In the latest X Post, Nate Geraci, the President of ETF Store, has drawn special attention to BTC ETFs, noting that the Bitcoin exchange-traded funds (ETFs) are closely approaching 1 million Bitcoins in total holdings as they are just about 23,000 away from holding 1,000,000 BTC. The ETFs would need …
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Less than a year after their launch, spot Bitcoin ETFs have recorded unprecedented growth, boosting investors’ interest and demand for the largest cryptocurrency. A recent report by Binance Research, the research arm of the global cryptocurrency exchange, revealed that bitcoin ETFs have accumulated over 938,000 BTC, worth $63.3 billion. This …
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Bitcoin has assumed its biggest price lead in recent history over the altcoin ecosystem, leaving Ethereum – its perennial number 2 – in the dust. The market capitalization of the OG crypto is now over $1 trillion greater than its runner-up, which has hit its lowest price point against its …
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In case it wasn’t already obvious, Bitcoin exchange traded-funds (ETFs) are hot—with demand for the products smashing all expectations. Data from Bloomberg shows that of the 575 ETFs launched this year, 14 of the top 30 products have been either new Bitcoin or Ethereum funds, with the top four spots …
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Bitcoin exchange-traded funds (ETFs) showed mixed activity over the past two days, following a net outflow of $79.1 million on Oct. 22 that ended a seven-day inflow streak totaling over $2.4 billion since Oct. 14. On Oct. 23, ETFs registered a net inflow of $192.4 million. The iShares Bitcoin Trust …
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Institutional investors now hold approximately 20% of all US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs), according to recent data. CryptoQuant CEO and founder Ki Young Ju revealed that the latest 13F Form filings show that institutional investors hold over 193,000 BTC via Bitcoin ETFs as of Oct. 18. He also …
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At the same time, Bitcoin (BTC) continues to perform well, with the $70,000 milestone within reach. Should positive sentiment lead to capital flowing into altcoins, Ethereum and Solana are expected to be the primary beneficiaries. The investment firm has articulated its bullish outlook in a recent Medium post. It outlined …
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BlackRock’s IBIT Defies Bitcoin ETF Outflow Day With $329 Million in Inflows
by Martin Youngby Martin YoungInvestors purchased a whopping 4,869 BTC worth $329 million through BlackRock’s iShares Bitcoin Trust (IBIT) on Oct. 21. The move came as crypto markets retreated and competing spot Bitcoin exchange-traded funds in the United States saw outflows. All other funds aside from Fidelity’s saw zero or negative flows, resulting in the …
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Bitcoin ETFs have already made a multi-billion-dollar splash on Wall Street this year. But analysts say a new wave of institutional interest could roll in as options are added to the mix following recent regulatory approvals. On Friday, the Securities and Exchange Commission (SEC) approved the listing and trading of …
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Crypto ETFs Look Unlikely to Expand Beyond Bitcoin, Ether Under Kamala Harris, Experts Say
by Helene Braunby Helene BraunCrypto ETFs beyond bitcoin (BTC) and Ethereum’s ether (ETH) are unlikely to be approved under a Kamala Harris presidency, two ETF experts say. There are applications for ETFs tracking Ripple’s XRP and Solana (SOL), and if Donald Trump wins the U.S. presidential election, their approval odds could improve significantly, the …