ETFbitcoin
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Bitcoin Price Surpasses $62,000: Factors Hinting at a Major Bull Run
According to CryptoPotato, Bitcoin's price has recently surpassed $62,000, sparking speculation about the start of a major bull run. Some important factors suggest that reaching a new all-time high might be just around the corner. One crucial factor is the Bitcoin halving, scheduled to take place in April this year. The halving reduces the rate at which new BTC are mined, potentially making them more valuable if following the economic fundamentals of supply and demand. Historically, the event has been followed by an overall market resurgence.
Another sign signaling that Bitcoin's price might spike even more in the near future is the investors' shift from centralized platforms to self-custody methods. According to CryptoQuant, BTC exchange netflows have been predominantly negative in the past few weeks, with a huge red candle charted on March 1. Storing holdings in personal wallets suggests a growing confidence among investors and their desire to stay in the market for the long term. It also reduces the immediate selling pressure. This trend might fuel advancements in services designed to simplify self-custody for a wider range of users, potentially drawing in new participants and motivating current investors to increase their exposure.
In the past, the peak of Bitcoin's bull cycles has coincided with a record interest in terms of Google searches. The asset's popularity on the world's largest search engine has indeed increased in the last few months but is still way below the levels observed at the end of 2021 (when the all-time high of almost $70,000 was reached). Leading altcoins, such as Ethereum (ETH), Ripple (XRP), Cardano (ADA), and many more, also need to catch up with the record interest observed three years ago, meaning they might be on the verge of another bull run as well.
Another sign signaling that Bitcoin's price might spike even more in the near future is the investors' shift from centralized platforms to self-custody methods. According to CryptoQuant, BTC exchange netflows have been predominantly negative in the past few weeks, with a huge red candle charted on March 1. Storing holdings in personal wallets suggests a growing confidence among investors and their desire to stay in the market for the long term. It also reduces the immediate selling pressure. This trend might fuel advancements in services designed to simplify self-custody for a wider range of users, potentially drawing in new participants and motivating current investors to increase their exposure.
In the past, the peak of Bitcoin's bull cycles has coincided with a record interest in terms of Google searches. The asset's popularity on the world's largest search engine has indeed increased in the last few months but is still way below the levels observed at the end of 2021 (when the all-time high of almost $70,000 was reached). Leading altcoins, such as Ethereum (ETH), Ripple (XRP), Cardano (ADA), and many more, also need to catch up with the record interest observed three years ago, meaning they might be on the verge of another bull run as well.
BITWISE FILES FOR SPOT ETHEREUM ETF
Bitwise filed its 19b-4 and S-1 documents concurrently with Fidelity. Its filing does not mention staking, a feature included by other issuers like ARK 21Shares and Fidelity in earlier submissions.
#ETFbitcoin #Ethereum✅ #ethpump
Bitwise filed its 19b-4 and S-1 documents concurrently with Fidelity. Its filing does not mention staking, a feature included by other issuers like ARK 21Shares and Fidelity in earlier submissions.
#ETFbitcoin #Ethereum✅ #ethpump
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All those who had to sell #Bitcoin in theory have already sold and the 60K are holding in the lower part of the range, attentive to the opening of the markets. Greetings gap hunters.
#ETFbitcoin #Binance
#ETFbitcoin #Binance
#ETFbitcoin Bitcoin ETFs continue to gain importance, this week they hit another volume record.
According to data taken from Cointelegraph. BTC ETFs in the U.S. increased their trading volume to USD 10 billion on March 5, surpassing last week's record USD 7.7 billion. A Bloomberg ETF analyst was surprised by the trading volume reached by an ETF in only two months of its creation, remembering that the etf funds were created on January 11 of this year.
The largest authorized participants (APs) with their ETF funds are the following
BlackRock's iShares Bitcoin ETF (IBIT) with a volume of USD 3.7 billion,
Grayscale Bitcoin Trust (GBTC) with a volume of USD 2.8 billion, and the Fidelity Wise Origin ETF (Fidelity Wise Origin) with a volume of USD 2.8 billion.
and the Fidelity Wise Origin Bitcoin Fund (FBTC) 2.0 billion USD.
2 billion, i.e. these 3 funds alone account for $8.5 million.
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Bitcoin ETFs
#BTC #TrendingTopic #ETF #ETFbitcoin #BTCETFS What are Bitcoin ETFs?Bitcoin ETFs are exchange-traded funds that track the value of Bitcoin and trade on traditional market exchanges rather than cryptocurrency exchanges. They allow investors to invest in Bitcoin without having to go through the hassle of using a cryptocurrency exchange while providing leverage to its price.How Do Bitcoin ETFs Work?An ETF (exchange-traded fund) is an investment fund that tracks the price of an underlying asset or index. Today, ETFs are available for several assets and industries, ranging from commodities to currencies.A Bitcoin ETF would work the same way—the price of one share of the exchange-traded fund would fluctuate with the price of Bitcoin. If Bitcoin increases in value, so does the ETF, and vice versa. But instead of trading on a cryptocurrency exchange, the ETF would trade on a market exchange like the NYSE or TSX.Advantages of Bitcoin ETFsConvenienceInvesting in a Bitcoin ETF provides leverage to the price of Bitcoin without having to learn about how Bitcoin works, having to sign up for a cryptocurrency exchange, and taking on the risks of owning Bitcoin directly. For example, Bitcoins are held in a wallet, and if an investor loses the password to the wallet, their Bitcoin is lost forever. A Bitcoin ETF simplifies the process of investing in Bitcoin.DiversificationAn ETF can hold more than just one asset. For example, A Bitcoin ETF could comprise Bitcoin, Apple stocks, Facebook stocks, and more—providing investors with the opportunity to mitigate risk and diversify their portfolio. Similarly, by trading on a regulated market exchange, a Bitcoin ETF would provide investors with the chance to diversify their existing equity portfolios.Tax efficiencyGiven that Bitcoin is unregulated and decentralized, the majority of the world’s tax havens and pension funds do not allow for purchases of Bitcoin. On the other hand, a Bitcoin ETF trading on traditional exchanges would likely be regulated by the SEC and eligible for tax efficiency.Disadvantages of Bitcoin ETFsManagement feesETFs usually charge management fees for the convenience they provide. Therefore, owning a significant amount of shares in a Bitcoin ETF could lead to high management fees over time.ETF inaccuracyWhile ETFs track the price of an underlying asset, they can also have multiple holdings in a bid to diversify the portfolio. However, this suggests that a 50% rise in the price of Bitcoin may not be accurately reflected in the value of the exchange-traded fund due to its other holdings. Therefore, while an ETF provides leverage to Bitcoin’s price, it may or may not be an accurate tracker of its price.Limits to cryptocurrency tradingBitcoin can be traded for other cryptocurrencies, like Ethereum, Litecoin, XRP, and more. A Bitcoin ETF would not be eligible to trade for other cryptos, as it is not a cryptocurrency but simply an investment fund that tracks the price of Bitcoin.Lack of Bitcoin ownershipBitcoin serves as a hedge against central banks, fiat currencies, and equities. By being independent of central banks, Bitcoin provides a way to mitigate risks associated with the financial system. Bitcoin also protects users and investors by providing privacy through the Bitcoin blockchain. A Bitcoin ETF would be regulated by the government, eliminating these benefits.Do Bitcoin ETFs Exist?Yes, Bitcoin ETFs are becoming more common as the cryptocurrency space gains popularity. One example of a Bitcoin ETF is ProShares Bitcoin Strategy ETF (ticker: BITO) traded on the NYSEArca. The U.S. Securities and Exchange Commission (SEC) has blocked several other proposals for Bitcoin ETFs on the grounds that the market is unregulated.Most Bitcoin ETFs use futures to mimic the performance of the cryptocurrency. Another way to gain exposure to Bitcoin without actually purchasing it is to invest in cryptocurrency and blockchain companies, which provide leverage to the crypto market.$BTC
Bitcoin update & Hyblock Heatmaps
I'm waiting for a bullish continuation like this. Doesn't have to happen today, ranging is possible too.
But if the ETF demand stays THAT high, we should see a new ATH this week again.
Have a great start to the week and please say gm back!
#HotTrends #Ansarmahais
#BTC #ETFbitcoin
I'm waiting for a bullish continuation like this. Doesn't have to happen today, ranging is possible too.
