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#Spot Bitcoin ETFs
cryptosnewss · 11 days
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Bitcoin ETFs Bounce Back with $1.3 Billion Inflows in May
Spot Bitcoin exchange-traded funds (ETFs) witnessed a remarkable turnaround in May, drawing in $1.3 billion in new investments. This significant influx follows a challenging April, during which the ETFs faced $344 million in outflows. The latest data indicate a renewed investor confidence in Bitcoin ETFs, pushing their total value back to around $12.3 billion since their inception. Market Analyst…
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kentonralphtoews · 3 months
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In this month’s interview with Cory Fleck of KER, we discussed the recent significant rebound in Bitcoin’s price following a drop post-ETF approvals. We covered recent data on ETF inflows, comparing that to the current mining rates, and explored the connection to the upcoming #Bitcoin halving in April, which occurs every four years. We also touched on the implications of the halving on Bitcoin miners and other cryptocurrencies.
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dencyemily · 4 months
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Criticism from Ripple's Garlinghouse Targets SEC's Gensler Over Crypto Approach
Ripple CEO Brad Garlinghouse has launched a pointed critique against SEC Chairman Gary Gensler, branding him a "political liability" during an interview at the World Economic Forum in Davos. Garlinghouse questioned Gensler's commitment to the interests of the American public and the long-term economic growth of the country. He suggested that a change in SEC leadership would be advantageous for the United States.
The criticism follows the SEC's cautious approach to the cryptocurrency industry, with delayed approvals for Bitcoin ETFs and legal actions against various crypto firms. The SEC's decision to drop charges against Ripple was seen as a significant setback, prompting Garlinghouse's critical remarks.
In the interview with CNBC's Arjun Kharpal, Garlinghouse accused Gensler of acting against the interests of the citizenry and the economy, describing his approach as a "political liability." Despite recent approvals for Spot Bitcoin ETFs, Gensler continues to issue warnings about cryptocurrency investments, leading Garlinghouse to characterize this behavior as "insanity." He predicted a potential change in SEC leadership, suggesting it would be in the best interest of the American people.
Garlinghouse also raised concerns about Gensler's alleged connections with former FTX CEO Sam Bankman-Fried, referencing a video that suggested questionable meetings during a challenging period for FTX. This commentary adds fuel to existing disputes and implies potential political influences on Gensler's regulatory decisions.
The recent court loss by the SEC in a case against Grayscale Investments, where the SEC attempted to block the transformation of Grayscale's Bitcoin trust into a Spot Bitcoin ETF, further supports Garlinghouse's criticism, highlighting perceived flaws in the SEC's regulatory approach.
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Spot Bitcoin ETF Approval Post: No 2FA or Market Manipulation By SEC?
Happy New Year, dear reader! Hope you enjoyed the holidays. Today’s post is on the fake X post of the SEC about Spot Bitcoin ETF approval. Bitcoin ETF approval has been all the rage from the end of 2023 to the beginning of 2024. A date (10/01/2024) has even been fixed for the SEC to give their final verdict on the issue. Suddenly, a fake approval post was made, and the SEC Chair came out to…
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blockdagcoins · 5 days
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Is it Time for the Spot Ethereum ETF to Finally Make Its Debut in the Crypto Market?
The current state of Ethereum and the broader crypto market, highlighting the growing interest in digital assets. It outlines the benefits of a spot ETH ETF, such as increased accessibility, enhanced liquidity, and potential price stability. Regulatory challenges and the need for approval from financial authorities are discussed, along with comparisons to Bitcoin ETFs. The post advocates for the introduction of a spot ETH ETF as a crucial step for the maturation and mainstream adoption of the cryptocurrency market.
