Spot Bitcoin ETFs on track to overtak Satoshi Nakamoto’s BTC holdings by year-end

Bloomberg ETF analyst Eric Balchunas predicted that by December, US spot Bitcoin exchange-traded funds (ETFs) BTC holdings could eclipse those of Satoshi Nakamoto. Balchunas suggested that at their current accumulation pace — roughly 17,000 BTC weekly — the ETFs may surpass 1 million BTC next week.

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Spot Bitcoin ETFs buy up $654M of BTC in 3 days

Investors have piled into Bitcoin ETFs since July 5, but it wasn’t enough to offset Germany’s BTC selling spree.

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JPMorgan’s Crypto Double Standard: Largest US Bank Invests In Spot BTC ETFs While Dimon Remains A Bitcoin Hater

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Bitcoin ETFs Might Put Significant Pressure on BTC Price, Peter Schiff Says

Prominent Bitcoin (BTC) critic Peter Schiff indicates that overheated interest in BTC ETFs in Q1 might be dangerous for orange coin

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Will Bitcoin ETF 10x the Anticipated Price Surge During BTC Halving?

The host opens by suggesting Bitcoin ETFs could “10x” the effects of Bitcoin’s upcoming halving event. ETF approval may unlock a wave of institutional investment, dwarfing previous cycles.

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BTC Price Prediction 2024: What Will Happen After Bitcoin ETFs Approval?

With the US on the cusp of potentially approving a Bitcoin ETF, analysts foresee a transformative impact on Bitcoin's value and market dynamics, attracting institutional capital and reshaping traditional exchange operations.

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Bitcoin ETFs on the Horizon: BTC Price Analysis and a New Altcoin to Watch

The prospect of SEC approval for spot Bitcoin exchange-traded funds (ETFs) has renewed optimism in the crypto community.   Major asset managers like BlackRock, Invesco, and ARK Invest have engaged in extensive talks with the SEC nowadays, signaling meaningful progress in getting Bitcoin ETFs the regulatory green light.

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BTC and ETH Brace for Volatile December as $1.9 Billion Worth of Options Expire Today

Data shows concentration in BTC options trading, while market speculates on potential approval of ETFs in January

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US Bitcoin (BTC) Spot ETF Talks at an Advanced Stage: Report

Executives from Larry Fink's BlackRock and other Bitcoin ETF applicants may have their ETFs approved soon, according to new reports. The post US Bitcoin (BTC) Spot ETF Talks at an Advanced Stage: Report appeared first on BeInCrypto.

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Bitcoin: If $44K is here, can $50K be far behind?

On the 6th of December, Bitcoin touched prices last seen in April 2022.  Optimism around spot ETFs could help propel BTC towards $50k.  Bitcoin [BTC] rose 4.88% in the past 24 hours, sittiThe post Bitcoin: If $44K is here, can $50K be far behind? appeared first on AMBCrypto.

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Bitcoin ETFs Got BTC Surging, but Tumbling Interest Rates Have Helped, Too

The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.

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How Bitcoin ETFs can slingshot BTC to $45K

Bitcoin inspired hope in the market as it crossed the $40k mark.  Trader activity reached new highs. Optimism around Bitcoin [BTC] has been at an all-time high as BTC crossed $40,000. The sThe post How Bitcoin ETFs can slingshot BTC to $45K appeared first on AMBCrypto.

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Bitcoin Spot ETF In January 2024: A New Player Just Joined The Game

In the ongoing Spot Bitcoin ETF mania, Pando has joined the race aiming to seize the opportunities that may arise following the potential approval of BTC Spot ETFs by the US SEC.   Pando Submits Spot Bitcoin ETF Filing Switzerland-based asset management company, Pando Asset has become the latest entrant into the Spot Bitcoin Exchange Traded Fund (ETF) race.

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Mike Novogratz: Bitcoin poised for flight over ATH on spot BTC ETF approval

Mike Novogratz, Galaxy Digital CEO, opined that Bitcoin could swiftly race above its 2021 all-time high once the SEC greenlights spot BTC ETFs. 

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Galaxy’s Novogratz predicts Bitcoin reaching $70k with ETF approval

Galaxy Digital founder Mike Novogratz believes the market will see a ‘pretty successful shift of psychology’ when the government allows spot Bitcoin ETFs. Bitcoin (BTC) is poised to reach its old highs a year from now, should the U.S. Securities…

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SEC Chair Gary Gensler comments on prospects for spot Bitcoin ETF

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said he is not ready to discuss approval of applications for spot Bitcoin (BTC) ETFs. Gensler, speaking on the sidelines of the Healthy Markets Association conference on Nov. 29, said he…

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Bitcoin Eyes New Highs As Bloomberg Analyst Reiterates 90% Chance Of January ETF Approval

Bitcoin (BTC), the leading cryptocurrency, is currently in an upward accumulation phase, inching closer to surpassing its current yearly high of $38,390.   This upward trend is further fueled by the anticipation surrounding the approval of Bitcoin spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC).

