The Spot Bitcoin ETF had an impressive start to April, initially experiencing total net outflows but rebounding to achieve weekly total net inflows of over $480.9 million by the end of the week. Despite this rebound, Bitcoin ETF inflows have…
The BlackRock iShares Bitcoin ETF (IBIT) made a splash on Tuesday, accumulating a record-breaking $778 million worth of Bitcoin (BTC). This massive purchase, consisting of 12,600 BTC, surpasses the fund’s previous daily acquisition peak of around 10,000 Bitcoin. Interestingly, this…
In a landmark achievement for the cryptocurrency industry, spot Bitcoin ETFs have surpassed a monumental $10 billion in assets under management (AUM) within just one month of their launch. This surge reflects Bitcoin’s recent price rally and signifies a crucial…
The cryptocurrency world is buzzing with excitement as Bitcoin’s price rockets towards $50,000, fueled by a surge in investor interest and the increasing availability of spot Bitcoin exchange-traded funds (ETFs). This trend is reflected in the record-breaking inflows into these…
The battle for supremacy in the U.S. spot Bitcoin ETF market just got spicy. BlackRock’s IBIT has dethroned Grayscale’s Bitcoin Trust ETF (GBTC) in daily trading volume, marking a potential turning point in the young industry. Initially, GBTC reigned supreme,…
The wait is over for Bitcoin enthusiasts eager to access the cryptocurrency through traditional financial vehicles. Just six days after the long-awaited approval of spot Bitcoin ETFs, these funds have accumulated a staggering 95,000 Bitcoin, worth nearly $4 billion in…
