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Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
16.4.2024
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted
10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish
16.4.2024
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies.
The post 10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish appeared first...
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
16.4.2024
BlackRock’s Bitcoin ETF Sees $73M in Inflows as Other Funds Remain Stagnant
16.4.2024
BlackRock's Bitcoin ETF stands out as the sole spot Bitcoin fund in the United States to experience inflows on Monday, while other ETFs reported either zero inflows or even outflows.
The post BlackRock’s Bitcoin ETF Sees $73M in Inflows as Other Funds Remain Stagnant appeared first...
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love
15.4.2024
At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency
Hong Kong Boards the ETF Express
15.4.2024
The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC
First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval
15.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
BTC, ETH Rise as Hong Kong Bitcoin ETF Applicants Say They've Been Approved
15.4.2024
The Securities and Futures Commission, Hong Kong's markets regulator, has not made an official announcement
Hong Kong SFC Approves Spot Bitcoin and Ethereum ETFs as Market Rebounds
15.4.2024
Hong Kong SFC has approved first spot Bitcoin and Ethereum ETF applications filed by China Asset Management, Harvest Global, Bosera Capital and HashKey Capital.
The post Hong Kong SFC Approves Spot Bitcoin and Ethereum ETFs as Market Rebounds appeared first on Cryptonews
US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility
14.4.2024
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 GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23...
Robert Kiyosaki Explains Why He Won’t Buy Bitcoin ETF
14.4.2024
Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week...
$10.5 Trillion Asset Manager Blackrock’s Spot Bitcoin ETF Now Holds 270K BTC
13.4.2024
Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares Bitcoin Trust (IBIT), which has amassed nearly 270K...
Robert Kiyosaki Says No to Spot Bitcoin ETF Investments
12.4.2024
Prominent author of "Rich Dad, Poor Dad," Robert Kiyosaki, stated on April 12 that he would never participate in exchange-traded funds (ETFs) that track Bitcoin spot prices or in any other "Wall Street financial products."
The post Robert Kiyosaki Says No to Spot Bitcoin ETF Investments appeared...
Hong Kong Set to Approve Bitcoin and Ether ETFs as Early as Monday
12.4.2024
The potential approval of Bitcoin and Ether ETFs in Hong Kong could occur as soon as Monday, with asset management firms like Harvest Fund Management anticipating the green light. Collaborating with Hong Kong Exchanges & Clearing Ltd, the Securities and Futures Commission seeks...
US inflation rises, BTC fluctuates, and Asia gears up for Bitcoin ETF
12.4.2024
Three updates have taken the market by storm. First, the US inflation figure is above the expected amount. Second, BTC has started experiencing fluctuations in its value ahead of Halving. Third, Hong Kong is very likely to approve the Spot Bitcoin ETF and become the first Asian country to do...
Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg
12.4.2024
Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter
Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow
11.4.2024
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 316,193.43 bitcoins. ETF Analyst Notes Historical Inflow...
Grayscale Bitcoin ETF Sees Record Lowest Daily Outflow of $18M
11.4.2024
The relatively low figure is a sharp decline from GBTC's usual outflow amounts
Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say
10.4.2024
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week
US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
10.4.2024
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 ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...