December 24th, 2025
On Tuesday’s market close, BlackRock and Fidelity recorded trading volumes of $383 million and $288 million, while Grayscale maintained the lead with $396 million.
According to Standard Chartered, an ETH ETF approval will come from the SEC in May, and could possibly pump ETH price to $4,000.
While Grayscale’s GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day.
This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then.
As BTC established a bullish cycle every four years, Scaramucci believes Bitcoin price will rally 4X at the time of halving.
Fidelity’s spot Bitcoin ETF recorded more inflows than GBTC outflows on Monday. All eyes are currently on the FOMC meeting ahead this week as investors’ keenly watch Fed’s take on rate cuts.
Vanguard executives said that the company usually focuses on long-term stability instead of short-term trends as the reason behind rejecting the Bitcoin ETF offering.
Charles Schwab has demonstrated an increasing interest in the crypto space following initial skepticism towards the emerging economy.
Apart from Harvest Fund Management, other companies in Hong Kong are actively exploring the possibility of launching spot Bitcoin ETFs.
According to data from BitMEX Research, GBTC witnessed a decrease in outflows, with $394.1 million on January 25, down from $429.3 million on Wednesday and $515.3 million on Tuesday.
The JPMorgan analysts highlighted BlackRock and Fidelity Investment’s spot Bitcoin ETFs as emerging competitors to GBTC.
Q1 has been predicted to be challenging for Bitcoin according to Matrixport, with the price expected to dip to around $36,000 and then recover.
The US government confiscated Bitcoin holdings associated with the Silk Road marketplace in two instances, first in Memphis, Tennessee, on February 10, 2021, and then in Arlington, Virginia, on May 11, 2021.
Swan Mining, the recently unveiled unit, plans to add 3 more mining farms to the 7 existing, taking the total hashpower to 8 exahash.
For the near future, Bakkt is also eyeing expansion in the UK and Australian markets.