BitwiseBitcoinETF
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Over 20 companies, including leading Bitcoin mining firms, are poised to join the upcoming Bitwise Bitcoin Standard Corporations ETF! This groundbreaking fund focuses on businesses adopting the Bitcoin standard, requiring at least 1,000 BTC in reserves. With more companies holding Bitcoin, could this drive a surge in BTC’s price and solidify its position as a corporate treasury asset? Let’s discuss the potential market impact!
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Over 20 Companies May Join Bitwise Bitcoin Standard ETF
According to Odaily, HODL15 Capital reports that more than 20 companies have a chance of being included in the Bitwise Bitcoin Standard Corporations ETF, with 30% of these being Bitcoin mining firms. Previously, it was announced that Bitwise has applied to the U.S. Securities and Exchange Commission (SEC) for the Bitcoin Standard Corporations ETF. This fund aims to invest in the stocks of companies that adopt the Bitcoin standard, requiring them to hold at least 1,000 BTC in their reserves.
KARAKERKE :
como assim
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BitWise predicts growth for 2025
Bitcoin ETF issuer believes that in 2025
🟠 BTC will reach $200k
🟠 ETH will break $7k
🟠 SOL will reach $750
We pin the post and see what happens in a year)
🚀 Subscribe to the channel
#BitwiseBitcoinETF
Bitcoin ETF issuer believes that in 2025
🟠 BTC will reach $200k
🟠 ETH will break $7k
🟠 SOL will reach $750
We pin the post and see what happens in a year)
🚀 Subscribe to the channel
#BitwiseBitcoinETF
shanu55521:
it will rise in next November 2025
🚀 XRP News Today: Ripple Case Appeal & BTC Eyes $100K 🌟
As we approach 2024, the crypto market is buzzing with anticipation and uncertainty. Here's what’s unfolding in the world of XRP and Bitcoin today:
🔍 Ripple Case Appeal: Will XRP Soar or Sink?
The Ripple vs. SEC saga is heating up as the January 15 deadline looms. Here’s what you need to know:
1. SEC Appeal Uncertainty
Former SEC lawyer Marc Fagel speculates a potential withdrawal of the SEC’s appeal, which could set a historic legal precedent for XRP and the crypto industry.
If the SEC proceeds, XRP may face intense selling pressure, dropping below $1.50.
A withdrawal could trigger a rally, pushing XRP toward its 2018 all-time high of $3.55 and paving the way for XRP-spot ETFs.
2. SEC Leadership Transition
Gary Gensler’s exit on January 20 sparks hope for a pro-crypto shift.
Incoming SEC Chair Paul Atkins faces a balancing act, potentially signaling a shift in the agency’s stance on crypto enforcement.
3. XRP Price Update
XRP closed at $2.1537 on December 26, declining 6.21% due to market uncertainty.
Near-term price trends hinge on the SEC's next move: a filing could mean a drop, while a withdrawal might signal a rally.
💡 BTC Eyes $100K: ETF Flows Signal Renewed Demand
Bitcoin continues to wrestle with the $100K mark, driven by ETF inflows and market dynamics.
1. BTC-Spot ETF Market Trends
Inflows of $418.7M on Thursday signal rising demand, with notable contributions from:
Fidelity Wise Origin Bitcoin Fund: $254.4M
ARK 21Shares Bitcoin ETF: $186.9M
However, outflows earlier this week added pressure, highlighting the market’s volatility.
2. BTC Price Movement
BTC closed at $95,692, reversing gains from earlier in the week.
Future price trends depend on ETF inflows and the potential adoption of Bitcoin as a strategic reserve asset by the US government.
🌐 Market Outlook: XRP and BTC at a Crossroads
Ripple’s legal battle could redefine crypto regulations, with XRP positioned as the industry’s bellwether.
Bitcoin’s ETF adoption continues to gain momentum, signaling strong institutional interest.
🚨 Key Dates to Watch:
January 15, 2024: SEC Ripple case appeal deadline.
January 20, 2024: SEC Chair transition.
📊 Stay Ahead of the Market!
🔗 Unlock exclusive price insights and expert analysis to navigate XRP and BTC’s critical inflection points. Click below to stay informed and maximize your gains!
👉 Read More XRP & BTC Insights Here
📈 Let’s discuss! What’s your take on the SEC’s next move? Share your thoughts below!
#GMTBurnVote #BTCXmasOrDip? #BitwiseBitcoinETF #MarketRebound $BTC
🔍 Ripple Case Appeal: Will XRP Soar or Sink?
The Ripple vs. SEC saga is heating up as the January 15 deadline looms. Here’s what you need to know:
1. SEC Appeal Uncertainty
Former SEC lawyer Marc Fagel speculates a potential withdrawal of the SEC’s appeal, which could set a historic legal precedent for XRP and the crypto industry.
If the SEC proceeds, XRP may face intense selling pressure, dropping below $1.50.
A withdrawal could trigger a rally, pushing XRP toward its 2018 all-time high of $3.55 and paving the way for XRP-spot ETFs.
2. SEC Leadership Transition
Gary Gensler’s exit on January 20 sparks hope for a pro-crypto shift.
Incoming SEC Chair Paul Atkins faces a balancing act, potentially signaling a shift in the agency’s stance on crypto enforcement.
3. XRP Price Update
XRP closed at $2.1537 on December 26, declining 6.21% due to market uncertainty.
Near-term price trends hinge on the SEC's next move: a filing could mean a drop, while a withdrawal might signal a rally.
