Bitcoin ETFs safe returns on Friday as GBTC struggles to hold 300,000 BTC
Following a five-day streak of net inflows, U.S. bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, with nearly 900...
Finance
The NYSE observes a 24-hour trading model in response to Crypto market trends
Cryptocurrency markets operate continuously, trading every hour of the week. Similarly, reports indicate that the New York Stock Exchange (NYSE)...
Spot Bitcoin ETF records 5 consecutive outage days; The analyst declared the cooling to be ‘completely normal’
US spot bitcoin-exchange-traded funds (ETFs) were out for a fifth consecutive day since April 12, with losses totaling $4.3 million...
BlackRock closes Grayscale in battle for ‘world’s largest’ Bitcoin ETF
US spot bitcoin-exchange-traded funds (ETFs) have experienced three straight days of net outflows, with losses of $58 million on Tuesday....
ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B revenue estimate
Following Hong Kong's licensing of the region's first-ever bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg senior ETF analyst Eric Balchunas...
Germany’s largest federal lender LBBW has entered crypto holdings, targeting mid-2024.
Landsbank Baden-Württemberg (LBBW), Germany's largest federal bank, has announced plans to offer crypto protection services later this year. LBBW announced...
HSBC to expand tokenized asset offerings – CEO says ‘very comfortable’ with tokenization
Hong Kong's leading commercial bank HSBC continues to invest in its tokenization product lineup. "I'm very comfortable with the concept...
Tether has announced the release of its multi-chain token platform soon
Tether is preparing to release a homegrown tokenization solution. Tether CEO Paolo Arduino announced on social media that the company...
See US Spot Bitcoin ETFs Outflow $55.1M; GBTC broke 2,048 BTC amid market volatility
The data showed that US spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Greyscale's...
Greyscale’s CEO sees GBTC reaching equilibrium, expecting easy outflows.
Crypto asset manager Grayscale Investments GBTC is "starting to reach a bit of a balance," CEO Michael Sonnenschein said, adding...
$10.5 Trillion Asset Manager BlackRock Spot Bitcoin ETF Now Holds 270K BTC
BlackRock, the world's largest asset manager, broke a record for assets under management (AUM) with an impressive $10.5 trillion. This...
Deutsche Bank Survey: More Than Half Expect Crypto to Be ‘Useful’ Asset Class and Payment Method
A new Deutsche Bank survey found that more than half of respondents expect cryptocurrencies to become an important asset class...
According to sources, Hong Kong’s first place will approve Bitcoin ETFs as early as Monday
According to a recent report, bitcoin exchange-traded funds (ETFs) are set to seek approval from Hong Kong regulators on Monday,...
A fifth Gen Z, Millennials own Crypto; More than 60% have tried at least one of the six financial hacks.
Nearly one-fifth of America's Gen Z and millennials own cryptocurrency, but only 20% own real estate, the latest PolyGenius 2024...
43 Bitcoin Projects Secure Key Funding To Attract Over $127 Million By 2024
In the year Since early 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data collected...
Fidelity’s FBTC gains ground, taking over 1,000 BTC for $123m in revenue Wednesday
US spot bitcoin-exchange-traded funds (ETFs) gained $123.7 million during trading on Wednesday. Greyscale's Bitcoin Trust (GBTC) experienced a decrease in...
US Spot Bitcoin ETFs Record $19.4M Outflow, GBTC Holdings Decline
US spot bitcoin-exchange-traded funds (ETFs) experienced another round of net outflows, with a $19.4 million drop. GBTC holdings decreased from...
Hong Kong’s ZA Bank to Offer Escrow Accounts to Stablecoin Issuers
ZA Bank, a virtual bank based in Hong Kong, offers custodial accounts to institutions looking to issue stablecoins. The firm...
China’s Biggest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets
Two of China's largest fund management firms are reported to be filing applications for spot bitcoin exchange-traded funds (ETFs) soon....
10 US Bitcoin ETFs Amass Over 519,000 BTC, BlackRock Leads With 50.81%
According to the latest data, the BlackRock Spot Bitcoin Exchange-Traded Fund (ETF) has grown its bitcoin portfolio and now includes...
Bitcoin vs Gold: Peter Brandt asks Peter Schiff to put things in perspective.
Veteran trader and popular chartist Peter Brandt compares gold to bitcoin and urges Peter Schiff to "put things in perspective"...
US Bitcoin ETFs Return With $569.4M in Net Income After Initial Dip
Spot bitcoin exchange-traded funds (ETFs) ended the week on a positive note with positive inflows of $203 million on Friday....
