Tag: ETFs

US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch

BlackRock’s IBIT attracted the most at over $600 million followed by Fidelity’s FBTC with $301 million The 12 spot Bitcoin ETFs have brought in a combined $30.35 billion since launching in January US spot Bitcoin exchange-traded funds (ETFs) took in $1 billion in daily total net inflows yesterday as Bitcoin inched closer to the $100k […]

US spot Ethereum ETFs see largest daily outflows since July

Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July Grayscale’s ETHE recorded a significant $80.55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity’s FBTC. On Monday, US spot Ethereum ETFs experienced their largest daily outflows since late July, […]

Bitcoin ETFs outperform Ether ETFs as BlackRock’s IBIT leads peers

Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC. Ether ETFs are struggling due to liquidity issues and Grayscale’s $2.5B outflows. Recent trends in the cryptocurrency exchange-traded funds (ETF) market have highlighted a significant […]

JPMorgan CEO calls Bitcoin a ‘Ponzi Scheme’ despite JPMorgan’s involvement in Bitcoin ETFs

Jamie Dimon, JPMorgan CEO, called Bitcoin a “Ponzi scheme.” Dimon’s criticism comes despite JPMorgan’s involvement in Bitcoin ETFs. Bitcoin’s recent price volatility highlights ongoing debates in the cryptocurrency market. JPMorgan Chase CEO Jamie Dimon has once again voiced his scepticism towards Bitcoin (BTC), dubbing it a ‘Ponzi scheme’ during an interview on Bloomberg TV. During […]

Mudrex set to introduce U.S. Bitcoin ETFs to Indian investors

Mudrex to offer US Bitcoin ETFs to Indian investors. Mudrex will facilitate access to BlackRock, Fidelity, Franklin Templeton, and Vanguard spot ETFs. Indian regulatory environment poses challenges with RBI restrictions. Mudrex, a California-based crypto investment platform, is set to revolutionize the Indian investment landscape by offering U.S. spot bitcoin exchange-traded funds (ETFs) to both institutional […]

Gold ETFs down $2.4 billion in 2024 as BTC and this memecoin soak up liquidity

It’s 2024, and the investment landscape is undeniably shifting – traditional safe havens like gold ETFs are experiencing notable outflows in contrast to Bitcoin ETFs, which have seen a substantial increase in interest since their debut at the beginning of the year. This change suggests investors are exploring new territories, possibly looking for alternatives that […]

Bitwise and VanEck to donate 10% ETF profits following SEC’s spot Bitcoin ETFs approval

SEC approves spot Bitcoin ETFs: A historic moment for mainstream crypto integration. Bitwise and VanEck donate 10% ETF profits to Bitcoin development: Philanthropy meets finance. Meme Moguls emerges as the world’s first meme-backed stock market, aiming for 100x growth. After the US Securities and Exchanges Commission’s (SEC) spot Bitocin approval, Bitwise, a major asset management […]

Goldman Sachs joins major players in talks for Bitcoin ETFs amid SEC anticipation

Goldman Sachs eyes a pivotal role in collaboration with BlackRock and Grayscale. The regulatory landscape faces challenges, but SEC discussions with major exchanges signal a potential shift. The inclusion of reputable institutions like Goldman Sachs suggests increased confidence in addressing regulatory concerns. In a potential game-changer for cryptocurrency investments, Goldman Sachs is actively engaging in […]

U.S. lawmakers want SEC to ‘immediately’ approve Bitcoin ETFs

Members of the House Financial Services Committee wrote a letter to SEC today. They argued that a Spot Bitcoin ETF is not much different from a Crypto Futures ETF. Bitcoin is still trading around the $26,000 level only at writing on Wednesday. All eyes are on Bitcoin today after the U.S. lawmakers urged the Securities […]