Leveraged Microstrategy ETFs break $400m as ‘hot sauce arms race’ heat up
The ETFs add leverage to Microstrategy’s already levered-up Bitcoin strategy. Investors can’t seem to get enough. Go to Source
Bitcoin ETF
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BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With … Read more
‘Sustained’ Bitcoin ETF inflows may ‘buoy’ price despite slowing spot buying
A more “sustained” run of spot Bitcoin ETF inflows may counteract the Bitcoin “spot market buying slowing,” says Bitfinex analysts. Go to Source
Investment managers eye ‘extraordinary upside’ from BTC options debut
They could potentially spark “explosively recursive” price upside for Bitcoin, according to one investment manager. Go to Source
BlackRock Bitcoin ETF demands 12-hour BTC withdrawals from Coinbase
BlackRock and ETFs have saved “BTC’s price from the abyss repeatedly,” according to Bloomberg’s senior ETF analyst. Go to Source
Bitcoin leads $321M crypto inflows following Fed rate reduction
Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported. Go to Source
SEC approves options for BlackRock’s spot Bitcoin ETF
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January. Go to Source
REX Shares, Tuttle launch 2x long, short Microstrategy ETFs
They follow Defiance ETF’s launch of a 1.75x leveraged MSTR ETF in August. Go to Source
Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle
The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally unavailable to people in these areas. Experts point to the user-friendliness and security of defi compared to traditional financial institutions … Read more
Grayscale to launch US XRP trust, paving way for potential ETF
Grayscale XRP Trust could potentially pave the way for an XRP ETF, subject to approval by the US Securities and Exchange Commission. Go to Source
