Bitcoin Registers Biggest Single-Day Loss Since FTX’s Collapse
Spot BTC ETFs witnessed record outflows on Tuesday, provisional veri from Farside show.
Spot BTC ETFs witnessed record outflows on Tuesday, provisional veri from Farside show.
James Seyffart says the U.S. Securities and Exchange Commission really hasn’t engaged with potential issuers, unlike the extensive talks in the run-up to bitcoin ETF approvals.
CryptoQuant’s “Coinbase premium” indicator has flipped negative, signaling a weaker net buying pressure from U.S. investors.
The Fidelity Wise Origin Bitcoin Fund has attracted $6.9 billion from investors since its launch in January, the fifth-highest amount of all exchange-traded funds.
The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.
With the dual tailwind of bitcoin ETF flows and the upcoming halving, is bitcoin the best bet? Not so fast. Ethereum, the next biggest crypto asset by market cap, has a case of its own to make.
Crypto exchange Coinbase (COIN) looks well-positioned to benefit from these growing inflows, the report said.
First Trust was one of the first to file for a BTC ETF, and was rejected by the SEC in January 2022.
Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Küçük Trust product, according to a filing on Tuesday.