💡 BTC Eyes $100K: ETF Flows Signal Renewed Demand
Bitcoin continues to wrestle with the $100K mark, driven by ETF inflows and market dynamics.
1. BTC-Spot ETF Market Trends
Inflows of $418.7M on Thursday signal rising demand, with notable contributions from:
Fidelity Wise Origin Bitcoin Fund: $254.4M
ARK 21Shares Bitcoin ETF: $186.9M
However, outflows earlier this week added pressure, highlighting the market’s volatility.
2. BTC Price Movement
BTC closed at $95,692, reversing gains from earlier in the week.
Future price trends depend on ETF inflows and the potential adoption of Bitcoin as a strategic reserve asset by the US government.
🌐 Market Outlook: XRP and BTC at a Crossroads
Ripple’s legal battle could redefine crypto regulations, with XRP positioned as the industry’s bellwether.
Bitcoin’s ETF adoption continues to gain momentum, signaling strong institutional interest.
🚨 Key Dates to Watch:
January 15, 2024: SEC Ripple case appeal deadline.
January 20, 2024: SEC Chair transition.
📊 Stay Ahead of the Market!
🔗 Unlock exclusive price insights and expert analysis to navigate XRP and BTC’s critical inflection points. Click below to stay informed and maximize your gains!
👉 Read More XRP & BTC Insights Here
📈 Let’s discuss! What’s your take on the SEC’s next move? Share your thoughts below!
#GMTBurnVote #BTCXmasOrDip? #BitwiseBitcoinETF #MarketRebound $BTC
🚀 XRP News Nowadays: Swell Case Offer & BTC Eyes $100K 🌟
#BitwiseBitcoinETF
As we approach 2024, the crypto advertise is buzzing with expectation and vulnerability. Here's what's unfurling within the world of XRP and Bitcoin nowadays:
🔍 Swell Case Offer:
Will XRP Take off or Sink?
The Swell vs. SEC adventure is warming up as the January 15 deadline looms. Here's what you wish to know:
1. SEC Offer Vulnerability
Previous SEC attorney Marc Fagel hypothesizes a potential withdrawal of the SEC's offer, which might set a noteworthy legitimate point of reference for XRP and the crypto industry.
On the off chance that the SEC continues, XRP may confront seriously offering weight, dropping underneath $1.50.
A withdrawal might trigger a rally, pushing XRP toward its 2018 all-time tall of $3.55 and clearing the way for XRP-spot ETFs.
2. SEC Authority Move
Gary Gensler's exit on January 20 flashes trust for a pro-crypto move.
Approaching SEC Chair Paul Atkins faces a adjusting act, possibly signaling a move within the agency's position on crypto authorization.
3. XRP Cost Upgrade
XRP closed at $2.1537 on December 26, declining 6.21% due to advertise vulnerability.
Near-term cost patterns pivot on the SEC's following move:
a recording might cruel a drop, whereas a withdrawal might flag a rally.
💡 BTC Eyes $100K:
ETF Streams Flag Reestablished Request
Bitcoin proceeds to wrestle with the $100K check, driven by ETF inflows and advertise flow.
1. BTC-Spot ETF Showcase Patterns
Inflows of $418.7M on Thursday flag rising demand, with outstanding commitments from:
Devotion Shrewd Root Bitcoin Support:
$254.4M
ARK 21Shares Bitcoin ETF:
$186.9M
Be that as it may, surges prior this week included weight, highlighting the market's instability.
2. BTC Cost Development
BTC closed at $95,692, turning around picks up from prior within the week.
Future cost patterns depend on ETF inflows and the potential appropriation of Bitcoin as a key save resource by the US government.
🌐 Advertise Viewpoint:
XRP and BTC at a Junction
Ripple's legitimate fight may rethink crypto controls, with XRP situated as the industry's bellwether.
Bitcoin's ETF adoption proceeds to pick up energy, signaling solid regulation intrigued.
🚨 Key Dates to Observe:
January 15, 2024:
SEC Swell case request due date.
January 20, 2024:
SEC Chair move.
📊 Remain Ahead of the Advertise!
🔗 Open elite cost bits of knowledge and master examination to explore XRP and BTC's basic emphasis focuses. Press underneath to remain educated and maximize your gainings
📈 Let's talk about more within the comment box!
#Write2Earn!
As we approach 2024, the crypto advertise is buzzing with expectation and vulnerability. Here's what's unfurling within the world of XRP and Bitcoin nowadays:
🔍 Swell Case Offer:
Will XRP Take off or Sink?
The Swell vs. SEC adventure is warming up as the January 15 deadline looms. Here's what you wish to know:
1. SEC Offer Vulnerability
Previous SEC attorney Marc Fagel hypothesizes a potential withdrawal of the SEC's offer, which might set a noteworthy legitimate point of reference for XRP and the crypto industry.
On the off chance that the SEC continues, XRP may confront seriously offering weight, dropping underneath $1.50.
A withdrawal might trigger a rally, pushing XRP toward its 2018 all-time tall of $3.55 and clearing the way for XRP-spot ETFs.
2. SEC Authority Move
Gary Gensler's exit on January 20 flashes trust for a pro-crypto move.
Approaching SEC Chair Paul Atkins faces a adjusting act, possibly signaling a move within the agency's position on crypto authorization.
3. XRP Cost Upgrade
XRP closed at $2.1537 on December 26, declining 6.21% due to advertise vulnerability.