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Bitcoin (BTC) Price Reclaims $38,000 as SEC Delays Spot ETF Decision

The Bitcoin price rallies past $38,000 as the SEC delays its decision on key Bitcoin ETFs from Hashdex and Franklin

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First Mover Americas: Spot Bitcoin ETFs in Brazil Find Hefty Demand

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?

The race to provide a key bit of infrastructure for bitcoin [BTC] ETFs – custody services – hasn't actually been much of a race so far. Crypto exchange Coinbase has dominated so far, winning the job from the majority of applications from the likes of BlackRock, WisdomTree and Valkyrie.

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Coinbase Is Dominating a Key Bitcoin ETF Service

The race to provide a key bit of infrastructure for bitcoin [BTC] ETFs – custody services – hasn't actually been much of a race so far. Crypto exchange Coinbase has dominated so far, winning the job from the majority of applications from the likes of BlackRock, WisdomTree and Valkyrie.

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Bitcoin: What rise of wholecoiners suggests about BTC

Acquiring a Bitcoin would become more difficult in the future due to halvings and spot ETFs. As of this writing, one BTC was trading at $37,447. Owning a Bitcoin [BTC] has become a prestige The post Bitcoin: What rise of wholecoiners suggests about BTC appeared first on AMBCrypto.

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Bitcoin: Can ETF hype improve the state of BTC?

Speculation around ETFs impacting BTC's price further grew. Traders remained bearish; prices did not see much movement. Bitcoin [BTC] saw a massive surge in price over the last few months.

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'Buy the Rumor, Buy the News,' on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase

With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.

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Can BTC Price Stay Above $36,000 After SEC Delays Bitcoin ETFs?

SEC delays approval on Bitcoin ETFs to 2024, causing uncertainty; Bitcoin resilient above $36,000 amid regulatory postponements. The post Can BTC Price Stay Above $36,000 After SEC Delays Bitcoin ETFs? appeared first on BeInCrypto.

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Why the SEC Is Likely to Deny BlackRock, Global X, and Others’ Spot Bitcoin ETF Proposals

The SEC recently outlined concerns over potential Bitcoin price manipulation and fraud as reasons for delaying approval of Global X’s spot BTC ETF application. According to analyst WhaleWire, this likely foreshadows rejections for other pending spot Bitcoin ETFs like BlackRock’s.

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Bitcoin Bounces Back Following Reports Of SEC Talks With Exchanges Over Spot ETFs As Approval Window Closes

The price of Bitcoin (BTC) bounced back after tumbling below $36,000 on Friday after news dropped that the U.S. Securities and Exchange Commission has started engaging with cryptocurrency exchanges regarding myriad spot BTC exchange-traded fund applications.

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Bitcoin Dips 5% to Under $36K as Crypto Rally Runs Into Wall, Liquidating $340M in 2 Days

The SEC delaying decision about spot BTC ETFs could leave the market without a catalyst until early January, halting the crypto rally's momentum, K33 analysts said this week.

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Bitcoin Price Soars To $38,000: 5 Major Reasons

The Bitcoin price has risen as high as $38,012 (on Binance), recording a marginally higher high. Here are the main reasons for the latest surge in BTC price. #1 Euphoria Over Potential ETF Approvals The crypto market has been electrified by the possibility of the US Securities and Exchange Commission (SEC) approving several spot Bitcoin ETFs.

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Bloomberg analyst reveals realistic approval date for Bitcoin ETF

Bloomberg analyst James Seyffarth believes the SEC will again delay the decision on spot Bitcoin (BTC) ETFs. Seyffarth believes Hashdex and Franklin, whose next deadline is Nov. 17, and the Global X ETF (Nov. 21) bids will be delayed. But…

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Coinbase expects spot Bitcoin ETFs to unlock new era of crypto investment options

According to its monthly outlook report, Coinbase predicts that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will pave the way for new “compliance-friendly” financial products.

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Coinbase warns against hasty analysis of Bitcoin ETF flows

An analyst at Coinbase says there are at least three reasons why tracking cash flow into spot Bitcoin ETFs at launch will give no valuable insights for the long term. While spot Bitcoin (BTC) exchange-traded funds (ETFs) have the opportunity…

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With Bitcoin Forming a Bullish Pennant, Is the $43,000 BTC Price Zone In Sight?

Bitcoin continues to be the talk of the town based on its current bullish run after months of stagnation, thanks to heightened optimism about the approval of spot BTC exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC).

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QCP Capital optimistic about spot BTC and ETH ETFs

The Singapore-based crypto trading firm said a narrative around spot ETH ETFs should fuel market sentiment ahead of a widely anticipated green light for similar products tied to Bitcoin spot prices.

