VanEck Cuts Spot Bitcoin ETF Fees to Zero for One Year – Unchained – Unchained
VanEck announced that it will waive fees for investing in Spot Bitcoin ETFs until March 31, 2025, unless assets under management reach $1.5 billion by that date. VanEck will temporarily lower management fees for its Spot Bitcoin Exchange Traded Fund (ETF) to zero until March 2025. shutter stock Posted on March 12, 2024 at 2:06 […]
Bitcoin keeps record highs in sight as ETF inflows persist By Investing.com – Investing.com
©Reuters Investing.com — Stocks traded just below record highs in Asian trading on Tuesday, continued support from steady inflows into spot exchange-traded funds approved earlier this year. The world’s largest cryptocurrency rose 5.6% to trade at $72,156.6 by 22:51 ET (02:51 GMT), close to its all-time high of $72,771 hit on Monday. was maintained. Bitcoin’s […]
Bitcoin ETF Surge Leads Crypto Funds to Record-Breaking $2.7 Billion in Weekly Gains – Decrypt
Why is Bitcoin’s price hitting new highs? One reason is that so much cash is flowing into investment products, giving people exposure to the asset. And that propelled another record week for crypto funds. Last week, a record was set with digital asset management company CoinShares’ cryptocurrency fund receiving a record $2.7 billion inflows. Said […]
BlackRock's IBIT spot bitcoin ETF inflows cross $10 billion – The Block
BlackRock’s IBIT Spot Bitcoin exchange-traded fund on Friday surpassed $10 billion worth of net inflows in just two months. IBIT’s $10.03 billion in total outflows is nearly enough to offset the $10.55 billion in total outflows from Grayscale’s convertible GBTC fund alone. This compares with the $10.1 billion worth of inflows from the other eight […]
BlackRock Bitcoin ETF now holds more BTC than MicroStrategy – Cointelegraph
BlackRock’s Spot Bitcoin exchange-traded fund (ETF) has surpassed MicroStrategy’s crypto holdings. According to data compiled by BitMEX Research, BlackRock’s IBIT hold Approximately 40 trading sessions have taken place since the Securities and Exchange Commission approved nine new funds on January 10th, with 197,943 Bitcoins valued at over $13.5 billion as of March 8th. Excluding Grayscale’s […]
Coinbase Met With SEC Over Grayscale's Proposed Ethereum ETF – Decrypt
America’s largest cryptocurrency exchange met with the Securities and Exchange Commission last week over Grayscale’s proposed Spot Ethereum (ETH) exchange-traded fund. Publicly traded Coinbase made a presentation to Wall Street’s top regulator where it discussed Grayscale’s proposed product, according to a document filed Wednesday by the regulator. show. In October, crypto fund manager Grayscale filed […]
Bitcoin rally pushes BlackRock ETF over $10bn in record time – Financial Times
Stay informed with free updates Just sign up for Exchange traded investment trust myFT Digest — delivered straight to your inbox. BlackRock’s Bitcoin exchange-traded fund has reached $10 billion faster than any U.S. ETF in history, boosted by a bull market that continues to send the world’s largest cryptocurrency to record heights. BlackRock’s iShares Bitcoin […]
BlackRock’s IBIT spot bitcoin ETF hits record daily inflow of $788 million – The Block
BlackRock’s IBIT Spot Bitcoin exchange-traded fund on Tuesday hit an all-time high above $69,000, with Bitcoin hitting a record high of $788.3 million in daily inflows for the first time since November 2021. Yesterday’s inflows into IBIT were 30% higher than the all-time high of $603.9 million set on February 29, according to BitMEX Research, […]
BlackRock Bitcoin ETF Sets New Record With $3.8 Billion In Trading Volume – Decrypt
BlackRock’s new Bitcoin fund is so popular that the iShares Bitcoin Trust (IBIT) today set a new trading day record, attracting nearly $3.8 billion in volume. nasdaq data show IBIT’s trading volume was $3.75 billion, breaking the previous record of $3.3 billion set just last week. This trading action comes after Bitcoin prices hit new […]
Bitcoin ETF inflows hit $562 million as BTC price eyes new high – Cointelegraph
The U.S.-based Spot Bitcoin exchange-traded fund (ETF) traded 562,000 BTC on March 4, as the price of BTC topped $68,000 and moved closer to the cryptocurrency’s all-time high of about $69,000. It recorded a net inflow of $1 million. This was the third-highest day of inflows into the Spot Bitcoin ETF since it began trading […]