A lot can change in the cryptocurrency market within the span of a week and it indeed did in the past seven days. It was just last Friday when bitcoin was struggling to remain above $60,000 after another leg down, but the landscape is quite different now. The changes started …
Read More »Bitcoin ETFs Record Third Day Of Inflows, Price Tops $66,000 read full article at worldnews365.me
In another remarkable day for cryptocurrency investments, US-based spot Bitcoin Exchange Traded Funds (ETFs) witnessed a substantial influx of capital, totaling $257.3 million on Thursday. This significant inflow marks the third consecutive day of large-scale investments into these funds, signaling a robust and returning interest among institutional and retail investors …
Read More »ETFSwap (ETFS) Crosses 4,000 Users With $1.5 Million Raised read full article at worldnews365.me
[PRESS RELEASE – Singapore, Singapore, May 15th, 2024] ETFSwap (ETFS), an emerging decentralized cryptocurrency and Exchange-Traded Funds (ETFS) platform, has achieved a series of significant milestones, marking a historic moment in its development and presale. With the support and confidence of thousands of users and investors worldwide, this ground-breaking platform …
Read More »Who’s Buying The Bitcoin ETFs? Bitwise CIO Shares Insights read full article at worldnews365.me
In a new memo, Matt Hougan, Bitwise Chief Investment Officer Matt Hougan offered a detailed analysis of the early adopters of Bitcoin Exchange-Traded Funds (ETFs) based on 13F filings with the SEC. His insights underscore a significant embrace of Bitcoin ETFs by professional investment firms, heralding a potential shift in …
Read More »Expert Flags Dangers Of Spot Bitcoin ETFs: Labels Them ‘Orange FOMO Poker Chips’ read full article at worldnews365.me
Market expert and researcher Jim Bianco recently voiced cautionary remarks regarding the alleged risks of spot Bitcoin ETFs. Bianco’s insights shed light on these ETFs’ implications for the market and address specific concerns related to investor behavior. Minimal Involvement In New Bitcoin ETFs? In a thought-provoking social media post on X …
Read More »Bitcoin ETFs Set To Hit Australia’s Stock Exchange In 2024 read full article at worldnews365.me
Australia is poised to welcome a series of spot Bitcoin exchange-traded funds (ETFs) on its main stock exchange by the end of 2024, mirroring initiatives previously seen in the United States and Hong Kong. Key players in the financial industry, including Van Eck Associates Corp. and BetaShares Holdings Pty, are …
Read More »Oldest US Bank Invests In Bitcoin ETFs, SEC Filing Shows read full article at worldnews365.me
The Bank of New York Mellon Corporation (BNY Mellon), the oldest and one of the largest banks in the United States, has disclosed its investments in Bitcoin Exchange Traded Funds (ETFs). According to its recent Securities and Exchange Commission (SEC) filings, BNY Mellon has acquired stakes in spot BTC ETFs …
Read More »SEC Anticipated To Reject Spot Ethereum ETFs In Upcoming Decision, ETH Price Takes 5% Hit read full article at worldnews365.me
Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop. This drop comes amid growing speculation that the highly anticipated Ethereum ETFs will likely be rejected by the US Securities and Exchange Commission (SEC) in the upcoming May deadline. US …
Read More »Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers read full article at worldnews365.me
Ethereum Spot Exchange-Traded Funds (ETFs) approval odds continue to witness notable pessimism as the cryptocurrency space awaits the United States Securities and Exchange Commission’s (SEC) decision on the products scheduled for May. The expectation surrounding the SEC’s decision highlights how important ETF approval is in terms of giving conventional investors …
Read More »Bitcoin ETFs Set For Big Boost From Unexpected Source read full article at worldnews365.me
As the financial world witnesses a seismic shift in the landscape of cryptocurrency investment, institutional players are making bold moves into the realm of Bitcoin Exchange-Traded Funds (ETFs). Bitwise CEO Hunter Horsley’s recent proclamation has sent ripples through the industry, forecasting a staggering surge in Bitcoin ETF holdings by wealth …
Read More »Hong Kong’s Bitcoin ETFs To Attract $1 Billion: Bloomberg read full article at worldnews365.me
Hong Kong is poised to become a leader with its new spot Bitcoin and Ether Exchange Traded Funds (ETFs), but how can they fare up against their US peers which have drawn more than $28 billion in the first three months? Bloomberg ETF analyst Eric Balchunas has updated his projections, …
Read More »Bloomberg Analyst Issues a Warning for the Upcoming Hong Kong Bitcoin, Ethereum ETFs read full article at worldnews365.me
Hong Kong regulators recently approved spot Bitcoin and Ethereum exchange-traded fund applications, but Bloomberg ETF analyst Eric Balchunas predicts that the local ETF market may not perform as well as the US due to the current lack of big players and the possibility of high fees. According to Balchunas, the …
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