Tag: ETF
$63 million inflow into Grayscale’s GBTC spot bitcoin ETF ends a 78-day outflow trend
After 78 days of nonstop withdrawals, Grayscale’s GBTC spot bitcoin exchange-traded fund saw its first-ever daily net inflows on Friday since it was converted. By May 2, GBTC had lost…
Bitwise Pursues Spot Ethereum ETF Amid Regulatory Uncertainty
Bitwise, amidst growing uncertainty surrounding the approval timeline for new financial instruments, has filed for a spot ether exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). This move…
Bitcoin ETFs Experience Continuous Outflows Amidst Record Low Inflows
In the realm of Wall Street’s spot bitcoin exchange-traded funds (ETFs), a noteworthy trend has emerged this week, marking five consecutive days of net outflows. Despite setting a new record,…
BlackRock Boosts Bitcoin Holdings Despite ETF Outflows
BlackRock, the world’s largest asset management company, has made headlines by increasing its Bitcoin holdings despite significant outflows from exchange-traded funds (ETFs). Bitcoin Holdings Increase: BlackRock has bolstered the amount…
Grayscale Ethereum Trust Discount Narrows Amidst Dim Prospects for Spot ETF Approval
The Grayscale Ethereum Trust has seen its discount shrink to -20%, marking its lowest level since November 2023. This reduction coincides with diminishing hopes within the cryptocurrency community regarding the…
Grayscale Launches Innovative Crypto Staking Fund Amid Bitcoin Highs
Grayscale’s recent launch of the Grayscale Dynamic Income Fund (GDIF) presents investors with a strategic opportunity to diversify their portfolios amid Bitcoin’s record-breaking highs. With a diverse selection of…
BTC ETFs Remain Widely Popular, Can Bitcoin Surpass Gold as a Store of Value?
The amount of assets flowing into bitcoin ETFs has surpassed half of those in the gold ETF category as net inflows into these funds continue and the price of BTC…
Ark Invest Adjusts Holdings Amid Crypto Market Shifts
Cathie Wood’s Ark Invest made strategic moves in its portfolio, reflecting the dynamic nature of the crypto landscape. On January 25, 2024, Ark Invest purchased 94,918 shares of its ARK…
Bitcoin Dominates Asset Management: Surpasses Silver in U.S. ETF Landscape
Bitcoin Exchange-Traded Funds (ETFs) have surged ahead of their silver counterparts in the U.S. in terms of Assets Under Management (AUM), marking a significant shift in investment preferences. The rapid…
VanEck Commits to Boosting Bitcoin Development with 5% ETF Profit Pledge
Investment giant VanEck has made a significant stride in supporting the foundational development of Bitcoin by announcing its pledge to donate 5% of potential profits from its proposed spot bitcoin…
Goldman Sachs Poised to Join Bitcoin ETF Arena as Authorized Participant
Goldman Sachs is reportedly gearing up to step into the crypto space by becoming an authorized participant (AP) for potential Bitcoin ETFs offered by BlackRock and Grayscale, according to insider…
SEC Likely to Reject All Bitcoin Spot ETFs in January, Triggering Market Concerns
In a departure from prevailing market sentiments, Matrixport analyst Markus Thielen predicts that the Securities and Exchange Commission (SEC) is poised to reject all bitcoin spot ETF proposals this month….
Ark Invest Adjusts Portfolio: Sells Coinbase Shares; Ventures into Bitcoin Futures ETF
In the latest strategic moves, Ark Invest, headed by Cathie Wood, has made noteworthy adjustments to its investment portfolio. The firm recently continued its selling spree of Coinbase shares, parting…
SEC Extends Evaluation Period, Delays Decision on Multiple Ethereum ETFs Until Mid-2024
In a recent announcement, the Securities and Exchange Commission (SEC) has once again deferred its decision on the Hashdex Nasdaq Ethereum ETF, extending the evaluation period until mid-2024. Despite the…
Latest updates on Bitcoin ETFs
An investment vehicle known as a Bitcoin ETF tracks the price of the cryptocurrency and gives investors exposure to it without requiring them to purchase and hold it themselves. Traditional…
For its spot trading ETF, Cboe names Coinbase as a partner for surveillance-sharing agreements
The Chicago Board Options Exchange’s (Cboe) BZX Exchange announced leading crypto exchange Coinbase as its surveillance partner for its Bitcoin spot trading Exchange Traded Fund (ETF) while refilling applications with…