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.
Although Grayscale has not revealed the specific details of the fee structure for the new fund, analysts expect it to be significantly lower than GBTC’s current fee.
The Thailand SEC’s decision to embrace the crypto ETFs comes at the right time as Bitcoin price hits a new all-time high of $72,850, making it a good opportunity for Thai investors.
Despite a recent fee reduction, VanEck will begin a complete fee waiver from today until next year if HODL does not hit $1.5 billion in AUM.
Since the spot Bitcoin ETF operates as a security, Indian individuals are authorized to obtain securities under the Liberalised Remittance Scheme (LRS).
The SEC has pushed making a decision on an application from the Cboe seeking to trade Bitcoin ETF Options. The agency will decide by April.
BlackRock’s existing spot BTC ETF stands out as the top-performing option in the market, contributing to the surge in demand for Bitcoin ETFs.
The concept of adding crypto to retirement and pension plans is not entirely new. Some retirement funds have already started investing in digital assets.
The influx of investments into Bitcoin ETFs, culminating in a total of $563 million on March 4, signifies a robust institutional endorsement of cryptocurrency.
The SEC’s decision to seek public comment on the proposed ETFs is a strategic move, as it allows the regulatory body to gather insights and address potential concerns regarding fraud, manipulation, and the intricacies of Ethereum’s transaction validation process
In addition to selling Coinbase shares, Ark Invest also divested 686,864 Robinhood shares from its Next Generation Internet (ARKW) and Fintech Innovation (ARKF) funds.
Yesterday, when Coinbase faced outage, the stock price level dropped from $205 to $195, causing a downfall of approximately 5%.
IBIT saw over $500M in inflows between February 27 and 29.
Hougan noted that major wirehouses will soon drive the Bitcoin demand to the roof as the supply gets reduced during the halving event.
A representative from Wells Fargo has verified that spot Bitcoin ETFs have been accessible for unsolicited purchases post-SEC approval.
The success of the BlackRock iShares Bitcoin Trust IBIT in the United States serves as a testament to the growing appetite for crypto investment products.