For more details, visit: Blockdag Network Blog
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bitcoinreportitalia · 11 days
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🌟 Ex dirigente di BlackRock per gli ETF Bitcoin nominato nuovo CEO di Vanguard:
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🌟 Il mondo istituzionale si apre a Bitcoin? Salim Ramji, ex responsabile degli ETF crypto di BlackRock, assume la guida di Vanguard. Un potenziale cambio di rotta per l'azienda, che potrebbe finalmente abbracciare prodotti Bitcoin come gli ETF. Un passo importante per la normalizzazione e la diffusione di Bitcoin tra gli investitori tradizionali. Tuttavia, non possiamo escludere che questa sia solo una manovra strategica per cooptarne il successo e integrarlo nel sistema esistente, senza un reale impegno per la sua filosofia decentralizzata.
🌟 La community Bitcoin è divisa: alcuni vedono questa mossa come una valida opportunità per l'adozione di massa, mentre altri temono un'eccessiva influenza centralizzatrice e la perdita dei principi anarchici alla base di Bitcoin. Solo il tempo dirà se questo segna l'inizio di una nuova era per Bitcoin o una sua lenta assimilazione da parte del sistema finanziario tradizionale.
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coinatory · 21 days
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Grayscale Bitcoin ETF Registers Sustained Inflows Amidst Market Fluctuations
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Grayscale's Bitcoin Trust (GBTC), heralded as the world's largest spot Bitcoin ETF, reported its second consecutive day of net inflows on May 6, a noteworthy recovery from the substantial outflows that surpassed $17.5 billion since January's inception of similar financial products. According to data from Farside Investors, GBTC witnessed inflows amounting to $3.9 million, a modest sum compared to other industry players like the Fidelity Wise Origin Bitcoin Fund (FBTC), yet significant enough to contribute to the continued influx of capital into the spot Bitcoin ETF sector. This resurgence in investor interest aligns with a broader reversal for GBTC, which recorded its first net inflow in over three months on May 3, following a troubling period of continuous capital withdrawals. These outflows, which had resulted in a 33% reduction
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bithubi · 2 months
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Bitcoin ETF Move from Hong Kong: Giant Companies Are in the Game!
The Hong Kong regulator has approved the administration of Harvest International and China Asset Management “Coins Circles”. Thus, they finally opened the doors for the spot Bitcoin ETF. Expectations are for a spot Bitcoin ETF to launch by the end of April. Additionally, experts expect Hong Kong’s spot Bitcoin ETF market to reach approximately $2 billion. Approval for two giant companies: Green…
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kripto-parahaber · 3 months
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Spot Ethereum ETF beklentilerinde son durum – Fiyat 4,000 doların üzerinde kapanışa hazırlanıyor
Kripto Para Haber – Kripto para piyasasındaki en büyük altcoin olan Ethereum (EHT) fiyatı, 4,000 dolara ulaşmasının ardından yatırımcılarının yüzünü güldürdü. Bu yükselişi tetikleyen nedenlerden bazıları piyasa lideri olan Bitcoin’in fiyat hareketi, ETH ETF spekülasyonu ve yaklaşan Dencun yükseltmesinin altcoin üzerindeki iyimser etkileri oldu. Ethereum, 2 yılı aşkın bir sürenin ardından ilk kez…
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cryptosnewss · 3 months
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Bitcoin ETFs Surge: Blackrock's IBIT Leads Record-Breaking Volume
Key Points: Ten spot bitcoin ETFs break $10 billion trading volume record. Blackrock’s IBIT surpasses $11 billion AUM, accumulates 170,000 bitcoins. Bloomberg ETF analyst Eric Balchunas notes unprecedented volume surge. In a remarkable display of investor interest, ten spot bitcoin exchange-traded funds (ETFs) witnessed an unprecedented surge in trading volume, totaling a staggering $10 billion…
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thegeopolitica · 3 months
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Bitcoin, one of the most widely used and popular cryptocurrencies, reached $60,000 on Wednesday for the first time in more than two years. During the day’s trading session, Bitcoin peaked at $60,131, a 6% increase over the previous day. The price was also the highest since November 2021, when the cryptocurrency reached just below $70,000.
