Crypto investor Brian Kelly says that Bitcoin’s (BTC) market cap could soar 10x if investors start preferring the king crypto over gold. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says that he is bullish on Bitcoin for several reasons, including a possible approval of […]
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The market for a spot Bitcoin (BTC) exchange-traded fund (ETF) could quickly turn into a “$100 billion juggernaut,” according to new estimates from Bloomberg Intelligence. Investment giant Galaxy Digital reportedly held a call earlier this month with roughly 300 investment professionals regarding allocating capital to BTC ahead of the expected ETF debut. Jeff Janson of […]
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The U.S. Securities and Exchange Commission (SEC) is delaying its decisions on several Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF) applications until next year. In new filings, the regulatory agency says that it will be delaying its decisions on applications filed by asset management firm Hashdex to create a mixed spot and futures Ethereum […]
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The head of research for a leading digital assets manager says one catalyst could cause Bitcoin (BTC) to soar to more than $265,000. In a new blog post, CoinShares head of research James Butterfill shares his calculations of a potential price impact if a spot BTC exchange-traded fund (ETF) is approved by the U.S. Securities […]
The post This Catalyst Could Trigger Bitcoin To Rally by Over 600%, Says CoinShares Head of Research appeared first on The Daily Hodl.
The largest investment firm in the world is filing for a spot market Ethereum (ETH) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) months after applying for a spot Bitcoin (BTC) ETF. In a new filing, BlackRock – which has over $8 trillion in assets under its management – is seeking the […]
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An investment firm with trillions of dollars worth of assets under its management is registering an Ethereum (ETH) trust in Delaware as the leading altcoin surges over $2,000. According to new filing documents shared on the social media platform X, BlackRock has registered its iShares Ethereum trust in the state of Delaware, a move similar […]
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MicroStrategy founder Michael Saylor believes that an approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) will spark huge market growth for BTC. In a new MicroStrategy earnings call, outspoken Bitcoin bull Saylor says that BTC ETFs would likely attract a massive amount of funding from institutional investors. “And as we look forward to potential spot […]
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The CEO of the world’s largest crypto index fund manager Bitwise says that $50 billion could flow into a spot Bitcoin (BTC) exchange-traded fund (ETF) within years of launching. In a new interview on the Unchained Podcast, Matt Hougan says that in the first year of a spot BTC ETF, about $5 billion could flow […]
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The chief investment officer at the largest crypto index fund manager in the US is very optimistic about what a spot Bitcoin (BTC) exchange-traded fund (ETF) approval could do for the king crypto’s price. Matt Hougan, CIO of Bitwise, draws a comparison to what happened to gold’s price after the precious metal secured its first […]
The post Bitcoin To Repeat Gold’s 475% Post ETF Rally? Bitwise’s Matt Hougan Says Approval Will Unleash New Capital Wave appeared first on The Daily Hodl.
A Bloomberg analyst is reporting that BlackRock is “seeding” its spot Bitcoin (BTC) exchange-traded fund (ETF). Bloomberg senior ETF analyst Eric Balchunas notes that BlackRock announced the seeding in a recent amendment to their spot BTC ETF filing with the U.S. Securities and Exchange Commission (SEC). Their application, which is called the iShares Bitcoin Trust, […]
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