Near-term cost patterns pivot on the SEC's following move:
a recording might cruel a drop, whereas a withdrawal might flag a rally.
💡 BTC Eyes $100K:
ETF Streams Flag Reestablished Request
Bitcoin proceeds to wrestle with the $100K check, driven by ETF inflows and advertise flow.
1. BTC-Spot ETF Showcase Patterns
Inflows of $418.7M on Thursday flag rising demand, with outstanding commitments from:
Devotion Shrewd Root Bitcoin Support:
$254.4M
ARK 21Shares Bitcoin ETF:
$186.9M
Be that as it may, surges prior this week included weight, highlighting the market's instability.
2. BTC Cost Development
BTC closed at $95,692, turning around picks up from prior within the week.
Future cost patterns depend on ETF inflows and the potential appropriation of Bitcoin as a key save resource by the US government.
🌐 Advertise Viewpoint:
XRP and BTC at a Junction
Ripple's legitimate fight may rethink crypto controls, with XRP situated as the industry's bellwether.
Bitcoin's ETF adoption proceeds to pick up energy, signaling solid regulation intrigued.
🚨 Key Dates to Observe:
January 15, 2024:
SEC Swell case request due date.
January 20, 2024:
SEC Chair move.
📊 Remain Ahead of the Advertise!
🔗 Open elite cost bits of knowledge and master examination to explore XRP and BTC's basic emphasis focuses. Press underneath to remain educated and maximize your gainings
📈 Let's talk about more within the comment box!
#Write2Earn!
🪙 #bitcoin 's price has seen some movements, with a recent dip to around $94,327, down by approximately 2%. The trading range has been between $93K and $97K, which suggests a slight bearish correction after a period of bullish sentiment. Despite this dip, the market sentiment remains cautiously optimistic due to ongoing institutional interest and ETF developments.
ETF (Exchange-Traded Fund)... you've seen it buzzing on Binance a lot, right?
What actually is going on...
Bitwise Asset Management has recently filed for the Bitwise Bitcoin Standard ETF with the U.S. Securities and Exchange Commission (SEC)
This ETF aims to invest in publicly traded companies that have significant $BTC reserves on their balance sheets or generate a substantial portion of their revenue from Bitcoin-related activities. Essentially, it focuses on companies adopting what's referred to as a "Bitcoin standard."
#BitwiseBitcoinETF
ETF (Exchange-Traded Fund)... you've seen it buzzing on Binance a lot, right?
What actually is going on...
Bitwise Asset Management has recently filed for the Bitwise Bitcoin Standard ETF with the U.S. Securities and Exchange Commission (SEC)
This ETF aims to invest in publicly traded companies that have significant $BTC reserves on their balance sheets or generate a substantial portion of their revenue from Bitcoin-related activities. Essentially, it focuses on companies adopting what's referred to as a "Bitcoin standard."
#BitwiseBitcoinETF
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#BitwiseBitcoinETF 10 Key Crypto Predictions for 2025 from Bitwise (one of the issuers of spot Bitcoin ETFs)
10 Key Crypto Predictions for 2025 from Bitwise (one of the issuers of spot Bitcoin ETFs).
1. #BTC,#ETHand#SOLwill reach new ATHs,#BTCwill trade above $200,000.
2. Bitcoin ETFs will raise more money next year than in 2024.
3. Cryptocurrency exchange#Coinbasewill surpass Charles Schwab as the most expensive broker in the world. The company's stock price will reach $700.
4. 2025 will be the "Year of Crypto IPOs". At least five famous crypto unicorns will go public in the US.
5. Tokens launched by AI agents will lead an even bigger memecoin bull run than in 2024.
6. The number of countries accumulating#BTCwill double (the current breakdown by country is in the infographic).
10 Key Crypto Predictions for 2025 from Bitwise (one of the issuers of spot Bitcoin ETFs).
1. #BTC,#ETHand#SOLwill reach new ATHs,#BTCwill trade above $200,000.
2. Bitcoin ETFs will raise more money next year than in 2024.
3. Cryptocurrency exchange#Coinbasewill surpass Charles Schwab as the most expensive broker in the world. The company's stock price will reach $700.
4. 2025 will be the "Year of Crypto IPOs". At least five famous crypto unicorns will go public in the US.
5. Tokens launched by AI agents will lead an even bigger memecoin bull run than in 2024.
6. The number of countries accumulating#BTCwill double (the current breakdown by country is in the infographic).
#BitwiseBitcoinETF
Bitwise Seeks SEC Approval for Bitcoin Standard Corp ETF, Targeting Companies Holding Minimum 1,000 BTC.
Are we going to witness a new era for corporate treasuries?
#btc #eth #BitwiseBitcoinETF #bitcoin #Ethereum
Bitwise Seeks SEC Approval for Bitcoin Standard Corp ETF, Targeting Companies Holding Minimum 1,000 BTC.
Are we going to witness a new era for corporate treasuries?
#btc #eth #BitwiseBitcoinETF #bitcoin #Ethereum
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Revolution in Finance: Bitwise Launches Bitcoin Standard Corporations ETF
The cryptocurrency world is getting a new boost: Bitwise has announced the creation of an innovative exchange-traded fund (ETF) called Bitcoin Standard Corporations, which will unite leading companies implementing Bitcoin standards. This revolutionary fund has already attracted the attention of more than 20 companies, including leading miners and other large market players.
