Will Bitcoin fall below $70K after $2.2B options expiry?
The inflows from the United States spot Bitcoin ETFs could help Bitcoin absorb the selling pressure from Friday’s option expiry. Go to Source
Bitcoin ETF
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Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it
U.S. Bitcoin ETFs saw inflows of over $488 million, but Google Trends data shows Bitcoin and crypto-related searches are far down from 2021 highs. Go to Source
Franklin Templeton CEO says Bitcoin investment still in early phase
CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players. Go to Source
63 US banks on the brink of insolvency: Why Bitcoin’s next target is $100K
Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new “safe haven asset.” Go to Source
Thailand’s SEC Approves Bitcoin ETF Fund for Wealthy Investors
The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund, named “One Bitcoin ETF Fund of Funds Unhedged Fund Not For Retail Investors (ONE-BTCETFOF-UI),” is accessible exclusively to institutional investors and high-net-worth individuals from May … Read more
Fidelity exec says most investors should have some Bitcoin allocation
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis. Go to Source
Crypto fund inflows hit $2B in May led by BTC — CoinShares
Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion. Go to Source
Australia gets first spot ETF that holds Bitcoin directly
Australia is set to join Hong Kong, Canada and the U.S. in offering investors an ETF that invests in and directly holds Bitcoin. Go to Source
Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this time. Despite this, Ark remains committed to … Read more
3 signs that Ethereum price will finally break $4K in June
Anticipation of potential Ether ETF approvals in June is pivotal in driving ETH’s price above $4,000, with whales accumulating and rising holding sentiment furthering the bullish outlook. Go to Source