Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
ETFs
Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.
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.
TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
The Protocol: Behind the Scenes as Big-Tent Consensus Goes Up
We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk’s annual conference, which starts Wednesday in Austin.
3 Questions About the SEC’s Abrupt ETH ETF Approval
Was the decision politically motivated? What does it mean for Ethereum going forward? Will other leading chains benefit too?
Gensler Says ‘Stay Tuned’ on U.S. SEC’s Decision on ETH ETF
U.S. Securities and Exchange Commission Chair Gary Gensler declined on Thursday to preview his agency’s decision on ether exchange traded funds (ETFs), though he advised observers to “‘stay tuned.”
Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein
Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said.
Here’s when Ethereum (ETH) could hit $5,000
Ethereum (ETH) is on a bull rally amid positive expectations regarding the Securities and Exchange Commission (SEC) of the United … Continue reading
The post Here’s when Ethereum (ETH) could hit $5,000 appeared first on Finbold.
Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.