Bitcoin’s volatility takes center stage as the BlackRock iShares Bitcoin ETF (IBIT) outpaces MicroStrategy’s impressive holdings, marking a seismic shift in the cryptocurrency landscape. MicroStrategy Trails As BlackRock Leads The Charge BlackRock’s iShares Bitcoin ETF (IBIT) has swiftly overtaken MicroStrategy in the race for Bitcoin supremacy. In just under two …
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The recent surge in cryptocurrency markets, led by Bitcoin (BTC), which hit a new all-time high (ATH) of $69,300 on Tuesday, has sparked a notable rebound in a bond issued by US-based crypto exchange company Coinbase. The convertible bond, initially sold during the pandemic as demand for tech and growth …
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Steering through a sea of change in the crypto market, the investment game is experiencing a seismic shift. Spot Bitcoin ETFs already exist, signaling Bitcoin’s leap into mainstream finance and knitting it closer to conventional investment fabrics. We’ll look at the tip of the iceberg trying to imagine its true …
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The cryptocurrency market is abuzz with anticipation as multiple issuers vie for a spot on the Ethereum ETF landscape. Following the successful launch of spot Bitcoin products, the quest for Ether-based investment vehicles has gained momentum. However, the path ahead is fraught with challenges, as the US Securities and Exchange …
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If you understand why bitcoin is an asset to hold for the long term, you may also wonder how to take advantage of retirement tax structures to minimize your tax expenditures. There are many different ways to approach holding bitcoin in an IRA, and as with everything in bitcoin, each …
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Coinbase, one of the leading cryptocurrency exchanges, has formally responded to the Securities and Exchange Commission (SEC) regarding the proposal for a spot Ethereum Exchange-Traded Fund (ETF). Paul Grewal, Coinbase’s Chief Legal Officer, announced through social media platform X that the company submitted a comprehensive 27-page response, complete with 96 …
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In a recent development, VanEck, a registered investment adviser and issuer of Bitcoin Exchange Traded Funds (ETFs), has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a civil penalty of $1.75 million to settle charges related to its failure to disclose the involvement …
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The investment landscape is witnessing a seismic shift as Exchange-Traded Funds (ETFs) focused on Bitcoin garner unprecedented inflows, starkly contrasting with the significant outflows from gold ETFs. This trend underscores a growing investor appetite for digital assets over traditional safe havens, marking a pivotal moment in asset allocation strategies. Gold …
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Cryptocurrency analyst, and professional game designer, Chad Steingraber has delved into the impacts of an XRP Exchange Traded Fund (ETF) on the value of XRP. Steingraber has provided a detailed analysis of how the approval of an XRP ETF could trigger a significant price increase for the cryptocurrency. XRP ETF …
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The crypto revolution was finally taken to new heights when the SEC approved 11 Bitcoin spot ETFs in January 2024. Global investors flooded in like never seen before, adding almost $5 billion of inflows on the first day of trading. As a result, the crossover between traditional finance and digital …
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In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his predictions on the influence of Bitcoin Exchange-Traded Funds (ETFs) inflows. As NewsBTC reported, Grayscale’s GBTC outflows have slowed down significantly …
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In a groundbreaking development for the crypto sector in Hong Kong, Harvest Fund Hong Kong, a prominent player among China’s fund companies, has taken a huge step by submitting an application for a Bitcoin spot Exchange Traded Fund (ETF) to the Hong Kong Securities and Futures Commission (SFC). This move, …
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