Tag: ETF

BlackRock’s Bitcoin ETF options brings in nearly $2b in trade on day one

Bitcoin hit a record of more than $94,000 following the launch of options contracts on BlackRock’s IBIT 289,000 contracts were Calls and 65,000 were Puts, meaning investors were bullish on a Bitcoin price rise Joe Constori said the market is bullish that Bitcoin’s price will reach $100,000 by the end of 2024 Options contracts on […]

BlackRock’s spot Bitcoin ETF hits $40 billion, sets new record in 211 days

BlackRock’s IBIT reached a new record in 211 days, surpassing iShares Core MSCI Emerging Markets ETF’s previous record of 1,253 days BlackRock’s new record comes two weeks after it hit $30 billion in net assets at the end of October BlackRock is now in the top 1% of all ETFs by assets and is bigger […]

NYSE Arca seeks regulatory nod for Grayscale crypto ETF

NYSE Arca is seeking regulatory approval to list an ETF of the Grayscale Digital Large Cap Fund Grayscale recently filed to convert the fund to a spot ETF Securities exchange NYSE Arca is seeking regulatory approval to list a new crypto exchange-traded fund (ETF) by Grayscale. The ETF is aimed at tracking the Grayscale Digital […]

BlackRock’s spot Bitcoin ETF hits $30 billion, sets new record in 293 days

BlackRock takes the lead reaching $30 billion in 293 days. JEPI took 1,272 days and Gold managed it in 1,790 days Spot Bitcoin ETFs could reach one million Bitcoin, surpassing Satoshi Nakamoto by mid-December BlackRock’s spot Bitcoin exchange-traded fund (ETF) has hit $30 billion in assets setting a new record of 293 days, showcasing rising […]

Grayscale wants to convert its mixed-crypto fund into an ETF

Grayscale filed to convert its $524M Digital Large Cap Fund into an ETF The fund includes BTC, ETH, Solana, XRP, and Avalanche among its holdings This is Grayscale’s third ETF conversion after its Bitcoin and Ethereum funds Grayscale Investments has taken a significant step toward expanding its suite of cryptocurrency-based financial products by filing with […]

Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts

Ark Invest sold 44,609 shares of its ARKB Spot Bitcoin ETF for $2.8 million as part of a rebalancing strategy. The firm retains $139.7 million in ARKB, making it the second-largest holding in ARKW. US spot Bitcoin ETFs saw $4.5 million in inflows, while Ethereum ETFs faced outflows. Cathie Wood’s Ark Invest has made headlines […]

SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF

SEC postpones decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024. The ETF plans to invest 80% in Bitcoin and 20% in Carbon Credit Futures-linked financial instruments. Gemini has been named custodian for the ETF. The United States Securities and Exchange Commission (SEC) has announced a delay in its decision […]

Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value

Bitcoin ETF inflows surge, threatening gold’s dominance. Divergence in fund flows: Bitcoin gains, gold loses. Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset. In a seismic shift within the financial landscape, Bitcoin is rapidly gaining ground as a store-of-value asset, challenging its traditional counterpart, gold. Recent data reveals a substantial surge in spot […]

US sanctions Bitcoin ETF, NuggetRush set to cross $1.8M in investment

Bitcoin ETF has become a reality with the SEC approving its listing on major exchanges in the United States. NuggetRush is the latest crypto sensation that has raised more than $1.8 million from eager investors. As 2024 progresses, both NuggetRush and Bitcoin are expected to perform well this year. The United States on 10 Jan 2024 […]