Spot Bitcoin exchange-traded funds (ETFs) in the United States have returned to net inflows. According to data from Farside Investors, the twelve-spot Bitcoin ETFs experienced a collective net inflow of $340.7 million on February 4. This marked a reversal from the previous day when the ETFs had faced net outflows ...
Hong Kong's newly launched spot Bitcoin exchange-traded funds (ETFs) are struggling to match the selling and buying pressure of their United States-based counterparts. The debut of the first batch of Hong Kong Bitcoin and Ether-based ETFs on April 30 generated excitement among crypto holders. However, trading activity has been disappointing, ...
Australia's primary stock exchange, the Australian Securities Exchange (ASX), could approve several spot Bitcoin exchange-traded funds (ETFs) by year-end, according to a report from Bloomberg. Following in the footsteps of fund issuers in the United States and Hong Kong, Bitcoin ETF applications from VanEck Australia and local ETF-focused fund manager ...
It appears that the assumed connection between the price of Bitcoin ($BTC) and Bitcoin ETF flows has weakened. Bitcoin is currently trading above the $64,000 price level, a 0.5% increase from its level at the same time the previous day. This price movement occurred despite outflows from Bitcoin exchange-traded funds ...
South Korea's Financial Supervisory Service (FSS) is set to meet with the United States Securities and Exchange Commission (SEC) to seek counsel on matters regarding spot Bitcoin exchange-traded funds, as reported by Hankyung on Monday, February 5, 2024. Lee Bok-hyun, the financial agency's South Korean Director, explained in a Questions ...
Blockchain technology is not just a tool for financial services, according to Chris Dixon, a partner at Andreessen Horowitz. He believes it is here to stay. In a recent interview on CNBC, Dixon described blockchain as an expansive technology with the potential to change how we build and interact with ...
