ISHARES BITCOIN TRUST
THIS Cryptocurrency ETF could soar up to 5,400%, claim some Wall Street analysts. Here's what you should know
According to experts at Wall Street, cash-rich billionaires are on a buying spree of a certain Cryptocurrency ETF, that may soar to unimaginable level in a matter of time.
Grayscale Bitcoin Trust's shares jump after first inflow since January
Some outflows were also tied to the wave of bankruptcies in the crypto industry, as companies that collapsed in the last two years pulled money out of the fund to repay their creditors.
Bitcoin ETFs flash signs of stress as discounts reach records
The $9 billion Fidelity Wise Origin Bitcoin Fund (FBTC) saw a 1.1% discount while the $2.5 billion ARK 21Shares Bitcoin ETF (ARKB) and the $2 billion Bitwise Bitcoin ETF (BITB) both closed with discounts of more than 1.4%, also the biggest on record for each.
Grayscale CEO sees bitcoin ETF outflows reaching equilibrium
Grayscale Bitcoin Trust navigates stabilizing outflows amidst SEC-approved rivals and intense competition from BlackRock and Fidelity. Plans for Bitcoin Mini Trust and spot ether ETF in progress as CEO Sonnenshein anticipates fee reduction in mature markets.
The making of a crypto evangelist: Larry Fink's transformative journey
BlackRock has set its sights on Ethereum, filing with the SEC to launch Ethereum ETFs. Larry Fink is bullish on Bitcoin. He regards the iShares Bitcoin Trust as “the fastest-growing ETF in the history of ETFs". This marks a stark departure from his earlier reservations.
Crypto Price Today: Bitcoin rises 1%, trades near $70K; Cardano, Solana fall up to 1.5%
In his view, the resistance in Bitcoin looms at $70,200-$73,000 levels while support rests at $67,500 and If BTC can maintain its upward trajectory beyond the present threshold, it would be a signal for marginal bullish sentiments.
- Go To Page 1
Memes, Pumps, Blunders: Absurd crypto spectacles make a comeback
It was another token that kept coming up in the conversations: a newer cryptocurrency best known for its logo featuring an image of a dog wearing a knit hat. The billionaire Michael Novogratz, chief executive officer of Galaxy Digital, jokingly lamented that he doesn’t have a position in the coin called dogwifhat.
US cryptocurrency ETF inflows pick up as bitcoin price recovers
Inflows in new bitcoin ETFs rise post-dip, led by Fidelity. Grayscale Trust faces outflows. David Mercer notes skewed data impact. Todd Rosenbluth observes uptrend. ETF flows influence bitcoin price.
Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week
Grayscale Bitcoin Trust saw $1.9 billion outflows, affecting U.S. spot bitcoin ETFs. Despite buying interest from BlackRock, Fidelity, inflows slowed. Grayscale's high fee, bankruptcy trustees selling contributed. Challenges with Wealthfront, interest from institutional investors.
Grayscale plans spin off of spot bitcoin ETF
GBTC - which in January received approval to convert from a trust to an ETF - currently has higher fees than its peers, one of the key factors in drawing investors to rival ETFs, Reuters has reported.
Cryptocurrency Price on March 11: Bitcoin surges to new all-time high, crosses $71,000 mark for the first time
In the last 24 hours, Bitcoin jumped to an intraday peak of $71,030 in volatile trading. It was last 2.4% higher at $70,900 at 1:07 pm IST. The largest cryptocurrency has gained nearly 70% this year and most of the rise has come in the last few weeks
Gold vs Sensex vs Bitcoin: With over 62% returns, this asset class is leading returns in 2024 so far
After a lackluster February, gold hit fresh all-time highs in March. The gold contract on MCX scaled a new all-time high of Rs 66,356 per 10 grams during a holiday-truncated week. The yellow metal has risen by Rs 3,529 or 5.64% so far in March over February and is up 4.93% in 2024 so far. In the international market, the new lifetime peak was $2,195 per troy ounce on the Comex.
