Bitcoin's price surpassed $67,000 following a substantial $222M investment into U.S. Spot Bitcoin ETFs, indicating a positive market attitude and investor confidence in the crypto leader.
Bitcoin's price has hit an all-time high in its latest bull market, commencing from mid-2023, fueled by the potential approval of ETFs.
Bitcoin has recently surged to $66,867, indicating a bullish market trend fueled by significant ETF inflows, especially into GBTC, which reflects growing investor confidence.
Bitcoin experiences a significant decline in value due to unprecedented outflows from ETFs, despite its prior rally and status as a possible inflation hedge.
Hong Kong's approval of Ethereum ETF represents a pivotal development for its crypto markets, potentially influencing future regulatory decisions, particularly for Proof-of-Stake protocols.
The article discusses Bitcoin's record daily drop due to significant ETF outflows, indicating a major sell-off in the market influenced by regulatory shifts and technology updates.
The US leads the global Bitcoin ETF market, with Spot BTC ETFs attracting $10 billion in AUM and 937 institutional investors during Q1.
Bitcoin crosses $50,000 driven by mainstream adoption and positive sentiment, indicating cryptocurrency's growing acceptance in traditional finance.
Bitcoin experiences a notable decline in value after a substantial ETF withdrawal, despite a previous rally elicited by heightened investor interest and gains in altcoins amid regulatory discussions.
Despite growing adoption, Bitcoin faces a significant value drop due to massive ETF outflows, highlighting market volatility and investor uncertainty.
Bitcoin faces its biggest single-day fall triggered by massive ETF withdrawals amid regulatory uncertainty and market volatility, showing investor caution.
Coinbase forecasts that Ethereum will have a strong performance in the second half of 2024 despite its current underperformance, on the basis of possible ETF approval and successful outcomes from legal challenges.
Better Markets warns that approving a spot Ether ETF could pose systemic risks to the broader financial system by intertwining crypto with traditional finance.
US corporations lead in ownership of spot Bitcoin ETFs post Form 13-F filing season, showcasing the growing acceptance of Bitcoin as an asset class within the American corporate landscape.
Bitcoin's price reached $66,867, a peak not seen for a month, driven by positive sentiment and ETF inflows.
Grayscale spot Bitcoin ETF has reversed a four-month outflow trend with $31.6 million inflows in the latest session, indicating investor confidence.
The SEC is deciding on Ethereum-based spot ETFs soon, a key moment for firms looking to launch the first ETFs directly tied to Ethereum.
Millennium Management has become the leading holder in Bitcoin ETFs with over $2 billion invested across BlackRock's IBIT, Fidelity's FBTC, and Grayscale's GBTC, reflecting a diversified institutional interest in Bitcoin investments.
Galaxy Digital CEO Mike Novogratz foresees a bright future for the crypto market, suggesting that a U.S. spot Bitcoin ETF approval and Bitcoin's upcoming halving could significantly boost the market.
The SEC will decide in one week on the approval of Ethereum spot ETFs, which directly hold Ethereum.
The ETF token on Solana's blockchain surged over 200% in a day amid growing interest in cryptocurrency ETFs, raising questions about SOL's potential for significant growth.
A surge in Bitcoin's (BTC) value has led to the highest daily trading volume of US spot Bitcoin exchange-traded funds (ETFs) since March 24, reaching $5.65 billion according to cryptocurrency analytics firm Santiment.
Dogecoin co-creator Billy Markus shares his skepticism regarding the approval of Ethereum-based ETFs by the SEC and their potential impact on Dogecoin's future.
Bitcoin's rebound has led to a surge in US spot Bitcoin ETF trading volumes, reaching $5.65 billion. Concurrently, Ethereum's price resilience shows a bullish comeback, holding above $2,850.
The article discusses the surge in trading volumes of Bitcoin ETFs, which has been concurrent with the increase in BTC's price, suggesting a strong HODLer sentiment.
Bitcoin (BTC) ETF experienced significant institutional inflows, breaking the cryptocurrency's price above $67,000. Traditional financial players are increasingly participating in the crypto space, with a notable surge in ETF investments. Concurrently, Coinbase stocks see a rally due to an upgrade.
The crypto community is eagerly waiting for the SEC to approve a spot Ethereum ETF, with Coinbase being particularly optimistic about its eventual introduction.
