December 24th, 2025
Ahead of the expected approval Chinese mainland-based equity funds are exploring opportunities in the spot Bitcoin exchange-traded fund market through their Hong Kong subsidiaries.
BlackRock has started heavy advertising for its IBIT Bitcoin ETF on Bloomberg’s home page to leverage its position in the current market momentum.
Kiyosaki, a long-time supporter of BTC, has endorsed Wood’s forecast, expressing his trust in her insights and intelligence.
Grayscale CEO is confident of more investors adopting Bitcoin ETF especially after the US SEC approves Grayscale Bitcoin Mini Trust with lower sponsor fees.
While outflows have decreased from the substantial $600 million observed in March, GBTC continues to face net redemptions.
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
The dwindling interest in spot Bitcoin ETF may have been caused by a drop in BTC price from its ATH of $73,750 to $67,000.
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.
TechDev’s prediction appears to be a little modest compared to other known commentators in the crypto market.
The newfound bullish trend has so far continued today across multiple timeframes, indicating a shift in market sentiment.
According to the Ripple CEO, Bitcoin ETF market and the network’s upcoming halving will spike the crypto market by 100% this year.