Crypto Funds Hit $30 Billion Triumph In Trading Volume As Bitcoin Continues To Break Highs

The crypto investment space has reached a notable mark, with trading volumes hitting a high of $30 billion in trading volume last week. This surge, as reported by CoinShares, signifies a pivotal moment in accepting and integrating cryptocurrencies into mainstream financial portfolios.

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This $30 Billion Investment Firm Has Added Bitcoin Exposure For Its Clients

Carson Group, a $30 billion registered investment advisory firm, recently announced that it is now providing its clients exposure to spot Bitcoin for the first time. Spot Bitcoin exchange-traded funds (ETFs) have become immensely popular even before approval from the SEC in January.

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SEC Acknowledges Bitcoin ETF Options Request, Invites Public Feedback

The US Securities and Exchange Commission (SEC) has invited public comments on the potential introduction of  Bitcoin spot ETF options trading. This development has drawn much reaction from the financial market, with experts predicting that the regulatory body could grant approval as early as March.

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Spot ETFs Transform Bitcoin Trading Landscape: US Exchanges Take Center Stage

According to a recent report from Bloomberg, Bitcoin liquidity is increasingly gravitating towards US crypto exchanges, signaling a fundamental change in market dynamics driven by the introduction of the recently approved spot exchange-traded funds (ETFs) for the leading digital asset.

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Crypto Euphoria: Digital Asset Funds Sees $2.4 Billion Inflows – Here Are The Key Factors Behind It

CoinShares, a crypto asset management firm, has recently reported that there has been a notable surge in weekly inflows into crypto asset investment products, reaching a record high of $2.45 billion. The cumulative inflows for the year-to-date period have now reached $5.2 billion.

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Market Expert Slams Spot Bitcoin ETFs As “Giant Mistake”, Here’s Why | Bitcoinist.com

Since its launch in January, Spot Bitcoin ETFs have been growing steadily, gaining widespread adoption amongst investors and traders.

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Ark CEO: Why Only Bitcoin and Ethereum May Secure ETF Approval | Bitcoinist.com

Ark Invest’s CEO Cathie Wood predicts there will only likely be Bitcoin and Ethereum spot ETFs in the US. This is based on her belief that the Securities and Exchange Commission (SEC) will unlikely approve funds that do not hold the two most significant crypto tokens by market cap.

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Here’s What Drove Bitcoin’s Price To $50,000, According to This Expert

In the last 24 hours, Bitcoin soared to a 2-year peak, briefly breaking the $50,000 barrier. Although it has since pulled back from this mark, BTC’s momentum remains strong, showcasing a bullish trend with a 3.9% increase over the past day.

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