Bitwise CIO Says Bitcoin ETFs Influx Leads Global ETF Market
Since January 2024, Bitcoin ETFs have experienced record inflows of $17.5B, surpassing Nasdaq-100 QQQs and attracting substantial institutional interest. Bitcoin ETFs are becoming the fastest-growing ETFs, garnering substantial interest from institutional investors. These exchange-traded funds (ETFs) have generated an extraordinary $17.5 billion in net flows since their inception in January 2024. This figure surpasses the […]
BlackRock Now 3rd-Largest Bitcoin Holder with 350,000 BTC
BlackRock’s accumulation of nearly 350,000 BTC marks a strategic shift, now making the company 3rd largest bitcoin holder, fuelled by successful Bitcoin ETFs and growing institutional interest. The success of its Bitcoin-focused ETFs and the increased interest of institutional investors have contributed to BlackRock’s growing presence in the cryptocurrency market, which has led to this […]
Goldman Sachs Reveals Major Q2 Investments in Bitcoin ETFs
Goldman Sachs’ Q2 13F filing reveals significant exposure to seven different Bitcoin ETFs in the US market. During the second quarter of Q2, Goldman Sachs, a banking colossus, submitted the 13F filing, which disclosed its portfolio positions. The banking behemoth is exposed to seven distinct Bitcoin ETFs that are available in the US market, as […]
Ex-SEC Official Blasts Morgan Stanley Over Bitcoin ETFs
Ex-SEC official John Reed Stark warns Morgan Stanley of potential SEC scrutiny over spot Bitcoin ETFs. John Reed Stark, the former Chief of the SEC’s Office of Internet Enforcement, has issued a warning to Morgan Stanley regarding the provision of spot Bitcoin ETFs to its clients. The investment bank’s decision was criticized by an ex-SEC […]
Bitcoin Whale Transactions Hit Peak Levels Amid Crypto Dip
During a huge drop in the cryptocurrency market on August 5 and 6, onchain data shows that the number of Bitcoin whale transactions reached its biggest since April. As Bitcoin fell below $50,000 on “Crypto Black Monday,” Santiment found that wallets holding 10 to 1,000 BTC “rapidly accumulated.” On August 8, Santiment, an on-chain analytics […]