Tag: Spot

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 […]

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 […]

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, […]

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 […]

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 […]

Gensler issues warning ahead of SEC’s Spot Bitcoin ETF decision

Spot Bitcoin ETF applicants strategically adjust fees ahead of potential SEC approval. Invesco, Valkyrie, and WisdomTree reduce costs to attract investors. Gensler’s cautionary note; SEC emphasizes risks in cryptocurrency investments, warning of unique challenges. As the crypto community eagerly awaits the SEC’s decision on Spot Bitcoin ETFs, recent developments have intensified the competition among ETF […]

Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark

In the world of cryptocurrency, the winds of change are blowing, and they’re bringing in some exciting developments. The much-anticipated spot Bitcoin ETF is on the horizon, simplifying Bitcoin investments for the everyday investor. Meanwhile, BorroeFinance ($ROE), a rising star in the crypto universe, is edging closer to a monumental $2 million in its presale. […]

Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF

Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers direct and regulated cryptocurrency exposure. Grayscale Investments, a global leader in digital asset investment, is making headlines again as it seeks approval from the US […]