BlackRock’s Bitcoin ETF Hits $1B AUM in One Week
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.
ETF
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say
Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.
Bitcoin and Ethereum to Lead Altcoins Higher in 2024
The rise of bitcoin and ethereum, and more favorable macro conditions, could be good news for altcoins this year, says Todd Groth, head of research at CoinDesk Indices.
BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right
The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said.
Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators
Several firms have filed applications for spot ether ETFs, including BlackRock.
Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto’s Staunchest Supporters
They make the asset class “less of a scary concept” to mainstream audiences, bitcoin advocate Jameson Lopp said.
Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say
The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, CoinDesk was told.
Gary Gensler’s Begrudging Bitcoin ETF Concession: ‘We Did Not Approve or Endorse Bitcoin’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator’s loss in court over rejecting Grayscale’s application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday.