April 21st, 2025
Bitcoin ETF News - Page 29
BlackRock’s BTC ETF Outpaces Grayscale’s GBTC on This Front
By staff writer
February 2nd, 2024
Fidelity’s Wise Bitcoin Fund (FBTC) and BlackRock’s IBIT have posted $6 billion in cumulative inflows in the past three weeks.
Valkyrie Investments Successfully Adds BitGo as Second Bitcoin ETF Custodian
By Steve Muchoki
February 2nd, 2024
The Valkyrie Bitcoin Fund (BRRR) is the first spot BTC ETF to have two custodians including Coinbase and BitGo in a bid to ensure optimal security and higher competitiveness.
Hong Kong Financial Giant VSFG Applies for Spot Ethereum ETF
By Bhushan Akolkar
February 2nd, 2024
VSFG is aiming for a second-quarter submission for a spot Ethereum ETF. However, it shall happen subject to the approval and listing of its spot Bitcoin ETF in the first quarter.
Spot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance
By staff writer
February 1st, 2024
Spot BTC ETFs enjoy bullish momentum based on consecutive cumulative net inflows despite BTC’s short-term pullback after the US Fed’s rate decision.
BlackRock Proposes Bitcoin ETF Ads on Former Banks
By Tokoni Uti
February 1st, 2024
Ads for BlackRock’s Bitcoin ETF will be projected onto closed bank buildings, as per a new filing. The ads will show major milestones in the financial world, including the creation of Bitcoin.
BlackRock and Fidelity Bitcoin ETFs Give Grayscale Tough Fight in Trading Volumes
By Bhushan Akolkar
January 31st, 2024
On Tuesday’s market close, BlackRock and Fidelity recorded trading volumes of $383 million and $288 million, while Grayscale maintained the lead with $396 million.
Standard Chartered Believes ETH Will Hit $4,000 Following SEC Approval of ETF by May 23
By Tolu Ajiboye
January 31st, 2024
According to Standard Chartered, an ETH ETF approval will come from the SEC in May, and could possibly pump ETH price to $4,000.
US Bitcoin ETFs Attract $255 Million in Investments
By Chimamanda U. Martha
January 30th, 2024
While Grayscale’s GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day.
Invesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors
By Mercy Tukiya Mutanya
January 30th, 2024
This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then.
Anthony Scaramucci: Bitcoin Will Reach $170,000 After Halving 2024 Fueled by Institutional Demand
By Steve Muchoki
January 30th, 2024
As BTC established a bullish cycle every four years, Scaramucci believes Bitcoin price will rally 4X at the time of halving.
Bitcoin Price Shoots to $43,500 as BTC ETF Inflows Outpace Net Outflows
By Bhushan Akolkar
January 30th, 2024
Fidelity’s spot Bitcoin ETF recorded more inflows than GBTC outflows on Monday. All eyes are currently on the FOMC meeting ahead this week as investors’ keenly watch Fed’s take on rate cuts.
Vanguard Calls BTC Immature Asset Class While Rejecting Bitcoin ETFs
By Bhushan Akolkar
January 29th, 2024
Vanguard executives said that the company usually focuses on long-term stability instead of short-term trends as the reason behind rejecting the Bitcoin ETF offering.
Analysts Anticipate Charles Schwab to Enter Bitcoin ETF Market Soon
By Chimamanda U. Martha
January 29th, 2024
Charles Schwab has demonstrated an increasing interest in the crypto space following initial skepticism towards the emerging economy.
Harvest Fund Submits Spot Bitcoin ETF Application in Hong Kong
By Godfrey Benjamin
January 29th, 2024
Apart from Harvest Fund Management, other companies in Hong Kong are actively exploring the possibility of launching spot Bitcoin ETFs.
Bitcoin (BTC) Price Rebounds Above $41K as Grayscale Outflows Slow Down
By Godfrey Benjamin
January 26th, 2024
According to data from BitMEX Research, GBTC witnessed a decrease in outflows, with $394.1 million on January 25, down from $429.3 million on Wednesday and $515.3 million on Tuesday.