Harvest Plans To Open Bitcoin ETF To Mainland China

Bitcoin, Bitcoin ETF Mainland China, Bitcoin News, btc, china, Harvest, hong kong, spot Bitcoin ETF, Spot Bitcoin ETF Hong Kong

Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to mainland Chinese investors through the Hong Kong Stock Connect. This development could vastly expand the investor base and significantly impact the cryptocurrency market […]

Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time | Bitcoinist.com

Bitcoin, Bitcoin News, bitcoin price, btc, BTC news Bitcoin ETF, btc price, btcusd, BTCUSDT, ETF, ETF news, Grayscale, Grayscale news, spot Bitcoin ETF

In a rather shocking development, Grayscale Bitcoin Trust (GBTC) has recorded its first-ever inflow after witnessing significant daily outflows since its launch.  Grayscale Bitcoin ETF Records Over $60 Million In Inflows Grayscale’s Spot Bitcoin ETF has finally broken its 82-day streak of outflows since its launch on January 11, 2024. GBTC saw its first day […]

Ripple CEO Weighs In On His $5 Trillion Crypto Market Forecast, Says It Was ‘Underpredicted’

Brad Garlinghouse, Crypto, Crypto Market, Crypto News, ETFs, ripple, ripple ceo, spot Bitcoin ETF, XRP

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 […]

Hong Kong Set To Greenlight Bitcoin And Ether ETFs By Monday

Bitcoin, Bitcoin News, btc, china, Crypto News, ETH, Ether, Ethereum, ethereum news, hong kong, Short Ether ETF, spot Bitcoin ETF, Spot Ethereum ETF

Hong Kong is on the cusp of approving its first spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) with potential final approvals as early as Monday, according to Bloomberg, citing two people familiar with the matter. This move positions Hong Kong as a pivotal player in the Asian cryptocurrency market and underscores its ambition […]

Grayscale CEO Reveals When GBTC Fees Will Go Down Amid Concerning Outflows | Bitcoinist.com

Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT, ETF, ETF news, spot Bitcoin ETF

Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to overwhelm the Bitcoin ecosystem.  GBTC Fees Will Drop When This Happens According to a Cointelegraph report, Sonnenshein mentioned during […]

Vanguard CEO Double Down On Anti-Bitcoin ETF Stance – Details

Bitcoin, btcusd, BTCUSDT, ETF, spot Bitcoin ETF, Vanguard

Vanguard Chief Executive Officer Tim Buckley has once again reiterated the investment giant’s stance against the adoption of spot Bitcoin ETF. In a video release also featuring the company’s Chief Investment Officer Greg Davis, Buckley highlighted reasons backing Vanguard’s decision to be a non-partaker in the bubbling Bitcoin ETF market. Bitcoin Too Volatile, Not Worthy […]

Is Another Country Besides El Salvador Buying Bitcoin?

Bitcoin, Bitcoin News, bitcoin price, btc, btc price, BTCUSDT, El Salvador, spot Bitcoin ETF

A Bitcoin buying spree by an unknown address has not only piqued the interest of the crypto community but also sparked speculation that a sovereign state nation other than El Salvador might be accumulating the coin.  Whale Buying 100 BTC Daily In a post on X, one user speculates that the whale likely belongs to a “small […]

4 Bitcoin ETFs Get Nod From $190 Billion Wealth Manager

Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, btc price, spot Bitcoin ETF

Cetera Financial Group, a leading financial advisor Wealth Hub, has officially announced its endorsement of four spot Bitcoin Exchange-Traded Funds (ETFs). This approval paves the way for its network of financial professionals to incorporate these cryptocurrency funds into their clients’ portfolios. The Institutional Bitcoin Wave Is Rolling In Cetera, which manages assets exceeding $191 billion, […]

BlackRock’s Private Bitcoin Event: Key Insights Leaked

Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, BlackRock, btc, IBIT, spot Bitcoin ETF

BlackRock, the world’s largest asset manager, recently conducted a private event focused on Bitcoin, signaling a potentially transformative moment for cryptocurrency within traditional financial circles. The insights from this event were shared by Steven Lubka, the Managing Director and Head of Private Clients & Family Offices at Swan, through X (formerly Twitter), shedding light on […]

Market Expert Slams Spot Bitcoin ETFs As “Giant Mistake”, Here’s Why | Bitcoinist.com

Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, Bitcoin Spot ETF, btc, btc price, btcusd, BTCUSDT, ETF, ETF news, spot Bitcoin ETF

Since its launch in January, Spot Bitcoin ETFs have been growing steadily, gaining widespread adoption amongst investors and traders. However, despite its surging popularity, Jim Bianco, President and Macro Strategist at Bianco Research, has expressed his beliefs that launching Spot Bitcoin ETFs was a “Giant mistake”.  The renowned Wall Street professional has highlighted substantial shortcomings […]

Analyst: Expect The Bitcoin “Supply Shocks Of All Supply Shocks” After April

Bitcoin, bitcoin price, BlackRock, btc, BTCUSDT, Fidelity, MicroStrategy, spot Bitcoin ETF

A crypto analyst is bullish on Bitcoin (BTC), saying the market should expect a “supply shock of all supply shocks” when the network halves its miner rewards in roughly two months. The Bitcoin Mining Event In Focus Taking to X, Ted believes BTC prices will float higher after Bitcoin halves in April 2024. This event, set at […]

Binance Reclaims Nearly 50% Market Share, BNB To The Moon?

Binance, Binance Coin, Bitcoin, bitcoin price, BNB Price, bnbusdt, Cardano, Cardano Price, CFTC, Changpeng Zhao, SEC, spot Bitcoin ETF

Binance has regained its position as the world’s most dominant crypto exchange, capturing nearly 50% of the global market share, according to data from Kaiko. The analytic data provider revealed that Binance’s market share has rebounded to almost 50% in the two months following its settlement with the United States Department of Justice (DoJ). Binance’s market share […]