BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again. Go to Source
Bitcoin ETF
Auto Added by WPeMatico
Spot Ether ETFs approved, but Gary Gensler didn’t vote for them — Here’s why
Unlike the spot Bitcoin ETFs, which were approved via voting by a five-member committee, including SEC chief Gary Gensler, spot Ether ETFs were approved by the Trading and Markets Division of the SEC. Go to Source
4 reasons why Bitcoin was a buy below $70K
Technical chart patterns suggest that Bitcoin could see more upside momentum in the following weeks, mirroring previous bull cycles. Go to Source
CPI report spurs $932M inflows into crypto investment funds
Digital asset investment funds attracted $932 million in weekly inflows, according to CoinShares data. Go to Source
Bitcoin price hits $70K as spot and BTC ETF buying surges
Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end. Go to Source
Bitcoin rally above $67.5K could spark new record highs, says 10x Research
Bitcoin could be on the brink of a rally to new record highs, but it still has one significant resistance to overcome, according to Markus Thielen. Go to Source
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin ETFs collectively hold 2.78% of the crypto asset’s current circulating supply. Besides Grayscale’s Pre-Existing Fund, Blackrock’s IBIT Leads New … Read more
Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more
This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX. Go to Source
Bitcoin ETF volumes hit 7-week high as BTC price nears $67K
Bitcoin ETFs see daily volumes of nearly $6 billion in a return to levels not seen since late March, with BTC price hitting new May highs. Go to Source
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
Bitwise CIO Matt Hougan says this week’s 13F filings prove that the spot Bitcoin ETFs were a “huge success.” Go to Source
