April 18th, 2025
Bitcoin ETF News - Page 25
Fidelity’s Bitcoin ETF Achieves Record $405 Million Inflow
By staff writer
March 5th, 2024
The influx of investments into Bitcoin ETFs, culminating in a total of $563 million on March 4, signifies a robust institutional endorsement of cryptocurrency.
VanEck Europe Eyes Major Income from Crypto
By Tokoni Uti
March 5th, 2024
VanEck Europe’s CEO has said that the company plans to have half of its income coming from cryptocurrency.
Grayscale’s BTC Holdings Drop by 33% since GBTC ETF Conversion
By Benjamin Njiri
March 5th, 2024
Before the conversion on January 11, GBTC held 624.28K BTC but this amount has since dropped to 434.36K BTC as of March 4.
BlackRock and Fidelity’s Spot Ethereum ETF Application: SEC Delays Decision, Seeks Public Input
By Temitope Olatunji
March 5th, 2024
The SEC’s decision to seek public comment on the proposed ETFs is a strategic move, as it allows the regulatory body to gather insights and address potential concerns regarding fraud, manipulation, and the intricacies of Ethereum’s transaction validation process
Stanford University’s Blyth Fund Embraces Bitcoin
By Mayowa Adebajo
March 5th, 2024
Kole Lee, the leader of Stanford’s Blockchain Club, had pitched Blyth Fund to invest in BlackRock’s spot Bitcoin ETF in early February.
Coinbase Crashes Twice in One Week amid Heightened Crypto Demand
By Steve Muchoki
March 5th, 2024
Coinbase announced that it had registered 10x higher traffic than previously anticipated thus making some customers see zero balances but the issue had since been resolved.
Bitcoin Price Shoots Past $65,000 amid Boost in BTC Futures Open Interest
By Bhushan Akolkar
March 4th, 2024
The massive Bitcoin price rally in 2024 is majorly due to the continuous inflows into the Bitcoin ETFs launched in January.
Bitcoin Closes February Up 44%, Analysts Predict Further Rally
By Godfrey Benjamin
March 1st, 2024
A report by JPMorgan forecasts a potential correction in BTC price to as low as $42,000 following the April halving when miner rewards will be halved for the fourth time in Bitcoin’s history.
Blackrock’s IBIT among Top 3 US ETFs by Flows, Hit $10B in AUM
By Benjamin Njiri
March 1st, 2024
IBIT saw over $500M in inflows between February 27 and 29.
Vanguard CEO Tim Buckley to Retire by End of 2024
By Chimamanda U. Martha
March 1st, 2024
With Buckley stepping down, it remains to be seen if his successor will continue in his footsteps or open the doors for innovation.
Bitwise CIO Matt Hougan: Spot Bitcoin ETFs Could Soon See Even Bigger Wave of Cash Inflows
By Steve Muchoki
March 1st, 2024
Hougan noted that major wirehouses will soon drive the Bitcoin demand to the roof as the supply gets reduced during the halving event.
BofA’s Merrill and Wells Fargo to Offer Spot Bitcoin ETFs to Clients
By Bhushan Akolkar
March 1st, 2024
A representative from Wells Fargo has verified that spot Bitcoin ETFs have been accessible for unsolicited purchases post-SEC approval.
BlackRock Partners with B3 to Launch Bitcoin ETF in Brazil
By Godfrey Benjamin
March 1st, 2024
The success of the BlackRock iShares Bitcoin Trust IBIT in the United States serves as a testament to the growing appetite for crypto investment products.
Mike Novogratz Says Bitcoin (BTC) Will Become Larger than Gold
By Chimamanda U. Martha
March 1st, 2024
The billionaire CEO described the current market level as “frothy”, noting that BTC is experiencing a price discovery phase with the arrival of the ETFs, bringing in “a new army” to test the market.
Grayscale Urges SEC to Let Users Trade Options on Its GBTC ETF
By Tolu Ajiboye
March 1st, 2024
Grayscale CEO Sonnenshein ask the SEC to approve options for GBTC, adding that the Commission has already approved same for futures ETFs.