SEC approves options based on BlackRock’s bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has today approved BlackRock’s proposal to list and trade options on its spot bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust (IBIT). Through a statementthe SEC highlighted that the approval was granted in an “accelerated” manner to BlackRock, the world’s largest asset manager, underscoring that continues … Read more

BlackRock’s Bitcoin ETF has its worst month since launch

Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net inflows of more than $158 million on Thursday, recovering from outflows of $52 million recorded the previous day. However, the fact that stands out is that, from August 25 to September 19, BlackRock’s iShares Bitcoin Trust (IBIT) only had capital inflows on a single … Read more

$180 million flows into bitcoin ETFs amid expectations of rate cuts

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported inflows of more than $186 million and accumulated four consecutive days with incoming capital flows, the best streak so far in September. The good performance of financial instruments based on the digital asset occurs in view of the possibility that the United States Federal Reserve … Read more

Ethereum experiences its worst third quarter in 5 years

Key facts: So far in Q3, the price of ETH has fallen by more than 30%. September is usually a complicated month for the markets due to seasonal issues. The price of ether (ETH), the native cryptocurrency of the Ethereum ecosystem, fell by more than 30% so far in the third quarter of 2024. This … Read more

BlackRock’s Bitcoin ETF breaks 3-week losing streak

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded inflows of more than $12 million and have seen capital inflows for three consecutive days. The big news of the day is that BlackRock’s iShares Bitcoin Trust (IBIT), the world’s largest ETF, reported money coming in again after three weeksThe last time was on August … Read more

Everyone says ETFs decide the price of Bitcoin, this analyst refutes it

Key facts: Despite the poor performance of ETFs, the price of bitcoin remained largely unchanged. Investors are awaiting a possible rate cut in the US. Since the launch of Bitcoin (BTC) exchange-traded funds (ETFs) in the United States, it has been said that they have a great influence on the price of the digital asset. … Read more

Bitcoin to end year at all-time high whether Trump or Harris wins: Standard Chartered

Key facts: Standard Chartered believes there could be a temporary sell-off if Harris is elected. For Geoff Kendrick, executive of the bank, regulatory changes are a positive factor for BTC. British bank Standard Chartered has made projections on the price of bitcoin (BTC) for the end of 2024, suggesting that the digital currency could reach … Read more

Bitcoin price resists outflow of money from ETFs

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States reported outflows of more than $43 million yesterday, breaking a streak of two consecutive days of net capital inflows. According to data from the investment company SosoValueArk & 21Shares’ ARK 21Shares Bitcoin ETF (ARKB) saw outflows of $54 million, while Grayscale’s Grayscale Bitcoin Trust (GBTC) saw … Read more

65% of cryptocurrency users are bitcoin holders

Key facts: Bitcoin ETFs have been one of the main drivers of adoption in the United States. Politics is a topic of great interest for Bitcoiners, who are now more concerned about regulation. Despite the ups and downs that the bitcoin (BTC) market has experienced over the past two years, interest in cryptocurrencies has not … Read more

Bitcoin ETFs break adoption records among investment advisors

Key facts: The growth of bitcoin ETFs is bullish for the price of the digital currency. BlackRock’s IBIT fund leads capital inflows among bitcoin ETFs. The adoption of bitcoin (BTC) ETFs by investment advisors has exceeded expectations, becoming one of the fastest-growing phenomena in the history of the exchange-traded fund market. Although some analysts, such … Read more