Search Results for: bitcoin etf

November 25, 2024 @ 10:19 pm By Omar Faridi  |  

US Bitcoin ETFs are reportedly on track to surpass gold ETFs in terms of overall size by this coming holiday season (around end of December 2024), with current assets valued at approximately $107 billion. Notably, BlackRock’s iShares Bitcoin Trust is the dominant player this past… Read More

October 27, 2024 @ 8:40 pm By Omar Faridi  |  

Digital assets firm Gemini has shared key crypto market updates for the past week including how US Spot Bitcoin ETFs have managed to reverse their inflow streak. In addition to this, Tether (USDT) reached new heights, as Bitcoin (BTC) price approaches the critical $70K mark… Read More

October 2, 2024 @ 11:42 am By Omar Faridi  |  

Jacobi Asset Management has reportedly chosen Zodia Custody for Bitcoin ETFs. Zodia Custody now becomes the primary custodian for Jacobi’s Bitcoin ETF, bringing robust risk controls along with regulatory compliance for institutional investors Zodia Custody, a which claims to be an “institution-first” digital asset custodian,… Read More

August 28, 2024 @ 9:55 am By Omar Faridi  |  

Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust, the Bitwise Bitcoin ETF and Bitwise Asset Management jointly announced the entry into an Asset Purchase Agreement pursuant to which BITB will acquire the assets of the Trust. As part of this transaction, OBTC unitholders… Read More

August 19, 2024 @ 11:10 am By JD Alois  |  

CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More

June 19, 2024 @ 11:11 pm By JD Alois  |  

The VanEck Bitcoin ETF (ASX:VBTC) traded on the Australian Stock Exchange (ASX) today, following the lead of the US. VanEck said the exchange-traded fund was the first and most cost-effective Bitcoin ETF on ASX. Other sponsors are expected to enter the Australian market with a… Read More

June 17, 2024 @ 8:24 am By Omar Faridi  |  

Digital assets firm Gemini are pleased to announce that they’re providing bitcoin custody for a spot bitcoin ETF listed June 4 by Monochrome Asset Management, an Australia-based investment manager that offers access to crypto assets through traditional financial markets. Monochrome Bitcoin ETF (Ticker: IBTC) is… Read More

April 11, 2024 @ 3:49 pm By Omar Faridi  |  

Following the approval of multiple spot Bitcoin ETFs and resulting rising Bitcoin prices, Norman Wooding, CEO of SCRYPT, has shared his perspective on the increased institutional demand for Bitcoin. Norman Wooding from SCRYPT, a Swiss-licensed company offering a range of crypto asset services, has commented… Read More

March 17, 2024 @ 5:13 pm By Omar Faridi  |  

Collectively the spot Bitcoin ETFs have been quite successful, but even individually, most of the BTC ETFs would be considered successful compared to most ETFs, according to an extensive update from NYDIG. NYDIG researchers note that price movements and ETF flows will likely work in… Read More

March 15, 2024 @ 8:53 am By Omar Faridi  |  

Democrats Senator Jack Reed and Senator Laphonza Butler have sent a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler requesting that the regulatory agency step in to ensure that broker-dealers are providing investors with adequate disclosures regarding Bitcoin (BTC) ETFs or exchange-traded funds… Read More

February 21, 2024 @ 8:45 am By Omar Faridi  |  

The US has reportedly captured 83% of the Spot Bitcoin ETF market, overtaking Canada. This, according to an update from CoinGecko. Spot Bitcoin exchange-traded funds (ETFs) are “incorporated in 11 countries worldwide and traded in just 6 geographical markets,” the team at CoinGecko noted. CoinGecko… Read More

February 5, 2024 @ 10:59 pm By Omar Faridi  |  

Digital asset financial instruments require regulated custodians to secure the underlying assets. BitGo’s support underscores the growing industry-wide call “for institutional-grade custody-first solutions.” BitGo has been a long-time collaborator with Valkyrie Investments, a global crypto-focused asset manager with $220 million in AUM. BitGo is the… Read More

January 22, 2024 @ 6:01 pm By Omar Faridi  |  

Alchemy Pay, a payment gateway that connects crypto with traditional fiat currencies for businesses, developers, and end users, notes that the approval of the Bitcoin Spot ETF signifies a significant step “towards the enhanced institutionalization of cryptocurrencies, paving the way for bitcoin to reach a… Read More

January 14, 2024 @ 5:45 pm By Omar Faridi  |  

David Carlisle, the Vice President of Policy and Regulatory Affairs at Elliptic, noted that on January 10, the US Securities and Exchange Commission (SEC) undertook the landmark step of approving 11 spot Bitcoin exchange traded funds (ETFs). David Carlisle, who brings a wealth of experience… Read More

January 14, 2024 @ 4:14 pm By Omar Faridi  |  

VanEck, a global investment fund manager with $76.4 billion USD in assets under management, announced recently the listing of its spot bitcoin exchange-traded fund (ETF) under the ticker HODL, with Gemini named as custodian. Both Gemini and VanEck claim that they “have been pioneers in… Read More

January 14, 2024 @ 3:58 pm By Omar Faridi  |  

Trading and investing platform, eToro, announced the addition of spot bitcoin ETFs to the platform, following the Security and Exchange Commission’s (SEC) approval of the products. US users can buy iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB) on eToro for whole share… Read More

January 14, 2024 @ 3:55 pm By Omar Faridi  |  

Bitpanda has commented on why they think spot Bitcoin ETFs are a “game-changer” for the crypto market. Bitpanda notes in a blog post the crypto world has “reached an important milestone as major financial institutions receive approval from the U.S. Securities and Exchange Commission (SEC)… Read More

January 12, 2024 @ 8:59 am By JD Alois  |  

Vanguard, a financial services firm with over 50 million investors, is blocking its customers from purchasing newly listed Bitcoin ETFs. The news was circulating on X yesterday, with Vanguard responding to questions about accessing Bitcoin EFTs as follows: “Thank you for your question! While we… Read More

January 12, 2024 @ 8:37 am By Omar Faridi  |  

Galaxy Asset Management, which claims to be one of the largest digital assets and blockchain investment managers, in partnership with Invesco Ltd. (NYSE: IVZ), a global provider of exchange-traded funds (ETFs), announced the launch of the Invesco Galaxy Bitcoin ETF (BTCO). BTCO invests directly in… Read More

January 11, 2024 @ 6:36 pm By JD Alois  |  

Senator Elizabeth Warren has taken to X to express her displeasure with the Securities and Exchange Commission’s decision to approve eleven Bitcoin exchange-traded funds (ETFs). These funds started trading today after being approved yesterday, experiencing solid trading demand. Warren, a policymaker who is no fan… Read More