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$241M Spot Bitcoin ETF Inflows On Monday Fuel Rally Above $70K
Tuesday, May 21, 2024 - 7:25am | 844Read More...Bitcoin (CRYPTO: BTC) spot ETFs on Monday experienced a substantial net inflow of $241 million, marking a significant boost in investor confidence in the cryptocurrency market. What Happened: The Ark Invest and 21Shares’ ETF (BATS:ARKB) led the charge with an inflow of $68.2812 million,...
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Spot Bitcoin ETFs Are 'Orange FOMO Poker Chips,' Jim Bianco Warns
Monday, May 20, 2024 - 10:03am | 784Read More...Jim Bianco, founder of Bianco Research, has cast a critical eye on the recent popularity of spot Bitcoin ETFs, painting a picture of these instruments as potentially hindering, rather than helping, the growth of a decentralized financial system. What Happened: Bianco’s primary observation...
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Spot Bitcoin ETF Saw Two-Month High Of $948M Net Inflows Last Week
Monday, May 20, 2024 - 7:50am | 794Read More...Week 19 of spot Bitcoin ETF trading saw a net inflow of $948 million with a trading volume of $8.5 billion. What Happened: This marks a positive weekly inflow compared to the past eight weeks, with the weekly Bitcoin (CRYPTO: BTC) candle closing above the middle line of the current correction phase...
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BlackRock, Fidelity Lead $257M Bitcoin ETF Surge, As Analysis Predicts $74,000 Comeback
Friday, May 17, 2024 - 8:00am | 584Read More...The demand for Bitcoin (CRYPTO: BTC) exposure among U.S. investors continues to rise, with spot Bitcoin ETFs recording a fourth consecutive day of inflows on May 16. What Happened: The total net inflow for the day reached $257.34 million, suggesting growing institutional interest in the leading...
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CME Group Eyes Bitcoin Trading Amid Surging Wall Street Demand (UPDATED)
Thursday, May 16, 2024 - 2:40pm | 930Read More...Editor’s note: This story has been updated with additional details. CME Group (NASDAQ:CME), the world’s largest futures exchange, is gearing up to introduce Bitcoin (CRYPTO: BTC) trading, seizing the opportunity presented by the growing appetite for cryptocurrencies among Wall Street...
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Morgan Stanley Declares $270M Investment Into Bitcoin ETFs In Q1, Leads Institutional Inflow Of 'Historical Scale'
Thursday, May 16, 2024 - 11:02am | 799Read More...Morgan Stanley (NYSE:MS) has declared a substantial $269.9 million investment in spot Bitcoin (CRYPTO: BTC) ETFs through Grayscale's (OTC:GBTC) in their first quarter 13F filing. What Happened: This significant move positions Morgan Stanley as one of the top holders of GBTC, trailing only behind...
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Spot Bitcoin ETFs Pocket $303M Net Inflows On Wednesday: 'Stars Seem To Be Aligning On This Breakout,' Analytics Firm Writes
Thursday, May 16, 2024 - 8:04am | 692Read More...In a sign of growing institutional interest in Bitcoin (CRYPTO: BTC), US spot Bitcoin ETFs raked in a combined $303 million in net inflows on May 15, with analysts predicting a potential return to its all-time highs. What Happened: Leading the pack was Fidelity‘s (BATS:FBTC) ETF, which...
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Vanguard Appoints Former BlackRock Executive Salim Ramji As New CEO
Wednesday, May 15, 2024 - 10:40am | 616Read More...Investment management giant Vanguard has announced the appointment of Salim Ramji, a former executive from BlackRock (NYSE:BLK) known for his Bitcoin (CRYPTO: BTC) friendly stance, as its new CEO and board member, effective July 8. What Happened: Ramji, with 25 years of industry experience,...
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Spot Bitcoin ETFs See $100M Inflows On Wednesday Amid Institutional Adoption
Wednesday, May 15, 2024 - 7:42am | 503Read More...Bitcoin spot exchange-traded funds (ETFs) continued to attract investor interest on May 14, with total net inflows into these funds reached $100.5 million, highlighting ongoing demand for direct exposure to Bitcoin (CRYPTO: BTC). What Happened: This positive inflow comes despite a single-day net...
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Inflation Data Means 'If You Are Bullish, Buy Bitcoin, Bearish, Short Ethereum': 10x Research
Tuesday, May 14, 2024 - 3:29pm | 740Read More...This week’s inflation data releases could trigger a volatile few days for Bitcoin (CRYPTO: BTC), according to a new report by 10x Research, a firm specializing in institutional crypto research. What Happened: “Traders expect a +/-6% move for Bitcoin by the end of this week,” says...
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Wisconsin Invests Nearly $100M In BlackRock's Spot Bitcoin ETF
Tuesday, May 14, 2024 - 11:31am | 607Read More...The Wisconsin Investment Commission has made headlines with its recent investment move, according to SEC filings. What Happened: The Commission, which manages Wisconsin's public pension and trust funds, disclosed holdings worth $99 million in BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT)....
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U.S. Bitcoin Spot ETFs Net $66M Inflows As Hong Kong ETFs Fall Behind
Tuesday, May 14, 2024 - 7:18am | 522Read More...The U.S. Bitcoin spot exchange-traded fund (ETF) market saw a positive turn on Monday, recording a combined net inflow of $65.96 million. What Happened: This uptick comes amid a period of mixed signals in the broader cryptocurrency market, according to data from SoSoValue Leading the charge was the...
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Spot Bitcoin ETF Inflows Slip On Regulatory Banana Skins
Monday, May 13, 2024 - 7:39am | 663Read More...Spot Bitcoin exchange-traded funds (ETFs) experienced net outflows on Friday, highlighting some investor caution amid ongoing price volatility. What Happened: According to data from SoSoValue, total net outflows for Bitcoin spot ETFs reached $84.6581 million on May 10. The Grayscale Bitcoin Trust (...
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If You Bought Your Mom $100 In Bitcoin, Dogecoin And Ethereum Last Mother's Day, Here's How Much She'd Have Today
Sunday, May 12, 2024 - 10:14am | 575Read More...Roses are red, violets are blue, flowers are overrated, does Mom want crypto from you? If you're struggling with what to get your mom for Mother's Day, a gift of cryptocurrency is an option. Here's a look back at the historical returns of several cryptocurrencies on Mother's Day last year. What...
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JPMorgan Reports $760K Spot Bitcoin ETF Holdings Even As CEO Jamie Dimon Called For Shutting Down Crypto Industry
Saturday, May 11, 2024 - 10:57am | 496Read More...The largest bank in the United States, JPMorgan Chase & Co. (NYSE:JPM), has disclosed a significant investment in Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) despite its CEO Jamie Dimon's persistent criticism of cryptocurrencies. What Happened: JPMorgan has invested approximately $760,...
















