Tag: ETF

BlackRock’s IBIT sees record $872m inflow amid 6-day Bitcoin ETF streak

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On Oct. 30, BlackRock’s spot Bitcoin ETF recorded its highest single-day inflow since its January launch, contributing to the ongoing six-day inflow streak across the 12 Bitcoin ETFs. According to data from SoSoValue, the 12 spot Bitcoin ETFs collectively recorded $893.21 million in inflows on Oct. 30, an amount second only to the $1.045 billion inflow recorded on March 12. This extended their inflow streak to six days, with total net inflows surpassing $3 billion. BlackRock’s spot Bitcoin ETF, in particular, led this rally with $872.04 million in inflows, surpassing…

Bitcoin’s Path to Record Highs: Cryptoquant Report Reveals ETF Activity and OTC Supply Dynamics

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Bitcoin is approaching an all-time high, with demand from exchange-traded funds (ETFs) driving its current rally, according to a recent analysis from Cryptoquant. Bitcoin Nears All-Time High as ETF Demand Intensifies, Cryptoquant Reports Bitcoin’s price is trading near its previous peak, hovering around $71,800 to $72,000 as of late October, largely driven by a sharp […] Original

Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak

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Este artículo también está disponible en español. As Bitcoin (BTC), the largest cryptocurrency by market capitalization, inches closer to its all-time high of $73,700 reached in March, the US spot Bitcoin ETF market has re-emerged as a key driver of the cryptocurrency’s recent price surge. On Tuesday, total trading volume for spot Bitcoin ETFs surpassed $3 billion, coinciding with Bitcoin’s price briefly above the pivotal $73,000 mark for the first time in over 7 months.  Bitcoin ETF Market Set To Surpass 1 Million BTC Holdings Soon Notably, crypto investor BigRig…

Are ‘ETF Paper Bitcoins’ Suppressing BTC Prices? Expert Analysis

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Este artículo también está disponible en español. In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US spot Bitcoin Exchange-Traded Funds (ETFs) and their impact on the cryptocurrency’s price. Krueger aimed to dispel the fear, uncertainty, and doubt (FUD) that have been circulating about “paper Bitcoin”—the notion that ETFs might be selling Bitcoin they do not actually possess—and to explain why Bitcoin’s price has not surged as dramatically as some might…

Emory University is first endowment to hold Bitcoin ETF

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Emory University, based in Atlanta, Georgia, is the latest institution to report it holds a position in a Bitcoin spot exchange-traded fund The university disclosed it holds $15.1 million worth of spot Bitcoin (BTC) ETF in a filing with the U.S. Securities and Exchange Commission. Specifically, Emory revealed it added shares of the Grayscale Bitcoin Mini Trust to its portfolio. The university also holds 4,312 shares of Coinbase, the largest U.S.-based crypto exchange, valued at approximately $922,639 at the time of the university’s 13F filing. First endowment to report spot…

Bitcoin ETF (BTC) Holding Reported by Atlanta’s Emory University

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Grayscale’s mini BTC fund launched much later than its counterparts, after the asset manager’s flagship bitcoin trust (GBTC), bled large amounts of assets largely due to its relatively high fee of 1.5%. Despite its late start, the newer product has quickly become one of the more successful bitcoin funds, currently standing in sixth place by assets under management with roughly $2.3 billion worth of bitcoin, according to Bloomberg data. Original

Bitcoin ETF inflows surpass $3b, demand hits 6-month high

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October marked a strong month for U.S. spot Bitcoin ETFs, with over $3 billion in net inflows as demand reached its highest level in six months. Over the past week, inflows into the 12 spot Bitcoin (BTC) exchange-traded funds pproached $1 billion, with four days of positive flows recorded during this period. The majority of these inflows originated from BlackRock’s IBIT, the largest ETF by net assets, which is nearing $24 billion in total inflows since its launch. Despite strong inflows in the past week, the prior week proved even…

Newly-Qualified Crypto Custodian Balance Aims to Bring ETF Assets Held in the U.S. Back to Canada

The bigger picture concerns the growth of the crypto sector in Canada more broadly. The amount of crypto collectively held in Canada’s ETFs might not seem like a big deal right now, Bordianu says, but given the growth of things like tokenized real world assets and the proliferation of stablecoins, Canada needs to focus on building its own infrastructure to handle these assets. Source

Bitcoin nears $69K mark amid strong ETF inflows and short liquidations

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Bitcoin’s surge toward its two-month high of $69,000 was fueled by strong inflows into spot exchange-traded funds and a marked rise in short liquidations. At press time Bitcoin (BTC) was trading at approximately $67,739, rising by 0.6% in the past 24 hours, while the asset’s market capitalization hovers around $1.33 trillion, driven by a daily trading volume close to $30 billion. Short liquidations surge, fueling price rally Data from Coinglass indicates that short liquidations played a critical role in propelling Bitcoin’s latest upward movement. Over the past 24 hours, Bitcoin…