A reaction to the news that bitcoin exchange-traded fund (ETF), one proposed by brothers and co-investors Tyler and Cameron Winklevoss, had been rejected for the second time, it was viewed as another blow to the market.
Before going further, to make it clear, the bitcoin ETF proposed by the Winklevoss brothers is different from the bitcoin ETF by investment firm VanEck and financial service company SolidX, which has triggered a wide discussion in the crypto community over the past week.
The possibility of the birth of the first bitcoin-based ETF in history has generated an overall optimism in the crypto sector as bitcoin was trading at its highest since late May.
Notably, the SEC’s reiteration on concerns over the market manipulation and surveillance is consistent with its opinions during the first rejection back in March 2017.
High expectations
With that being said, many members said they will remain optimistic about the future of a bitcoin ETF.
Grayscale, the asset management firm behind spot Bitcoin exchange-traded fund GBTC, has announced the launch of Grayscale Bitcoin Miners ETF. The new ETF, with the ticker MNRS, targets investors eyeing investment opportunities across companies offering Bitcoin mining services.
Grayscale's ETF could drive increased investment in Bitcoin mining, potentially boosting industry growth and influencing Bitcoin's market dynamics.
The post Grayscale rolls out Bitcoin Miners ETF, taps into global Bitcoin mining ecosystem appeared first on Crypto Briefing.
Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations, cut costs, and reduce market impact, marking a significant step forward in the evolution of Bitcoin ETFs.
BlackRock's iShares Bitcoin ETF launches in Canada on Cboe, offering cost-effective Bitcoin exposure with secure institutional custody.
The post BlackRock Launches its New Bitcoin ETF in Canada appeared first on BeInCrypto.
Calamos Investments has announced a new Bitcoin ETF, CBOJ, which will debut on the CBOE Global Markets on Jan. 22. According to the Jan. 6 statement, this ETF promises 100% downside protection, providing investors a risk-managed way to participate in Bitcoin’s performance.
Calamos is launching a Bitcoin ETF with 100% downside protection named CBOJ in January. The ETF combines Treasury bonds and Bitcoin options to mitigate investment risks. CBOJ offers annual protection resets and caps potential gains for risk management.
The Bitwise Bitcoin Standard Corporations ETF would invest in businesses that “hold at least 1,000 Bitcoin” Companies need to have a market capitalization of at least $100 million to be included in Bitwise’s proposed ETF KULR Technology Group started its Bitcoin Treasury strategy with the purchase of 217.
The crypto market continues to move toward innovations, with key developments driving momentum. Last week, Bitcoin spot ETF inflows skyrocketed to $2. 17 billion in just five days, highlighting growing institutional interest.
Franklin Templeton files for Bitcoin and Ether ETF as Bitcoin holds $100k. SEC approval likely in 2025 under pro-crypto leadership.
The post Franklin Templeton files for Bitcoin and Ether ETF as Bitcoin holds $100K support appeared first on Crypto Briefing.
The high Bitcoin spot ETF netflows showcased the bullish belief.
The weekly price action of BTC remained firmly bullish.
Bitcoin [BTC] saw its spot ETF approved in the U.S. on the 10th of JaThe post $1,000 in Bitcoin when the first ETF was filed - What is it worth today? appeared first on AMBCrypto.
Key Takeaways: The Grayscale Bitcoin Trust has experienced massive outflows, well beyond that of other Bitcoin ETFs. The most successful Bitcoin ETF happens to be BlackRock’s iShares Bitcoin Trust-IBIT, which is hugely in demand.
Ethereum, Bitcoin ETF trends were positive all through the past week.
BTC has dropped slightly from its ATH of $100,000, while ETH also fell below its $4,000 price level.
The Bitcoin [BTC] aThe post Bitcoin ETF inflows remain dominant, Ethereum ETFs not far behind - What's next? appeared first on AMBCrypto.
Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin spot exchange-traded fund (ETF) recorded volume trading of $5…
Since the day of its release, January 2024, Bitcoin ETF has seen a massive inflow from institutional investors, allowing it to diversify assets without owning Bitcoin on the crypto market. Bitcoin spot exchange-traded fund (ETF) recorded volume trading of $5…
Bitcoin's price surged following Donald Trump’s presidential win, nearing the $90,000 milestone.
BlackRock's Bitcoin ETF and crypto stocks reached record trading volumes amid Bitcoin’s rallThe post Bitcoin ETF inflows soar as price nears $90K - Is $100K next? appeared first on AMBCrypto.
ETF analyst Eric Balchunas said the outsized trading volume across BlackRock's spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears an all-time high.
U.S. Bitcoin exchange-traded funds have captured institutional demand after legacy firms initially expressed skepticism toward Wall Street’s new crypto asset class. American institutions have acquired $13 billion worth of spot Bitcoin (BTC) ETF shares since trading opened in January, CryptoQuant…
Bitcoin ETF продолжают терять деньги — за последние пять дней отток средств составил $288 миллионов. Третьего сентября ситуация обострилась: Grayscale Bitcoin Trust потерял $50. 4 миллиона, а Fidelity — $162.
Grayscale's significant Bitcoin outflows highlight the intense competition and shifting investor preferences in the crypto ETF market.
The post Grayscale’s GBTC down over 60% in Bitcoin holdings since ETF debut appeared first on Crypto Briefing.
Institutional and retail interest in Bitcoin ETFs signals a shift towards larger, more strategic crypto investments, enhancing market stability.
The post Bitcoin surges to $58,000 amid renewed ETF inflows appeared first on Crypto Briefing.