Exploring Bitwise Bitcoin ETF: A Deeper Dive to Risks & Rewards
#BitwiseBitcoinETF " data-hashtag="#BitwiseBitcoinETF" class="tag">#BitwiseBitcoinETF
Bitwise Bitcoin ETF: A Look at the Crypto Investment Vehicle
The Bitwise Bitcoin ETF (BITB) is a significant development in the cryptocurrency investment landscape, offering investors a more traditional avenue for gaining exposure to Bitcoin.
What is the Bitwise Bitcoin ETF?
* Exchange-Traded Fund (ETF): BITB is an ETF, meaning it's a fund traded on a stock exchange like any other stock. This provides several advantages over directly investing in Bitcoin:
* Regulatory Oversight: ETFs are subject to SEC regulations, offering a layer of investor protection.
* Ease of Access: Easily bought and sold through brokerage accounts, similar to traditional stocks.
* Diversification: ETFs can hold a basket of assets, potentially mitigating some of the inherent risks of Bitcoin.
* Focus on Bitcoin: The Bitwise Bitcoin ETF specifically invests in Bitcoin, aiming to track its price movements.
Key Considerations:
* Volatility: Bitcoin is known for its high volatility. This means the price of BITB can fluctuate significantly, potentially leading to significant losses for investors.
* Regulation: The cryptocurrency market is still evolving, and regulations are constantly changing. These changes could impact the performance and viability of the ETF.
* Fees: ETFs have associated fees, including management fees and trading commissions, which can impact overall returns.
Potential Benefits:
* Accessibility: Provides a more accessible entry point for investors who may be hesitant to directly purchase Bitcoin.
* Diversification: Can be incorporated into existing investment portfolios to provide exposure to a new asset class.
* Professional Management: The ETF is managed by a professional investment team, potentially offering expertise in navigating the complexities of the cryptocurrency market.
Disclaimer: I'm a learner and this article is for informational purposes only and does not constitute financial advice. Investing in cryptocurrencies carries significant risks, and investors should carefully research and consider their own investment goals and risk tolerance before making any investment decisions.
Note: This information is based on current understanding and may change.
$BTC
#BitwiseBitcoinETF " data-hashtag="#BitwiseBitcoinETF" class="tag">#BitwiseBitcoinETF
#CryptoETFMania
Bitwise Bitcoin ETF: A Look at the Crypto Investment Vehicle
The Bitwise Bitcoin ETF (BITB) is a significant development in the cryptocurrency investment landscape, offering investors a more traditional avenue for gaining exposure to Bitcoin.
What is the Bitwise Bitcoin ETF?
* Exchange-Traded Fund (ETF): BITB is an ETF, meaning it's a fund traded on a stock exchange like any other stock. This provides several advantages over directly investing in Bitcoin:
* Regulatory Oversight: ETFs are subject to SEC regulations, offering a layer of investor protection.
* Ease of Access: Easily bought and sold through brokerage accounts, similar to traditional stocks.
* Diversification: ETFs can hold a basket of assets, potentially mitigating some of the inherent risks of Bitcoin.
* Focus on Bitcoin: The Bitwise Bitcoin ETF specifically invests in Bitcoin, aiming to track its price movements.
Key Considerations:
* Volatility: Bitcoin is known for its high volatility. This means the price of BITB can fluctuate significantly, potentially leading to significant losses for investors.
* Regulation: The cryptocurrency market is still evolving, and regulations are constantly changing. These changes could impact the performance and viability of the ETF.
* Fees: ETFs have associated fees, including management fees and trading commissions, which can impact overall returns.
Potential Benefits:
* Accessibility: Provides a more accessible entry point for investors who may be hesitant to directly purchase Bitcoin.
* Diversification: Can be incorporated into existing investment portfolios to provide exposure to a new asset class.
* Professional Management: The ETF is managed by a professional investment team, potentially offering expertise in navigating the complexities of the cryptocurrency market.
Disclaimer: I'm a learner and this article is for informational purposes only and does not constitute financial advice. Investing in cryptocurrencies carries significant risks, and investors should carefully research and consider their own investment goals and risk tolerance before making any investment decisions.
Note: This information is based on current understanding and may change.
$BTC
#BitwiseBitcoinETF " data-hashtag="#BitwiseBitcoinETF" class="tag">#BitwiseBitcoinETF
#CryptoETFMania
As per #Bitwise predictions, soon upto 2025, around 10+ more $BTC Holding countries also starts with #Bitcoin Standard ..
and
As per my knowledge, upto 2030 approx. 25 plus countries will be start #BitcoinETF into their funding and Govt. Treasury systems too..
Next Upcoming #BullRun of 2028 to 2030 will be hike under the global fights of biggest treasuries into #Bitcoin holdings... 🚀👍🙏
#BitwiseBitcoinETF
and
As per my knowledge, upto 2030 approx. 25 plus countries will be start #BitcoinETF into their funding and Govt. Treasury systems too..
Next Upcoming #BullRun of 2028 to 2030 will be hike under the global fights of biggest treasuries into #Bitcoin holdings... 🚀👍🙏
#BitwiseBitcoinETF
See original
#BitwiseBitcoinETF
Today, a significant event took place in the world of cryptocurrencies - Bitwise Bitcoin ETF was launched on the stock exchange. This investment fund provides investors with an opportunity to gain access to digital assets, in particular Bitcoin, through trading stock units.
This is an important step for the cryptocurrency market, as ETF is considered a more convenient and safe way to invest in Bitcoin than buying and storing cryptocurrency directly. Investors get access to the growth of the Bitcoin rate without worrying about the safety of storing digital assets.
Bitwise Bitcoin ETF can also attract new investors to the cryptocurrency market, providing them with a convenient way to invest. This contributes to the further development and distribution of cryptocurrencies among a wide audience.
Despite a number of advantages, it should be remembered that investing in cryptocurrencies still carries risks, and investors should evaluate their capabilities and risk preferences before making a decision. However, the emergence of Bitwise Bitcoin ETF opens up new prospects for investors, increasing the availability of Bitcoin and other cryptocurrencies in the financial markets. 😉
#etf #bitcoin #cryptoassets #innovation $BTC $BNB
Today, a significant event took place in the world of cryptocurrencies - Bitwise Bitcoin ETF was launched on the stock exchange. This investment fund provides investors with an opportunity to gain access to digital assets, in particular Bitcoin, through trading stock units.
This is an important step for the cryptocurrency market, as ETF is considered a more convenient and safe way to invest in Bitcoin than buying and storing cryptocurrency directly. Investors get access to the growth of the Bitcoin rate without worrying about the safety of storing digital assets.
Bitwise Bitcoin ETF can also attract new investors to the cryptocurrency market, providing them with a convenient way to invest. This contributes to the further development and distribution of cryptocurrencies among a wide audience.
Despite a number of advantages, it should be remembered that investing in cryptocurrencies still carries risks, and investors should evaluate their capabilities and risk preferences before making a decision. However, the emergence of Bitwise Bitcoin ETF opens up new prospects for investors, increasing the availability of Bitcoin and other cryptocurrencies in the financial markets. 😉
#etf #bitcoin #cryptoassets #innovation $BTC $BNB
Bitwise Bitcoin CEO says we are going to have above $100,000 on Bitcoin
JUST IN: Bitwise CIO says "I think we're going above $100,000 on Bitcoin."
BREAKING: 🇺🇸 Bitwise has filed for a Bitcoin Standard Corp ETF with the SEC 🎉
The fund will offer exposure to companies that have adopted a Bitcoin standard and hold at least 1,000 $BTC in their corporate treasuries.
#BitwiseBitcoinETF
BREAKING: 🇺🇸 Bitwise has filed for a Bitcoin Standard Corp ETF with the SEC 🎉
The fund will offer exposure to companies that have adopted a Bitcoin standard and hold at least 1,000 $BTC in their corporate treasuries.
#BitwiseBitcoinETF
See original
#BitwiseBitcoinETF Bitwise Bitcoin ETF aims to track the Bitwise Bitcoin Index, providing investors with exposure to Bitcoin price movements without having to directly own the asset. Key Features:
Key Features
1. Bitcoin price tracking: Closely follows the market price of Bitcoin.
2. Regulated environment: Trades on traditional exchanges, such as the NYSE Arca.
3. Diversification: Provides a familiar investment vehicle for institutions and individuals.
4. Tax efficiency: May be more tax efficient than direct Bitcoin ownership.
Benefits
1. Easy access: Simplifies Bitcoin investing for traditional investors.
2. Institutional level: Meets regulatory standards.
3. Liquidity: Trades on major exchanges.
4. Transparency: Regular disclosures and audits.
Risks
1. Market volatility: Linked to Bitcoin price volatility.
2. Regulatory changes: Subject to evolving regulations.
3. Tracking errors: May not perfectly reflect Bitcoin price.
4. Fees: Management and trading costs.
Current Status
1. Pending SEC Approval*: Pending regulatory approval.
2. NYSE Arca Listing*: Planned listing on the exchange.
Competitors
1. Grayscale Bitcoin Fund (GBTC)
2. Bitcoin Brokers Strategy Fund (BITO)
3. Bitcoin Valkyrie Strategy Fund (BTF)
Investors should carefully evaluate the risks, fees, and regulatory environment before investing.
Key Features
1. Bitcoin price tracking: Closely follows the market price of Bitcoin.
2. Regulated environment: Trades on traditional exchanges, such as the NYSE Arca.
3. Diversification: Provides a familiar investment vehicle for institutions and individuals.
4. Tax efficiency: May be more tax efficient than direct Bitcoin ownership.
Benefits
1. Easy access: Simplifies Bitcoin investing for traditional investors.
2. Institutional level: Meets regulatory standards.
3. Liquidity: Trades on major exchanges.
4. Transparency: Regular disclosures and audits.
Risks
1. Market volatility: Linked to Bitcoin price volatility.
2. Regulatory changes: Subject to evolving regulations.
3. Tracking errors: May not perfectly reflect Bitcoin price.
4. Fees: Management and trading costs.
Current Status
1. Pending SEC Approval*: Pending regulatory approval.
2. NYSE Arca Listing*: Planned listing on the exchange.
Competitors
1. Grayscale Bitcoin Fund (GBTC)
2. Bitcoin Brokers Strategy Fund (BITO)
3. Bitcoin Valkyrie Strategy Fund (BTF)
Investors should carefully evaluate the risks, fees, and regulatory environment before investing.
See original
Bitwise Asset Management, a leading crypto asset management firm, launched the Bitwise Bitcoin ETF (BITB) on January 10, 2024. The ETF is designed to provide investors with affordable access to bitcoin through a professionally managed fund. With the ticker BITB, the ETF is accessible through a brokerage account, making it easy for investors to gain exposure to the world’s largest crypto asset.
BITB offers several advantages for investors, including:
Professional Management: Backed by Bitwise’s specialist team with a six-year track record of managing crypto assets for leading institutional investors.
