ASX’s First Bitcoin ETF Ends First Day at $1.3M Trading Volume
The Australian Securities Exchange’s first Bitcoin exchange-traded fund (ETF) concluded its inaugural trading day with a trading volume of $1.3 million. The total trading volumes of the United States’ spot Bitcoin ETFs on the first day were $4.5 billion, with an average of approximately $450 million per fund. This is significantly lower than the inaugural […]
Top Altcoins Plunge Double Digits with ‘No Clear Catalyst’
Crypto market analysts speculate that the recent collapse of altcoins may be associated with a recent surge in spot Bitcoin ETF outflows. On Monday, the crypto markets plunged into a sea of red, with some altcoins losing over 10%. An industry analyst told Cointelegraph that there is “no clear catalyst” to explain the reason for […]
Australian Securities Exchange Approves First Spot Bitcoin ETF
The Australian Securities Exchange has approved the VanEck Bitcoin ETF, which will begin trading on June 20. The Australian Securities Exchange (ASX), the third-largest stock exchange in Australia, has authorized the trading of its inaugural spot Bitcoin exchange-traded fund (ETF) on June 20. VanEck, an investment firm, will be the issuer of the VanEck Bitcoin […]
Australia Bank Offers Monochrome Bitcoin ETF To 17M Customers
Commonwealth Bank of Australia has recently expanded its ETF offerings by adding the Monochrome Bitcoin ETF (IBTC) to their customers. Commonwealth Bank of Australia (CBA) has launched the Monochrome Bitcoin ETF (IBTC) on its trading platform, marking a significant milestone in the industry. The bank offers its enormous clientele of 17 million people Bitcoin ETF investment […]
US Bitcoin ETFs Inflow Nears $500M Amid Lower Search Volume
On June 5, bitcoin exchange-traded funds (ETFs) in the US experienced an inflow of $488.1 million. However, Google data indicates a significantly lower volume of search. On June 4, the ETFs experienced their second-highest inflow day, totaling $886.6 million. Farside Investors data indicates that the Fidelity Wise Origin Bitcoin Fund (FBTC) accounted for the largest […]