Bitcoin's surge highlights growing investor confidence and potential for further market gains, reflecting a shift from fear to greed.
The post Bitcoin briefly touches $65,000 amid strong ETF inflows appeared first on Crypto Briefing.
The Monochrome Bitcoin ETF will begin trading on the Cboe Australia exchange. The ETF, listed as IBTC, will have a management fee of 0.98%. Monochrome Asset Management, the issuer, provides the fund to allow investors to access Bitcoin within a…
Australia's first spot Bitcoin ETF, the Monochrome Bitcoin ETF (IBTC), is set to begin trading on CBOE tomorrow, marking a new milestone for Bitcoin adoption in Australia.
Международный хедж-фонд Millennium Management официально сообщил Комиссии по ценным бумагам и биржам США (SEC), что вложил $1,94 млрд в пять различных спотовых биткоин-ETF. Хедж-фонд диверсифицировал свои инвестиции с помощью ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETF, Grayscale Bitcoin Trust, iShares Bitcoin Trust и Fidelity Wise Origin Bitcoin ETF.
State of Wisconsin Investment Board (SWIB) has disclosed it bought almost $100 million of BlackRock’s Bitcoin ETF $IBIT. The state pension disclosed the holdings in a 13F on Tuesday. Senior ETF analyst Eric Balchunas says these filings suggest more firms are set to buy spot Bitcoin ETFs.
SWIB's significant $99M investment in the iShares Bitcoin ETF marks a notable move by the state board into crypto assets.
The post Wisconsin state holds $99 million in BlackRock’s Bitcoin ETF shares appeared first on Crypto Briefing.
Discover Wells Fargo's recent Bitcoin ETF investments, including stakes in GBTC and Bitcoin Depot, as revealed by SEC filings.
The post Wells Fargo holds Bitcoin spot ETF investments, SEC filings show appeared first on Crypto Briefing.
Global asset management company and the world’s largest Bitcoin ETF provider, Grayscale, has recorded new inflows into its Spot Bitcoin ETF, Grayscale Bitcoin Trust (GBTC). This development marks a significant milestone for the popular Bitcoin ETF provider, which has consistently experienced millions of dollars in outflows daily.
A look at the surge in Bitcoin ETF inflows on Monday as Fidelity's fund leads and Grayscale's GBTC attracts new investment.
The post Bitcoin ETF snapshot: Grayscale Bitcoin Trust records new gains, Fidelity leads daily Bitcoin ETF inflows appeared first on Crypto Briefing.
Yong Rong HK Asset Management emerges as the top holder in BlackRock Bitcoin ETF with $38M investment. Ovata emerges as biggest buyer in Bitcoin ETF market, investing $74M in various funds. Bitcoin price surpasses $61,000 amidst market dynamics, signaling resilience and potential.
BNP Paribas has made a pioneering move by investing in BlackRock's iShares Bitcoin Trust ETF, showcasing the growing acceptance of Bitcoin in traditional financial sectors.
The post Europe’s Largest Bank Buys BlackRock Bitcoin ETF Before US Wealth, Pension Funds appeared first on BeInCrypto.
American multinational investment company, BlackRock has witnessed a significant lull in investments for its Spots Bitcoin ETF, iShare’s Bitcoin Trust (IBIT). With the ETF provider recording its longest period of zero flows, there may be possibilities that investor interest in Spot Bitcoin ETFs might be waning.
Australia is poised to join the global trend of countries, including the US and Hong Kong, allowing their citizens to invest in Bitcoin exchange-traded funds (ETFs). ASX to approve Bitcoin ETFs Earlier today, Bloomberg reported that the Australian Securities Exchange (ASX) could approve its inaugural batch of spot Bitcoin ETF before the end of the […]
The post VanEck lead charge as Australia prepares for Bitcoin ETF launch appeared first on CryptoSlate.
Heavyweight ETF issuers are leading the charge to bring Bitcoin ETFs to the Australian market.
The post Australia Gears Up for Major Bitcoin ETF Rollouts in 2024 appeared first on BeInCrypto.
Quick Take Bitcoin left a significant mark on the ETF industry in 2024, with Bitcoin ETFs drawing in more than $12 billion in net inflows combined. Leading this surge is BlackRock’s iShares Bitcoin ETF (IBIT), which has accumulated over $15 billion in net inflows and stands at the forefront of this success narrative.
The BlackRock IBIT Bitcoin ETF’s monumental 71-day streak of inflows since its inception has finally come to an end, as April 24 saw zero net inflows for the fund. It reached the top 10 of the all-time ETF inflow streak chart before bowing out on a day when Bitcoin fell as much as 5.
After launching a successful Bitcoin ETF, BlackRock is now setting its sights on Saudi Arabia, aiming to tap into the kingdom's burgeoning financial market despite facing geopolitical and ethical challenges.
Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens.
Ki Young Ju, the founder of CryptoQuant, a crypto analytics platform, now says historic inflow into Bitcoin is the key driver of profitability among short-term whales, including spot Bitcoin exchange-traded fund (ETF) buyers.
Bitcoin's price surges defy a significant ETF withdrawal trend, with resilience in market performance and optimistic long-term investment indicators suggesting the bull cycle's persistence.
The post Bitcoin Surges 10% Despite $742 Million in ETF Outflows appeared first on BeInCrypto.
The Bitcoin ETF market has entered a new phase of intense competition as asset managers and issuers strive to attract clients and expand their assets under management (AUM). Amid this fee war, digital asset manager Grayscale Investments has announced its consideration of a spin-off for its spot Bitcoin exchange-traded fund (ETF), the Grayscale Bitcoin Trust […]
