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Of the new money, BlackRock’s iShares Bitcoin Trust (IBIT) leads the way by adding 16,362 bitcoin, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with 12,112 bitcoin. Sizable exits from Grayscale’s Bitcoin Trust (GBTC), which has lost about 25,000 bitcoin, brought down the overall industry inflow. Source link
Fidelity’s FBTC hits $1B inflows, second to BlackRock’s IBIT. 10 out of the 11 approved ETFs gain $3.4B, Grayscale sees $2.2B outflows. Pullix PLX token presale gains steam as the trade-to-earn token’s value rises from $0.04 to $0.08. Fidelity’s FBTC spot bitcoin ETF has emerged as the second to surpass $1 billion in inflows, trailing […]
Will South Korea allow spot Bitcoin ETFs? The Financia Services Commission had warned brokerage firms against offering recently listed US spot Bitcoin ETFs. President’s office urges FSC to reconsider stance, noting possibility if incorporating foreign-listed products. The South Korean president’s office has urged the Financial Services Commission (FSC) to reassess its stance on the trading […]
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Sei (SEI) Sui (SUI) and THORChain (RUNE) were among biggest decliners on Thursday as Bitcoin and Ethereum struggled. Declines for BTC came amid ongoing sell-off from Grayscale, which had deposited over $1.7 billion in BTC to Coinbase Prime since January 12. The crypto market flipped red on Thursday afternoon as Bitcoin price fell below $41,500 […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]
After a decade-long wait, the United States Securities and Exchange Commission finally approved the trading spot Bitcoin ETFs. Although this event was initially expected to trigger a bull run, causing Bitcoin and other cryptos to skyrocket, some analysts suggest that the event is already priced in. As a result, savvy investors are diversifying their portfolios […]
Bitcoin (BTC) is expected to drop to as low as $40,000 despite hitting $49,000 post-SEC approval. Crypto Fear and Greed Index drops to neutral after hitting October 2023 lows. Investors seek clarity as Google searches spike 1,100%, questioning BTC’s fall. In a rollercoaster week for the cryptocurrency market, the approval of spot Bitcoin ETFs in […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of […]