Bitcoin
On February 9, the spot Bitcoin exchange-traded funds (ETFs) celebrated a remarkable achievement, surging to a combined $10 billion in assets under management (AUM) within their initial 20 trading sessions. This milestone underscores the rapid adoption and investor confidence in these newly introduced ETFs. Data provided by BitMEX Research indicates
Bitcoin
BlackRock's Bitcoin ETF could have attained a higher position if it hadn't missed the initial seven trading days on the Nasdaq while awaiting SEC approval. Despite this setback, the iShares Bitcoin Trust ETF has soared to the top echelons, ranking among the top 0.16% of all ETFs issued in
Bitcoin
BlackRock's Bitcoin exchange-traded fund (ETF) has rapidly surged to $2 billion in assets under management (AUM) on January 26, just a fortnight after its debut on the Nasdaq. The impressive performance can be attributed to recent inflows and a rebound in Bitcoin's price, which reached $42,000 for the first
Bitcoin
The Crypto Fear & Greed Index recently recorded a notable downturn, reaching a 100-day low at a score of 48. This decline is attributed to the ongoing decrease in Bitcoin's value, currently priced at $39,560, following the approval of spot exchange-traded funds (ETFs) in the United States. On January 24,
Bitcoin
Just hours prior to granting approval for the groundbreaking Bitcoin exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) disclosed its collaboration with the Federal Bureau of Investigation (FBI) to probe a suspicious tweet issued on January 9th. In an official statement on January 10th, the SEC emphatically
Bitcoin
A recent survey conducted among U.S. financial advisers indicates a notable degree of skepticism regarding the approval timeline for a spot Bitcoin exchange-traded fund (ETF) in the United States. The survey, conducted by ETF issuer Bitwise and released on January 4, revealed that only 39% of U.S.-based
Crypto
On December 22, Hong Kong's Securities and Futures Commission (SFC) made a significant announcement, signaling the region's openness to spot cryptocurrency exchange-traded funds (ETFs). In collaboration with the Hong Kong Monetary Authority, the SFC revealed that it is now prepared to accept applications for the authorization of various funds, including
Bitcoin
BlackRock has modified its application for a spot Bitcoin exchange-traded fund (ETF) to facilitate greater participation from major Wall Street banks, such as JPMorgan and Goldman Sachs. The revised in-kind redemption "prepay" model enables these banks to act as authorized participants, allowing them to create new fund shares using cash
XRP
In a recent turn of events, a deceptive regulatory filing circulated on social media, falsely suggesting that BlackRock (BLK), the renowned asset manager, was on the verge of launching an XRP exchange-traded fund (ETF). The misleading information triggered a swift market response, propelling XRP's price by over 10% before the
Ethereum
BlackRock Inc., is gearing up to make a significant splash in the cryptocurrency market with the imminent launch of an exchange-traded fund (ETF) centered around Ether, the second-largest cryptocurrency. Teaming up with Nasdaq for this pioneering ETF, BlackRock has moved forward by submitting a 19b-4 form—a pivotal step in