Bitcoin ETF Records 32K BTC Inflow As Whale Wallets Move
Bitcoin ETFs see a 32K BTC inflow as whale wallets move, with PlanB predicting BTC scarcity rivaling gold and changing crypto’s future. BitMEX Research recently published a report detailing the flow data of U.S. Spot Bitcoin ETFs since their inception. The data reveals a significant net inflow of more than 32,000 BTC in a span […]
Harvest Fund Files Spot Bitcoin ETF Application in Hong Kong
The Securities and Futures Commission has received a spot Bitcoin exchange-traded fund (ETF) application from Harvest Fund Management’s Hong Kong division. According to a Tencent News article, Harvest Fund Hong Kong has applied for a spot Bitcoin ETF with the Hong Kong Securities Regulatory Commission (SFC) since the local government has indicated that it is […]
Bitcoin ETFs Accumulate 100K BTC Amid Price Correction
Despite the ongoing price correction, nine new spot Bitcoin ETFs have amassed over 100,000 BTC, worth $4 billion. BitMEX CEO Arthur Hayes and crypto analyst Ali Martinez share their bearish views on the market. Nine new spot Bitcoin ETFs, which launched in the US and Canada in October 2023, have accumulated over 100,000 BTC, valued […]
Grayscale’s GBTC Net Outflows Rise While Others Stall
On Monday, January 22, Grayscale’s GBTC outflows surpassed $640 million, while other Bitcoin ETFs experienced significant NAV declines. Grayscale briefly dominated the market on the first day due to the excitement surrounding the SEC approval of the Bitcoin ETF. However, outflows from Grayscale’s GBTC surpassed $640 million on Monday, January 22. Other ETFs experienced substantial […]
Hong Kong Firm VSFG Aims for Spot Bitcoin ETF Launch in Q1
Venture Smart Financial Holdings Limited, a financial services firm based in Hong Kong, is set to introduce its spot Bitcoin exchange-traded fund (ETF) in the city in Q1. Brian Chan, the group head of investment and product at Venture Smart Financial , shared in an interview with Bloomberg that the company aims to accumulate up […]