Bloomberg exchange-traded funds (ETFs) analyst Eric Balchunas believes the odds of the U.S. Securities and Exchange Commission (SEC) approving a spot Ethereum (ETH) ETF by late May are low. Responding to a question regarding a post he published on the social media platform X saying he’s pessimistic about the approval of an ETH spot ETF, […]
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Digital assets manager CoinShares says crypto product institutional investments suffered their second consecutive week of outflows last week. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products lost $206 million in outflows last week, bringing the two-week total outflows to nearly $312 million. According to CoinShares, investor interest in crypto exchange-traded […]
The post US Institutions Take $206,000,000 out of Crypto Investment Products Amid Interest Rate Worries: CoinShares appeared first on The Daily Hodl.
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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Regulators in Hong Kong have given their initial approval of new exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH). Hong Kong-based funds say regulators have approved spot BTC and ETH ETFs, according to a new CNBC report. According to the report, Hong Kong’s securities regulators, the Securities and Futures Commission (SFC), have approved three ETF […]
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South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set for April 10, and the parliament is predominantly controlled by the DPK-led […]
BlackRock chief executive Larry Fink believes approval of spot Ethereum (ETH) exchange-traded funds (ETFs) could still occur even if the top altcoin is deemed a security. In a new interview on FOX Business, Fink says that the chances of approval for pending applications to launch spot ETH ETFs would not be adversely impacted if the […]
The post Ethereum Being Designated a Security Won’t Hurt Chances of Spot ETH ETFs Approval, Says BlackRock CEO Larry Fink appeared first on The Daily Hodl.
The chief investment officer of crypto fund manager Bitwise believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) will receive inflows for years to come. Bitwise CIO Matt Hougan tells his 40,700 followers on the social media platform X that there remains a large pool of clients who have yet to invest in BTC ETFs but […]
The post Bitwise CIO Matt Hougan Says Inflows Into Spot Bitcoin ETFs Will Continue for Years – Here’s Why appeared first on The Daily Hodl.
Bitcoin (BTC) is headed for a sell-side liquidity crisis, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju tells his 336,400 followers on the social media platform X that Bitcoin bears “can’t win this game” until spot Bitcoin exchange-traded fund (ETF) inflow stops. “Last week, spot ETFs saw netflows of […]
The post CryptoQuant CEO Says Bitcoin Will Witness Supply-Side Crisis Amid Massive BTC Accumulation – Here’s When appeared first on The Daily Hodl.
Investors from the traditional finance sector are gobbling up Bitcoin (BTC) at “unprecedented” levels, according to the co-founder and chief executive of analytics platform CryptoQuant. Ki Young Ju tells his 335,600 followers on the social media platform X that traditional finance investors are dollar-cost averaging 6,896 BTC per day. “They accumulated 103,726 BTC over the […]
The post TradFi Investors on Unprecedented Bitcoin Accumulation Spree, Scooping Thousands of BTC per Day: CryptoQuant appeared first on The Daily Hodl.
BlackRock’s new spot Bitcoin (BTC) exchange-traded fund (ETF) has already crossed $10 billion in assets under management (AUM), according to Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence. Balchunas notes the asset management giant’s iShares Bitcoin Trust (IBIT) became one of only 52 ETFs out of 3,400 to cross that $10 billion mark. The […]
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