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 […]
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 […]