This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
While it is not certain if the drop in the price of Bitcoin is caused by reduced investors’ appetite for spot ETFs, the decline is substantial as it marks a 6% reduction from its all-time high of its $73,628.
The first set of spot Bitcoin ETFs will be available for trading in Hong Kong by the month end after the Hong Kong Securities Regulatory Commission gives a green light this week.
Despite approving spot Bitcoin ETFs in January, the SEC approaches Ether cautiously.
On April 8, US spot Bitcoin ETFs suffered their worst day for net outflows since March 20, with funds experiencing a $223.8 million outflow.
The upcoming Bitcoin halving 2024 scheduled for a later date this month is said to have injected substantial investments into the market, supporting overall sentiment
While the spot Bitcoin ETF market is taking shape in the United States, the specific timeline for the launch of the asset class in Asia remains unknown.
A recent research conducted by Coinbase said the market is poised for a positive second quarter despite the recent corrections that saw Bitcoin retrace to $65,000 on April 2, 2024.
Despite the uncertainty regarding Ethereum ETFs, the overall projection for Bitcoin is favorable.
Hougan’s bullish prediction is based on Bitcoin’s impressive growth of nearly 300% over the past 15 months.
US’s success with Bitcoin ETFs challenges Japan’s stricter regulations on crypto investment products.
The prospect of spot Bitcoin ETFs gaining approval in Hong Kong represents a significant step toward the mainstream adoption of digital assets in the region.
The Bitcoin ETF market continues to see new competitors. Hashdex, a crypto asset management firm, announced its futures fund’s transformation into a spot product.
The Bitcoin market is expected to continue to grow and mature as more investors look for exposure to BTC through spot ETFs and other investment vehicles.
Recent changes to ARK’s investment portfolio demonstrate the company’s dedication to spotting and seizing new market trends.
ARK’s recent offloading of Coinbase shares stands out as one of its significant divestments in 2024. Prior to Thursday’s sale, ARK sold off 270,365 shares of Coinbase on March 11.