But if the ETF demand stays THAT high, we should see a new ATH this week again.
Have a great start to the week and please say gm back!
#HotTrends #Ansarmahais
#BTC #ETFbitcoin
Ethereum (ETH) ETF: SEC Delays Decision On BlackRock’s Proposal Again, Regulator Requests Public Feedback
The speculation surrounding the approval of an Ethereum (ETH) spot ETF (exchange-traded fund) has created expectations among crypto investors. After the historic approval and launch of Bitcoin spot ETFs in the US in January, all eyes have turned to the May 23rd deadline.
In the most recent development, the US Securities and Exchange Commission (SEC) has delayed the decision to approve or deny BlackRock’s Ethereum ETF proposal for a second time. Instead, the US regulator is now seeking the public’s feedback concerning the investment products based on the second largest cryptocurrency.
BlackRock’s iShares Ethereum Spot ETF Yet To Be Approved
BlackRock filed for an ETH spot ETF back in November of 2023. The firm’s proposal for its iShares Ethereum Trust is designed to track the price performance of Ether closely.
Fidelity, another giant in the asset management industry, submitted its proposal for an Ethereum spot ETF the same month as BlackRock. Other firms like Franklin Templeton, Grayscale, and Ark Invest have also filed for the exchange-traded product (ETP) and are awaiting approval by the SEC.
In January, the US regulatory agency delayed the decision timeline on BlackRock’s proposal to March. The commission argued that it found it “appropriate” to designate a longer examination period to consider the proposed rule change to list and trade shares of the iShares Ethereum Trust and the “issues raised therein.”
Now that March has come, the US regulator delayed its decision again. The Monday filing shows that the SEC is “instituting proceedings under Section 19(b)(2)(B) of the Act12 to determine whether the proposed rule change should be approved or disapproved.”
The institution of proceedings, as the document explains, does not indicate that the regulator has reached a decision. The SEC considers this measure appropriate given “the legal and policy issues raised by the proposed rule change.”
#ETFbitcoin #TrendingTopic #WIF
The speculation surrounding the approval of an Ethereum (ETH) spot ETF (exchange-traded fund) has created expectations among crypto investors. After the historic approval and launch of Bitcoin spot ETFs in the US in January, all eyes have turned to the May 23rd deadline.
In the most recent development, the US Securities and Exchange Commission (SEC) has delayed the decision to approve or deny BlackRock’s Ethereum ETF proposal for a second time. Instead, the US regulator is now seeking the public’s feedback concerning the investment products based on the second largest cryptocurrency.
BlackRock’s iShares Ethereum Spot ETF Yet To Be Approved
BlackRock filed for an ETH spot ETF back in November of 2023. The firm’s proposal for its iShares Ethereum Trust is designed to track the price performance of Ether closely.
Fidelity, another giant in the asset management industry, submitted its proposal for an Ethereum spot ETF the same month as BlackRock. Other firms like Franklin Templeton, Grayscale, and Ark Invest have also filed for the exchange-traded product (ETP) and are awaiting approval by the SEC.
In January, the US regulatory agency delayed the decision timeline on BlackRock’s proposal to March. The commission argued that it found it “appropriate” to designate a longer examination period to consider the proposed rule change to list and trade shares of the iShares Ethereum Trust and the “issues raised therein.”
Now that March has come, the US regulator delayed its decision again. The Monday filing shows that the SEC is “instituting proceedings under Section 19(b)(2)(B) of the Act12 to determine whether the proposed rule change should be approved or disapproved.”
The institution of proceedings, as the document explains, does not indicate that the regulator has reached a decision. The SEC considers this measure appropriate given “the legal and policy issues raised by the proposed rule change.”
#ETFbitcoin #TrendingTopic #WIF
JUST IN:
Tim Buckley to resign as CEO of Vanguard, the $7.2 trillion asset manager.
Recently, Vanguard prohibited all Bitcoin ETFs on its platform.
Follow for the latest.
#TrendingTopic #BTC #ETFbitcoin #Vanguard
Tim Buckley to resign as CEO of Vanguard, the $7.2 trillion asset manager.
