After enduring a major 20% value correction earlier this month that noticed Bitcoin fall under $56,400 and elevated outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a powerful comeback. It has damaged above the important thing $66,000 resistance stage and turned it into a brand new assist zone. BTC … Read more
After experiencing outflows for 4 consecutive weeks, US spot Bitcoin exchange-traded funds (ETFs) have marked a notable shift in momentum, witnessing web inflows as soon as once more. Based on latest information from CoinShares, digital asset funding merchandise have seen inflows totaling $130 million for the primary time in 5 weeks. This alteration suggests renewed … Read more
Grayscale Investments, the issuer of one of many not too long ago accredited spot Bitcoin exchange-traded funds (ETFs) within the US, noticed flat revenues within the first quarter of the yr attributable to its determination to take care of charges on its flagship Grayscale Bitcoin Belief ETF (GBTC). Grayscale Exceeds Expectations Regardless of Outflows In … Read more
The eagerly anticipated Hong Kong Bitcoin ETF market is scheduled to begin buying and selling on Tuesday, marking a big milestone within the growing adoption of the main cryptocurrency and constructing upon the success of the US ETF market. With their approval, the newly regulated index funds are poised for a noteworthy debut, surpassing the … Read more