April 21st, 2025
Bitcoin ETF News - Page 30
JPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly
By Godfrey Benjamin
January 26th, 2024
The JPMorgan analysts highlighted BlackRock and Fidelity Investment’s spot Bitcoin ETFs as emerging competitors to GBTC.
Matrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking
By Tokoni Uti
January 26th, 2024
Q1 has been predicted to be challenging for Bitcoin according to Matrixport, with the price expected to dip to around $36,000 and then recover.
US Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road
By Bhushan Akolkar
January 26th, 2024
The US government confiscated Bitcoin holdings associated with the Silk Road marketplace in two instances, first in Memphis, Tennessee, on February 10, 2021, and then in Arlington, Virginia, on May 11, 2021.
Swan Bitcoin Unveils New Mining Unit as It Prepares for Public Listing
By Tolu Ajiboye
January 26th, 2024
Swan Mining, the recently unveiled unit, plans to add 3 more mining farms to the 7 existing, taking the total hashpower to 8 exahash.
Bakkt Expands Capabilities to New Markets
By Tokoni Uti
January 25th, 2024
For the near future, Bakkt is also eyeing expansion in the UK and Australian markets.
SEC Chair Pours Cold Water on Chances of Spot Ethereum ETF Approval
By Bhushan Akolkar
January 25th, 2024
The SEC chair said that the Bitcoin ETF approval stays limited to one commodity, hinting that the agency isn’t thinking of approving an Ethereum ETF. Also, the agency delayed its decision on BlackRock’s spot Ethereum ETF.
Bitwise Unveils Wallet Addresses for Holdings in Spot Bitcoin ETF
By Chimamanda U. Martha
January 25th, 2024
Bitwise’s initiative marks a significant development in the industry, with the company becoming the first among spot Bitcoin ETF issuers to release Bitcoin addresses for its investment vehicle.
Franklin Templeton’s Bitcoin ETF Aims to Win Over Advisors and Investors
By Chimamanda U. Martha
January 24th, 2024
Franklin Templeton is one of the leading financial services companies in the United States and its primary focus lies in collaborating with financial advisors and wealth platforms to provide solutions to clients.
Analysts Anticipate Further Price Dip as Bitcoin (BTC) Decline Affects Solana, Avalanche, Others
By Temitope Olatunji
January 23rd, 2024
While short-term sentiment remains negative, most experts do not see this decline as doom just yet. A recovery in Bitcoin price is expected to increase investors’ confidence in altcoins too.
BTC Price Tanks to $39,000 Despite Bitcoin ETFs Amassing 100K BTC
By Bhushan Akolkar
January 23rd, 2024
Nine new spot Bitcoin ETFs have accumulated over 100,000 BTC, valued at $4 billion AUM. BlackRock’s IBIT leads with 40,213 BTC.
Spot Bitcoin ETF Fees War Escalates to Europe-based Fund Managers
By Steve Muchoki
January 23rd, 2024
The approval of 11 spot Bitcoin ETFs in the United States has given investors around the world more diversity to tap into the Bitcoin market, thus heightening underlying fee wars.
Grayscale’s GBTC Sees $640M Outflow in One Day amid ETF Bear Market
By Godfrey Benjamin
January 23rd, 2024
The approval of spot Bitcoin ETFs was anticipated to be a positive catalyst for Bitcoin’s price. However, the reality has been starkly different, with Bitcoin experiencing a decline.
SIM Swap Attack Led to US SEC’s Fake Bitcoin ETF Approval Tweet
By Bhushan Akolkar
January 23rd, 2024
The unidentified individual gained access through a SIM swap, followed by a password reset, as the SEC lacked 2FA. These two steps granted complete control over the account.
Crypto Traders Liquidated Over $157M amidst Rising Volatility
By Chimamanda U. Martha
January 22nd, 2024
The heightened volatility has triggered the liquidation of almost $30 million worth of leveraged Bitcoin positions.
Hong Kong Crypto Exchange OSL Eyes First Spot Crypto ETFs by Mid-2024
By Bhushan Akolkar
January 22nd, 2024
Crypto exchanges in Hong Kong prepare for launching spot Bitcoin ETFs as regulators pave the way for these investment products.