Another week went by, which began with massive volatility, and the spot Bitcoin and Ethereum ETFs were once again in the spotlight. Here’s the data regarding the inflows and outflows for the past five days, according to Farside. Bitcoin ETFs in the Red Last week ended on a highly negative point as the spot Bitcoin […]
Capula Investment Management LLP, one of Europe’s largest hedge funds, informed that it holds $464 million in shares of spot Bitcoin ETFs from BlackRock and Fidelity. Capula’s disclosure contributes to institutional investors’ rising interest in U.S. spot Bitcoin ETFs. Capula’s Spot Bitcoin ETF Shares A filing with the U.S. Securities and Exchange Commission on August […]
U.S. spot Ethereum ETFs had a positive day of inflows following a massive market crash that sent the asset tumbling 23% in less than 24 hours. On August 5, the aggregate inflow for the nine newly launched spot ETH ETFs was $49 million, its second-highest inflow day since the funds started trading. Additionally, it is […]
American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or […]
Yet another regional government has disclosed an allocation to the newly launched Bitcoin ETFs, forging another step in Bitcoin’s growing adoption among not only institutions but also governments. In a Form-13F filed on Friday, the State of Michigan Retirement System revealed that it had $6.6 million allocated to Bitcoin ETF products as of June 30. […]
Hashdex, a crypto asset management firm, has filed its registration statement, S-1, with the U.S. Securities and Exchange Commission for its Hashdex Nasdaq Crypto Index US ETF. Notably, the move is a step in its plans to be the first index-based crypto ETF in the U.S. that will track some digital assets in the Nasdaq […]
On July 23, Hong Kong will launch Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK). This new exchange-traded fund (ETF) by China Southern Asset Management Co., Ltd (CSOP) is designed to provide investors with an opportunity to profit from declines in Bitcoin’s price. Asia’s First Bitcoin Futures Inverse […]
TL;DR The SEC approved spot Bitcoin and Ethereum ETFs in 2024, generating excitement for future crypto ETFs, including Shiba Inu (SHIB). A SHIB ETF could make investing easier and increase demand, but it is also focused on centralized control and additional fees. The Pluses 2024 has been quite fruitful in terms of groundbreaking events surrounding […]
DigitalX Limited, a digital asset fund manager, announced today the successful approval and upcoming launch of its spot Bitcoin ETF on the Australian Securities Exchange (ASX). The new spot Bitcoin ETF, under the ticker “BTXX,” will start trading on Friday, July 12, 2024, at 10:00 AM AEST. DigitalX Teams Up with K2 Asset Management and […]
The US spot Bitcoin ETFs experienced a net outflow of $20.45 million on Wednesday. Interestingly, only two of them showed activity amid market uncertainty. Grayscale’s GBTC saw a $26.99 million exit, while Fidelity’s FBTC gained $6.55 million. The remaining nine funds, including BlackRock’s IBIT, Bitwise’s BITB, and VanEck’s HODL, reported no flows. US Bitcoin ETFs’ […]