Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow

May 2, 2024 Bitcoin.com

On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11, 2024. ETF Institute Co-Founder: ‘Inflows Don’t Go up in a Straight Line’ Data sourced from coinglass.com reveals that these funds saw a withdrawal of $563.7 million on Wednesday, with Fidelity’s FBTC experiencing the highest outflow, […]

Crypto firms to see more enforcement actions within 2 years — CFTC chair

US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million

May 1, 2024 Bitcoin.com

US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling 5 Million

Bitcoin (BTC)

On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves to 296,713.90 BTC. Bitcoin ETFs Continue to See Persistent Outflows Since April 24, 2024, U.S. […]

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Spot Bitcoin ETFs Secured Inflows on Friday While GBTC Struggles to Hold 300,000 BTC

April 23, 2024 Bitcoin.com

Bitcoin (BTC)

Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC) teeters on the brink of falling below the 300,000 mark, as it recorded a holding of 304,970.43 bitcoins as of […]

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Bitwise: Bitcoin Will Have ‘a Great Next 12 Months’

April 22, 2024 Bitcoin.com

asset management firm

Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think We’re Just Getting Started’ Bitwise Asset Management has reaffirmed its […]

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Bitcoin Halving a Bullish Event, According to Bitwise CIO Matt Hougan – But There’s a Catch

April 20, 2024 The Daily Hodl

Bitcoin

The chief investment officer of crypto fund manager Bitwise says the halving event for Bitcoin (BTC) is a bullish catalyst. In a new interview with CNBC Squawk Box host Andrew Sorkin, Bitwise CIO Matt Hougan says that the April 19th halving, when miners’ rewards are cut in half, could spark a massive rally based on […]

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Crypto firms to see more enforcement actions within 2 years — CFTC chair

Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off ‘Totally Normal’

April 19, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) have seen outflows for the fifth consecutive day since April 12, with a reduction totaling $4.3 million during Wednesday’s trading sessions. ETF Analyst’s Perspective: Recent Bitcoin ETF Outflows Within Expected Norms The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, having commenced […]

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact

April 18, 2024 Bitcoin.com

Bitcoin Halving

Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Markets Underestimating Long-Term Effects of Bitcoin Halving, According to Crypto Giant Bitwise

April 18, 2024 The Daily Hodl

Bitcoin

The digital asset market tends to underestimate the long-term price impact of Bitcoin (BTC) halvings, according to the crypto index fund management giant Bitwise. Bitwise notes that after the previous halvings in 2012, 2016 and 2020, the price of BTC in the first month went up 9%, dropped 10% and went up 6%, respectively. However, […]

The post Markets Underestimating Long-Term Effects of Bitcoin Halving, According to Crypto Giant Bitwise appeared first on The Daily Hodl.

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF

April 17, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as Potential Leader in Spot Bitcoin ETF Market Grayscale’s GBTC continued to report reductions in its bitcoin […]

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs

April 16, 2024 Bitcoin.com

Monday’s Market Action Sees .7 Million Outflow From US Spot Bitcoin ETFs

Bitcoin (BTC)

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25 million. Blackrock’s IBIT and Fidelity’s FBTC Lead in Bitcoin Accumulation as GBTC Sells Off Since the trading […]

Bitwise

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