Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M
Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.
Bitcoin ETF
VanEck’s Spot Bitcoin ETF Goes Live on Australia’s Biggest Stock Exchange
The VanEck Bitcoin ETF, the first spot bitcoin exchange-traded fund on the Australian Securities Exchange (ASX), debuted on Thursday.
Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck
The Australian Securities Exchange (ASX), which accounts for 90% of Australia’s equity market, has approved its first spot-bitcoin {BTC} exchange-traded fund (ETF), according to a blog from the issuer VanEck.
Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC.
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
Ether Price Poised for Supply ‘Shock’ as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.
Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says
The first quarter addition of two spot bitcoin exchange-traded funds (ETFs) to the portfolio of Wisconsin’s pension plan was likely just the beginning for that U.S. state’s investments into crypto, said David Krause, a professor of finance at Milwaukee-based Marquette University.
Franklin Templeton’s Jenny Johnson on Bitcoin ETFs, RWA Tokenization and Blockchain’s Potential for TradFi
The president and CEO of the asset management giant said blockchains are “transformational tech” that can help drive down operational costs during a panel discussion at Consensus 2024.
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.