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Hong Kong to launch Asia’s first inverse Bitcoin ETF – Cointelegraph

On July 23, the CSOP Bitcoin Futures Daily (-1x) Inverse product (7376.HK), Asia’s first Bitcoin futures inverse product, will be launched in Hong Kong. A new exchange-traded fund (ETF) from CSOP Asset Management, one of China’s largest asset managers, aims to give investors a way to profit from falling Bitcoin (BTC) prices. The development follows […]

Boom in Bitcoin ETFs: Over $17 billion in net inflows – Cointribune EN

6:40pm 3 Takes a few minutes to read ▪ Micaiah A. The democratization of Bitcoin through ETFs is in full swing. These financial instruments have been a remarkable success and allow investors to turn to regulated investments. Currently, Bitcoin ETFs are seeing record inflows, indicating growing enthusiasm for this cryptocurrency. In this article, we explore […]

US Bitcoin ETFs see record $17B in net inflows – Cointelegraph

In a landmark achievement, a U.S. Bitcoin spot exchange-traded fund (ETF) recorded cumulative inflows of over $17 billion, setting a new record. According to the data Monitored Net inflows were driven primarily by BlackRock’s IBIT, which alone brought in $18.968 billion, according to Far Side Investors, while Fidelity’s FBTC also contributed significantly with $9.962 billion […]

Bitcoin could soon reach 70,000 dollars! – Cointribune EN

13:30▪ 3 Takes a few minutes to read ▪ Luc Jose A. At the center of the volatile cryptocurrency market, Bitcoin has shown remarkable resilience. The price of the cryptocurrency asset has recently shown impressive signs of recovery. This movement has coincided with a notable increase in inflows into the Spot Bitcoin ETF. Encouraging price […]

Bitcoin large sellers 'exhausted' as $67K price holds – Cointelegraph

Bitcoin whales are easing up on the selling pressure as the cryptocurrency continues to gain strength over the past seven days and remains above $67,000. “Bitcoin’s big sellers are exhausted and valuation metrics are showing positive momentum,” CryptoQuant head of research Julio Moreno wrote in a July 20 Xinhua News Agency post. postThis refers to […]