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BREAKING – Bitcoin Price Nears $38,000 As Analysts Predict SEC Nod Of BTC Spot ETFs

Bitcoin price is rocking as we speak. Charts are all in green – and speculations are high the alpha coin will soar higher in the coming days. At the time of writing, BTC has broken past the halfway point to the vaunted $38K level, hitting $37,618 based on figures by CoinMarketCap. The top crypto was […]

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Bitcoin Tops $36,700 As SEC’s First Window To Greenlight All Spot BTC ETFs Opens

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BTC Price Pushes Towards $36K Ahead of 2023's Last Approval Period for Bitcoin ETFs

The Securities and Exchange Commission (SEC) has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications this year, Bloomberg analysts wrote in a note on Wednesday.

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Bitcoin, Ethereum ETFs in Hong Kong? It may be a reality soon

Hong Kong has been considered to allow crypto ETFs. The prices of both BTC and ETH remained stable. ETFs have been a key factor in the recent positive turn of events for crypto. Initially, tThe post Bitcoin, Ethereum ETFs in Hong Kong? It may be a reality soon appeared first on AMBCrypto.

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Bernstein predicted Bitcoin’s growth to $150k by 2025

The price of the first cryptocurrency could rise to $150,000 by January 2025 due to the approval of spot Bitcoin (BTC) ETFs in the United States. As reported by CNBC, citing a Bernstein forecast, the bullish estimate for digital gold…

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Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?

The boredom ended in October as cryptocurrency prices zoomed higher, with the biggest of them all, bitcoin [BTC], posting the strongest monthly rally since January as investors were abuzz with optimism that bitcoin ETFs will soon get approved in the U.S.

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What Will Wall Street’s Bitcoin Narrative Be?

With Bitcoin ETFs round the corner, financial institutions are gearing up to promote BTC investing. The message is likely to obscure Bitcoin’s origins but could be useful for native-crypto companies, argue Dave Birnbaum and David Waugh, from Coinbits.

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Inflows into crypto investment products reach highest level in 15 months

Inflows into crypto investment products rose to a 15-month high amid the recent optimism surrounding the anticipated approval spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U. S. In its latest weekly report, CoinShares revealed that crypto investment products recorded an inflow of $326 million last week, its largest since July 2022.

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Bitcoin Spot ETF: Expert Reveals Why BlackRock DTCC Listing Is Not Important

The listing of BlackRock’s Bitcoin ETF on DTCC has raised the hopes of many crypto enthusiasts on the potential approval of spot BTC ETFs. However, a renowned ETF expert has discouraged this optimism, stating that the recent DTCC listing has no significance.

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Crypto Community Grapples With Decision to Sell or Hold Bitcoin (BTC) After Recent Rally

As Bitcoin's price rallies, the crypto community on platform X is torn between selling or holding, while industry leaders forecast a bullish market driven by recent legal triumphs and the prospect of Bitcoin ETFs.

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Galaxy Digital predicts 74% surge in BTC price after spot ETF launch

As estimated by crypto investment firm Galaxy Digital, Bitcoin is projected to see a 74.1% price increase in the first year after the U.S. launch of spot Bitcoin ETFs. In a blog post dated Oct. 24, Charles Yu, a research…

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Bitcoin Could See $14,400,000,000 Inflow From ETF Approvals, Report Highlights How High BTC Could Go

In a recent tweet, financial analyst Alex Thorn set the crypto community abuzz with his predictions about the potential impact of Bitcoin exchange-traded funds (ETFs) in the United States. Thorn’s insights, though not definitive, offer a thought-provoking perspective on the ripple effect that these investment vehicles could have on the world’s leading cryptocurrency.

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Bitcoin vs US Treasuries: Why BTC is better than VGLT, TLT, BND ETFs

Bitcoin (BTC) price has done well this year, defying earlier predictions that it would collapse in a high interest rate environment. The coin has jumped by more than 100%, outperforming the Nasdaq 100, gold, and other assets.

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MicroStrategy's Bitcoin holdings pay off, thanks to bull run

Last month, MicroStrategy added 5,445 BTC for $147.3 million. If the SEC approving spot BTC ETFs could trigger another rally, it could lead to another profitable turn for the firm. One of thThe post MicroStrategy's Bitcoin holdings pay off, thanks to bull run appeared first on AMBCrypto.

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Spot Bitcoin ETF Approvals to Push BTC Up To $73,000, Likely Adding $1 Trillion To Crypto’s Market Cap

A recent study conducted by CryptoQuant, an on-chain analytics firm, has suggested that introducing spot Exchange Traded Funds (ETFs) for Bitcoin may significantly bolster the cryptocurrency's market capitalization by approximately $1 trillion.

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