Traders swoop on bitcoin 'cash and carry' trade after ETF launches – Financial Times
Unlock Editor's Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Futures traders are jumping on the arrival of the first U.S. spot Bitcoin exchange-traded fund, stepping up lucrative bets on volatile movements in crypto-related prices. The number of Bitcoin futures contracts open at Chicago's CME Group rose […]
Bitwise Becomes First Spot Bitcoin ETF Provider to Provide Wallet Address – CoinDesk
Crypto asset management firm Bitwise on Wednesday became the first of 10 spot Bitcoin exchange-traded fund (ETF) issuers to publicly release digital wallet addresses. The company is based in San Francisco Tweeted a screenshot This shows the Bitcoin address and holdings (11,858 Bitcoin) of the Bitwise Bitcoin ETF (BITB) as of January 23rd. “Everyone can […]
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs – CoinDesk
Activities of ProShares Bitcoin Strategy ETF (BITO), the world's leading Bitcoin (Bitcoin) Futures-based exchange-traded funds (ETFs) have cooled significantly since the launch of ETFs that invest directly in cryptocurrencies began trading in the United States on January 11. Just over $500 million worth of BITO stock was transferred to the NYSE on Thursday, 75% from […]
This Week in Coins: Despite ETF Hype, Bitcoin and Ethereum Plunge Hard – Decrypt
Illustration by Mitchell Preffer of Decrypt. More than a week after the launch of the Spot Bitcoin Exchange Traded Fund (ETF), the cryptocurrency market is in trouble. Over the past week, Bitcoin (BTC) has lost more than 10% of its value. according to To CoinGecko. The largest digital coin by market capitalization currently costs $41,002. […]
SEC Punts Fidelty Spot Ethereum ETF Decision to March – Decrypt
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on Fidelity's proposed Spot Ethereum ETF to March 5th. According to Thursday filingthe SEC specified a “longer period for taking action on proposed rule changes” in order to have “sufficient time to consider the proposed rule changes and the issues raised […]
Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities – CoinDesk
Silver has been around since dying stars began spewing out the metal billions of years ago. Bitcoin is 15 years old, but it's already a big deal in the US ETF market. The Bitcoin ETF had more assets than the silver ETF at the moment of its approval by the U.S. Securities and Exchange Commission […]
Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day – CoinDesk
bitcoin price (Bitcoin) It fell another 4.5% on Thursday to a one-month low of $40,800. The decline is roughly in line with the CoinDesk 20 Index, which tracks the world's largest and most liquid cryptocurrencies, which is currently down 4.6% over the past 24 hours. Since the newly approved Spot Bitcoin ETF began trading on […]
The early winner in the bitcoin ETF race has raked in $1 billion – CNBC
Traditional asset management giants are all set in the race to gain a foothold in Bitcoin exchange-traded funds after a strong first week of results. As Bernstein analyst Gautam Chughani highlighted in a note to clients on Thursday, BlackRock's iShares Bitcoin Trust (IBIT) was one of the first spot Bitcoin ETFs approved last week. has […]
Bitcoin surpasses silver to become second largest ETF commodity in the US – The Block – Crypto News
After just one week of trading, Bitcoin ETFs have surpassed silver ETFs in terms of assets under management in the US. ”Bitcoin BTC +0.08% “In the US, ETFs have outperformed silver ETFs in terms of size due to the tremendous interest they have received from the market,” Jag Cooner, head of derivatives at Bitfinex, told […]
China's Sudden Stock Rally Points to ETF Buying by State Funds – Yahoo Finance
(Bloomberg) — Chinese stock benchmarks rallied in afternoon trading, with volume surging in some major exchange-traded funds (ETFs), prompting speculation that buying by state-run funds could be behind the reversal. is increasing. Most Read Articles on Bloomberg The Huatai Pine Bridge CSI 300 ETF's trading value soared to 15.3 billion yuan ($2.1 billion) on Thursday, […]