US spot Bitcoin ETFs see $556M inflows in biggest day since June
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000. Go to Source
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Australia’s first ETF directly holding Ether goes live
The Monochrome Ethereum ETF (IETH) went live on Cboe Australia on Oct. 15, following the issuer’s launch of a spot Bitcoin ETF in June. Go to Source
Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential
Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin … Read more
Bitcoin Rebounds To $63K As MicroStrategy Nears All-Time High Amid Whale Shift
After a recent 10% correction, Bitcoin has rebounded, climbing back to the $63,000 mark as it attempts to reclaim the critical Short-Term Holder cost basis. This resurgence comes as the broader crypto market stabilizes following a period of volatility. Following a 10% price correction, the #Bitcoin market has rebounded back to the $63k level in … Read more
Canary Capital Files SEC Registration for XRP ETF
Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to XRP. The exchange-traded fund (ETF) is designed to give investors an option other than directly holding XRP, making access easier through traditional brokerage platforms. Canary … Read more
Bitcoin follows ‘perfect script’ charting $150K+ all-time high this cycle — Analyst
A veteran trader says Bitcoin is following a “perfect script” that terminates with a potential $150,000 cycle high. Go to Source
Ethereum price lags Bitcoin and altcoins, but is a rally to $2.6K possible?
A drop in Ethereum network activity and investors’ concerns about the global economy continue to weigh on ETH price. Go to Source
21Shares urges EU to change ‘inconsistent’ crypto ETP rules
The ETP issuer is asking for more clarity and consistency from what it claims is the European Union’s “patchwork” of crypto regulations. Go to Source
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in … Read more
Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing, … Read more