ARK Invest CEO Cathie Wood believes wirehouses will only have interest in exchange-traded funds (ETFs) for top digital assets. In a new interview with Peter McCormack at the Consensus 2024 crypto conference, Wood says that the large broker-dealers will likely embrace only a spot Bitcoin (BTC) ETF and an Ethereum (ETH) ETF. To date, only […]
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New data reveals that spot market Bitcoin (BTC) exchange-traded funds (ETFs) have brought in nine straight days of inflows totaling one billion dollars. According to data from London-based investment firm Farside Investors, BTC ETFs have seen positive inflows every day since May 14th, totaling more than $1.75 billion. May 15th and May 21st marked the […]
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New data from Bitcoin brokerage firm River reveals that the largest US hedge funds have combined to accumulate billions of dollars worth of BTC exchange-traded (ETF) shares. In a new thread on the social media platform X, River says that even though BTC’s market cap is relatively small, many of the largest hedge funds in […]
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New data from market intelligence firm IntoTheBlock reveals that deep-pocketed crypto investors have accumulated tens of billions of dollars worth of Bitcoin since BTC exchange-traded funds (ETFs) launched in January. In a new article, IntoTheBlock says that the top crypto asset by market cap’s era of institutional adoption is here as crypto whales have gobbled […]
The post Whales Accumulate Over $16,781,000,000 in Bitcoin Since ETF Launch As BTC Enters Institutional Era: IntoTheBlock appeared first on The Daily Hodl.
The world’s largest futures exchange is reportedly working on a plan to offer spot Bitcoin (BTC) trading amid growing interest in crypto-based investments. Citing three people familiar with the matter, the Financial Times reports that the CME Group has already held discussions with traders who want to buy and sell cryptocurrency on a regulated marketplace. […]
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Bitwise CIO Matt Hougan says this week's 13F filings prove that the spot Bitcoin ETFs were a “huge success.”
This week’s 13F filing revealed who is buying the spot Bitcoin ETFs and what their position size is, and while Bitwise Chief Investment Office Matt Hougan celebrated the success of the ETFs, he says there is a significant point that the media might miss that makes him even more bullish on the BTC ETFs.
Hougan said that 563 professional investment firms have reported owning a combined $3.5 billion worth of Bitcoin ETFs. Hougan anticipates that these numbers could eventually surpass 700 firms with total assets under management nearing $5 billion.
Hougan’s guess was spot on, with the latest data from K33 Research revealing that more than 900 firms disclosed their spot Bitcoin ETF holdings.
New documents reveal that financial services giant Morgan Stanley is holding hundreds of millions of dollars worth of spot market Bitcoin (BTC) exchange-traded funds (ETFs). According to data from market insights firm Fintel, the Wall Street giant recently disclosed its holdings to the regulatory agency, revealing that on May 15th, it purchased 4.27 million shares […]
The post Wall Street Giant Morgan Stanley Holds Over $269,000,000 in Spot Bitcoin ETFs, According to New SEC Filing appeared first on The Daily Hodl.
A subsidiary of US-based crypto exchange Kraken is reportedly greatly benefiting from the success of the spot Bitcoin (BTC) exchange-traded fund (ETF) boom. According to a new report by Bloomberg, CF Benchmarks – a London-based subsidiary of Kraken that provides reference data for about $24 billion in crypto ETFs – is emerging as an under-the-radar […]
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New data reveals that one of the biggest banks in the world is acquiring shares of asset manager BlackRock’s spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new filing with the U.S. Securities and Exchange Commission (SEC), France-based BNB Paribas – the ninth-largest bank in the world – purchased 1,030 shares of the iShares […]
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The parent company of MetaMask, one of the world’s most popular crypto wallets, is urging the U.S. Securities and Exchange Commission (SEC) to approve spot market Ethereum (ETH) exchange-traded funds (ETFs). In a new letter to the SEC, Consensys asks the regulatory agency to approve spot market ETH ETFs as Ethereum’s proof-of-stake consensus mechanism, which […]
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