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dencyemily · 5 months
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Ethereum Breaks Crucial Resistance, Analyst Predicts Rally Towards $3,500
Renowned analyst Michael van de Poppe signals a significant breakthrough for Ethereum, surpassing the crucial $2,130 resistance level and paving the way for a compelling upward trajectory. The recent SEC approval of spot Bitcoin ETFs has further fueled Ethereum's surge, demonstrating resilience against anticipated pullbacks.
As traders anticipate a rally towards $2,700, Ethereum is at a pivotal juncture, with the potential to shape the broader crypto market. Van de Poppe predicts that Ethereum's momentum will persist, aiming for new cycle highs of $3,500 in the next 2-3 months.
The breach of the $2,130 barrier is considered crucial, indicating a potential shift in market sentiment and the growing prominence of bullish forces. Despite expected pullbacks, Ethereum has showcased resilience, maintaining gains and defying selling pressure.
Currently trading at $2,663, Ethereum reflects a 0.52% increase in the last 24 hours and an impressive 18.62% surge in the past 7 days, with a 24-hour trading volume of $19.19 billion. In the volatile cryptocurrency market, the focus now shifts to whether Ethereum's projected rally will materialize, making the coming months pivotal for its trajectory and broader market influence.
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a2zcryptoswap · 4 months
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oao2010 · 5 months
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It's A Watershed Moment With US SEC Approving 11 Bitcoin Spot ETFs
Photo by Anna Nekrashevich on Pexels.com Introduction The approval of 11 Bitcoin spot ETF applications by the US Securities and Exchange Commission (SEC) is generating significant interest and speculation about its potential impact on the market. While opinions on the matter are mixed, it is important to consider various factors that could influence the market if the SEC approves a Bitcoin spot…
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bitcoinreportitalia · 13 days
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🤯 Bitcoin conquista Wall Street: Wells Fargo e JPMorgan Chase investono in ETF Spot Bitcoin!
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🆘 La rivoluzione Bitcoin avanza a passi da gigante! Due delle più grandi banche americane, Wells Fargo e JPMorgan Chase, hanno svelato partecipazioni in ETF Spot Bitcoin, segnando un passo monumentale nell'adozione di Bitcoin da parte delle istituzioni.
🆘 Questo storico evento rappresenta un'ulteriore legittimazione di Bitcoin e un chiaro segnale che il futuro del denaro è decentralizzato. L'ingresso di questi giganti finanziari nel mercato Bitcoin contribuirà ad accelerarne l'adozione diffusa e ad aumentare la sua credibilità come riserva di valore affidabile.
🆘 Mentre gli investitori istituzionali si affrettano ad abbracciare Bitcoin, il suo potenziale rivoluzionario diventa sempre più evidente. Bitcoin offre una via d'uscita dal sistema monetario fiat in declino, controllato dalle banche centrali, e rappresenta un passo verso un futuro finanziario più libero ed equo per tutti.
🆘 Prepariamoci a un'ondata di adozione di Bitcoin ancora più ampia, mentre sempre più individui e istituzioni riconoscono il suo valore intrinseco e il suo potenziale di trasformazione.
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coinatory · 2 months
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Hong Kong Set to Greenlight Pioneering Bitcoin and Ethereum ETFs
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Hong Kong's financial regulators are on the cusp of approving the first exchange-traded funds (ETFs) for Bitcoin and Ethereum, marking a significant milestone in the cryptocurrency sector of Asia. Bloomberg reports that the announcement could come by April 15, establishing Hong Kong as the pioneer in Asia's cryptocurrency ETF market. The first approvals are likely to be granted to an international division of China's Harvest Fund Management Co. and a collaborative effort between Bosera Asset Management (International) Co. and HashKey Capital. These approvals are pending final verifications. Pending final endorsement from the Securities and Futures Commission (SFC) and completion of listing agreements with Hong Kong Exchanges & Clearing Ltd, both asset management firms aim to launch their ETFs by the end of April. This follows
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