April 18th, 2025
Bitcoin ETF News - Page 13
Crypto Startups Funding Hits $100B Mark since 2014
By Bena Ilyas
June 17th, 2024
The first quarter of 2024 proved to be a strong period for crypto fundraising, with a total of $2.4 billion secured across 518 deals, marking a 40.3% increase from the previous quarter.
Cryptocurrency Adoption Surges in Hong Kong as Brokerages Integrate Virtual Asset Trading
By Temitope Olatunji
June 14th, 2024
To attract more participants, brokerage firms have set a low entry fee of as little as $100.
Bernstein Predicts Bitcoin (BTC) Price to Reach $1M by 2033
By Godfrey Benjamin
June 14th, 2024
Gautam Chhugani and Mahika Sapra from Bernstein also believe that the digital currency could reach a circle-high of $200,000 by 2025.
Bitcoin (BTC) Price Slips Below $67K, Signaling Potential Decline toward $60K amid Heightened Whale Activity
By Steve Muchoki
June 14th, 2024
While Bitcoin (BTC) has been regarded as exponential gold, its recent growth has significantly slowed down, thus increasing the divergence between adoption and underlying value.
Bitcoin ETFs See $226M Outflow, BlackRock Only Fund with Inflows
By Bena Ilyas
June 14th, 2024
Fidelity’s FBTC, the once-hot ETF, bore the brunt of the selling pressure, seeing its second-largest net outflow day ever with $106 million leaving the fund.
10X Research Asks Investors to Avoid Ethereum amid Fed Rate Cut Uncertainty
By Bhushan Akolkar
June 13th, 2024
10x Research stated that amid the ambiguity surrounding the Fed rate cuts for 2024, it believes that Bitcoin is better placed over altcoins, and inflows in ETFs are likely to continue.
Bitcoin (BTC) Supply on Crypto Exchanges Hits Multi-year Low amid Heightened Whale Demand
By Steve Muchoki
June 13th, 2024
The accelerated Bitcoin (BTC) purchases by institutional investors and some nation-states have reduced the overall selling pressure on centralized exchanges.
Bitcoin ETFs See $101M Net Inflows amid Flat CPI Report
By Bena Ilyas
June 13th, 2024
Even with positive inflation data, the Federal Open Market Committee (FOMC) decided to keep the federal funds rate target range at 5.25% to 5.50% during their June meeting.
Spot Bitcoin ETFs See $200M Outflow before FOMC Meeting
By Bena Ilyas
June 12th, 2024
The upcoming FOMC meeting and the release of actual CPI data could significantly impact investor confidence and influence the net flow trend for Bitcoin ETFs.
Historic Surge in Bitcoin Futures Net Short Positions as BTC Approaches $65K Support
By staff writer
June 12th, 2024
Bitcoin is hovering around $67,000 as investors await significant updates from the United States. Today, the Federal Open Market Committee (FOMC) meeting results and the latest Consumer Price Index (CPI) data are set to be released.
MetaMask Unveils Pooled ETH Staking Service, US and UK Customers Exempted
By staff writer
June 11th, 2024
During its initial phase, MetaMask’s pooled staking service will cater to a limited user base, with plans for wider accessibility in the future.
US Spot Bitcoin ETFs See Outflows after 19 Consecutive Days of Cash Inflows
By Steve Muchoki
June 11th, 2024
The US spot Bitcoin ETFs registered a net outflow of about $65 million on Monday, coinciding with the crypto selloff in the past 24 hours.
Haruko Taps Stacks to Bring Crypto Services to Institutional Investors
By Godfrey Benjamin
June 11th, 2024
The Stacks-Haruko alliance is the latest push towards the integration of traditional finance and DeFi, a move that is fast becoming a trend.
Analyst Predicts that Ether ETFs Could Bite 20% Out of Bitcoin ETF Flows
By Mayowa Adebajo
June 10th, 2024
The analyst believes that fund managers will now be seeking to reallocate resources.
Cross Light Capital and Affin Bank to Launch Malaysia’s First Crypto Fund for ETFs
By Tolu Ajiboye
June 10th, 2024
Two financial stakeholders in Malaysia have partnered to give citizens access to cryptocurrency, through digital asset exchange-traded funds for BTC, ETH, and blockchain-related companies.