Global #ETF

The only spot Bitcoin fund in the US to have inflows on the first day of the week is BlackRock's Bitcoin exchange-traded fund (ETF); other ETFs have reported either withdrawals or zero inflows.

Head of BitGo Go Network Matt Balensweig claims that the impending Bitcoin halving will result in "real changes" to the cryptocurrency's supply and demand dynamics. Balensweig's remarks give the continuing speculation about whether or not the halving is already priced in a fresh perspective.

During a CNBC "Power Lunch" segment on April 11, 2024, Chris Mancini, an associate portfolio manager at Gabelli Gold Fund, discussed the intriguing dynamics in the gold market.

It seems improbable that the US Securities and Exchange Commission would approve a spot Ether ETH exchange-traded fund in May, according to the CEO of financial firm VanEck.

Based on preliminary statistics from Farside Investors, the newly established eleven spot Bitcoin ETFs had an overall outflow of $224 million on Monday, April 8.

Recently, the theme ETF company applied for a new ETF to double the performance of inverse MicroStrategy.

Due to the extraordinary rates at which capital has been pouring into the coin, on-chain data indicates that the Bitcoin Realized Cap has reached a new all-time high (ATH).

The last six months have seen a price increase of over 140% for Bitcoin ($BTC), which has made holding the cryptocurrency profitable for most investors.

ETF Research Analyst at Bloomberg, James Seyffart, expressed his continued pessimism regarding the Securities and Exchange Commission's (SEC) approval of an Ethereum ETF.

With a stunning $111 billion traded, bitcoin spot ETFs experienced record monthly activity in March, tripling figures from the previous two months.

Bitwise's Chief Investment Officer, Matt Hougan, states that the Securities and Exchange Commission (SEC) is contemplating postponing the approval of eagerly awaited Ethereum exchange-traded funds (ETFs).

Following BlackRock's spot Bitcoin ETF IBIT reaching over $17 billion in Bitcoin assets, CEO Larry Fink unexpectedly expresses optimism about Bitcoin's prospects.