20 / 34 Relevant items tagged with #BitcoinETF

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GBTC Discount Narrows to Zero; Experts Say Return of Premium to NAV Is a Possibility

[Jan 30 9:30 AM] The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin.” While some see the disappearance of the discount as pointing to the re-emergence of the premium to the net…

GBTC Holdings Dip Below 500K BTC as Rivals Ramp up Accumulation

[Jan 30 7:30 AM] The latest data from Grayscale’s GBTC reveals that the trust’s bitcoin holdings have diminished to below 500,000, following a departure of 6,138.79 bitcoin from its reserves in the past day. Conversely, Blackrock’s IBIT has…

First Mover Americas: Bitcoin Eclipses $43K Having Gained Nearly 10% in a Week

[Jan 30 7:19 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

What Lies Ahead for Crypto Now That the Fabled Bitcoin ETF Is Here? — Calaxy CEO Solo Ceesay

[Jan 30 6:30 AM] It finally happened. Well into the second decade of the digital assets revolution, we’ve finally witnessed the approval of the highly anticipated spot Bitcoin ETF. Dubbed by Michael Saylor as “the biggest Wall Street development in the last 30…

Expert Reveals Key Macro Indicators For Bitcoin: A Roadmap To Next Rally?

[Jan 29 5:00 PM] Bitcoin advocate and CEO of Jan3, Samson Mow, has pinpointed a range of macroeconomic indicators that could signal an impending rally for Bitcoin. Mow focuses on exchange-traded inflows (ETF), Bitcoin’s Hashrate, and whale activity on prominent…

Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors

[Jan 29 4:02 PM] The index provider previously had one of the highest fees of 0.39% for its bitcoin ETF.

9 Newly Launched Spot Bitcoin ETFs Accumulate BTC Holdings Worth Nearly $6 Billion

[Jan 29 1:30 PM] Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin holdings, now…

Google Revises Guidelines To Allow Bitcoin ETFs To Advertise Their Products

[Jan 29 12:03 PM] Today, Google has revised its advertising guidelines, now permitting cryptocurrency trusts, such as Bitcoin Exchange-Traded Funds (ETFs), to promote their products. Spot Bitcoin ETF issuers such as BlackRock and Franklin Templeton have wasted no…

Crypto Funds Saw $500M in Outflows Last Week as GBTC Bleed Outweighed Rivals' Gains: CoinShares

[Jan 29 11:38 AM] Outflows from Grayscale's GBTC now total $5 billion, but appear to be subsiding, CoinShares head of research James Butterfill noted.

Anthony Scaramucci Predicts Bitcoin to Hit at Least $170K Post Halving

[Jan 29 10:53 AM] Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin {{BTC}} soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.

First Mover Americas: Bitcoin Consolidates at $42K

[Jan 29 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports

[Jan 29 3:54 AM] Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.

Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum

[Jan 29 12:16 AM] The much-awaited approval of spot-bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) can give unprecedented momentum for similar regulatory approvals in and around Asia.

Analysts Suggest Financial Giant Charles Schwab Poised to Shake Up Bitcoin ETF Market With Potential Late Entry

[Jan 27 2:30 PM] In the wake of a noteworthy 11-day period during which U.S.-centered spot bitcoin exchange-traded funds (ETFs) amassed a trading volume totaling $25.36 billion, discussions have emerged about the potential involvement of Charles Schwab, the…

BlackRock’s IBIT Maintains Lead In BitcoETF Market, Crosses $2 Billion In Inflows

[Jan 27 7:51 AM] According to data from BitMEX Research, BlackRock’s Bitcoin spot ETF – IBIT –  has now set a new record, achieving a total net inflow of $2 billion. This feat allows IBIT to maintain its position as the best-performing fund of the…

Why Is Everyone Suddenly Bearish About Bitcoin?

[Jan 26 1:54 PM] The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith.

BlackRock’s Bitcoin ETF First to Reach $2B in AUM

[Jan 26 11:43 AM] The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under-management (AUM).

9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings

[Jan 26 10:30 AM] At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total…

Bitcoin Capitulation: Holders Flee BTC As Post-ETF Disappointment Hits

[Jan 26 9:30 AM] On-chain data shows that Bitcoin investors have been clearing out their wallets recently as the asset continues to be disappointing in this post-ETF era. Bitcoin Small Wallets Have Been Displaying Signs Of Capitulation According to data from the…

Bitcoin ETFs: Reshaping Finance And Politics For The 2024 Elections

[Jan 26 9:07 AM] In the ever-evolving landscape of financial innovation, the recent approval of Bitcoin ETFs stands as a watershed moment, not just for digital asset enthusiasts, but for the broader financial markets and the political arena. As we edge closer to…

First Mover Americas: Bitcoin Regains $41K in End of Week Rally

[Jan 26 7:11 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO

[Jan 26 4:29 AM] ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund's total value.

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

[Jan 25 2:42 PM] The group of recently launched spot bitcoin exchange-traded funds (ETFs) are seeing combined negative flows for the first time since they opened for trade on Jan. 11 as money moving into funds like BlackRock's IBIT and Fidelity's FBTC has failed to…

$130M Silk Road Bitcoin Stash To Be Sold By US Government

[Jan 25 2:00 PM] Since mid-January Bitcoin (BTC) has been facing mounting selling pressure from various market players. This includes asset manager Grayscale, bankrupt crypto exchange FTX, and now, the US government, which is set to auction off a substantial amount…

Grayscale's GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan

[Jan 25 11:17 AM] Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report.

Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation

[Jan 25 8:00 AM] Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $1.28 billion in volume on Wednesday. Additionally, figures indicate that…

First Mover Americas: Bitcoin Holds $40K

[Jan 25 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin ETF Day 8 Update: Market Rebound Signals Bottom As Grayscale Selling Slows Down

[Jan 24 9:00 PM] Since the approval of Bitcoin ETF applications by the US Securities and Exchange Commission (SEC) on January 11, followed by the commencement of trading a day later, the ETF race has witnessed impressive trading volumes on each trading day. As the…

Ethereum Is The Biggest Winner In Post-ETF Approval Market: Glassnode

[Jan 24 8:00 PM] While Bitcoin has struggled since the much-anticipated spot ETFs have gone live, Ethereum has emerged as a winner in the sector. Ethereum Has Done Better Against Both Bitcoin And Altcoins Recently In its latest weekly report, the on-chain analytics…

Bitwise Leads the Way as First US Bitcoin ETF to Publicly Disclose Wallet Address

[Jan 24 7:04 PM] On Wednesday, Jan. 24, 2024, Bitwise, a leading digital asset manager, made a groundbreaking announcement as the first U.S. spot bitcoin exchange-traded fund (ETF) to reveal its bitcoin wallet address. Emphasizing its commitment to transparency…