Bitcoin News / Bitcoinist - 5 months ago
On April 15, Hong Kong took a significant step towards becoming a crypto hub after approving the first spot Bitcoin and Ethereum exchange-traded funds (ETFs). However, an ETF analyst, Eric Balchunas, is pouring cold water on the excitement palpable a...
Bitcoin News / Bitcoin Magazine - 5 months ago
Hong Kong has reportedly approved its first spot bitcoin exchange-traded funds (ETFs), with multiple issuers announcing they received permission to launch Bitcoin ETFs.China Asset Management, Bosera Capital and other applicants posted on social media...
Bitcoin News / Bitcoin.com - 5 months ago
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,1...
Bitcoin News / Bitcoin.com - 5 months ago
Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares Bi...
Bitcoin News / Google News Bitcoin - 5 months ago
Bitwise reveals spot Bitcoin ETFs outperformed pre-release predictions by a significant margin& & CryptoSlate
Bitcoin News / Bitcoin Magazine - 5 months ago
Of the 11 financial institutions that issued spot Bitcoin ETFs in January 2024, only two — Bitwise and VanEck — have pledged to donate a percentage of their profits to open-source Bitcoin development.Regardless of whether large holders are harassing...
Bitcoin News / Google News Bitcoin - 5 months ago
Who Will Be The Next Spot Bitcoin ETF Issuer To Support BTC Developers After Bitwise And VanEck?& & Bitcoin Magazine
Bitcoin News / Bitcoin.com - 5 months ago
A recent report indicates that spot bitcoin exchange-traded funds (ETFs) are poised to receive approval from Hong Kong regulators as early as this Monday, as stated by “people familiar with the matter.” Harvest, Hashkey and Bose...
Bitcoin News / Google News Bitcoin - 5 months ago
Sources Say Hong Kong Set to Approve First Spot Bitcoin ETFs as Early as Monday – Finance Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin Magazine - 5 months ago
The latest 13F filings with the SEC reveal that major institutional investors have been acquiring shares in the new spot bitcoin ETFs that launched this quarter.JUST IN: Wall Street firms with a combined $15 BILLION in AUM bought exposure to #Bitcoin...
Bitcoin News / Bitcoinist - 5 months ago
According to a recent Reuters report, Hong Kong is on the verge of becoming Asia’s first city to launch spot Bitcoin ETFs. Notably, the initial approvals for these ETFs are expected to be announced as early as next week, which is significantly...