Bitcoin's ascent over $66,000, driven by institutional demand and optimism, could see it cross $74,000 soon with possible spot ETF approvals.
Regulators are hesitant about an Ethereum ETF due to concerns it may lead to a regulatory slippery slope concerning the asset's status.
The Hong Kong spot bitcoin ETFs have shown a lackluster performance post-launch, with modest net assets of $228 million and variable inflows and outflows, including recent net negative outflows of about 104.79 BTC.
Bitcoin struggles to break out towards $70,000 despite being on a downtrend since its March peak. Analyst Willy Woo suggests the coin is in a warm-up phase with high liquidity indicating a low long-term risk and potential surge. CryptoQuant founder Ki Young Ju agrees, seeing Bitcoin mid-bull cycle. Spot Bitcoin ETF inflows exceed $1.3 billion in two weeks, signaling investor interest.
Bitcoin ETF trading volumes hit a seven-week high following Bitcoin's price surge to around $67,000, signaling growing interest from institutional investors.
Coinbase Research, led by David Han, suggests that the market significantly underestimates the potential and imminent approval of a US spot Ethereum ETF, which could greatly influence ETH.
The cryptocurrency market experienced a 2.50% increase over the last 24 hours, attributed to inflows into Bitcoin ETFs.
U.S. spot bitcoin ETFs have reached their fourth day of inflows, adding $257.3 million, while Grayscale's Bitcoin Trust (GBTC) saw $4.6 million in inflows. The gap between Blackrock's IBIT and GBTC’s bitcoin reserves is narrowing.
Eric Balchunas notes that BlackRock's IBIT, a spot Bitcoin ETF, leads the market with the highest Bitcoin holdings and a record 414 holders in its first 13F season.
Hong Kong's Bitcoin ETFs see diminished interest, with trading volumes and asset management falling short of the U.S. despite high expectations.
Coinbase, a key player in the U.S. cryptocurrency market and custodian for Bitcoin ETFs from BlackRock, experienced a 9.5% plunge in stock value from its high of $280, significantly affected by market trends.
Bitcoin (BTC) sees a price surge to $66K, buoyed by encouraging ETF data on May 17, 2024, as detailed in CoinDesk's First Mover newsletter.
Bitcoin maintains a stable price point at $66,600 while LINK, an altcoin, experiences an 18% soar within a day. The gain signifies a broader market rally evidenced by increased Bitcoin ETF inflows.
Bitcoin's price surge to $67,000 led to a significant rise in Bitcoin ETF volumes, achieving $6 billion daily and the highest in seven weeks since late March.
Bitcoin's price surge to $67,000 led to a significant increase in ETF volumes, with seven Bitcoin ETFs hitting a $5.65 billion volume in a single day, and 937 US firms investing in Bitcoin ETFs in the first quarter.
U.S. spot Bitcoin ETF trends suggest growing institutional interest, especially from Millennium Management, and Galaxy Digital's ETF investments are boosting Bitcoin's value.
Coinbase analyst David Han suggests the market is underestimating the potential for a spot Ethereum ETF approval, hinting at possible positive surprises.
Bitcoin ETFs witnessed a surge in daily volumes, reaching nearly $6 billion, levels last seen in late March, as BTC's price reached new highs for May.
US spot Bitcoin ETFs experienced a surge to $303 million inflows on May 15, encouraged by favorable US CPI data and a rise in BTC prices, marking the highest ingress since early May.
Wisconsin's State Investment Board has invested in Bitcoin ETFs, including $64 million in Grayscale's GBTC and $99.2 million in BlackRock's IBIT, potentially influencing multi-state crypto adoption.
Institutional giants such as Millennium Management are speculated to be behind the rise in Bitcoin ETF inflows, signaling growing mainstream acceptance of cryptocurrency investments.
US spot Bitcoin ETFs see a surge in trading volumes, with $257 million in net inflows recorded on May 16.
U.S. Bitcoin ETFs have experienced massive inflows this week, with purchases approximately five times higher than the amount of Bitcoin mined. Major institutions like Grayscale, BlackRock, and Fidelity are significant contributors to the $257 million net inflow recorded in a single day.
Bitcoin's price surged to over $66,000, leading to a $150B increase in crypto market valuation, aided by ETF inflows and positive US CPI data.
