Crypto Shockwave: Nearly $1 Billion Vanishes From Global Funds In Historic Outflow

Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds. A recent report from CoinShares highlighted nearly $1 billion net outflow from these funds, marking a historic departure from a 7-week inflow streak that had cumulatively amassed $12.

Read more

Peter Schiff Questions True Agenda Behind MicroStrategy’s Bitcoin Acquisition | Bitcoinist.com

Michael Saylor’s MicroStrategy is currently in the limelight, as Gold advocate and Bitcoin critic Peter Schiff spells out the real intentions behind the tech company’s large BTC accumulation over time.

Read more

Fidelity Adjusts Ethereum ETF Application, Optimistic About Regulatory Approval | Bitcoinist.com

Spot Ethereum Exchange-Traded Funds (ETFs) may be witnessing a decline in approval odds, but there is still a wave of optimism among several financial management firms applying for the products.

Read more

Bitcoin ETF Debate: Jim Bianco Backs Vanguard As He Advocates Caution | Bitcoinist.com

The cryptocurrency market has witnessed a major turning point following the approval of Bitcoin Spot Exchange-Traded Funds (ETFs) by the United States Securities and Exchange Commission (SEC) on January 11.

Read more

US SEC Rejects SkyBridge’s Bitcoin ETF Application, Here’s Why | Bitcoinist.com

The introduction of the Bitcoin Spot Exchange-Traded Funds (ETFs) has been a pivotal development in the cryptocurrency market, but some ETF issuers have failed to respond to certain requirements, leading to the rejection of their application.

Read more

Ethereum ETFs Dream Wanes: Approval Odds Drop Significantly To 35% | Bitcoinist.com

Forecasts of approval of the much-anticipated Ethereum Exchange-Traded Funds (ETFs) are dwindling as top market analysts and experts express doubts about its possibility, citing a significant drop in approval odds over time.

Read more

These New Spot Bitcoin ETFs Now Hold Nearly 1.5% Of BTC Supply As Holdings Surges Above 300,000

So far, the nine newly launched US spot Bitcoin exchange-traded funds (ETFs) have achieved a notable milestone, collectively accumulating over 300,000 BTC in assets under management (AUM) – a figure amounting to nearly 1% of BTC supply of 21 million – in just less than two months after their incepti

Read more