Bitcoin needs to address scaling as ETFs drive momentum – Cointelegraph
Bitcoin Drive Chain proponent Paul Stork believes that mainstream acceptance of BTC will increase the need for increased scalability and functionality in its infrastructure. In a wide-ranging interview with Cointelegraph, Stork discussed the pros and cons of the high-profile approval of a Bitcoin (BTC) exchange-traded fund (ETF) in the U.S., and how institutional money will […]
Spot Bitcoin ETFs 'stepping stone' toward bringing new TradFi use cases – Cointelegraph
The approval of the Spot Bitcoin Exchange Traded Fund (ETF) was a historic milestone for the sector. But Sheraz Share of the Solana Foundation says this is only a “stepping stone” towards integrating blockchain-based systems with traditional finance. Scheer, head of payments at the Solana Foundation, argued that the Bitcoin (BTC) ETF spot is important […]
JPMorgan says GBTC sell-off 'behind us' as ETFs post record net outflow – Cointelegraph
Investors have likely finished taking most of their profits from Grayscale Bitcoin Trust (GBTC), easing pressure on Bitcoin (BTC) prices, according to JPMorgan analysts. There is a possibility that This comes after daily net outflows from U.S. physical Bitcoin exchange-traded funds (ETFs) hit a record high on their ninth day of trading. Analysts led by […]
9 spot Bitcoin ETFs buy 100K BTC in 7 days after launch – Cointelegraph
Grayscale's Bitcoin (BTC) exchange-traded fund (ETF) released more than 80,000 BTC in just a few days after lunch trading, while nine other spot BTC exchange-traded funds (ETFs) released more than 100,000 BTC. Piled up. According to ETF data tracked by Cointelegraph, there are nine Bitcoin spot ETFs, including Bitcoin ETFs such as BlackRock's iShares Bitcoin […]
Bitcoin ETFs post $76 million in net outflows on 'bad' seventh day of trading – Cointelegraph
The Spot Bitcoin (BTC) exchange-traded fund (ETF) recorded net outflows of $76 million in its seventh day of trading, according to new data from Bloomberg ETF analyst James Seifert. In a Jan. 23 post on He pointed out that Latest news: BlackRock numbers released. #bitcoin ETF Coin Tacky Derby. Day with the third highest inflow […]
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 […]
Bitcoin ETFs amass 95,000 BTC in 6 days, approaching $4B AUM – Cointelegraph
The recently approved Spot Bitcoin (BTC) exchange-traded fund (ETF) now holds a total of 95,000 Bitcoins after six full days of trading, with assets under management (AUM) approaching $4 billion. . in data disclosed Capital inflows into the recently launched ETF exceeded outflows from the Grayscale Bitcoin Trust (GBTC), according to Eric Balchunas, senior ETF […]
Bitcoin ETFs had their first week of trading. Here's who's winning and losing. – MarketWatch
After about a week of trading, BlackRock is leading inflows into spot Bitcoin exchange-traded funds as investors weigh a group of similar ETFs launched on the same day. “It's clear that BlackRock is off to a pretty strong start out of the gate,” Aniket Ural, head of ETF data and analysis at CFRA Research, said […]
As bitcoin ETFs continue fight for assets, here's where they all stand – Blockworks
Ten spot Bitcoin ETFs were launched on January 11th. Eight days later, two funds topped the list in terms of net inflows: BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity Investments' Wise Origin Bitcoin Fund (FBTC). BlackRock's assets for sale reached $1 billion in four trading days, while Fidelity's fund reached that milestone on the fifth […]
Grayscale CEO says most of the 11 approved bitcoin ETFs won't survive, defends highest fees in industry – CNBC
Michael Sonnenschein attends the 2022 Forbes Iconoclasm Summit held at the New York Historical Society on November 3, 2022. Arturo Holmes | Getty Images Entertainment | Getty Images DAVOS, Switzerland — Michael Sonnenshein, CEO of Grayscale Investments, told CNBC: largely [says all 11 in the headline, summary and key point though] Some of the approved […]