Recently, Vanguard prohibited all Bitcoin ETFs on its platform.
Follow for the latest.
#TrendingTopic #BTC #ETFbitcoin #Vanguard
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Pay attention tonight to the price at market closing time, since for the first time in history we have #halving of #btc existing #ETFbitcoin , a lot of volatility is expected, which could leave us with a more than interesting #gap for Monday. Furthermore, the price right now is right in the center of the range (as we said yesterday, not arithmetic). Greetings gap hunters.
💫💫💫 JUST IN: 🇮🇳 US ETFs to be offered to institutional and retail investors across India.
👉initially four spot ETFs – BlackRock, Fidelity, Franklin Templeton and Vanguard.
👉 "The bitcoin spot ETF works as a security and Indians are allowed to purchase securities under the Liberalised Remittance Scheme (LRS) and, as a result, users or institutions specifically, who do want to get access to bitcoin can now start using the bitcoins through ETFs to diversify their portfolio,"
👉The LRS simplifies overseas investments for Indians. The overall LRS limit, as prescribed by the Reserve Bank of India, is $250,000 a year.
👉 spot Bitcoin ETFs with a minimum investment requirement of $5,000 and a maximum cap of $250,000.
👉 Meanwhile, the Reserve Bank of India (RBI) has maintained a steadfast stance against crypto, recently asserting that India should not mirror the U.S.’s approach to ETFs due to economic risk considerations.
👉 On the other hand, the Finance Ministry’s Intelligence Unit has registered over two dozen Indian crypto service providers and imposed substantial taxes on the sector. While both entities prioritize safeguarding the Indian economy and investors, their regulatory strategies differ.
#BTC #ETFExposure #ETFbitcoin $BTC $ETH $XRP #ETF
👉initially four spot ETFs – BlackRock, Fidelity, Franklin Templeton and Vanguard.
👉 "The bitcoin spot ETF works as a security and Indians are allowed to purchase securities under the Liberalised Remittance Scheme (LRS) and, as a result, users or institutions specifically, who do want to get access to bitcoin can now start using the bitcoins through ETFs to diversify their portfolio,"
👉The LRS simplifies overseas investments for Indians. The overall LRS limit, as prescribed by the Reserve Bank of India, is $250,000 a year.
👉 spot Bitcoin ETFs with a minimum investment requirement of $5,000 and a maximum cap of $250,000.
👉 Meanwhile, the Reserve Bank of India (RBI) has maintained a steadfast stance against crypto, recently asserting that India should not mirror the U.S.’s approach to ETFs due to economic risk considerations.
👉 On the other hand, the Finance Ministry’s Intelligence Unit has registered over two dozen Indian crypto service providers and imposed substantial taxes on the sector. While both entities prioritize safeguarding the Indian economy and investors, their regulatory strategies differ.
#BTC #ETFExposure #ETFbitcoin $BTC $ETH $XRP #ETF
💰 Bitcoin ETFs did 10x the inflow of Gold ETFs yesterday 🤯
Bitcoin +$514mm vs Gold +$52mm.
#BTC #Bitcoin #ETFbitcoin #ETF: #TrendingTopic
Bitcoin +$514mm vs Gold +$52mm.
#BTC #Bitcoin #ETFbitcoin #ETF: #TrendingTopic
🚨 BREAKING 🚨
$BTC WILL BREAK NEW ALL TIME
HIGH SOONER THAN YOU. SO STOP
LOOKING AT CHARTS 24HRS AND
STOP PANICKING OVER 5% DIPS.
YOU WILL MAKE CRAZY MONEY IN
NEXT 12-14 MONTHS. HOLD YOUR
POSITIONS TIGHT & BE PATIENT.
INSTITUTIONS ARE DEPLOYING
BILLIONS IN CRYPTO.
#TrendingTopic #BTC #ETFbitcoin #ETH
$BTC WILL BREAK NEW ALL TIME
HIGH SOONER THAN YOU. SO STOP
LOOKING AT CHARTS 24HRS AND
STOP PANICKING OVER 5% DIPS.
YOU WILL MAKE CRAZY MONEY IN
NEXT 12-14 MONTHS. HOLD YOUR
POSITIONS TIGHT & BE PATIENT.
