Tag Archives: Bitcoin ETF

Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak

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As Bitcoin (BTC), the largest cryptocurrency by market capitalization, inches closer to its all-time high of $73,700 reached in March, the US spot Bitcoin ETF market has re-emerged as a key driver of the cryptocurrency’s recent price surge. On Tuesday, total trading volume for spot Bitcoin ETFs surpassed $3 billion, coinciding with Bitcoin’s price briefly… Continue reading Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak→

Are ‘ETF Paper Bitcoins’ Suppressing BTC Prices? Analyst Provides Answers

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In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US spot Bitcoin Exchange-Traded Funds (ETFs) and their impact on the cryptocurrency’s price. Krueger aimed to dispel the fear, uncertainty, and doubt (FUD) that have been circulating… Continue reading Are ‘ETF Paper Bitcoins’ Suppressing BTC Prices? Analyst Provides Answers→

Bitcoin ETFs Reach $3 Billion Inflows In October, Retail Investors Lead The Charge – Report

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Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side.  Interestingly,… Continue reading Bitcoin ETFs Reach $3 Billion Inflows In October, Retail Investors Lead The Charge – Report→

Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows In Sudden Reversal

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The recent increase in the appeal of spot Bitcoin exchange-traded funds (ETFs) in the United States has temporarily ceased. On Tuesday, these funds underwent a reversal, resulting in net outflows of $79.01 million, following an extraordinary seven-day streak of positive inflows. Farside Investors are the source of this data, a company that specializes in the… Continue reading Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows In Sudden Reversal→

Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon?

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Bitcoin is holding strong above $67,000 after setting a new local high of around $68,300, fueling excitement among investors. This bullish momentum is driven by price action and supported by key market data signaling a potential uptrend continuation. Daan, a top crypto analyst, shared crucial insights showing that Bitcoin ETFs have been buying heavily for… Continue reading Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon?→

BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption

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Bank of New York Mellon (BNY Mellon) is making significant strides toward launching custody services for Bitcoin (BTC) and Ethereum (ETH), following its recent exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  As previously reported by Bitcoinist on Friday, BNY Mellon is the first bank to receive this exemption, allowing… Continue reading BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption→

Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know

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BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into the Bitcoin ETF space when the US… Continue reading Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know→

Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report

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Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure… Continue reading Bitcoin On-Chain Health Remains ‘Net Positive’: ARK Invest Report→

Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows

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The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in… Continue reading Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows→

Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report

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Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients.  Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote… Continue reading Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report→