Bitcoin ETFs Mean ‘Substitution’ From Gold Into BTC Will Continue, Says Cathie Wood
While bitcoin’s price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.
Bitcoin ETF
Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares
New U.S. bitcoin ETFs have amassed $7.7 billion in funds since debut, offsetting the $6 billion outflows from incumbents, according to CoinShares data.
A Bitcoin ETF Will Never Be Your Bitcoin
Bitcoin ETFs give investors exposure to price movements but not to the financial ownership and sovereignty that makes crypto different from other financial assets, says Pascal Gauthier, Chairman and CEO at Ledger.
Bitcoin ETF Provider Valkyrie Adds BitGo as Second Custodian in Risk Mitigation Move
The digital asset investment firm has become the first of the ETF providers to diversify custody of its coins by tapping BitGo’s expertise in addition to Coinbase.
BlackRock and ProShares’ Bitcoin ETFs Surpassed GBTC’s Daily Volumes
GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.
First Mover Americas: Bitcoin Regains $42K Following Wednesday’s Dip
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Price Nears $44K as ETFs See Net Inflows for First Time in a Week
The 10 spot bitcoin ETFs on Monday experienced their first net inflows in one week, helping to send the price of bitcoin to its highest level since the day after the funds began trading.
Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors
The index provider previously had one of the highest fees of 0.39% for its bitcoin ETF.
Anthony Scaramucci Predicts Bitcoin to Hit at Least $170K Post Halving
Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin {{BTC}} soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.
First Mover Americas: Bitcoin Consolidates at $42K
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.