Susan Bertolino
liked
Over 1 million $Bitcoin(BTC.CC$ are now held in custody by Bitcoin exchange-traded funds (ETFs) designed to track the asset’s price performance.
More than 30 Bitcoin ETFs collectively owned 1,002,343 BTC as of May 24, according to a chart posted to Twitter on Monday by MicroStrategy executive chairman Michael Saylor. The data was verified by Decrypt based on public reports and corroborated by Coinglass’s Bitcoin ETF dashboard.
The holdings repre...
More than 30 Bitcoin ETFs collectively owned 1,002,343 BTC as of May 24, according to a chart posted to Twitter on Monday by MicroStrategy executive chairman Michael Saylor. The data was verified by Decrypt based on public reports and corroborated by Coinglass’s Bitcoin ETF dashboard.
The holdings repre...
4
1
Susan Bertolino
liked
$Bitcoin(BTC.CC$
When it comes to “buying the dip,” some Bitcoin investor cohorts are wasting no time below $69,000.
In focus this week are Bitcoin whales, the largest of these, who have been especially active as price has advanced and stayed near all-time highs.
“Bitcoin whales have been buying like never before,” Vivek Sen, founder of Bitcoin public relations firm Bitgrow Lab, commented alongside data from on-chain analytics platform CryptoQuant.
The data shows th...
When it comes to “buying the dip,” some Bitcoin investor cohorts are wasting no time below $69,000.
In focus this week are Bitcoin whales, the largest of these, who have been especially active as price has advanced and stayed near all-time highs.
“Bitcoin whales have been buying like never before,” Vivek Sen, founder of Bitcoin public relations firm Bitgrow Lab, commented alongside data from on-chain analytics platform CryptoQuant.
The data shows th...
6
3
Susan Bertolino
liked
$Ethereum(ETH.CC$ $Coinbase(COIN.US$ $Blackrock(BLK.US$ $XRP(XRP.CC$
SEC approves multiple spot Ethereum ETFs in an omnibus order.
Approved ETFs include those from BlackRock, Fidelity, and Grayscale.
ETF issuers need S-1 registration statements effective before trading begins.
Analysts speculate approval process could take weeks or months.
Bloomberg ETF analyst James Seyffart estimates process may take weeks to...
SEC approves multiple spot Ethereum ETFs in an omnibus order.
Approved ETFs include those from BlackRock, Fidelity, and Grayscale.
ETF issuers need S-1 registration statements effective before trading begins.
Analysts speculate approval process could take weeks or months.
Bloomberg ETF analyst James Seyffart estimates process may take weeks to...
3
1
Susan Bertolino
liked and voted
$Coinbase(COIN.US$ $Robinhood(HOOD.US$ $Bitcoin(BTC.CC$ $Ethereum(ETH.CC$ $Dogecoin(DOGE.CC$ $XRP(XRP.CC$ $Marathon Digital(MARA.US$ $MicroStrategy(MSTR.US$ $CleanSpark(CLSK.US$ $Riot Platforms(RIOT.US$
House passes the Financial Innovation and Technology for the 21st Century Act.
Vote: 279 to 136, with strong bipartisan support.
Bill creates a tailored disclosure and registration regime for digital-asset companie...
House passes the Financial Innovation and Technology for the 21st Century Act.
Vote: 279 to 136, with strong bipartisan support.
Bill creates a tailored disclosure and registration regime for digital-asset companie...
11
3
$Blackrock(BLK.US$ $iShares Bitcoin Trust(IBIT.US$ BlackRock’s spot Bitcoin exchange-traded fund (ETF) made up 95% of the total inflows into United States spot Bitcoin ETFs on Tuesday, May 21, which together raked in over $300 million in net inflows.
According to preliminary data from Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) posted large inflows of $290 million on May 21. The net inflow for all eleven E...
According to preliminary data from Farside Investors, BlackRock’s iShares Bitcoin Trust (IBIT) posted large inflows of $290 million on May 21. The net inflow for all eleven E...