Easy Access: Direct investment in bitcoin that can be easily accessed through a brokerage account, without having to deal with the complexities of owning bitcoin directly.
Low Cost: Provides access to bitcoin at competitive fees, making it an attractive option for a wide range of investors.
Since its launch, BITB has attracted significant interest from investors looking for a safe and efficient way to participate in the rapidly growing bitcoin market. With total assets under management reaching approximately $4.5 billion, Bitwise continues to expand its presence in global markets, including through the acquisition of European crypto firm ETC Group, announced four months ago.
It is important to note that investing in BITB carries a high level of risk and the potential for significant volatility. Investors are advised to consider their investment objectives, risk tolerance, and conduct thorough research before investing.
#BitwiseBitcoinETF
BITB offers several advantages for investors, including:
Professional Management: Backed by Bitwise’s specialist team with a six-year track record of managing crypto assets for leading institutional investors.
Easy Access: Direct investment in bitcoin that can be easily accessed through a brokerage account, without having to deal with the complexities of owning bitcoin directly.
Low Cost: Provides access to bitcoin at competitive fees, making it an attractive option for a wide range of investors.
Since its launch, BITB has attracted significant interest from investors looking for a safe and efficient way to participate in the rapidly growing bitcoin market. With total assets under management reaching approximately $4.5 billion, Bitwise continues to expand its presence in global markets, including through the acquisition of European crypto firm ETC Group, announced four months ago.
It is important to note that investing in BITB carries a high level of risk and the potential for significant volatility. Investors are advised to consider their investment objectives, risk tolerance, and conduct thorough research before investing.
#BitwiseBitcoinETF
#BitwiseBitcoinETF
The Bitwise Bitcoin Standard Corporations ETF is a proposed financial instrument designed to invest in publicly traded companies that have adopted a "Bitcoin standard" by holding at least 1,000 Bitcoin in their corporate treasuries. These companies would need to meet specific criteria, including a minimum market capitalization of $100 million and a public float of under 10%.
The Bitwise Bitcoin Standard Corporations ETF represents a novel approach to investing in the cryptocurrency space. By focusing on companies that have embraced Bitcoin as a treasury asset, the ETF offers investors a unique way to participate in the potential growth of this emerging asset class.
The Bitwise Bitcoin Standard Corporations ETF is a proposed financial instrument designed to invest in publicly traded companies that have adopted a "Bitcoin standard" by holding at least 1,000 Bitcoin in their corporate treasuries. These companies would need to meet specific criteria, including a minimum market capitalization of $100 million and a public float of under 10%.
The Bitwise Bitcoin Standard Corporations ETF represents a novel approach to investing in the cryptocurrency space. By focusing on companies that have embraced Bitcoin as a treasury asset, the ETF offers investors a unique way to participate in the potential growth of this emerging asset class.
Crypto Market Today (Dec 28, 2024): Bitcoin Stuck Below $95k, as Altcoins Struggle
The cryptocurrency market is steady after recent ups and downs, with the total market cap standing at $3.3 trillion. However, trading activity dipped slightly, with intraday trade volume falling by 1.66% to $124.18 billion. Despite this, market sentiment remains neutral, as indicated by the Fear & Greed Index at 51.
Bitcoin Struggles Below $95k
Bitcoin, the largest cryptocurrency, experienced a 2.11% drop in the last 24 hours, settling at $94,290. Interestingly, trading volumes for $BTC rose by 5.19% to $48.39 billion, showing increased trading activity during the price drop.
Reports from Farside revealed that Bitcoin ETFs saw significant outflows of $287 million on Friday. Fidelity led the outflows with $208 million, followed by Ark & 21Shares at $112 million, and Bitwise Bitcoin ETF with $36 million.
Altcoins Show Mixed Results
Altcoins had a mixed day, with Ethereum holding steady at $3,335 after a slight dip, with a market cap is $401 billion. While Ethereum ETFs faced $47.7 million in inflow, Fidelity and BlackRock reported inflows of $27 million and $20 million, respectively.
Perhaps, $SOL , $XRP , and TON struggled, each recording a decline of around 2% over the past day.
Top Gainers and Losers
Among the top performers, Bitget Token (BGB) surged by 13.68%, reaching $8.19, after Bitget announced plans for an $800 million token burn. Virtual Protocol and PEPE tokens also saw gains of 10.9% and 4%, respectively.
On the downside, Zcash (ZEC) recorded the largest loss, dropping 10.6% to $61.13. Curve DAO Token and Helium followed with losses of 9.46% and 8.8%.
#BitwiseBitcoinETF #BinanceSeason #BitwiseBitcoinETF
Bitcoin Struggles Below $95k
Bitcoin, the largest cryptocurrency, experienced a 2.11% drop in the last 24 hours, settling at $94,290. Interestingly, trading volumes for $BTC rose by 5.19% to $48.39 billion, showing increased trading activity during the price drop.
Reports from Farside revealed that Bitcoin ETFs saw significant outflows of $287 million on Friday. Fidelity led the outflows with $208 million, followed by Ark & 21Shares at $112 million, and Bitwise Bitcoin ETF with $36 million.
Altcoins Show Mixed Results
Altcoins had a mixed day, with Ethereum holding steady at $3,335 after a slight dip, with a market cap is $401 billion. While Ethereum ETFs faced $47.7 million in inflow, Fidelity and BlackRock reported inflows of $27 million and $20 million, respectively.
