bitcoin ETF

Bitcoin spot exchange-traded funds (ETFs) saw net outflows of $11.29 million on May 9. What Happened: The Grayscale Bitcoin Trust (OTC:GBTC) registered a substantial net outflow of $43.3522 million, while the BlackRock Bitcoin Trust (NASADAQ: IBIT) experienced a net inflow of $14.1946 million....

Spot Bitcoin ETFs saw modest inflows on May 8, with the $11.5409 million inflow into the Bitwise ETF (NYSE:BITB) being the only non-zero balance of the day. What Happened: Notably, Grayscale’s GBTC (OTC:GBTC), BlackRock‘s iShares Bitcoin Trust (NASDAQ: IBIT), the Fidelity Wise Origin...

Susquehanna International Group, a prominent quantitative trading firm, has significantly expanded its holdings in various Bitcoin-related exchange-traded funds (ETFs), according to the latest SEC filings. What Happened: As of the first quarter of 2024, the firm's investment in these digital asset...

Hong Kong’s burgeoning cryptocurrency market received a significant boost today with the announcement of its first-ever ETF liquidity fund. What Happened: The HK$1 billion (approximately $128 million) fund, established by a consortium of industry leaders, aims to enhance liquidity, improve...

Bitcoin spot exchange-traded funds (ETFs) experienced a total net outflow of $15.6439 million on May 7. What Happened: The Grayscale Bitcoin Trust (OTC:GBTC) registered a substantial outflow of $28.613 million in a single day, according to data from SoSoValue Despite these outflows, the total net...

Hightower Advisors, a leading $130 billion asset management firm, has purchased $68 million worth of spot Bitcoin ETFs, according to a recent 13F SEC filing. What Happened: This substantial investment underscores the growing institutional interest in Bitcoin (CRYPTO: BTC) as the cryptocurrency...

Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) continue to attract significant investor interest, despite ongoing delays from the Securities and Exchange Commission (SEC) on approving Ethereum spot ETFs. What Happened: Data from SoSoValues reveals that total net inflows into Bitcoin spot...

Following several days of net outflows, Bitcoin (CRYPTO: BTC) spot ETFs listed in the U.S. experienced a significant turnaround on May 3rd, with a combined net inflow of $378 million. What Happened: This marks a notable shift from the previous week’s trend of net outflows, signaling a...

James Seyffart, an ETF research analyst at Bloomberg Intelligence, in an interview provided further perspective to the recent launch of spot Bitcoin ETFs in Hong Kong. What Happened: In a podcast interview with Tony Edward, Seyffart discussed the recent launch of Bitcoin and Ethereum spot ETFs in...

The Securities and Exchange Commission (SEC) has announced it will require additional time to determine the fate of a proposed exchange-traded fund (ETF) focused on carbon credit futures contracts and Bitcoin (CRYPTO: BTC). What Happened: In a filing made on Thursday, the agency stated that it...

Spot Bitcoin (CRYPTO: BTC) ETFs experienced a new net outflow of $34.36 million on Thursday, signifying a continued trend of investor caution following the record-breaking outflows witnessed earlier this week. What Happened: Grayscale‘s GBTC (OTC:GBTC), the world’s largest Bitcoin...

Coinbase Global Inc. (NASDAQ:COIN) has experienced a significant surge in customer adoption and trading activity across its platforms, driven by the launch of several Bitcoin (CRYPTO: BTC) spot ETFs in the U.S. during the first quarter of 2024. What Happened: Coinbase’s co-founder and CEO...

BNP Paribas, a multinational investment bank and one of the largest financial institutions in Europe, has made a landmark move by purchasing shares in BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT), according to an SEC filing. What Happened: The 13F report filed with the U.S. Securities and...

Prominent economist Peter Schiff expressed his views on the current state of Bitcoin (CRYPTO: BTC), stating that despite the hype surrounding spot Bitcoin ETFs, the crypto king is in a bear market. What Happened: In a Thursday post on X, Schiff compared Bitcoin's performance to gold, saying “...

Despite a recent pause in inflows to spot bitcoin exchange-traded funds (ETFs) after a continuous 71-day streak, industry experts predict a resurgence led by a broader investor base. What Happened: Robert Mitchnick, head of digital assets at BlackRock (NYSE:BLK), the world's leading asset...