Spot Bitcoin ETFs scoop up another 10,600 BTC on day 5 – Cointelegraph
The Spot Bitcoin exchange-traded fund (ETF) issuer added an additional net 10,667 Bitcoin (BTC) to its crypto stack on the fifth business day amid rising trading volumes. Data compiled by X (formerly Twitter) account CC15Capital on January 17 shows that by the end of the day, a net amount of $440 million in Bitcoin had […]
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say – CoinDesk
Headwinds to Bitcoin (Bitcoin) Despite the early success of some US-listed spot exchange-traded funds (ETFs), stock prices continue to linger, which could contribute to price declines in the coming days. Bitcoin prices have fallen as much as 15% since the long-awaited ETF listing last week, with outflows from Grayscale's Bitcoin Trust product said to be […]
ProShares files for 5 Bitcoin ETFs with indirect exposure – Cointelegraph
ProShares, a leading issuer of exchange-traded funds (ETFs) in the United States, announced the launch of multiple Bitcoin (BTC) ETFs with indirect BTC exposure, as spot trading of Bitcoin ETFs begins on local stock exchanges. I'm working on raising it. According to a Jan. 16 filing with the U.S. Securities and Exchange Commission (SEC), ProShares […]
Bitcoin Price Outlook: Bulls Target $100K After SEC Approves Spot ETFs – Markets Insider
The SEC approved 11 spot Bitcoin ETFs this week. The cryptocurrency is up 70% since October, and bulls believe it could rise further with the watchdog's announcement. Many expect the price of Bitcoin to exceed six digits by the end of 2024. Thank you for registering! Access your favorite topics in a personalized feed on […]
Bitcoin tumbled after ETFs launched. What it means for crypto miners – CNBC
Investors in Bitcoin mining stocks are keeping a close eye on the cryptocurrency's price after the Securities and Exchange Commission's move to allow spot Bitcoin ETFs became selling news. The flagship currency briefly reached $49,000 after the ETF received regulatory approval last week. However, as the week progressed, Bitcoin erased its earlier gains, posting a […]
Bitcoin ETFs trading surges amid Gary Gensler’s SEC warning
Despite SEC Chairman Gary Gensler's warning to investors to think twice before pouring money into crypto products, the volume of the newly approved Spot Bitcoin ETF on Friday declined from its launch. It soared to more than $5 billion in just two days. After years of controversy over legality, the SEC approved 11 exchange-traded funds […]
Wall Street firms block client access to new spot Bitcoin ETFs
Check out what's being clicked on FoxBusiness.com A handful of Wall Street's biggest firms are blocking retail investors from accessing a new “spot” Bitcoin ETF, a FOX Business investigation has found. Vanguard, the world's second-largest asset manager after BlackRock, and financial advisors Merrill Lynch, Edward Jones, and Northwestern Mutual are among the 11 listed investments […]
Bitcoin ETFs Start With a Bang: $4.5 Billion on Day One of Trading – Decrypt
First day of newly minted spot Bitcoin ETF It's in the books and it did not disappoint. The freshman BTC fund cleared $4.5 billion worth of trading volume and achieved several outstanding milestones. If that sounds like a big number, that's because it is. Despite the uproar, market players across the board did not expect […]
SEC Approves First Spot Bitcoin ETFs, Signaling Major Shift in Crypto Regulation
The U.S. Securities and Exchange Commission (SEC) has reportedly approved the first Spot Bitcoin exchange-traded fund (ETF), marking a major step forward in the integration of cryptocurrencies into mainstream financial markets. financial times newspaper report The Securities and Exchange Commission’s recent decision to approve a Spot Bitcoin ETF signals a significant change in the commission’s […]
As Crypto X cheers Bitcoin ETFs, guess who hasn't posted in over 24 hours – Cointelegraph
As crypto advocates celebrate the historic approval of a physical Bitcoin (BTC) exchange-traded fund (ETF) on January 10, X (formerly Twitter) remains silent on its platform. There is one user. Over the past day, tens of thousands of crypto users on X flooded the platform to celebrate the approval of the Spot Bitcoin ETF. The […]