December 24th, 2025
Bitcoin ETF News - Page 16
State Street Global Partners with Galaxy Digital to Launch Crypto ETFs
By Chimamanda U. Martha
June 27th, 2024
According to the announcement, State Street Bank and Trust will manage the day-to-day operations and administration of the new ETFs.
Spot Bitcoin ETFs Draw $31M Net Inflows, Reversing Seven-Day Outflow Trend
By Bena Ilyas
June 26th, 2024
Despite the mixed performance of spot bitcoin ETFs, the overall outlook remains positive. As of June 26, 2024, the combined net inflows for these 11 funds since their January launch stands at $14.42 billion.
US Spot Bitcoin ETFs See 7th Consecutive Day of Outflows Streak
By Bena Ilyas
June 25th, 2024
Bitcoin’s recent price drop to 3.34% triggers major outflows from leading Bitcoin ETFs, with Grayscale’s GBTC fund losing $90 million.
Bitcoin Price Down 2.3% as US Spot BTC ETFs Registers 5 Consecutive Days of Net Cash Outflows
By Steve Muchoki
June 21st, 2024
Bitcoin (BTC) price has signaled further market correction as investors show midterm disinterest in the crypto space.
Australian Stock Exchange Launches Its First Ever Bitcoin ETF
By Bena Ilyas
June 20th, 2024
Andrew Campion, GM of Investment Products and Strategy at ASX, said trading Bitcoin via an ETF on ASX allows Australians to use traditional brokerage accounts, simplifying the investment process for Australians.
Bitcoin ETF Outflows Intensify as Fed Refuses to Budge on Rate Cuts
By Bhushan Akolkar
June 18th, 2024
With the Federal Reserve keeping interest rates unchanged to 5.25%, the massive outflows recorded by the US spot Bitcoin ETFs bring the total assets under management (AUM) to under $15 billion.
Bitcoin (BTC) Price Briefly Drops Below $65K Triggering Heavy Crypto Liquidation
By Steve Muchoki
June 18th, 2024
The recent notable cash outflows from US-based spot Bitcoin ETFs have increased overall crypto fear leading to ongoing altcoin selloff.
US Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting
By Mayowa Adebajo
June 17th, 2024
The bearish sentiment wasn’t limited to the US. Even on the global scale, digital asset investment products saw their largest outflow of over $600 million in almost three months.
Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions
By Steve Muchoki
June 17th, 2024
Through the partnership between BounceBit and Free Tech, users can seamlessly swap BBTC and BBUSD with over 50 top blockchains.
Whale Wallets Holding at Least 10 BTC Reach 16.16M as of June 16
By staff writer
June 17th, 2024
Favorable regulatory changes, such as the approval of spot Bitcoin ETFs, have contributed a lot to fueling this trend.
Crypto Startups Funding Hits $100B Mark since 2014
By Bena Ilyas
June 17th, 2024
The first quarter of 2024 proved to be a strong period for crypto fundraising, with a total of $2.4 billion secured across 518 deals, marking a 40.3% increase from the previous quarter.
Cryptocurrency Adoption Surges in Hong Kong as Brokerages Integrate Virtual Asset Trading
By Temitope Olatunji
June 14th, 2024
To attract more participants, brokerage firms have set a low entry fee of as little as $100.
Bernstein Predicts Bitcoin (BTC) Price to Reach $1M by 2033
By Godfrey Benjamin
June 14th, 2024
Gautam Chhugani and Mahika Sapra from Bernstein also believe that the digital currency could reach a circle-high of $200,000 by 2025.
Bitcoin (BTC) Price Slips Below $67K, Signaling Potential Decline toward $60K amid Heightened Whale Activity
By Steve Muchoki
June 14th, 2024
While Bitcoin (BTC) has been regarded as exponential gold, its recent growth has significantly slowed down, thus increasing the divergence between adoption and underlying value.
Bitcoin ETFs See $226M Outflow, BlackRock Only Fund with Inflows
By Bena Ilyas
June 14th, 2024
Fidelity’s FBTC, the once-hot ETF, bore the brunt of the selling pressure, seeing its second-largest net outflow day ever with $106 million leaving the fund.