bitcoin ETF

The cryptocurrency market is bracing for a potential influx of new investment as Ethereum (CRYPTO: ETH) spot exchange-traded funds (ETFs) near trading launch in the United States. What Happened: A new report by Galaxy Research suggests these new financial products could attract substantial capital...

Bitcoin spot ETFs reported a total net inflow of $21.5187 million on June 26, but inflow did not manage to erase underlying anxieties within the cryptocurrency market. What Happened: According to data from SoSo Value, the Fidelity ETF (BATS:FBTC) saw a significant single-day inflow of $18.6093...

The long-awaited arrival of spot Ethereum exchange-traded products (ETPs) could trigger a significant inflow of capital, according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. What Happened: In a blog, Hougan argues that spot Ethereum ETPs are likely to attract $15 billion...

After a week of outflows, Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) finally saw a return of investor confidence on Tuesday, June 25. What Happened: The total net inflow for the day was $31.0131 million, a positive sign for the market, according to data from SoSo Value. This shift...

U.S. SEC chair Gary Gensler highlighted on Tuesday the smooth progress of Ethereum ETF filings, indicating that the final decision lies with asset managers to make full disclosures for the registration statements to go effective. Speaking at the Bloomberg Invest Summit, he said, “I don’...

Bitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs. What Happened: At the time of writing, Bitcoin is trading around $61,300, flat over the past 24 hours but up from $59,086 in Monday evening...

Bernstein analysts suggest that if election sentiment shifts more Republican, crypto could become a primary “Trump trade.” What Happened: In a note to clients on Monday, analysts Gautam Chhugani and Mahika Sapra highlighted a recent downturn in market sentiment following significant...

Canaccord Genuity has revised its target price for MicroStrategy (NASDAQ:MSTR) from $2,047.00 to $1,826.00 while maintaining its buy rating. Despite the adjustment, the firm’s analysts remain optimistic about the company’s long-term prospects, particularly due to its strategic Bitcoin (...

Defunct cryptocurrency exchange Mt. Gox has announced that it will start distributing assets stolen from clients during a 2014 hack starting in the first week of July. What Happened: Following the announcement of the repayments, Bitcoin prices dropped from over $62,300 to about $60,500 in early...

Bitcoin (CRYPTO: BTC) has plummeted below $61,000 in early Monday morning trading, continuing its downtrend from last week. What Happened: Bitcoin is down 5% over the past 24 hours, barely hanging on to $61,000 at the time of writing. The latest spike down has liquidated $260 million in long...

Standard Chartered Plc is reportedly establishing a trading desk for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), according to sources familiar with the matter. What Happened: This move positions Standard Chartered as one of the first global banks to enter the spot cryptocurrency trading arena...

Hashdex has filed for a combined spot Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETF, called the Hashdex Nasdaq Crypto Index US ETF. This new proposal, detailed in a 19b-4 filing with Nasdaq, represents a notable development in the ongoing integration of digital assets into mainstream...

Bitcoin (CRYPTO: BTC) spot Exchange-Traded Funds (ETFs) experienced net outflows totaling $146 million on June 17. What Happened: This marks the fifth time in six days that net outflows have been recorded, highlighting ongoing market volatility and investor uncertainty, according to data from SoSo...

Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff traded his guns on spot ETFs associated with the digital asset yet again. What Happened: On Tuesday, Schiff took to X, formerly Twitter, to question the impact of the investment avenues that went up for trading early this year on the...

Bitcoin (CRYPTO: BTC) is predicted to reach $1 million by 2033 and hit a cycle-high of $200,000 by 2025, according to a new research report by Bernstein. What Happened: Bernstein’s optimistic BTC price forecast is driven by increasing demand from spot ETFs and the limited supply of the...