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At press time, Bitcoin trades at $67,260 marking a 3.57% rise over the past day. Bitcoin transaction volumes remain subdued despite the resurging BTC value. Bitcoin Dogs await token claiming and exchange listing with bated breath. Bitcoin (BTC) has surged back into the spotlight, with its price hitting a high of $67,744 in the past […]
The weak price action comes as U.S.-listed spot bitcoin ETFs have suffered what’s now four consecutive days of net negative flows. To be sure, nearly all the funds continue to see inflows, but each day this week, they’ve not been nearly enough to offset massive outflows from the Grayscale Bitcoin Trust (GBTC). On Thursday, GBTC […]
Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund (ETF), ARKB, said the asset manager is focused on emerging markets and the macro environment worldwide, which has been “shocked” by the U.S. Federal Reserve’s increase in interest rates, she said during a fireside chat at the Friday Bitcoin […]
Bitcoin Dogs (0DOG) has officially closed its presale. What next after the world’s first BRC-20 ICO raises $13.4 million? 0DOG price in the last presale stage was $0.0404 – can it reach $1 in 2024? The Bitcoin Dogs (0DOG) presale officially closed on Friday March 15, 2024. The project’s pioneering ICO on the Bitcoin network […]
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency. Source link
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund. Source link
Cetera has released policy and guidance on spot Bitcoin ETFs for professional financial advisors. The wealth management firm has picked four spot Bitcoin ETFs for the over 12,000 financial advisors on its platform. Cetera pick is BlackRock’s IBIT, Invesco Galaxy’s BTCO, Franklin Templeton’s EZBC and Fidelity’s FBTC. Cetera Financial Group, a wealth management firm with […]
Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio. An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs. The firm plans to allocate $200 million to Bitcoin ETPs. Patient Capital Management, a prominent asset management firm with $1.4 billion in assets under management, has updated […]
First Trust was one of the first to file for a BTC ETF, and was rejected by the SEC in January 2022. Source link
Renowned investment bank Morgan Stanley aims to add a spot Bitcoin ETF to its brokerage platform. The organization’s interest in offering Bitcoin (BTC) ETFs was sparked by the Securities and Exchange Commission’s (SEC) approval on January 10. Morgan Stanley is set to become the first broker-dealer platform to list ETFs when a spot Bitcoin ETF […]