3
Susan Bertolino
liked
$Ethereum(ETH.CC$ It was a ‘normal’ Monday for crypto until around 3:20 to 3:30 pm EST when the market went haywire due to the following tweet:
When two of Bloomberg’s ETF and crypto experts chime in saying there’s a 75% chance the SEC will approve Ethereum ETFs this week, you can bet your bottom dollar the market listens.
While it’s only a forecast for now, that’s not stopping the community from pushing sentiment into “extremely bullish” territory as...
When two of Bloomberg’s ETF and crypto experts chime in saying there’s a 75% chance the SEC will approve Ethereum ETFs this week, you can bet your bottom dollar the market listens.
While it’s only a forecast for now, that’s not stopping the community from pushing sentiment into “extremely bullish” territory as...
3
Susan Bertolino
liked
$Bitcoin(BTC.CC$
TradFi Giants Jump on BTC Bandwagon
Some of the largest Bitcoin ETF investments came from Millennium Management, a heavyweight hedge fund, and Susquehanna International Group (SIG), a global quantitative trading firm. The firms reported investments of $2 billion and $1 billion in the Bitcoin products, respectively.
Millennium Management and SIG’s investments were followed by Bracebridge Capital, a Boston-based h...
TradFi Giants Jump on BTC Bandwagon
Some of the largest Bitcoin ETF investments came from Millennium Management, a heavyweight hedge fund, and Susquehanna International Group (SIG), a global quantitative trading firm. The firms reported investments of $2 billion and $1 billion in the Bitcoin products, respectively.
Millennium Management and SIG’s investments were followed by Bracebridge Capital, a Boston-based h...
3
Susan Bertolino
liked
The fall in $Bitcoin(BTC.CC$ selling pressure can be seen in the on-chain activity of short-term holders and the balances on over-the-counter (OTC) desks.
The BTC balance on OTC desks has stabilized since late April, indicating less bitcoin supply from market participants. The balance on OTC desks began to rise by 60,000 BTC on March 10 when the asset hit an all-time high of $73,000; however, it has been flat since late last month.
Similarly, the profit margin...
The BTC balance on OTC desks has stabilized since late April, indicating less bitcoin supply from market participants. The balance on OTC desks began to rise by 60,000 BTC on March 10 when the asset hit an all-time high of $73,000; however, it has been flat since late last month.
Similarly, the profit margin...
2
1
Susan Bertolino
liked
$Bitcoin(BTC.CC$
The U.S. spot Bitcoin ETFs are once again in the limelight amid soaring trading volumes reported this week. On Thursday, May 16, the spot Bitcoin ETF registered $257 million worth of net inflows, with GBTC recording inflows for the second consecutive day.
Bitcoin ETF Inflows Bounce Back This Week
After seeing some major outflows last week, the U.S. Bitcoin ETFs have bounced back strongly with over $657 million in i...
The U.S. spot Bitcoin ETFs are once again in the limelight amid soaring trading volumes reported this week. On Thursday, May 16, the spot Bitcoin ETF registered $257 million worth of net inflows, with GBTC recording inflows for the second consecutive day.
Bitcoin ETF Inflows Bounce Back This Week
After seeing some major outflows last week, the U.S. Bitcoin ETFs have bounced back strongly with over $657 million in i...
4
1
Susan Bertolino
liked
Inflows for spot $Bitcoin(BTC.CC$ ETFs in the United States soared to $303 million on May 15 amid a big jump in BTC prices.
It is the highest inflow since May 3 as institutional inventors pivoted back to bullish in the wake of the US Consumer Price Index (CPI) data on May 15 which met expectations.
Fidelity led the pack with its FBTC fund seeing $131 million in inflows for the day, its highest inflow since March 26. Bitwise’...
It is the highest inflow since May 3 as institutional inventors pivoted back to bullish in the wake of the US Consumer Price Index (CPI) data on May 15 which met expectations.
Fidelity led the pack with its FBTC fund seeing $131 million in inflows for the day, its highest inflow since March 26. Bitwise’...
6