Crypto exchange prices for BTC surmounted months of resistance at $30,000 in Oct. 2023 to support above $60,000 in 2024. Then it hitched its wagon to Trump’s coattails and skyrocketed in Oct. 2024. After that, the world’s premier cryptocurrency hit a historical record high price of $109,000 on Jan. 20, …
Este artículo también está disponible en español. In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US spot Bitcoin Exchange-Traded Funds (ETFs) and their impact on the cryptocurrency’s price. Krueger aimed …
The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC sent jitters through the financial world. Initial concerns about fading demand seem unfounded as Bitcoin ETFs continue to shatter trading volume records. This is further bolstered by three consecutive sessions of net inflows into these investment vehicles. Bitcoin ETF Inflows …
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BlackRock’s BUIDL token on the Ethereum blockchain, created with asset tokenization platform Securitize, represents investment in a fund that holds U.S. Treasury bills and repo agreements. Its price is pegged to $1, and holders receive a yield from the underlying assets paid in the token. The offering is targeted to …
BlackRock ushered in a bullish optimism within the digital assets market in January when it got approval to offer the Bitcoin Bitcoin Fund (IBIT) to investors, which in less than two months of trading, became one of the top five ETFs overall in the market. The fund has attracted $15 …
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Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, …
