’s IBIT Takes Back the Lead as Spot Bitcoin ETFs Continue Their Inflow Streak

Almost $220 million was once again poured into the spot Bitcoin ETFs yesterday, June 6, thus extending the consecutive inflow streak to 18 trading days in a row. BlackRock’s IBIT…

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Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs

On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from…

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New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel

Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the Texas Stock Exchange (TXSE) in Dallas. This new exchange will…

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US Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC

On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC…

Continue ReadingUS Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC