[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…
Tag: ETF
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.…
Can cryptocurrency go green in the future? – Digital Transformation News
[ad_1] Why green cryptocurrency? The global cryptocurrency market is projected to grow from $910.3 million in 2021 to $1,902.5 million in 2028 at a CAGR of 11.1% in 2021-2028, as…
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…
Day two of spot bitcoin ETF trading tops $3.1 billion as Grayscale and BlackRock lead
[ad_1] Spot bitcoin ETFs continued to live up to the hype in a second day of trading, with total volume of $3.1 billion. That’s compared to the $4.6 billion of…
The launch of the spot bitcoin ETF is just the beginning
[ad_1] Okay the bitcoin spot ETF is here. Now what? The debut of the new funds was met with much fanfare and liquidity, with day two of trading seeing $3.1…
Gensler speculates on Ethereum post Bitcoin ETF approval
[ad_1] On the heels of the approval of spot Bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is exercising caution on Ethereum. In an interview with CNBC,…
Crypto News LIVE Updates: BTC Price Slips Towards $43K As Bitcoin ETF Euphoria Fades
[ad_1] Crypto News LIVE Updates: The crypto market was awash with red during morning hours in Asia on Saturday. The OG cryptocurrency Bitcoin plunged over 7% in the last 24 hours,…
$100 Billion Bitcoin And Crypto ETF Price Crash Suddenly Accelerates After Serious Fed Warning—Hitting Ethereum, XRP And Solana
[ad_1] BitcoinBTC and cryptocurrencies—including top ten coins ethereum, XRPXRP and solana—have fallen sharply despite a huge $10 trillion bitcoin price bet. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and…
Bitcoin losses accelerate following ETF launch, while ether heads for an 18% gain on week
[ad_1] Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years…