BlackRock’s Bitcoin ETF has just $4 billion less than Grayscale’s product in assets under management, quickly closing the gap….
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Michael Sonnenshein said that early outflows from GBTC were “anticipated,” and linked to the bankruptcy settlements of crypto firms such as FTX….
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In a familiar move, the federal regulator claimed more time to review applications from Grayscale and Bitwise….
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Bitcoin ETFs are booming in the United States, but Ethereum ETF hopefuls aren’t feeling optimistic than an approval is coming soon….
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Cash is still flooding into Bitcoin-based investment products as investors remain hungry for exposure to digital assets….
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BTC hits $64.5K then rebounds, SOL outperforms. Government sends $2B BTC to Coinbase to sell. Funding rates stay low after sweep lower. ETFs see small inflow, Ark outflow more than GBTC. Wormhole W launches at $15B FDV. BTC ‘inflection point’ if it follows rates or gold. Gold & BTC very correlated for the last year.
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The success of Bitcoin ETFs is even forcing crypto skeptics to clamor for “a piece of the action,” experts say….
Continue reading on https://decrypt.co/224973/blackrock-bitcoin-etf-backing-goldman-sachs
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Why has the fund shifted so much BTC? And is it a problem?…
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The world’s biggest fund manager’s ETF is fast catching up with the biggest crypto fund. It could have more assets under management within a month….
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A number of high-profile fund managers are hoping to get the green light from the regulator next month….
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