Bitcoin recovers USD 100,000 driven by ETFs

Bitcoin (BTC) opened the day trading above $100,000 (USD), after recovering this level yesterday. This scenario comes as demand for exchange-traded funds (ETFs) remains strong. Bitcoin ETFs in the United States, where the largest stock market operates, yesterday they recorded their tenth consecutive day of capital inflows. They have accumulated more than USD 4.3 billion … Read more

5 positive days for bitcoin ETFs led it to break $100,000

Bitcoin (BTC) exchange-traded funds (ETFs) experienced outstanding performance over the past five days. In this short period, ETFs accumulated capital inflows totaling $2 billion, triggering a historic rise in the price of the underlying asset, taking it to over $100,000. The following graph shows the behavior of BTC in the last week: Bitcoin (BTC) price … Read more

Bitcoin and Ethereum ETFs launch on the Argentine stock exchange

CEDEARs are not subject to income tax. When investing in ETFs, you don’t actually own the underlying asset but rather a stock. BYMA and Banco Comafi have presented new Argentine certificates of deposit (CEDEAR) ETFs, which include digital assets for the first time. Starting tomorrow, December 5, Argentine investors will be able to access the … Read more

Grayscale wants to convert its Solana trust into an ETF

Grayscale joins four other companies that also want to issue their Solana ETF. After hearing the news, Solana rose 7% and is trading at $237. Grayscale Investments and NYSE Arca filed a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) to issue a Solana exchange-traded fund (ETF). The application aims to convert the … Read more

Institutional investment in Ethereum soared

Ether (ETH) remains firm above $3,500. On Friday, for the first time, ETH ETF inflows surpassed that of bitcoin. Investment funds based on ether (ETH), the cryptocurrency of the Ethereum network, have accumulated net inflows of $2.2 billion globally so far in 2024. In this way, they set a new record that exceeds the $2 … Read more

BlackRock already has half a million bitcoin

On Monday, December 2, the bitcoin (BTC) exchange-traded fund (ETF) issued by BlackRock, known as IBIT, surpassed the half-million BTC mark in custody. This milestone makes it the largest and most valued bitcoin ETF on the US Stock Exchange. According to data from K33 Research, BlackRock’s IBIT already accumulates a total of 500,380 BTC. BlackRock … Read more

WisdomTree requests authorization to launch an ETF of XRP, Ripple’s cryptocurrency

Officially, 4 companies have already requested permission to launch their XRP ETFs. Last week the company registered its XRP ETF in the state of Delaware. WisdomTree requested official authorization to launch an ETF based on XRP, Ripple’s cryptocurrency. The company filed an S-1 document with the US Securities and Exchange Commission (SEC), a necessary step … Read more

For the first time, money inflows into Ethereum ETFs surpassed those into bitcoin

The price of ether (ETH) increased by 7.5% in the last 7 days. The BlackRock ETF reported inflows of $250 million. Ether (ETH) exchange-traded funds (ETFs), the Ethereum cryptocurrency, had net inflows of more than $332 million in a single day, marking a record in the history of these financial instruments operating in the United … Read more

An avalanche of cryptocurrency ETFs is coming. Which ones will be chosen?

Some companies have come forward by applying for Hedera, XRP and solana ETFs. President-elect Donald Trump has promised a favorable environment for crypto assets. The change of course in the economic policy of the United States, with the arrival of Donald Trump to the White House, could be the trigger for an avalanche of applications … Read more

Bitcoin, XRP and cardano together on Wall Street? That is the new ETF proposal

The fever of cryptocurrency-based ETFs does not stop. The investment manager Bitwise submitted an application for authorization to issue an exchange-traded fund that groups 10 digital assets. The proposed financial instrument is based on the already existing Bitwise 10 Crypto Index Fund, released in November 2017. The background, according indicates the documentis made up of … Read more