The spot Bitcoin ETF inflow reached $257 million on May 16, indicating growing positive sentiment and increased institutional interest in cryptocurrency.
US spot Bitcoin ETFs experienced a fourth successive day of net inflows, with a total of $257.34 million added on Thursday.
QCP Capital anticipates a bullish trend for Bitcoin, predicting a possible climb to $74,000 highs due to ETF inflows and recent price surges.
Morgan Stanley has disclosed investments in Bitcoin ETFs through an SEC filing, highlighting increased institutional cryptocurrency engagement.
Dogecoin co-founder Billy Markus doubts the SEC's approval of spot Ethereum ETFs, creating significant discussion in the crypto community.
Institutional investors are increasingly endorsing Bitcoin, with SEC filings showing 937 firms owning Bitcoin Spot ETFs. BlackRock's Bitcoin Spot ETF notably exhibits tremendous growth, strongly outperforming Gold ETFs.
937 institutional investors disclosed through 13F filings with the SEC that they hold the Bitcoin Spot ETF, outnumbering those with Gold ETF holdings.
A Bitwise executive suggests the current $3 billion investment into Bitcoin ETFs is just the beginning, implying that professional firms are poised to increase their allocations, potentially boosting BTC price in the coming months.
QCP Capital forecasts Bitcoin may soon hit $74K due to positive market conditions, including US CPI data and renewed institutional interest. Inflows into spot Bitcoin ETFs in the US saw a surge, led by Fidelity's FBTC and Bitwise's BITB. Analysts attribute the bullish trend to factors like institutional adoption and easing inflation concerns.
Morgan Stanley has invested $270 million in US spot Bitcoin ETFs, coinciding with a price surge in Bitcoin. The financial giant's 13F filings reveal significant ETF purchases, underlining institutional interest in cryptocurrency.
BlackRock's Bitcoin ETF has set a new record with a number that dwarfs the average holder count for ETFs, boasting 200 times more holders.
Galaxy Digital's stock soars following the successful performance of Bitcoin ETFs, indicating a strong link between the company's success and the Bitcoin market.
Investment giant Vanguard, with a $7.7 trillion portfolio, may step into the Bitcoin ETF market, following the hiring of Salim Ramji, a former BlackRock executive experienced in launching BlackRock's Bitcoin Trust.
Bitcoin's price experienced a significant surge due to a decrease in US inflation rates, with Blackrock IBIT becoming the preferred ETF among investors.
The ETH/BTC ratio has hit a three-year low, with analysts attributing the decline to waning interest in Ethereum as Bitcoin's ETF hype draws altcoin investors. Meanwhile, Bitcoin's price surged to $66K amid favorable U.S. inflation data, but Ethereum didn't capture similar investor enthusiasm.
Billy Markus, the creator of Dogecoin, has expressed skepticism on the prospects of Ethereum-based ETFs, noting potential regulatory hurdles given Ethereum's status.
Eric Balchunas is impressed with the early performance of BlackRock's spot Bitcoin ETF, which has garnered over 400 holders.
Billy Markus voiced doubts over the potential for Ethereum ETFs, citing SEC hesitance in approving Ethereum commodity trust shares, which stirs industry unease.
Vanguard's new CEO, Salim Ramji, in his first interview, stated that the decision about the Bitcoin ETF will remain unchanged.
US Bitcoin ETFs have attracted investments from over 500 organizations, with expectations to grow beyond 700 institutions holding a total of $5 billion in assets. Currently, 563 professional firms hold $3.5 billion in Bitcoin ETFs.
Ethereum (ETH) options traders anticipate increased market volatility as the month ends, awaiting the U.S. SEC's decision on VanEck and Ark Invest/21Shares's spot Ethereum ETF applications.
Bitcoin maintains a steady value above $66,000 while the wider crypto market benefits from positive inflation data and ETF statistics, leading to over 5% gains in digital assets.
Bitcoin (BTC) has seen a near 10% increase, bringing optimism to the crypto market, partly due to increasing investments in spot BTC ETFs. The cryptocurrency is testing higher price levels, recently reaching $60,700.
US spot Bitcoin ETFs experience a two-week high with $303 million inflows, driven by Bitcoin's price surge above $66,000 and institutional interest from entities like Millennium Management and the State of Wisconsin’s Investment Board.
