U.S. Bitcoin ETFs Bleed Record $563M Even as Fed’s Powell Rules Out Rate Hike
Fidelity’s FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.
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Fidelity’s FBTC, not GBTC, led outflows on Wednesday in what may be an alarming development for the bulls.
It has emerged that BNY Mellon, the largest custodian bank globally, is among the latest entities to gather exposure to … Continue reading
The post BNY Mellon: World’sWorld’s largest custodian bank reports exposure to BTC appeared first on Finbold.
BTC Stable Above $64K While ETF Outflows Hit $200 Million
For years, the crypto community has been gripped by the question of when the Securities and Exchange Commission (SEC) will … Continue reading
The post SEC to deny Ethereum ETFs next month; Here’s why appeared first on Finbold.
The move may bring fresh energy and capital into the spot ETFs.
Following the recent rally that has pushed Bitcoin (BTC) back above the psychologically important level at $70,000 and near the … Continue reading
The post Economist says Bitcoin pump is to ‘sucker ETF investors’ to buy before dump appeared first on Finbold.
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
Binance’s fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg.
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders.