Spot Bitcoin ETFs End 7-Day Outflow Streak
U.S. spot Bitcoin ETFs saw $31 million net inflows on June 25, reversing a seven-day streak of $1.1 billion outflows, per SoSo Value data. On June 25, United States-based spot Bitcoin exchange-traded funds (ETFs) experienced a reversal, with net inflows totaling $31 million, following a week of net outflows. The data from SoSo Value suggests […]
All ETFs and Mutual Funds to Utilize Blockchain, Franklin Templeton CEO Says
Jenny Johnson, CEO of Franklin Templeton, reaffirms support for blockchain, discussing tokenization and generative AI at the Milken Institute Global Conference. At the 27th Annual Milken Institute Global Conference in California, Jenny Johnson, the CEO and President of Franklin Templeton, a financial firm managing $1.6 trillion in assets, recently reaffirmed her support for blockchain technology […]
BTC Investor’s Reply on China’s Interest in ETFs Sparks Curiosity
Richard Byworth, a BTC investor, remarked that mainland Chinese investors may soon have access to Bitcoin ETFs listed in Hong Kong. This reply has sparked speculation. The initial week of trading activity for ETFs based in Hong Kong could have been better than that of their American counterparts. However, the proximity of Hong Kong to […]
Ark Invest Sells Off $69M Coinbase (COIN) Shares
On Monday, March 11, Cathie Wood’s ARK Invest sold off more than 270,000 shares of Coinbase (COIN) at the closing price of $256.62 per share, representing a significant $69.5 million. ARK Invest adheres to a strategic objective of preserving portfolio equilibrium among its exchange-traded funds (ETFs), wherein no single holding surpasses a 10% weighting of […]
Hong Kong to Reportedly Debut Spot Crypto ETFs by Mid-Year
The first spot exchange-traded funds (ETFs) could be introduced in Hong Kong as early as the middle of this year. According to local media, the government may soon introduce exchange-traded funds, citing comments made by Gary Tiu , chief executive and head of regulatory relations at OSL, a cryptocurrency exchange permitted in Hong Kong. Thanks […]