Coinbase plans to launch a service for Australia's self-managed pension sector, with A$1 billion in crypto allocations since March 2019.
Bitcoin's bearish trade setup turned bullish with potential to break the $68,000 barrier. Grayscale & BlackRock's impact on Bitcoin's rally via Spot ETF volume discussed.
Millennium Management announced a $2 billion ETF portfolio focused on Bitcoin, generating significant attention in finance.
Major institutions show increasing interest in Bitcoin ETFs, with Millennium Management leading as a top investor following the SEC's first-quarter 13F filings.
Spot Bitcoin ETFs in the United States experienced record inflows of $302.97 million on Wednesday, marking the highest since May 3 and indicating strong market activity.
U.S. spot Bitcoin ETFs witness a substantial rise in daily net inflows, indicating increased institutional interest.
This article discusses the impact of Bitcoin ETFs on Galaxy Digital's shares, marking a 40% increase. It suggests that the positive performance of Bitcoin correlates with the financial health of Galaxy Digital, indicating a strong link between the success of cryptocurrency investments and the company's stock value.
Major banks are entering the Bitcoin ETF market, driving trading volume to a new peak of $5.65 billion, the highest activity seen since late March, according to Santiment. This shift indicates a movement away from traditional large-scale on-chain accumulations by crypto whales.
Vanguard's incoming CEO, Salim Ramji, asserts the company will not offer a Bitcoin ETF, aligning with their cautious investment approach that deems Bitcoin too speculative.
Salim Ramji, Vanguard's new CEO, confirms the company will not launch a spot Bitcoin ETF, despite growing interest in the industry.
Salim Ramji, Vanguard's new CEO, upholds the firm's decision not to launch a spot Bitcoin ETF, aligning with Vanguard's view of crypto as speculative and immature.
Este artículo discute las expectativas de aumento en la cotización de Bitcoin convirtiendo las posiciones actuales en ETFs de BTC como una mera inversión inicial, con grandes firmas aumentando su asignación en los próximos seis meses.
Investors and analysts expect heightened volatility for Ethereum (ETH) as the SEC nears its verdict on spot ETF applications, with a predicted surge in ETH value by month-end.
Bloomberg ETF analyst Eric Balchunas highlights growing institutional interest in Bitcoin ETFs, with Wisconsin purchasing 94,562 shares of BlackRock's iShares Bitcoin Trust.
The Bitcoin spot ETF experienced a significant $100.5M inflow, dominated by Ark Invest with $133M, contrasting with Grayscale's GBTC which saw a $50M outflow, indicating a market shift.
Bitwise's CIO Matt Hougan discusses the surge in institutional Bitcoin Spot ETF purchases.
Investment giants Millennium and Elliott Management are holders of a Bitcoin ETF, joining other large investors like the State of Wisconsin.
Millennium Management has invested over $800 million in BlackRock's Bitcoin ETF, as reported in a recent SEC filing, highlighting significant institutional interest in spot Bitcoin ETFs.
The SEC's 13F reports highlight significant investments in Bitcoin ETFs by three companies.
Millennium Management owns a Bitcoin ETF valued around $2 billion, making up 3% of its fund.
Scott Johnsson from Van Buren Capital hints that the SEC's scrutiny of the Ethereum ETF application as a security might influence its approval, posing implications for ETH's future.
Millennium Management owns shares worth $1.94 billion in five spot bitcoin ETFs per their recent regulatory filing.
Analysts suggest the SEC may deny Ethereum ETFs due to considering ETH a 'security,' causing uncertainty in the market and affecting ETH's price.
A major fund management company reported a $5.2 billion Bitcoin Spot ETF purchase to the SEC.
The prospects for an Ethereum ETF appear bleak as analysts predict the SEC will reject any spot ETH ETF proposals, citing its potential classification as a 'security'.
The new Vanguard CEO, previously at BlackRock, will not change the company's stance on avoiding a Bitcoin ETF launch when he takes charge on July 8.
Scott Johnsson from Van Buren Capital indicates that the SEC might reject spot Ethereum ETF applications before the anticipated deadline of May 23.
The SEC's decision on Ethereum ETF applications will soon expire, causing speculation about potential outcomes and impacts for the cryptocurrency.