The Bitcoin market has faced a tumultuous period recently, marked by significant fluctuations and a growing connection with traditional financial markets. Investors, drawn to the potential of cryptocurrencies, have had to navigate a challenging landscape as the global economy faces…
Exposure of How 8 Bitcoin ETFs Sold $287 Million BTC, and Blackrock Sold $0
A recent observation in the crypto market is how other ETF funds are recording massive outflows. However, Blackrock is the only ETF fund that is buying more Bitcoins instead of selling the ones they have. In this article, we will…
Hedge Funds Drive Bitcoin ETF Growth Amid Volatility
Hedge funds, traditionally known for their sophisticated investment strategies and risk management techniques, have increasingly begun to allocate capital into the world of cryptocurrency, specifically Bitcoin. This shift in investment strategy represents a significant moment in financial history as more…
Bitcoin ETF Grows as Wall Street Sees $17 Billion Inflows
The cryptocurrency market is witnessing rapid growth following the recent approval of Ether ETFs by US regulators. This decision has triggered a rush of new filings from asset managers eager to capitalize on this momentum. Bitcoin, the world’s leading cryptocurrency,…
DigitalX to Launch Bitcoin ETF on Australia’s Major Stock Exchange
DigitalX Ltd. is set to launch a Bitcoin exchange-traded fund (ETF) on Australia’s main stock market under the ticker BTXX on July 12. This ETF, established in partnership with K2 Asset Management and 3iQ, follows recent approvals for similar products.…
US Crypto Market Rises with Bitcoin ETFs and $61B Funds
The US crypto market is undergoing a dramatic transformation with the launch of Bitcoin ETFs by financial giants like BlackRock Inc. and Fidelity Investments. These ETFs, which have rapidly amassed $61 billion in assets, are reshaping trading patterns to align…
Major Financial Firms Invest $3.5 Billion in Bitcoin ETFs
Over the past week, the financial world has been buzzing with news of major investments in spot Bitcoin exchange-traded funds (ETFs) by prominent investment firms. According to the 13F filings submitted to the United States Securities and Exchange Commission (SEC),…
JPMorgan Chase Reveals Holdings in Spot Bitcoin ETFs Through SEC Filing, in spite its CEO Jamie’s critic on Bitcoin
In a recent filing with the Securities and Exchange Commission (SEC), JPMorgan Chase, the largest bank in America, has disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). This revelation provides specific insights into the bank’s holdings of spot Bitcoin…
BNY Mellon Enters Bitcoin ETF Market as SEC Approves 11 Funds
BNY Mellon, the oldest bank in America and the largest asset custodian bank globally, has announced its foray into the world of cryptocurrencies. Through a recent quarterly filing with the U.S. Securities and Exchange Commission (SEC), it has been revealed…
ARK 21Shares Bitcoin ETF Sees Historic Daily Outflow Surpassing Grayscale With $87 Million Withdrawn
Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) experienced a historic daily outflow of over $87 million on April 2. This marked the first time that the fund witnessed a larger daily outflow than Grayscale’s Bitcoin Trust (GBTC) since the…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
