BlackRock's Bitcoin exchange-traded fund (ETF), iShares Bitcoin ETF ($IBIT), has amassed over 222,591.8 BTC tokens in its asset portfolio since its January launch, as per recent data published on March 14 by BitMEX Research. According to the data, $IBIT records daily inflows of investments exceeding hundreds of millions of dollars. ...
Bitcoin has overtaken Silver to become the eighth biggest asset by market value in the world. According to new data from CompaniesMarketCap, Bitcoin's value, with a total market capitalization of $1.407 trillion, now exceeds Silver's by over $24 billion. While Bitcoin still trails Alphabet, Google's parent company, by over $200 ...
Bitcoin call options have experienced a surge in activity, reminiscent of the heightened interest observed during the 2021 bull run. According to data from Deribit, over $20 million has been invested in Bitcoin call options with a $200,000 strike price on the crypto options exchange. Call options are financial contracts ...
The Bitcoin community is buzzing with reactions as the BlackRock spot Bitcoin ETF surpasses the iShares Silver Trust, the largest Silver ETF, in terms of assets under management (AUM), according to a new report. Miguel Cuneta, a user on X, shared his perspective on this development, suggesting that Bitcoin is ...
Mike Novogratz, the CEO of Galaxy Digital, gave an extensive analysis of the existing state and future projection of Bitcoin amid the rapidly expanding decentralized financing landscape in an exclusive interview with CNBC’s ‘Squawk Box.’ Novogratz noted that Bitcoin could drop to a price range of about $45k,even reaching $42k. ...
European regulators have reiterated their opposition to Bitcoin despite its recent resurgence in the market. In a blog post published on February 22nd, the European Central Bank (ECB) expressed its antipathy towards Bitcoin, citing specific challenges facing the digital asset. Although the ECB acknowledged that the recent approval of the ...
In a notable trend shift, while spot Bitcoin exchange-traded funds (ETFs) have been attracting significant inflows since their January launch, major gold-tracking ETFs are experiencing substantial outflows, amounting to $2.39 billion since the beginning of the year. Bloomberg Senior Intelligence Analyst Eric Balchunas highlighted this divergence in investor sentiment, reporting ...
Michael Saylor, MicroStrategy CEO, said that the demand for Bitcoin (BTC) investment products is about ten times larger than the supply available in the crypto market. In an interview with CNBC, Saylor expressed optimism for the crypto market. He believes that the SEC's approval of Bitcoin ETFs spurred a notable ...
Electric vehicle (EV) manufacturing company Tesla didn't sell or buy any of its Bitcoin holdings during the last quarter of 2023, according to its latest financial reports released on January 24, 2023. Currently, Tesla is the third-largest public holder of Bitcoin, trailing behind MicroStrategy and Marathon (MARA). The company presently ...
US-based ETF issuers Invesco and WisdomTree have cut trading fees on their European exchange-traded funds by 60% in a bid to join the spurring war for market share by international ETF providers. Invesco and WisdomTree, currently the 6th and 10th largest spot Bitcoin ETF issuers in the U.S., are the ...