Perhaps, $SOL , $XRP , and TON struggled, each recording a decline of around 2% over the past day.
Top Gainers and Losers
Among the top performers, Bitget Token (BGB) surged by 13.68%, reaching $8.19, after Bitget announced plans for an $800 million token burn. Virtual Protocol and PEPE tokens also saw gains of 10.9% and 4%, respectively.
On the downside, Zcash (ZEC) recorded the largest loss, dropping 10.6% to $61.13. Curve DAO Token and Helium followed with losses of 9.46% and 8.8%.
#BitwiseBitcoinETF #BinanceSeason #BitwiseBitcoinETF
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#BitwiseBitcoinETF
Bitwise Bitcoin ETF is an exchange-traded fund (ETF) that Bitwise Asset Management seeks to launch with the aim of providing a convenient way for investors to invest in Bitcoin without having to directly own the digital currency or deal with the technical challenges associated with its storage and security.
Bitwise Bitcoin ETF Details:
1. What is an ETF?
An ETF is an investment vehicle that represents a group of assets such as stocks, currencies, or commodities. It is traded on an exchange, making it a flexible and easy way for investors.
2. Fund Objective:
The fund aims to track the performance of Bitcoin, allowing investors to benefit from the price movements of the digital currency without having to buy or store it themselves.
3. Why Bitwise?
Bitwise is an investment company specializing in digital assets. It has a strong reputation for providing innovative solutions for investors in the world of digital currencies.
4. Advantages:
Simplifies the process of investing in Bitcoin.
Reduces security risks and stores digital currencies.
Making Bitcoin available through traditional investment channels such as exchanges.
5. Challenges:
The US Securities and Exchange Commission (SEC) must be approved, which remains reluctant to approve Bitcoin ETFs due to concerns about market manipulation and inadequate regulation.
BTC#BtcNewHolder
Bitwise Bitcoin ETF is an exchange-traded fund (ETF) that Bitwise Asset Management seeks to launch with the aim of providing a convenient way for investors to invest in Bitcoin without having to directly own the digital currency or deal with the technical challenges associated with its storage and security.
Bitwise Bitcoin ETF Details:
1. What is an ETF?
An ETF is an investment vehicle that represents a group of assets such as stocks, currencies, or commodities. It is traded on an exchange, making it a flexible and easy way for investors.
2. Fund Objective:
The fund aims to track the performance of Bitcoin, allowing investors to benefit from the price movements of the digital currency without having to buy or store it themselves.
3. Why Bitwise?
Bitwise is an investment company specializing in digital assets. It has a strong reputation for providing innovative solutions for investors in the world of digital currencies.
4. Advantages:
Simplifies the process of investing in Bitcoin.
Reduces security risks and stores digital currencies.
Making Bitcoin available through traditional investment channels such as exchanges.
5. Challenges:
The US Securities and Exchange Commission (SEC) must be approved, which remains reluctant to approve Bitcoin ETFs due to concerns about market manipulation and inadequate regulation.
BTC#BtcNewHolder
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December 26, 2024, Bitcoin spot ETFs experienced net outflows of $1.514 billion in the four trading days since December 19. This reflects a shift in investor sentiment to more cautious as Bitcoin prices rose to a record high of $108,268 amid growing uncertainty over US monetary policy.
January 11, 2024, the SEC approved 11 Bitcoin spot ETFs for trading, including Blackrock's iShares Bitcoin Trust (IBIT), ARK 21Shares Bitcoin ETF (ARKB), WisdomTree Bitcoin Fund (BTCW), Invesco Galaxy Bitcoin ETF (BTCO), Bitwise Bitcoin ETF (BITB), VanEck Bitcoin Trust (HODL), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Trust (FBTC), Valkyrie Bitcoin Fund (BRRR), Grayscale Bitcoin Trust (GBTC), and Hashdex Bitcoin ETF (DEFI).
Demand for US Bitcoin spot ETFs surged after the US election, reaching a record $1.38 billion. This suggests institutional interest in Bitcoin remains strong.
The Bitcoin market is experiencing unusual activity, indicating increased adoption of US-listed spot ETFs for pure directional plays, rather than arbitrage strategies.
Overall, Bitcoin ETFs remain an attractive investment vehicle for both institutional and retail investors. Bitcoin ETFs do carry risks, such as price volatility and regulatory changes.
#BitwiseBitcoinETF $BTC
January 11, 2024, the SEC approved 11 Bitcoin spot ETFs for trading, including Blackrock's iShares Bitcoin Trust (IBIT), ARK 21Shares Bitcoin ETF (ARKB), WisdomTree Bitcoin Fund (BTCW), Invesco Galaxy Bitcoin ETF (BTCO), Bitwise Bitcoin ETF (BITB), VanEck Bitcoin Trust (HODL), Franklin Bitcoin ETF (EZBC), Fidelity Wise Origin Bitcoin Trust (FBTC), Valkyrie Bitcoin Fund (BRRR), Grayscale Bitcoin Trust (GBTC), and Hashdex Bitcoin ETF (DEFI).
Demand for US Bitcoin spot ETFs surged after the US election, reaching a record $1.38 billion. This suggests institutional interest in Bitcoin remains strong.
The Bitcoin market is experiencing unusual activity, indicating increased adoption of US-listed spot ETFs for pure directional plays, rather than arbitrage strategies.
Overall, Bitcoin ETFs remain an attractive investment vehicle for both institutional and retail investors. Bitcoin ETFs do carry risks, such as price volatility and regulatory changes.
