Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.
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First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval
The latest price moves in crypto markets in context for Jan. 19, 2024.
No More Than 50% Chance of Spot Ether ETF Approval By May, JPMorgan Says
Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.
ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.
Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says
An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.
Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts
The ether- bitcoin ratio has risen 19% in the first three weeks of the year, taking back part of last year’s 25% slide.
Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities
The newly launched bitcoin exchange-traded funds already have a combined nearly $30 billion in assets under management. Silver has $11.3 billion.
Bitcoin Plunges Below $41K as ‘Sell the Bitcoin ETF News’ Wins the Day
Large inflows in the new spot bitcoin ETFs have been sizably offset by outflows from not just from GBTC but other küresel bitcoin-related ETPs.
Bitcoin ETF Net Inflows Near $1B After Three Days
Total assets grew even as Grayscale’s GBTC saw sizable outflows as investors cash in following its conversion to a spot ETF.
ARK Buys $15.9M Worth of Its Own Bitcoin ETF
ARK sold a similar amount – $15.8 million – worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S.