Bitcoin ETF Volumes Stay Strong Amid BTC Price Dip
Despite declining inflows, Bitcoin ETF trading activity in March exceeded that of February, indicating sustained market engagement. The Bitcoin ETF experienced a period of positive inflows during the last week, totaling $485 million. However, the rate of BTC ETF inflows has decelerated, prompting numerous individuals to speculate on whether this will impede Bitcoin’s ascent to $100,000. […]
BlackRock Adds 5 Wall Street Firms to Bitcoin ETF List
On April 5, global asset manager BlackRock added five major Wall Street firms to its Bitcoin exchange-traded fund (ETF) prospectus. The document modifies BlackRock’s S-1 registration statement with the US Securities and Exchange Commission. Its new members include ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs, and UBS Securities. Virtu Americas, Macquarie Capital, […]
Algorithmic Tracking of ETF Flows Causes Market Volatility in Asia
Significant algo trading resulted from the drying inflows into spot Bitcoin ETFs, which caused substantial BTC price volatility in Asian markets. Asia’s Bitcoin investors have been subjected to significant volatility as a result of the effects of automated trading protocols that respond to flows in US Bitcoin ETFs. Updates on the demand for spot Bitcoin ETFs circulate […]
Bitcoin ETF Flows Take Downturn As Q2 Begins
GBTC outflows have surpassed $300 million once more, causing an overall negative attitude in the Bitcoin ETF market. The cumulative inflows into all nine spot Bitcoin ETFs reverted to negative once again on Monday, April 1. It appears that outflows from the Grayscale Bitcoin ETF GBTC have once more increased significantly. Once more, the total outflow […]
Bitcoin ETF Inflows Rise, Fidelity Beats BlackRock
As investors pursue exposure via regulated instruments, the demand for spot Bitcoin ETFs on the wealth desks of major banks increases significantly. As of Monday, March 25, the nine spot Bitcoin ETFs have recouped net positive inflows following a week of significant outflows. Notably, the Fidelity FBTC Bitcoin ETF surpassed BlackRock’s IBIT in terms of overall inflows. Bitcoin […]