Tariff threats from US President Donald Trump disrupted BTC’s bullish momentum, putting bulls’ chance of securing $110,000 before a $13.8-billion options expiry at risk.
Latest Bitcoin ETF News
Exchange-traded funds, or ETFs, are investment funds that trade on a stock market with their value derived from an underlying basket of assets such as stocks, bonds, commodities and other financial instruments. They provide investors with easier exposure to a particular index of assets.
A Bitcoin ETF is similar, but the underlying asset is the Bitcoin (BTC) cryptocurrency rather than other traditional financial instruments. Bitcoin ETFs could provide institutional investors an easier way to buy into Bitcoin and crypto markets, thus making it more attractive to the broader investment community.
BTCetc, or Bitcoin Exchange Traded Crypto (BTCE), launched on Deutsche Börse Xetra in June 2020 as the first Bitcoin ETF available in the European market. ProShares Bitcoin Strategy ETF (BITO) was the first Bitcoin-linked ETF approved by the United States Securities and Exchange Commission (SEC). It launched in October 2021. Canada approved the world’s first spot Bitcoin ETF, Purpose Bitcoin ETF (BTCC), in February 2021.
As of October 2023, U.S. regulators had not approved a spot Bitcoin ETF, with the SEC expressing concerns about market manipulation, fraud, custody and investor protection in their hesitancy to approve such applications.
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Bitcoin price may have reached a short-term top, but this could open the door to a long-awaited altcoin season.
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Rising institutional adoption, record inflows to the spot ETFs and Bitcoin’s strong performance are set to redefine BTC’s role in the modern portfolio.
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US spot Bitcoin ETFs may surpass their monthly record of $6.49 billion in May if momentum continues.
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Bitcoin surpassed Amazon in market capitalization, hitting $2.205 trillion and marking a symbolic milestone that experts say could boost mainstream investor confidence.
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Trading volume for BlackRock’s spot Bitcoin ETF surged to its highest level since January, when Bitcoin hit a peak that it held for months.
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Bitcoin’s rally looks sustainable thanks to $1.37 billion in spot ETF inflows and marginal BTC futures liquidations.
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Bitcoin price rallied to a new all-time high and if it holds, select altcoins look ready to follow.
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Blackstone reported holding just over $1 million worth of shares in BlackRock’s spot Bitcoin ETF as of March 31, its first ever crypto-related purchase.
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Fidelity’s Jurrien Timmer says Bitcoin’s rally back to six-figure territory strengthens its store-of-value status, making it comparable to investing in gold.
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The biopharmaceutical company bought $1 million of Bitcoin and other cryptocurrencies, taking its total crypto holdings to $4.5 million.
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US crypto funds marked their fifth consecutive week of positive inflows, fully recovering from a $7 billion sell-off in February and March.
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Bitcoin margin longs dropped, but options and ETF flows point to strong bullish sentiment from professional investors.
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Lawyers for Eric Council Jr. had requested a sentence of one year and one day, while the US government asked for two years.
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Bitwise chief investment officer Matthew Hougan said that a Bitcoin supply shock is coming, driven by heightened demand from institutions.
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