#BitwiseBitcoinETF $BTC
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What is the Bitcoin Bitwise ETF and how does it work?
The Bitcoin Bitwise ETF is an investment fund that allows investors to profit from changes in the price of Bitcoin without buying the cryptocurrency itself. It is traded on stock exchanges like regular stocks, making it easy to access the cryptocurrency market.
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How to trade Bitcoin ETFs?
1. Open a brokerage account: You need an account with a broker through which you can buy stocks or ETFs.
2. Choose a fund: Find the Bitwise Bitcoin ETF or a similar product.
3. Place orders: Buy or sell the ETF at a time that suits you during the trading day.
4. Monitor results: Watch the price change and analyze the market to make decisions.
---
How are profits and losses formed?
Profits: When the price of Bitcoin rises, the price of the ETF also rises. Buying low and selling high makes a profit.
Disadvantages: A drop in the price of Bitcoin reduces the value of the ETF, which can lead to losses.
---
Bitcoin ETF Advantages
Easy to use without complicated crypto wallets.
Regulation, which reduces the risk of fraud.
Easy access to the cryptocurrency market through traditional exchanges.
Main risks
Volatility: The price of Bitcoin can change dramatically.
#BitwiseBitcoinETF
The Bitcoin Bitwise ETF is an investment fund that allows investors to profit from changes in the price of Bitcoin without buying the cryptocurrency itself. It is traded on stock exchanges like regular stocks, making it easy to access the cryptocurrency market.
---
How to trade Bitcoin ETFs?
1. Open a brokerage account: You need an account with a broker through which you can buy stocks or ETFs.
2. Choose a fund: Find the Bitwise Bitcoin ETF or a similar product.
3. Place orders: Buy or sell the ETF at a time that suits you during the trading day.
4. Monitor results: Watch the price change and analyze the market to make decisions.
---
How are profits and losses formed?
Profits: When the price of Bitcoin rises, the price of the ETF also rises. Buying low and selling high makes a profit.
Disadvantages: A drop in the price of Bitcoin reduces the value of the ETF, which can lead to losses.
---
Bitcoin ETF Advantages
Easy to use without complicated crypto wallets.
Regulation, which reduces the risk of fraud.
Easy access to the cryptocurrency market through traditional exchanges.
Main risks
Volatility: The price of Bitcoin can change dramatically.
#BitwiseBitcoinETF
🌟 Over 20 Companies Could Join the Bitwise Bitcoin Standard ETF 🌟
As reported by Odaily, HODL15 Capital suggests that over 20 companies might qualify for inclusion in the Bitwise Bitcoin Standard Corporations ETF. Notably, 30% of these are Bitcoin mining firms. Bitwise has already applied to the U.S. Securities and Exchange Commission (SEC) for this ETF, which focuses on investing in companies adopting the Bitcoin standard—requiring them to hold at least 1,000 BTC in their reserves.
$BTC Price:
Cherish your lows, for they reveal the truth. Time rewards those ready to take action.
Ethereum Update
Ethereum breaks $3,300 as analysts predict a new outlook for the altcoin market.
#CryptoTrends 🔥
#BitwiseBitcoinETF
As reported by Odaily, HODL15 Capital suggests that over 20 companies might qualify for inclusion in the Bitwise Bitcoin Standard Corporations ETF. Notably, 30% of these are Bitcoin mining firms. Bitwise has already applied to the U.S. Securities and Exchange Commission (SEC) for this ETF, which focuses on investing in companies adopting the Bitcoin standard—requiring them to hold at least 1,000 BTC in their reserves.
$BTC Price:
Cherish your lows, for they reveal the truth. Time rewards those ready to take action.
Ethereum Update
Ethereum breaks $3,300 as analysts predict a new outlook for the altcoin market.
#CryptoTrends 🔥
#BitwiseBitcoinETF
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#BitwiseBitcoinETF
Excellent news for investors!
The approval of #BitwiseBitcoinETF towards the mainstream adoption of cryptocurrencies. Now, investors can access the Bitcoin market safely and regulated, without the need to physically own the cryptocurrency.
I find it interesting that the Bitwise Bitcoin ETF is an investment fund that seeks to track the price of Bitcoin. This means that investors can benefit from the price fluctuations of Bitcoin without having to worry about the custody and security of the cryptocurrency.
Additionally, the approval of the Bitwise Bitcoin ETF can be a catalyst for the adoption of cryptocurrencies in general. Now, institutional and retail investors can access the cryptocurrency market more easily and securely.
However, it is also important to consider the risks associated with investing in cryptocurrencies. The cryptocurrency market is highly volatile and can experience significant fluctuations in a short period of time.
Excellent news for investors!
The approval of #BitwiseBitcoinETF towards the mainstream adoption of cryptocurrencies. Now, investors can access the Bitcoin market safely and regulated, without the need to physically own the cryptocurrency.
I find it interesting that the Bitwise Bitcoin ETF is an investment fund that seeks to track the price of Bitcoin. This means that investors can benefit from the price fluctuations of Bitcoin without having to worry about the custody and security of the cryptocurrency.
Additionally, the approval of the Bitwise Bitcoin ETF can be a catalyst for the adoption of cryptocurrencies in general. Now, institutional and retail investors can access the cryptocurrency market more easily and securely.
However, it is also important to consider the risks associated with investing in cryptocurrencies. The cryptocurrency market is highly volatile and can experience significant fluctuations in a short period of time.