The Financial Services Commission (FSC) of South Korea is set to reevaluate its long-standing ban on local spot exchange-traded funds (ETFs) and institutional accounts on cryptocurrency exchanges.
Read MoreThe Financial Services Commission (FSC) of South Korea is set to reevaluate its long-standing ban on local spot exchange-traded funds (ETFs) and institutional accounts on cryptocurrency exchanges.
Read MoreAs of October 5, data from Bitcoin Magazine reveals that various funds are now managing over 911,000 BTC, signaling a significant uptick in institutional interest in the cryptocurrency.
Read MoreU.S. spot Bitcoin exchange-traded funds (ETFs) faced a notable setback on Wednesday, witnessing outflows totaling $91.76 million. This decline marks the continuation of a negative trend, with two consecutive days of net outflows that raise concerns among investors about market sentiment.
Read MoreOn Thursday, spot Bitcoin ETFs recorded impressive daily net inflows of $365.57 million, marking the highest influx since July. Leading this charge were Ark Invest and BlackRock, both of which have played pivotal roles in driving the ongoing rally in the cryptocurrency market, as reported by Sosolvalue data.
Read MoreAs the financial world evolves, a noteworthy trend is emerging: a shift in investment strategies that signals a growing interest in Bitcoin. While artificial intelligence (AI) has been a key player on Wall Street over the past couple of years
Read MoreThe recent approval of both spot Bitcoin and Ethereum ETFs in the United States marked a significant milestone for the mainstream adoption of digital assets and the broader Web3 space.
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