World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
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ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
An unknown entity has bought 11,268 bitcoin [BTC] worth $424 million since November 10 in what appears to be a time-weight average price (TWAP) accumulation strategy.
With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.
Gary Gensler’s SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)
BitGo CEO Mike Belshe said it’s “quite likely” the Securities and Exchange Commission (SEC) will reject a series of spot bitcoin ETF applications despite industrywide optimism.
Delaware’s Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund.
Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.
CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.
The world’s largest asset manager already made waves by seeking to list a bitcoin ETF
As the spot ETF narrative hogs the limelight, the U.S. Treasury’s recent decision to slow the pace of bond sales and worsening economic and geopolitical issues silently strengthen the bullish case in bitcoin.