
April 18th, 2025
In addition to the decreased demand for Bitcoin ETFs, analysts also pointed to a slowdown in Bitcoin demand among institutional investors as a contributing factor to the market downturn.
Despite these recent outflows, the accumulated total net inflows for the US-listed spot BTC ETF products stand at nearly $60 billion.
Hong Kong previously listed three futures-based crypto ETFs in late 2022.
The partnership is centered on making HGI’s crypto spot ETF available by leveraging MetaComp’s Client Asset Management Platform (CAMP).
Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios.
The trading of spot Bitcoin ETFs in Hong Kong, which begins tomorrow, will further strengthen the long-term bullish sentiment.
Australia’s foray into Bitcoin ETFs signifies a growing global acceptance of cryptocurrencies as legitimate investment vehicles.
OSL chairman of the board and CEO Patrick Pan said in a statement that the approval of the crypto ETFs in Hong Kong is seen as a “major enhancement” for the country’s financial economy.
BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT.
The much-anticipated Bitcoin halving event on April 20 was expected to trigger a price surge but failed to deliver the anticipated impact. Instead, Bitcoin saw a subsequent 15% drop.
The KPMG report shows that Canadian institutional investors who would hold crypto directly have increased to 75% in 2023, against 29% in 2021.
April 24 marked the first-day IBIT experienced zero inflows, concluding its remarkable streak of positive trend.
Bitcoin’s decline to $64,000 had a widespread impact on the overall market, particularly affecting altcoins, which experienced larger drops than BTC.
Morgan Stanley allows its brokers and advisors to pitch Bitcoin ETF as investments but with strict “guardrails” in place.
The debate on whether Ethereum should be classified as a security or not holds significant implications for the potential approval of an Ethereum ETF