Cryptocurrency Price on March 10: Bitcoin near $69,600; Dogecoin, Polygon rise up to 3%
Bitocin smashed the $70,000 mark for the first time on Friday, boosted by investor demand for new US spot exchange-traded crypto products and expectations for global interest rates to fall.
Bitcoin smashes through $70,000 mark
The leading cryptocurrency topped the $70,000 mark for the first time, boosted by investor demand for new U.S. spot exchange-traded crypto products and expectations for global interest rates to fall.
Ethereum surges past $3,800, hits highest level since January 2022
In a notable surge within the cryptocurrency market, Ethereum (ETH) has surpassed the $3,800 mark, reaching a peak above $3,860 in Wednesday's trade, marking its highest level since January 2022.
Bitcoin soars to record high, then tumbles
The world's largest cryptocurrency hit a high of $69,202, topping November 2021's all-time peak of $68,999.99. Investor interest has increased since the Securities and Exchange Commission approved 11 spot bitcoin ETFs in late January. It then reversed course and was recently down around 7% at $63,400.
Bitcoin soars over 60% so far in 2024. What's next?
Bitcoin's price surged from $42,265 on January 1, 2024, to $68,537 on March 4, 2024. This surge represents a nearly 62% increase.
Cryptoverse: Asian traders give bitcoin blast-off; huge interest visible in India
Asia accounted for $791 billion of the $1.17 trillion worth of bitcoin traded in February, with North American investors lagging way behind with $113 billion, broadly reflecting a trend seen since November, the data shows.
Bitcoin bursts above $68,000, record high comes into view
The price hit a session high of $68,580 and was last at $68,161. Bitcoin hit a record $68,999.99 in November 2021.
Bitcoin bursts above $65,000, record high comes into view
The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where inflows into U.S.-listed bitcoin funds have surged.
Bitcoin ETF record gets broken yet again on $612 million inflow
BlackRock Inc.’s iShares Bitcoin Trust (ticker IBIT) netted $612 million Wednesday in its biggest one-session haul, breaking a record set just a day prior, data compiled by Bloomberg show. Altogether, the 10 new exchange-traded funds investing directly in the world’s biggest cryptocurrency took in a net $673 million, even with the outflows seen by Grayscale Bitcoin Trust (GBTC).
Bitcoin ETFs test investor commitment to gold-backed paper
Spot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.
ETF provider Global X pulls out its spot bitcoin ETF application
The company had about $51 billion of assets under management in its ETFs worldwide, as of December 2023, according to its website.
FTX sold about $1 billion of Grayscale's bitcoin ETF since its approval: CoinDesk
FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC ownership down to zero, CoinDesk reported on Monday.
Bitcoin retreats to one-month low as ETF-led enthusiasm wanes
Bitcoin briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, a decline of 3% in the past 24 hours. Smaller tokens like Ether, Solana and Polkadot also struggled.
Spot bitcoin ETFs draw nearly $2 billion in first three days of trading
A new batch of U.S. bitcoin exchange-traded funds (ETFs) has attracted strong investor interest, though it is unclear if they will be able to maintain the pace of inflows in coming weeks.
Bitcoin ETF approval: How has the crypto market outlook changed
The recent approval of 11 spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has sent ripples of excitement through the global crypto community.
Bitwise bitcoin ETF draws most inflows on first trading day, company says
Bitwise reported that its spot bitcoin ETF received the most inflows out of the 10 products that began trading on Thursday. The SEC approved 11 spot bitcoin ETFs this week, including BlackRock's iShares Bitcoin Trust and Grayscale Bitcoin Trust.
Bitcoin ETFs begin trading in end to decade-long tussle with SEC
Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the U.S. on Thursday in a landmark moment for the cryptocurrency industry that has been seeking regulatory approval for the financial product for over a decade.
Load More
