Auto Added by WPeMatico

Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow

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…

Continue ReadingFidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin…

Continue ReadingUS Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks

Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw…

Continue ReadingGBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks

Ark Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000

According to onchain metrics, Ark Invest’s holdings in its spot bitcoin exchange-traded fund (ETF) include several inscriptions, among them an Ordinal inscription from the “Bitcoin Puppet” digital collectible series, valued…

Continue ReadingArk Invest’s ETF Holds Unique ‘Bitcoin Puppet’ NFT Worth Over $27,000

Kevin O’Leary Reveals Crypto Now Makes up 11% of His Portfolio

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never…

Continue ReadingKevin O’Leary Reveals Crypto Now Makes up 11% of His Portfolio

Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’

Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such…

Continue ReadingRipple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’

Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes

Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible…

Continue ReadingArk CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes

10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%

The latest data reveals that Blackrock’s spot bitcoin exchange-traded fund (ETF) has increased its bitcoin portfolio, now encompassing 263,937.48 bitcoins valued at $17.88 billion. Spot Bitcoin ETF Reserves Reach New…

Continue Reading10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%

China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets

Two of China’s largest fund management firms have recently been reported to be filing applications for spot bitcoin exchange-traded funds (ETFs), according to regional sources on Monday. Harvest Global Investments…

Continue ReadingChina’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets

Skybridge Founder: Bitcoin Halving Not Priced in — BTC Has ‘a Lot More’ Upside

Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant…

Continue ReadingSkybridge Founder: Bitcoin Halving Not Priced in — BTC Has ‘a Lot More’ Upside