BTC Outperforms Broader Crypto Market, Ether Price Drop Mirrors Bitcoin ETF Launch
AAVE is surging following a token buyback proposal.
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Jul 26, 2024 at 9:11 a.m. UTC
Jul 26, 2024
Bitcoin ETF
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What is a bitcoin ETF? They are a relatively easy-to-purchase investment vehicle that owns bitcoin (BTC), the original cryptocurrency. Just like stocks, exchange-traded funds are listed on exchanges, can be traded throughout the day and are available for purchase through normal brokerage accounts. A bitcoin ETF was first proposed in the U.S. around 2013 by Cameron and Tyler Winklevoss, but were never approved by the U.S. Securities and Exchange Commission. Several applications for them are pending with the SEC as of January 2024, from companies including BlackRock, Grayscale, Fidelity, Galaxy/Invesco and Franklin Templeton. If approved, crypto ETFs could dramatically broaden the base of people who can invest in digital assets. There have been bitcoin futures ETFs available in the U.S. for several years, but the latest round of proposed products, technically known as spot bitcoin ETFs, are a more efficient and desirable product.
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Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility
Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.
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Jul 24, 2024 at 9:22 a.m. UTC
Jul 24, 2024
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BlackRock's Spot Bitcoin ETF Draws $526M in Net Inflows
BTC failed to take out key price resistance despite huge inflows into BlackRock's IBIT.
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Jul 23, 2024 at 6:12 a.m. UTC
Jul 23, 2024
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Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.
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Jul 19, 2024 at 5:48 p.m. UTC
Jul 19, 2024
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Bitcoin ETF Traders Bought the Dip and Now Are Buying the Rebound as Inflows Topped $300M Monday
It was the seventh consecutive day of net inflows for the U.S.-based spot funds.
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Jul 16, 2024 at 4:43 p.m. UTC
Jul 16, 2024
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BlackRock’s Larry Fink: Bitcoin Is ‘Legitimate Financial Instrument'
The company's iShares Bitcoin Trust (IBIT) added roughly $4 billion in assets in the second quarter.
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Jul 15, 2024 at 3:57 p.m. UTC
Jul 15, 2024
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Australian Securities Exchange Gives Green Light to DigitalX's Bitcoin ETF
DigitalX Bitcoin ETF will trade on the ASX as BTXX
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Jul 9, 2024 at 6:15 a.m. UTC
Jul 9, 2024
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Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M
The price of the world's largest crypto has seen a very modest bounce since tumbling below $54,000 early Friday.
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Jul 6, 2024 at 2:23 p.m. UTC
Jul 6, 2024
VanEck's Spot Bitcoin ETF Goes Live on Australia's Biggest Stock Exchange
The VanEck Bitcoin ETF rose 1% on its debut after trading 99,791 shares.
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Jun 20, 2024 at 9:30 a.m. UTC
Jun 20, 2024
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Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
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Jun 19, 2024 at 10:00 a.m. UTC
Jun 19, 2024