9 Bitcoin ETFs Amass 6,009 BTC Valued at $288 Million, Overshadowing Grayscale’s Sell-Off – Latest Update

9 Bitcoin ETFs Amass 6,009 BTC Valued at $288 Million, Overshadowing Grayscale’s Sell-Off – Latest Update

Nine new ETFs launched in February 2024 have collected 6,009.49 bitcoins, worth about $288 million. At the same time, Grayscale’s Bitcoin Trust has sold approximately 2,252.2 bitcoins, totaling around $108 million. This shift indicates a growing interest in bitcoin ETFs and a potential decline in interest in Grayscale’s product. This article originally appeared on news.bitcoin.com … Read more

JP Morgan Says Uncertain How Much Capital Spot Bitcoin ETFs Will Attract

JP Morgan Says Uncertain How Much Capital Spot Bitcoin ETFs Will Attract

Bitcoin Pulls Back to $42K; Venezuela Shutters Petro Crypto Project J.P. Morgan’s research report suggests that the approval of new spot bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission may not attract as much fresh capital as some market participants anticipate. Although the amount of new capital these ETFs will attract is … Read more

MicroStrategy Co-Founder Michael Saylor Sells Company Shares to Acquire More Bitcoin: Are Bitcoin ETFs Impacting MicroStrategy’s Stock?

MicroStrategy Co-Founder Michael Saylor Sells Company Shares to Acquire More Bitcoin: Are Bitcoin ETFs Impacting MicroStrategy’s Stock?

Brace For Impact: MicroStrategy’s Michael Saylor Is Selling Shares To Buy More Bitcoin MicroStrategy co-founder Michael Saylor is selling off company stocks to acquire more Bitcoin, with recent sales earning him over $20 million. He plans to sell around 5,000 shares every trading day until April 26 to boost his BTC holdings. Saylor has been … Read more

Unraveling the Mysteries of Bitcoin ETFs: What You Need to Know | Cryptocurrency Innovation

Unraveling the Mysteries of Bitcoin ETFs: What You Need to Know | Cryptocurrency Innovation

Bitcoin ETFs: How Could It Change the Crypto Game for Traders | by Gaze All Over | The Dark Side | Jan, 2024 The arrival of Bitcoin ETFs is a hot topic in the world of cryptocurrency, offering a convenient way to invest in Bitcoin through traditional stock exchanges. There are two main types of … Read more

BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

BTC Gives up Gains as 10-Year Yield Spikes; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

The crypto market, including bitcoin, has experienced a significant surge, driven by factors such as the endorsement of ether futures ETFs by the SEC and various government rulings. Bitcoin has surged by 15% over the past two weeks. Nonetheless, QCP Capital has expressed apprehensions about the longevity of this rally due to fluctuations in demand … Read more

Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?

Asset manager Bitwise has withdrawn its application to convert its Bitcoin futures ETF into one that invests in both Bitcoin and Ethereum futures contracts, leading to speculation about the decision’s meaning for Ethereum futures ETFs. Bloomberg Analyst James Seyffart believes the move was made because Bitwise doesn’t see the benefit in having a dual BTC … Read more