The crypto market is undergoing an intense selloff as Bitcoin fell back to the $50,000 range. Part of the concern is that spot Bitcoin ETF has continued to lose money,…
Browsing: Spot Bitcoin ETFs
In May, Ethereum (ETH) outperformed Bitcoin due to enthusiasm around the approval of the Ethereum spot ETF. Market analysts highlight whether this outperformance will continue. The SEC’s recent approval of…
Hightower, managing assets worth $130 billion, has invested $68 million in Spot Bitcoin ETFs. The transaction underscores ongoing institutional engagement in the Bitcoin market. In a significant development in the…
Morgan Stanley may soon enable 15,000 brokers to recommend Bitcoin ETFs directly to clients. The initiative could broaden Bitcoin’s integration into mainstream finance and enhance customer access. According to a…
Hong Kong is considering launching spot Bitcoin and Ethereum ETFs, amid strong interest from 10 financial institutions. Additionally, preparations for an Ethereum spot ETF are underway in Hong Kong and…
BofA report shows that crypto inflows surged to $2.4 billion this week, doubling from the previous week, fueled by increased interest in Bitcoin ETFs. Genesis obtained approval to sell 35…
Ark Invest and 21Shares enhance ARKB’s transparency by integrating Chainlink’s Proof of Reserve, a pivotal move in blockchain innovation. This initiative follows Bitwise’s transparency efforts, marking ARKB as the second…
Bitcoin’s resurgence to $52,500 marks a significant milestone, with its market cap surpassing $1 trillion, overtaking major companies like Tesla and Walmart. Spot Bitcoin ETFs witness unprecedented inflows, with 43,300…
Spot Bitcoin ETF emergence in the US is driving ripples across the globe. One of its effects is a massive fee reduction in the European ETF market. In a move…
Spot Bitcoin ETFs have witnessed a remarkable start, trading nearly $10 billion in just three days. The impact of these ETFs on BTC’s price remains uncertain, with fluctuations observed in…