INSTITUTIONS ARE DEPLOYING
BILLIONS IN CRYPTO.
#TrendingTopic #BTC #ETFbitcoin #ETH
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Digital asset investment products are soaring like a rocket, with annual inflows hitting a new high! This "digital gold boom" is simply astonishing!
According to CryptoPotato, digital asset investment products are also on the rise as the market recovers more broadly. According to the latest data from CoinShares, inflows last week reached $646 million, bringing the year-to-date inflows to a record $13.8 billion, significantly exceeding the $10.6 billion in 2021. However, enthusiasm for spot Bitcoin ETFs seems to be waning. In fact, the latest data from CoinShares' digital asset fund liquidity shows that weekly liquidity has not reached the highs of early March, with trading volume falling to $17.4 billion last week, down from $43 billion in the first week of March.
The Singapore asset management company further revealed that investor sentiment remains polarized in terms of regions. The United States added $648 million in inflows in the past week. Similar trends were seen by investors in Brazil, Hong Kong, and Germany, resulting in inflows of $10 million, $9 million, and $9.6 million, respectively. On the other hand, Switzerland and Canada recorded weekly outflows of $27 million and $7.3 million, respectively.
Bitcoin continues to be a major focus for investors, with inflows reaching $663 million over the past week. Meanwhile, short-term Bitcoin investment products saw outflows for the third consecutive week, totaling $9.5 million, suggesting a “small capitulation” from bearish investors. Ethereum also saw outflows for the fourth consecutive week, totaling $22.5 million. This is in contrast to most other cryptocurrencies, which continued to observe inflows over the past week. Among them, notable are Litecoin, Solana, and Filecoin, which observed inflows of $4.4 million, $4 million, and $1.4 million, respectively. During the same period, investment products associated with Polkadot, Cardano, and XRP also recorded small inflows of $600,000, $200,000, and $100,000.
#大盘走势 #BTC #ETFbitcoin #Polkadot #xrp $BTC $XRP $ETH
According to CryptoPotato, digital asset investment products are also on the rise as the market recovers more broadly. According to the latest data from CoinShares, inflows last week reached $646 million, bringing the year-to-date inflows to a record $13.8 billion, significantly exceeding the $10.6 billion in 2021. However, enthusiasm for spot Bitcoin ETFs seems to be waning. In fact, the latest data from CoinShares' digital asset fund liquidity shows that weekly liquidity has not reached the highs of early March, with trading volume falling to $17.4 billion last week, down from $43 billion in the first week of March.
The Singapore asset management company further revealed that investor sentiment remains polarized in terms of regions. The United States added $648 million in inflows in the past week. Similar trends were seen by investors in Brazil, Hong Kong, and Germany, resulting in inflows of $10 million, $9 million, and $9.6 million, respectively. On the other hand, Switzerland and Canada recorded weekly outflows of $27 million and $7.3 million, respectively.
Bitcoin continues to be a major focus for investors, with inflows reaching $663 million over the past week. Meanwhile, short-term Bitcoin investment products saw outflows for the third consecutive week, totaling $9.5 million, suggesting a “small capitulation” from bearish investors. Ethereum also saw outflows for the fourth consecutive week, totaling $22.5 million. This is in contrast to most other cryptocurrencies, which continued to observe inflows over the past week. Among them, notable are Litecoin, Solana, and Filecoin, which observed inflows of $4.4 million, $4 million, and $1.4 million, respectively. During the same period, investment products associated with Polkadot, Cardano, and XRP also recorded small inflows of $600,000, $200,000, and $100,000.
#大盘走势 #BTC #ETFbitcoin #Polkadot #xrp $BTC $XRP $ETH
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Warning Bitcoin price may decrease further???
#hotTrends #ETFbitcoin $BTC $ETH GBTC net outflow, down 53% from the previous day... 170 million USD.The net outflow of Grayscale Bitcoin Trust (GBTC), which was experiencing record net outflows, fell significantly. On the 18th, a record net cash flow of 642.5 million USD was recorded. 9th place (443.5 million USD)
20th (386.6 million USD)
21st (358.8 million USD)
Capital outflows from spot bitcoin ETFs increased sharply
20th (386.6 million USD)
21st (358.8 million USD)
Capital outflows from spot bitcoin ETFs increased sharply
BTC-Spot ETF-Market Sees Net Inflows Slide in the Week
On Friday, BTC declined by 1.09%. Following a 1.11% loss from Thursday, BTC ended the session at $50,763.
