[ad_1] Compared to the RBA’s latest economic forecasts, Betashares chief economist, David Bassanese predicts the coming year will see stronger economic growth, lower inflation, and a “modest lift” in the…
Tag: Bitcoin
Grayscale Bitcoin ETF sees $579m in daily net outflows
[ad_1] According to reports from Bloomberg Intelligence, Grayscale’s Bitcoin ETF has experienced significant withdrawals, amounting to approximately $579 million. The magnitude of this withdrawal is notable in the context of…
Crypto Community Raises Alarm Over Coinbase’s Dominance Of Bitcoin Held In Spot ETFs
[ad_1] Coinbase, the largest cryptocurrency exchange in the United States, is presently serving as the custodian of the majority of the Spot Bitcoin ETFs managed by various asset management companies…
Coinbase dominance over Bitcoin ETF custody raises concerns
[ad_1] Coinbase is the custodian of eight of the 11 approved Bitcoin ETFs, and several blockchain specialists and ETF consultants have raised concerns about this high concentration on one platform.…
JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs
[ad_1] It’s unclear how much fresh capital the new spot bitcoin exchange-traded funds (ETF) will attract, but significant funds from other crypto products are expected to pour in, J.P. Morgan…
Bitcoin hash rate at all-time highs; Gala and InQubeta in focus
[ad_1] Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Bitcoin (BTC) hash rate peaked on Jan.…
SEC OKs spot BTC ETFs, Bitcoin retests $49k | Weekly Recap
[ad_1] This week witnessed a historic development, as U.S. regulators approved all 11 spot BTC ETF filings. Afterward, Bitcoin retested the $49,000 level for the first time in 24 months.…
Vanguard ceases support for Bitcoin futures ETF purchase
[ad_1] Vanguard, one of the world’s largest asset managers, continues to maintain its anti-Bitcoin sentiment, with the company recently stating that it would stop the purchase of Bitcoin futures exchange-traded…
Bitcoin climbs to $49,000 as trading of US spot ETFs commences
[ad_1] Bitcoin surged past $49,000 for the first time since December 2021 with trading commencing on the first US exchange-traded funds that invest directly in the biggest cryptocurrency. Before paring…