Bitcoin's Nearest Rival Ether Sustains Surge on US ETF Speculation – Yahoo Finance
(Bloomberg) — Ether has captured the attention of cryptocurrencies with its biggest gain in more than a month. The jump was in conjunction with speculation about the prospects for a U.S. exchange-traded fund (ETF) application to open the token. Most Read Articles on Bloomberg The second-largest digital asset was trading at around $3,710 as of […]
Bitcoin ETF activity to remain robust until the halving: Santiment – Cointelegraph
Spot Bitcoin exchange-traded fund (ETF) flows are likely to remain high until the Bitcoin halving at the end of this month, according to on-chain analytics firm Santiment. The blockchain data firm observed that Bitcoin ETF volume has not slowed down since hitting an all-time high in mid-March. to add “Trader activity remains significantly higher than […]
Bitcoin: ‘Good time in ETF land’ means you should replace gold with BTC? – AMBCrypto News
Bitcoin ETF’s $12 billion success may be a sign of mainstream acceptance BTC’s ability to provide returns without too much volatility is also gaining recognition. The recent success of the Bitcoin ETF, which raised $12 billion in just two months after approval, highlights the rapid growth and acceptance of cryptocurrencies in mainstream finance. In a […]
South Korean party bets on US Bitcoin ETF access for votes – Cointelegraph
South Korea’s major political parties are promising crypto-related incentives to secure voter support ahead of the upcoming parliamentary elections. according to According to a Bloomberg report on April 5, the opposition Democratic Party has vowed to remove restrictions on domestic and foreign exchange traded funds (ETFs) that directly hold virtual currency tokens, including US Bitcoin […]
New ETF looks to profit from municipal bonds – CNBC
A new ETF is looking to capitalize on the municipal finance space. Joanna Gallegos of BondBloxx is behind the IR+M Tax-Aware Short Duration ETF (TAXX). This ETF has been on sale for less than a month. “When you think about a municipal bond portfolio, I really want people to think beyond that and look for […]
What Makes JPMorgan Confident in Ethereum ETF Success – BeInCrypto
JPMorgan is confident about the U.S. Securities and Exchange Commission’s (SEC) final green light for its Spot Ethereum exchange-traded fund (ETF). Despite earlier this year pegging the chance of approval by May as less than 50%, optimism persists within the company. Increased probability of Ethereum ETF approval Nikolaos Panigirtzoglou, managing director and global market strategist […]
Bitcoin: How $12 billion in ETF inflows and yields changed crypto-adoption – AMBCrypto News
Bitcoin ETFs attracted large inflows and played a key role in market expansion. Despite the challenges, ETFs are exploring crypto yield opportunities, signaling a shift in strategy. As recent reports show, the state of liquidity in the cryptocurrency market has evolved significantly. bloomberg. This suggests that the market has surpassed the immediate liquidity gap and […]
Ark Invest's spot bitcoin ETF sees daily net outflow of $87 million – The Block
Ark Invest 21Shares’ ARKB fund recorded net outflows of $87.5 million on Tuesday, the highest since its debut, according to SoSoValue data. This amount exceeds Grayscale’s outflow from GBTC, which recorded $81.9 million on the same day.Just on Monday, ARKB experienced a net outflow. first time Since debut. It is worth noting that ARKB has […]
Bitcoin halving or ETF flows: What will drive BTC to $195K? – AMBCrypto News
Thanks in part to the flow of spot BTC ETFs in the US, BTC rose +68% in the first quarter of 2024. Krueger estimated that this flow could push BTC to $195,000 by the end of 2024. Bitcoin [BTC] It posted an impressive performance in Q1 2024 thanks to flows from the new US spot […]
SEC's spot Ether ETF concerns unfounded, Consensys asserts – Cointelegraph
ConsenSys has responded to a U.S. Securities and Exchange Commission (SEC) investigation into potential fraud and manipulation risks regarding Ethereum’s proof-of-stake system, specifically the Spot Ether Exchange Traded Fund (ETF). by comment letter It has been submitted ConsenSys, the blockchain and Web3 software developer responsible for the popular MetaMask wallet, told regulators that concerns about […]