bitcoin ETF

Bitcoin (CRYPTO: BTC) spot ETFs recorded substantial net outflows on Wednesday, marking a significant realignment in investor sentiment. What Happened: According to data from SoSoValue, the total net outflow from these ETFs reached a record high of $564 million in a single day. Among the impacted...

Cryptocurrency company Coinbase Global (NASDAQ:COIN) will report first-quarter (Q1) financial results after market close on Thursday, May 2, 2024. Read on for earnings estimates, analyst ratings, price targets and the key items to watch: Ratings & Targets: HC Wainwright: Buy rating, raised...

Jim Bianco of Bianco Research doubled down on his warning that spot Bitcoin (CRYPTO: BTC) ETF buyers might soon cause significant selling pressure for the market. What Happened: Bianco pointed out that the average purchase price of spot Bitcoin ETF buyers is between $57,000 and $58,000, implying...

Crypto research firm 10x Research on Wednesday underscored its prediction that the ongoing Bitcoin (CRYPTO: BTC) correction may take prices into the low $50,000s. What Happened: In their latest email newsletter, the team around lead analyst Markus Thielen highlight the differing risk management...

Bitcoin spot Exchange-Traded Funds (ETFs) experienced a substantial outflow of funds, totaling $162 million on Tuesday, according to financial analytics firm SoSoValue. What Happened: The Grayscale Bitcoin Trust (OTC:GBTC) alone saw a withdrawal of $93.2277 million, contributing significantly to...

Bitcoin (CRYPTO: BTC) has been on a downward trajectory recently, leaving many investors wondering what the future holds for the leading cryptocurrency. According to Markus Thielen‘s analysis, the dynamics of Bitcoin trading have evolved significantly, necessitating a keen eye on specific...

Investors who bought leading cryptocurrency Bitcoin (CRYPTO: BTC) years ago likely enjoyed a strong 2024 that saw the approval of Bitcoin ETFs and new all-time highs reached on several occasions in March. A YouTuber begged people to put $1 into Bitcoin in a video shared on May 9, 2013. Here's a...

The launch of the first Bitcoin (CRYPTO: BTC) and Ethereum spot ETFs in Hong Kong marked a modest start, with a total trading volume of just 87.58 million HK$ ($12 million) as markets closed today. What Happened: This figure pales in comparison to the United States’ first Bitcoin ETF launch,...

The cryptocurrency investment landscape has been marked by a concerning trend in recent weeks, with significant outflows recorded across major Bitcoin (CRYPTO: BTC) spot ETFs. What Happened: According to data from SoSoValue, notable outflows were reported on Monday, with ARK 21Shares‘s ARKB...

Research and brokerage firm Bernstein remains optimistic about the future of the cryptocurrency market despite the recent slowdown in spot bitcoin exchange-traded fund (ETFs) flows. What Happened: In a recent research note, Bernstein analysts Gautam Chhugani and Mahika Sapra suggested that the...

Jim Bianco, founder of Bianco Research, expressed his growing concerns about the risks involved with spot Bitcoin ETFs, pointing to potential significant selling pressure ahead. What Happened: Bianco suggested on social media that these ETFs are primarily held by “paper-handed small-time...

Spot Bitcoin ETFs have recorded their third consecutive week of net outflows, totaling $435 million. The trend coincides with Australian regulators possibly approving spot Bitcoin ETFs. What Happened: According to a Coinshares report, Grayscale accounted for the majority of the outflows, with $454....

The Australian Securities Exchange (ASX) is reportedly set to approve the first spot-Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) in the country before the year ends. What Happened: The ASX, which oversees the majority of Australia’s equity market, is expected to give the green light to...

MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor in an interview discussed the unique advantages that MicroStrategy has over its competitors. What Happened: According to Saylor, MicroStrategy can, unlike ETFs, leverage its stock, offer options and issue convertible debt. Thanks to its...

Bitcoin (CRYPTO: BTC) defied expectations this week, experiencing a price increase of around 3.7% even as investors pulled a significant amount of money out of Bitcoin exchange-traded funds (ETFs). What Happened: According to data from SoSoValue, the total net outflow from Bitcoin spot ETFs on...