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
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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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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First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows
The latest price moves in crypto markets in context for July 9, 2024.
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Jul 9, 2024 at 12:01 p.m. UTC
Jul 9, 2024
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Bitcoin ETF Traders Buy the Dip With Nearly $300M Inflows
Net inflows on Monday were the highest since early June, data shows, with Blackrock’s BTC ETF taking on almost $190 million.
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Jul 9, 2024 at 6:59 a.m. UTC
Jul 9, 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
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Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst
The world's largest crypto has now declined 14% over the past four weeks.
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Jul 3, 2024 at 1:31 p.m. UTC
Jul 3, 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
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Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck
The fund will provide investors exposure to bitcoin by investing in the VanEck Bitcoin Trust ('HODL') which is a United States ETF listed on the Cboe BZX Exchange, Inc (Cboe).
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Jun 17, 2024 at 2:36 p.m. UTC
Jun 17, 2024