Bitcoin

The Latest

  • Bitcoin Spot ETF Attracts Less Than $900 Million in First Three Days, Falling Short of High Expectations
    STOLEN
    According to data from digital asset management firm CoinShares, these Bitcoin spot ETFs saw a net inflow of $871 million in the first three days of trading. BlackRock led with an inflow of $723 million, followed by Fidelity with $545 million. However, Grayscale, an asset management company, experienced an outflow of $1.18 billion.
  • Bitcoin Price Plummets to $43,000 Amidst Launch of Spot ETFs, Signaling Market Jitters
    A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica
    Bitcoin (BTC) experienced a sharp decline, tumbling to near $43,000 on Friday. This 6% drop in day-over-day trading came in the wake of the debut of several spot bitcoin exchange-traded funds (ETFs) in the U.S.
  • Institutional Investors Yet to Enter as US Bitcoin ETFs See Record Opening Day Trading Volumes
    Bitcoin
    The launch of the United States' first Bitcoin spot Exchange-Traded Funds (ETFs) has sparked a frenzy among investors, leading to impressive trading volumes on the very first day of listing. According to Dow Jones Market Data, the combined trading volume of ten listed Bitcoin spot ETFs in the US reached $4.6 billion by Thursday afternoon.
  • Bitcoin ETF Approval Claim Debunked as SEC Confirms Social Media Hack
    Bitcoin
    The U.S. Securities and Exchange Commission (SEC) swiftly corrected a misleading announcement about the approval of Bitcoin exchange-traded funds (ETFs) after its social media account was compromised.
  • SEC Accelerates Review of Bitcoin ETF Filings Ahead of Deadline
    BITCOIN RISES
    The urgency in the SEC's actions came as it worked against a looming Wednesday deadline, with the regulator providing feedback on submissions within the same day, a pace considered "borderline unheard of" by market observers.
  • SEC Decision on Bitcoin ETF Imminent, Analysts See 5% Chance of Rejection
    BITCOIN RISES
    Bloomberg Intelligence senior ETF analyst Eric Balchunas recently voiced a strong sentiment, suggesting that the chance of the SEC rejecting the Bitcoin ETF proposals has dwindled to a mere 5%.
  • Former Citigroup Executives Consider Plan B as Bitcoin ETF Approval Remains Elusive
    CRYPTO
    Amidst the continued speculation over the approval of a Bitcoin spot ETF, a company founded by former Citigroup executives plans to bypass the SEC by launching a Bitcoin Depositary Receipt (BDR) that does not require approval.
  • Bitcoin Unmoved by SEC's ETF Deliberations and Market Speculations
    Bitcoin
    The recent buzz around the U.S. Securities and Exchange Commission (SEC) potentially finalizing comments on spot Bitcoin exchange-traded fund (ETF) applications has not significantly impacted the price of Bitcoin (BTC).
  • Cryptocurrencies Plunge on Wednesday, Analysts Doubt Bitcoin ETF Approval
    Bitcoin
    On January 3, Bitcoin experienced a sudden plunge, with its value dropping over 10% in 24 hours, falling below $41,000 per coin. Just a day prior, Bitcoin had surpassed $45,000 per coin, reaching a 21-month high, with an annual gain of 160% in 2023.
  • Anticipation Builds for SEC's Bitcoin ETF Decision Amid Tight Timelines
    Bitcoin
    As the crypto world braces for the U.S. Securities and Exchange Commission's (SEC) imminent decision on the much-anticipated spot Bitcoin exchange-traded fund (ETF), speculation and anticipation are at an all-time high.
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