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 […]
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 […]