75% of New Investments Go to Bitcoin ETFs
Just one month after approval by the United States Government on January 11, an estimated 75% of new investments in Bitcoin have come from the 10 newly approved spot Bitcoin exchange-traded funds.
Daily Inflows into Bitcoin ETFs Reach Record Level
On February 13, the inflow of assets into spot Bitcoin exchange traded funds (ETFs) reached $631.2 million.
Inflows into Bitcoin ETFs Reach $700M: CoinShares
Last week, more than $700 million was invested into Bitcoin-focused investment vehicles.
Net Inflows into Spot Bitcoin ETFs Hit $1.5B
On January 31, net inflows into spot Bitcoin ETFs reached $197 million, marking the fourth consecutive day of positive trend.
Standard Chartered: SEC Will Approve Spot Ethereum ETFs in May
The Securities and Exchange Commission is anticipated to use the same approach as it did for approving Bitcoin exchange-traded funds for Ethereum ETFs.
Inverse Cramer ETF Will Close After 10 Months
The ETF designed to profit from trading against CNBC Mad Money host Jim Cramer’s tips is closing down after just 10 months of trading.
CoinShares: Bitcoin Could Hit $58,700
The approval of a Bitcoin ETF and the expected loosening of monetary policy by the Federal Reserve in the first half of 2024 will push the cost of digital gold to around $58,700.
