Spot Bitcoin ETF

Charles Edwards, founder of Capriole Investments, sees a bullish outlook for Bitcoin (CRYPTO: BTC) driven by improving macro conditions and the impact of spot ETFs. What Happened: In an interview on the Blockworks Macro podcast, Edwards highlighted that the market is at "the exact opposite point"...

Senior Bloomberg ETF analyst Eric Balchunas spoke about the continuous innovation in ETF industry in 2024, highlighting buffer strategies emerging as a major trend.  What Happened: Speaking on the ETF Prime podcast, Balchunas dubbed these products “boomer drugs” for their ability to...

Cathie Wood’s Ark Investment Management has withdrawn from the race to launch an ETF directly investing in Ether (CRYPTO: ETH). What Happened: The firm's name was removed from an application for a spot-Ether ETF filed in collaboration with 21Shares. According to a report by Bloomberg...

Significant interest in newly launched Bitcoin spot ETFs continued on Wednesday, with total net inflows reaching $332 million on March 6. This surge comes despite a net outflow of $276 million from the long-established Grayscale Bitcoin Trust (OTC: GBTC), according to data from SoSoValue....

Bitcoin (CRYPTO: BTC) traders are setting their sights on a $64,000 price target as BlackRock’s iShares Bitcoin ETF experiences a massive $500 million inflow in a single day. What Happened: The inflow into prominent spot Bitcoin ETFs has shown no signs of slowing, with close to $630 million...

Analysts at investment firm Bernstein project a promising future for Bitcoin (CRYPTO: BTC), anticipating its price to exceed the previous high of $69,000 and potentially reach $70,000 this year. Despite not expecting a smooth, volatility-free ascent, the firm sees a favorable risk-reward balance...

Despite predictions of a potential surge in Ethereum (CRYPTO: ETH) value, traders still favor Bitcoin (BTC) over ETH. This trend is influenced by the uncertainty surrounding the U.S. Securities and Exchange Commission (SEC) approval of ETH-based exchange-traded funds (ETFs). What Happened: A report...

Macro investor Raoul Pal predicted on Monday a 60% probability that Bitcoin (CRYPTO: BTC) could reach $150,000, with a 20% chance this peak might be achieved more rapidly than anticipated and followed by a decline. Pal also assigned a 20% possibility of Bitcoin...

Standard Chartered expects the Securities and Exchange Commission (SEC) to handle spot Ethereum (CRYPTO: ETH) ETF applications in the same way it handled Bitcoin (CRYPTO: BTC) ones and approve pending applications by May 23. In a research report released Tuesday, Standard Chartered...

Jan van Eck, CEO of VanEck, said on Tuesday that cryptocurrencies deserve a place in modern investment portfolios, as he deep-dived with macro guru Raoul Pal into the evolving world of macro investing, the transformative role of digital finance and the emerging market...

Anthony Scaramucci, the founder of Skybridge Capital and former White House communication director predicted  Bitcoin (CRYPTO: BTC) could soar to $170,000 after the Bitcoin halving.  Scaramucci's Price Prediction: In a conversation with Scott Melker, Scaramucci...

Exchange-traded funds (ETFs) have amassed holdings that represent over 3% of all Bitcoin (CRYPTO: BTC) in existence. This significant milestone highlights a growing trend of institutional investment in Bitcoin, marking a pivotal shift in the digital asset's market dynamics. Inflow And...

Bitcoin (CRYPTO: BTC) mining company GRIID Infrastructure (NASDAQ: GRDI) commenced trading in the U.S. market on Monday, following its initial public offering in Canada earlier this month. The Cincinnati-based company, which operates mining facilities in New York and Tennessee, merged...

Crypto exchange Coinbase Inc. (NASDAQ: COIN), which acts as the primary custodian for 10 of the 13 currently available spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), highlighted Tuesday its robust security measures. What Happened: Coinbase brings "less exposure to custodial...

Leading brokerage firm Charles Schwab Corporation (NYSE: SCHW) is reportedly on the verge of launching a spot Bitcoin exchange-traded fund (ETF), a move with potentially significant implications for both retail investors and the broader financial landscape. Simplifying Entry, Mitigating Concerns:...