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US Bitcoin ETFs on the Verge of Controlling 1 Million BTC

US Bitcoin ETFs on the Verge of Controlling 1 Million BTCAccording to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs Close in […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Wall Street Giant Goldman Sachs Discloses Over $418,000,000 in Spot Bitcoin ETF Holdings in New Filing

Wall Street Giant Goldman Sachs Discloses Over 8,000,000 in Spot Bitcoin ETF Holdings in New Filing

New filings reveal that financial services titan Goldman Sachs is holding hundreds of millions of dollars worth of spot market Bitcoin (BTC) exchange-traded fund (ETF) holdings. According to new Form 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), banking giant Goldman Sachs holds $418 million worth of BTC ETF shares. Other blue-chip […]

The post Wall Street Giant Goldman Sachs Discloses Over $418,000,000 in Spot Bitcoin ETF Holdings in New Filing appeared first on The Daily Hodl.

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows

Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net InflowsU.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC) and ethereum (ETH) ETFs experienced inflows, marking a shift from […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K

ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 93,797 shares of the crypto exchange for $17.8 million.

Update Aug. 6, 11:40 am UTC: The article has been updated to reflect the correct number of shares bought by ARK Invest on Aug. 5.

Cathie Wood’s investment firm ARK Invest is back to buying the Coinbase stock amid a major market sell-off, with Bitcoin briefly dropping below $50,000.

On Aug. 5, ARK purchased 93,797 Coinbase shares, resuming buying after a long period of dumping the stock in 2024.

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Cathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest

Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July.

ARK Invest — one of 10 issuers of spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States — is taking profits from its Coinbase stash amid BTC’s failure to retest $70,000.

Cathie Wood’s crypto investment firm ARK has resumed selling Coinbase (COIN) stock, with its ARK Next Generation Internet ETF (ARKW) offloading 12,077 COIN shares on July 31, according to trade notification seen by Cointelegraph.

According to data from TradingView, the amount was worth $2.7 million at the time of the sale, with COIN closing at $224 on July 31.

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Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

State of Michigan Unveils Nearly $6,600,000 Investment in ARK 21Shares Bitcoin ETF

State of Michigan Unveils Nearly ,600,000 Investment in ARK 21Shares Bitcoin ETF

New documents reveal that the State of Michigan holds millions of dollars worth of investments in the ARK 21Shares Bitcoin (BTC) exchange-traded fund (ETF). According to a new 13-F filing with the U.S. Securities and Exchange Commission (SEC), the State of Michigan Retirement System has purchased 110,000 shares of ARK 21Shares BTC ETF (ARKB) worth […]

The post State of Michigan Unveils Nearly $6,600,000 Investment in ARK 21Shares Bitcoin ETF appeared first on The Daily Hodl.

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Michigan Retirement System Invests .59M in Ark Invest’s Bitcoin FundAccording to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City, New Jersey, that the city’s pension fund will invest […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak

US Bitcoin ETFs See M Outflow, Breaking 12-Day Inflow StreakU.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $71M Following 12 consecutive days of inflows and a record influx […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

Bitcoin Indicator Pointing Towards ‘Deep Value’ for BTC, According to ARK Invest Analysts

Bitcoin Indicator Pointing Towards ‘Deep Value’ for BTC, According to ARK Invest Analysts

Analysts at ARK Invest say that several on-chain indicators are currently reflecting positive market health for Bitcoin (BTC). In a new report, ARK says that BTC is still in a state of being oversold after large-scale selling from the German government, which liquidated coins this month that it confiscated from an illegal movie streaming website. […]

The post Bitcoin Indicator Pointing Towards ‘Deep Value’ for BTC, According to ARK Invest Analysts appeared first on The Daily Hodl.

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’

$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest

1M Flows Into Bitcoin ETFs, Led by Blackrock and Ark InvestU.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with seven out of 11 spot bitcoin ETFs receiving $301.04 […]

Mad Money’s Jim Cramer Prefers BTC to MSTR — Tells Investors: ‘Own Bitcoin. That’s a Winner’