The eagerly anticipated Hong Kong Bitcoin ETF market is scheduled to commence trading on Tuesday, marking a significant milestone in the increasing adoption of the leading cryptocurrency and building upon the success of the US ETF market. With their approval, the newly regulated index funds are poised for a noteworthy …
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In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift in trading dynamics. After an impressive streak of 71 consecutive days of inflows, IBIT recorded zero inflows during Wednesday’s trading session, marking the first time in nearly three …
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Bitwise, currently the fourth-largest spot Bitcoin ETF issuer in the United States, with assets under management totaling $1.778 billion, has published a series of stunning predictions for the Bitcoin landscape leading up to the 2028 halving. These projections are not only grounded in past data and trends but also reflect …
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Asset manager Blackrock has emerged as the frontrunner in the Bitcoin ETF race in terms of inflows with its IBIT ETF, which is increasingly attracting institutions’ attention as a key development showing its success. Many fund managers have flocked to invest in BlackRock’s ETF, signaling a growing interest in digital …
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Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded funds (ETFs) for both cryptocurrencies in Hong Kong. Additionally, Solana addressed its …
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Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a …
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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As Hong Kong’s Bitcoin ETF is fast approaching, new applications have …
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The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange Commission (SEC), with a deafening silence from the agency fueling anxieties. Jan van Eck, …
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At the recent Paris Blockchain Week, running from April 9-11, Ripple CEO Brad Garlinghouse shared the stage with Xrpl Commons CEO David Bchiri, shedding light on a range of topics pertinent to Ripple and the broader XRP ecosystem. Key discussions focused on the prospect of a spot Exchange Traded Fund …
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The Bitcoin price has seen a notable fluctuation, briefly surpassing $72,500 on Monday before dipping below the $70,000 threshold on Tuesday. This movement can be attributed to a risk-off sentiment among investors, largely in anticipation of the latest US Consumer Price Index (CPI) figures today. Following a low of $68,200 …
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China’s financial giants Harvest Fund and Southern Fund have recently filed applications to launch a new spot Bitcoin ETF, according to local media outlet Securities Times. Harvest Fund And Southern Fund Spearhead Bitcoin ETF Push In China Despite China’s historical skepticism towards Bitcoin and cryptocurrencies, leading funds are now actively …
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Australian asset manager Monochrome recently announced the application with Cboe Australia to list a Bitcoin exchange-traded fund (ETF) in Q2 2024. The “strategic move” of its flagship product to Cboe aims to deepen the firm’s reach around the Asia-Pacific region. A Change of Plans: From ASX To Cboe In July …
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