Bitcoin ETF
Morgan Stanley Bets BIg on Crypto with $270 Million GBTC Stake
In a sign of growing mainstream adoption, financial giant Morgan Stanley revealed a hefty $269.9 million investment in Bitcoin through Grayscale’s GBTC trust, as disclosed in its first-quarter 13F filing....
Bitcoin Nears All-Time High on Renewed Institutional Demand
Bitcoin prices rallied into bullish territory fueled by a surge in spot Bitcoin ETF inflows and a 7% price increase over the past day. This positive movement comes on the...
Millennium Leads Wall Street Charge into Bitcoin ETFs
A surge of hedge funds and asset managers, including industry giant Millennium Management LLC, have poured in significant capital into the spot Bitcoin Exchange-Traded Funds (ETFs) approved in the United...
Hong Kong Bitcoin ETFs Hit by Record Outflows; $32M Withdrawn in 1 Day
Hong Kong’s six spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced their largest net outflows of $38 million on Monday since their inception on April 30. The trio of spot...
Ohio State’s Bitcoin Blunder As Public Pushback Unleashes Crypto Conundrum
As per Bloomberg report, the commencement speech at THE Ohio State University took a controversial twist as crypto entrepreneur Chris Pan’s remarks on Bitcoin were met with boos and jeers...
Bitwise Powers Spot BTC ETF Market With $11.5409 Million Net Daily Inflow
The net inflow of Bitcoin spot Exchange Trust Fund (ETF) on May 8, 2024, was $11.5409 million. Citing Soso Value’s data, famous blockchain and crypto journalist Colin Wu noted that...
Susquehanna International Group Invests $1.3 Billion in Bitcoin ETFs
In a recent development, Susquehanna International Group, a global quantitative trading firm, revealed that the firm holds about $1.3 billion in investments in 10 Spot Bitcoin Exchange Traded Funds (ETFs)...
Hong Kong Debuts First $1 Billion ETF Liquidity Fund
Hong Kong has taken a major step towards solidifying its position as a digital asset hub with the launch of its first-ever ETF liquidity fund. The $1 billion HKD (approximately...
Bitcoin Spot ETFs Thrive with $217M Inflows in Single Day
Wu Blockchain reports significant net inflows into Bitcoin spot ETFs on May 6, totaling $217 million. Grayscale’s ETF, GBTC, saw a notable single-day net inflow of $3.937 million, while Fidelity’s...
Bitcoin ETFs Record First Weekly Inflow of $343M Amid Bitcoin $63K Rebound
The U.S. Bitcoin spot exchange-traded fund (ETF) has witnessed the first positive fund flow after seven consecutive days of trading with negative flow. More remarkable, Grayscale’s Bitcoin Trust (GBTC) recorded...
U.S. Bitcoin ETFs See Record $563M Outflow Despite Fed’s No Rate Hike
On Wednesday, U.S.-based spot bitcoin exchange-traded funds (ETFs) witnessed increased selling pressure, hitting a record outflow of $563 million since their inception on January 11. Data from CoinGlass revealed that...
Bitcoin Market Sees Sell-Off Before FOMC Meeting
The Bitcoin market experienced a wave of selling pressure yesterday, with Bitcoin ETF outflows reaching a weekly high of $162 million. This comes just a day before the highly anticipated...
BlackRock Bitcoin ETF Registers Zero Inflow for Fourth Straight Trading Day
The U.S. Bitcoin spot exchange-traded fund (ETF) market has recorded the fourth consecutive day of negative inflow. Publicly available records have shown that on Monday, April 29, U.S. Bitcoin spot...
ChinaAMC’s Bitcoin and Ether ETFs Excel: IOP Totals $142 Million
Fund management company ChinaAMC has reportedly exhibited a remarkable IOP (initial offering period) scale, totaling approximately US$142 million. As per Chinese crypto reporter Colin Wu’s X post on Wu Blockchain...
HashKey Aims to “Green” ETFs’ Bitcoin Blocks, Partners GreenBTC.Club
In an official post, HashKey Group, a digital asset financial services group in Asia, announced its strategic collaboration with GreenBTC.Club. The alliance envisions the launch of the “Bitcoin ETF Greening...
Ripple Team Shares Insights on Bitcoin ETF’s Impact on Self-Custody
A recent article shared by cryptocurrency giant Ripple highlights the critical role of custodians in managing ETFs. Custodians are responsible for the security, accessibility, and regulatory compliance of the Bitcoins...
Renowned Investor Spots Compelling Trend Among Bitcoin ETF Buyers
A foremost Bitcoin investor, Lark Davis, has observed a compelling trend among BlackRock Bitcoin ETF investors. In a recent post on X, the renowned investor noted that BlackRock Bitcoin ETF...
Morgan Stanley Allows 15,000 Brokers to Recommend Bitcoin ETF Purchase
A recent report revealed Morgan Stanley’s plans to explore the expanding Bitcoin exchange-traded funds (ETFs) market. The firm reportedly plans to allow its 15,000 brokers to encourage customers to purchase...
Hong Kong To Establish Crypto Hub, Starts ETF Trade on April 30
In a recent development, HashKey Exchange announced that the platform had completed the first crypto subscription for Hong Kong Bosera International and HashKey Capital’s Bitcoin spot ETF and Ethereum spot...
Hong Kong To List Bitcoin and Ether ETFs in April
Hong Kong is poised to introduce a series of cryptocurrency exchange-traded funds (ETFs), taking a cue from the United States’ efforts. Hong Kong wants its tier 1 level cities to...
BTC Rallies Amid Increasing ETF Net Inflow Days After Bitcoin Halving
Data from Soso Value, the platform for ETF data aggregation, shows that the total net inflow of Bitcoin spot ETF on Monday, April 22, was $62.0899 million. Significantly impacting this...
Hong Kong Set to Launch Asia’s First Bitcoin Spot ETFs On Monday
Hong Kong regulators may approve Bitcoin and Ethereum spot ETF on Monday. At least four Chinese and Hong Kong asset managers have filed to launch crypto spot ETFs. Hong Kong...
GBTC Daily Outflow Drops to Record $17M as Grayscale CEO Predicts Equilibrium
GBTC experienced a $17.5 million outflow. The figure marks a record low in outflows for the ETF. Grayscale Investments’ CEO noted the company’s funds are nearing equilibrium with their outflows....
Breaking: Hong Kong Set to Launch Spot Bitcoin ETFs on April
Approval of spot Bitcoin ETFs in Hong Kong signals a significant shift in the region’s financial landscape. A limited number of licensed crypto exchanges pose challenges for investors interested in...
VanEck CEO Asks to Focus on Gas Fees Over Bitcoin and Ethereum ETFs
VanEck’s CEO prioritizes transaction fees over Bitcoin and Ethereum ETFs in the crypto industry. Solana and Layer 2 solutions offer cheaper and more predictable transaction costs for developers. Jan Van...
