Grayscale Bitcoin Trust (GBTC), the world’s largest cryptocurrency investment vehicle, has experienced a notable influx of investor funds for the first time since the January approval of US spot Bitcoin exchange-traded funds (ETFs). Grayscale Bitcoin Trust Bounces Back With Inflows Data compiled by Bloomberg reveals that on May 3, Grayscale’s Bitcoin Trust received approximately $63 […]
First Time In 71 Days: BlackRock’s Bitcoin ETF ‘IBIT’ Registers Zero Inflows | Bitcoinist.com
In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift in trading dynamics. After an impressive streak of 71 consecutive days of inflows, IBIT recorded zero inflows during Wednesday’s trading session, marking the first time in nearly three months. Turning Point For BlackRock’s […]
BlackRock’s Bitcoin ETF Nears New Record With 69-Day Inflow Streak | Bitcoinist.com
The Bitcoin ETF market has witnessed a notable inflow streak, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) leading the race. Since gaining approval from the US Securities and Exchange Commission (SEC) on January 10, the ETF market has experienced over three months of trading. However, BlackRock stands out as the frontrunner, boasting an impressive inflow […]
In response to the global demand for Bitcoin-related products, Brazil has seized the opportunity to capitalize on the momentum surrounding the leading cryptocurrency. According to a Reuters report, Brazilian exchange operator B3 announced on Thursday that it has received approval from Brazil’s securities regulator to offer Bitcoin futures trading, which is expected to begin on […]
Amidst growing concerns of illicit activities involving cryptocurrencies, reports have emerged linking North Korean hackers associated with the notorious Lazarus Group to an exploit of Ethereum (ETH) through the virtual currency mixer Tornado Cash. It is alleged that the hackers are now involved in a transfer to BlackRock, the largest asset management firm, as claimed […]
Bitcoin (BTC) recently achieved a significant milestone by reaching an all-time high (ATH) of $73,700 on March 14th. This surge was primarily attributed to the booming Bitcoin ETF market, which substantially impacted the cryptocurrency’s price. However, following this new ATH, BTC has experienced a significant price correction, hitting a low of $60,900 on Tuesday, March […]