The possibility of a BlackRock XRP ETF has been the subject of much speculation; however, Ripple CEO Brad Garlinghouse has expressed optimism about its introduction in the near future. In a recent interview with Bloomberg, Garlinghouse alluded to the recent approval of Bitcoin spot ETFs by the U.S. Securities and ...
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 ...
Michael Sonnenshein, CEO of Grayscale, has urged regulators in the United States to approve exchange-listed options for spot Bitcoin exchange-traded funds (ETFs). In a February 5 post on X, Sonnenshein emphasized that options are crucial for investors as they help with "price discovery" and can assist investors in navigating market ...
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 ...
BlackRock's spot Bitcoin exchange-traded fund ($IBIT) recorded its third-largest inflow, at $272 million, on the seventh day of live trading, according to data published by Bloomberg ETF analyst James Seyffart. The ETF had previously posted its largest inflow so far on day two of live trading at $386 million. Its ...
Wise Origin Bitcoin Trust by Fidelity Investments has become the second after BlackRock's spot Bitcoin ETF to cross the $1 billion mark of Bitcoin assets under management (AUM). This development came less than 24 hours after BlackRock crossed the milestone. BitMEX's report, published on Friday, January 19, 2024, revealed data ...
Following the recent approval of multiple Exchange Traded Funds (ETFs) focused on Bitcoin by the US Securities Exchange Commission (SEC), speculation has intensified regarding the cryptocurrency's future trajectory. While some analysts anticipate a price dump for the world's largest crypto, Fidelity Investments executive Jurrien Timmer holds a different view. Timmer, ...
Grayscale's spot Bitcoin ETF has witnessed a substantial outflow of approximately $1.1 billion within the last three days. This massive outflow from the fund followed a reduction in its discount to the lowest level in nearly three years. Bloomberg's ETF analyst, James Seyffart, reported via a post on X (formerly ...
In a departure from the flashy pop-culture-inspired advertisements of other prominent spot Bitcoin ETF providers, BlackRock has opted for a more subdued approach with its latest iShares Bitcoin Trust ETF (IBIT). Released on Thursday, January 11, 2024, BlackRock's video ad features Jay Jacobs, the firm's US head of thematics and ...
A cursory look at the weekly Bitcoin chart shows the coin hitting its highest price in quite some time, specifically since May 2022. This rally is indicative of a gradual power grab by the bulls over the last few months; Bitcoin's price broke the bear threshold and is poised to ...
