After five weeks of fleeing the digital asset market, investors are cautiously dipping their toes back in, with Bitcoin (BTC) emerging as the clear favorite. A recent report by CoinShares reveals a net inflow of $130 million into crypto investment products, marking a potential turning point after a period of sustained outflows. US Investors Lead […]
In a recent interview with Fox on April 18th, Ripple CEO Brad Garlinghouse shared his insights on the crypto market, particularly weighing in on his recent forecast suggesting a doubling digital currency market size by 2024. In the interview, Garlinghouse also remained bullish on the long-term trajectory of the digital currency market despite recent market […]
Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds. A recent report from CoinShares highlighted nearly $1 billion net outflow from these funds, marking a historic departure from a 7-week inflow streak that had cumulatively amassed $12.3 billion. A Closer Look At The Outflows The magnitude of these […]
Bitcoin and gold have reached simultaneous record highs, echoing a symphony of surges that perplex market observers globally. This simultaneous surge in Bitcoin and the precious metal, traditionally considered disparate instruments in the investment orchestra, has prompted widespread contemplation and analysis. It’s akin to witnessing two virtuoso performers, each with their own distinct instrument, playing […]
Bitcoin soared to $69,018 on Tuesday, up from $44,000 at the beginning of the year, driving up prices for other major cryptocurrencies like ether and Solana. The surge is attributed to increased demand for spot bitcoin exchange-traded funds (ETFs), providing a less risky entry into the crypto market. Investors are drawn to bitcoin as an […]
A recent source has revealed that Ethereum Spot Exchange-Traded Fund (ETF) applicants are confident about approval from the United States Securities and Exchange Commission (SEC). Eleanor Terret Reveals Ethereum ETF Issuers’ Opinions Fox Business reporter and journalist Eleanor Terret has shared diverse anticipations regarding the SEC’s position, disclosing possible obstacles and several viewpoints. Terret took […]
Asset manager ProShares is looking to gain an advantage in the market, as suggested by its latest Bitcoin ETF filing with the Securities and Exchange Commission (SEC). This comes as its BTC futures ETF looks to have lost a significant number of investors to the recently launched Spot BTC ETFs. According to the filing, these […]
After last week’s historic approval of Spot Bitcoin ETFs (Exchange Traded Funds) by the US Securities and Exchange Commission (SEC), investors worldwide wonder about the possibility of this financial product launching in their countries. A local source released a report on January 17 stating that Thailand’s SEC has rejected the trading of ETFs in the […]
American Investment management company Vanguard Group is currently facing severe backlash after reportedly rejecting customers’ requests to access and trade Spot Bitcoin ETFs on the platform. Vanguard Experiences Mass Customer Exodus The recent approval of Spot Bitcoin ETFs on Wednesday, January 10, has set off a surge in trading activities among numerous investors. Consequently, investment […]
The cryptocurrency market has been experiencing a major surge in interest surrounding Ethereum Spot ETFs and Fidelity Investments has joined the race with its newest filing. American multinational financial service corporation, Fidelity Investments has decided to get actively involved in the ongoing Ethereum ETF mania. The mutual funds company has officially filed for an Ethereum […]
Altcoins have managed to outshine the allure of Exchange-Traded Funds (ETFs) in recent months. The resurgence of risk appetite and the promise of double-digit yields are driving traders towards alternative digital assets. ETFs are investment vehicles that allow investors to gain exposure to a diversified portfolio of assets, such as stocks, bonds, or commodities. They […]
Coinbase’s Chief Legal Officer, Paul Grewal has recently used the law to back the approval of a Spot Bitcoin Exchange Traded Fund (ETF) by the United States Securities and Exchange Commission (SEC), highlighting that the US regulator should fulfill its responsibilities. Coinbase CLO Optimism On The Approval Of A Spot BTC ETF In an interview […]