Investors reacted to BTC-spot ETF market flow data for the Thursday and Friday sessions. The BTC-spot ETF market recovered from net outflows on Wednesday (February 2). On Thursday, the BTC-spot ETF market saw net inflows of $251.4 million.
Significantly, Fidelity Wise Origin Bitcoin Fund (FBTC) ranked number one by net inflows, overtaking iShares Bitcoin Trust (IBIT). FBTC last outmuscled IBIT on February 7. Nonetheless, IBIT and FBTC continue to corner the US BTC-spot ETF market, accounting for 81% of total net inflows.
#Write2Earn #BTC #ETFbitcoin
On Friday, BTC declined by 1.09%. Following a 1.11% loss from Thursday, BTC ended the session at $50,763.
Investors reacted to BTC-spot ETF market flow data for the Thursday and Friday sessions. The BTC-spot ETF market recovered from net outflows on Wednesday (February 2). On Thursday, the BTC-spot ETF market saw net inflows of $251.4 million.
Significantly, Fidelity Wise Origin Bitcoin Fund (FBTC) ranked number one by net inflows, overtaking iShares Bitcoin Trust (IBIT). FBTC last outmuscled IBIT on February 7. Nonetheless, IBIT and FBTC continue to corner the US BTC-spot ETF market, accounting for 81% of total net inflows.
#Write2Earn #BTC #ETFbitcoin
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According to SoSoValue data, yesterday (April 8, Eastern Time), Bitcoin spot ETFs attracted a total of $223 million in inflows. At the same time, Grayscale's GBTC ETF suffered a single-day outflow of $303 million, bringing GBTC's historical net outflow to $15.81 billion. The Bitcoin spot ETF that attracted the most inflows yesterday was the Bitwise ETF NYSE, with a single-day net inflow of approximately $40.33 million. The second was BlackRock's IBIT ETF, with a single-day net inflow of approximately $21.27 million. As of now, the total net asset value of Bitcoin spot ETFs is $60.19 billion, the ETF net asset ratio (the proportion of market value to the total market value of Bitcoin) has reached 4.27%, and the historical cumulative net inflow has reached $12.39 billion.
#BTC、 #ETFbitcoin $BTC #ibit
#BTC、 #ETFbitcoin $BTC #ibit
#Write2Earn On February 14th, exchange-traded fund (ETF) inflows surged to $340 million, bolstering Blackrock's total to nearly $5 billion.
Nonetheless, there were significant withdrawals from $GBTC, amounting to $131 million, and withdrawals from Invesco Galaxy, totaling $37.5 million. The recent outflow pattern from Invesco raises questions about the fundamental causes.
Before the US trading session, there was a spike in price activity, which was followed by a sideways movement, which may have been caused by FOMO (fear of missing out) expectation. Further upward momentum appears expected given the clear break above $50,000 and the steady net inflows of half a billion dollars each day.
This flood effectively lowers the quantity of Bitcoin accessible on the market, decreasing the likelihood of large declines. The price trajectory of Bitcoin is expected to keep rising as long as the pattern of net inflows continues.
#BTC; #BTCAlert #BTC/USDT. #ETFbitcoin
Nonetheless, there were significant withdrawals from $GBTC, amounting to $131 million, and withdrawals from Invesco Galaxy, totaling $37.5 million. The recent outflow pattern from Invesco raises questions about the fundamental causes.
Before the US trading session, there was a spike in price activity, which was followed by a sideways movement, which may have been caused by FOMO (fear of missing out) expectation. Further upward momentum appears expected given the clear break above $50,000 and the steady net inflows of half a billion dollars each day.
This flood effectively lowers the quantity of Bitcoin accessible on the market, decreasing the likelihood of large declines. The price trajectory of Bitcoin is expected to keep rising as long as the pattern of net inflows continues.
#BTC; #BTCAlert #BTC/USDT. #ETFbitcoin
