2024-9-5 22:08 |
U.S. spot Bitcoin ETFs experienced significant outflows yesterday, totaling $287 million, with BlackRock being the only exception, reporting no withdrawals. origin »
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The world of cryptocurrency continues to be a hotbed of activity. Recently, Conflux (CFX)’s price retreated to $0. 287 while still up 93% this week, while Solana (SOL)’s incessant outages triggered a ballistic response from the crypto community.
2023-3-14 22:28 | |
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Another massive chunk of Shiba Inu has been incinerated, while the burn rate of the meme token has soared
2022-4-23 23:00 | |
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Dogecoin whales have become more active over the last 24 hours
2022-3-14 17:05 | |
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Whale Alert has noticed several large transactions made by Ripple and several major exchanges, carrying close to 287 million XRP
2021-9-8 14:30 | |
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Over the past twelve hours, Ripple, its major ODL platform and US trading giant Coinbase have transferred an amount close to 290 million XRP
2021-2-24 13:32 | |
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Criminals who distributed the Sodinokibi ransomware threat earned a huge payday from victims who paid the requested Bitcoin ransom. According to researchers at McAfee, who tracked down several posts published on underground forums, one particular distributor made the equivalent of $287,499 in Bitcoin in just 72 hours.
2019-10-14 17:00 | |
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The Russian government recently passed a law that seeks to allow startups to raise funds for their envisioned projects in a seamless manner. Bafin — Germany’s FSA — recently gave its seal of approval to a token sale event touted to worth $287 million.
2019-7-29 18:40 | |
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Bitcoin Magazine South Korea Preparing to Approve Spot Bitcoin ETFs in Crypto Policy Pivot South Korea is moving to approve spot bitcoin ETFs this year as part of a broader crypto policy shift that pairs regulated market access with stricter stablecoin rules and expanded use of blockchain in public finance.
The introduction of Spot Bitcoin exchange-traded funds (ETFs) in the United States marked a historic milestone for the cryptocurrency market. These Spot Bitcoin ETFs, which first went live in the US on January 11, 2024, have had massive success in just one year, making them the greatest ETF launch in history.
Hopefully, SEC Commissioner Hester Peirce isn’t playing when she says she’ll reconsider in-kind redemptions for spot bitcoin ETFs.
Following the approval of options trading on BlackRock’s Bitcoin ETF (exchange-traded fund) on Nasdaq, it was only a matter of time until the United States Securities and Exchange Commission (SEC) authorized ETF options trading on other exchanges.
Market analyst and President of the ETF Store Nate Geraci has backed the US-based spot Bitcoin ETFs to overtake the Gold ETFs in terms of cumulative net flows. This projection comes amidst a staggering performance by these Bitcoin ETFs in the past few days where they have attracted over $2 billion in weekly netflows.
Spot Bitcoin ETFs are on a bitcoin accumulation rampage.
Since their approval in January 2024, Spot Bitcoin ETFs have been steadily gaining traction in the United States, with the issuers buying hundreds of thousands of BTC as their popularity spread. This has led to a large stash of BTC by these issuers as BlackRock leads the charge.