#bitcoin

Grayscale’s spot Bitcoin exchange-traded fund (GBTC) saw its second daily net inflows on May 6, drawing in $3.9 million into the converted trust, according to data from Farside Investors. As a result, the overall US spot Bitcoin ETF market recorded net positive inflows of $217 million. GBTC ended its 78-day streak of net outflows last […]

United States-based spot Bitcoin (BTC) exchange-traded funds (ETF) recorded $563.7 million in total net outflows on March 1 — the largest since the funds began trading on January 11 — according to data from Farside Investors. These outflows coincide with a 10.32% BTC price decrease over the past week. Fidelity’s Wise Origin Bitcoin Fund (FBTC) […]

A federal grand jury has indicted Roger Ver, an early investor in Bitcoin known as the “Bitcoin Jesus,” on charges of mail fraud and tax evasion. Ver was arrested this weekend in Spain based on these charges, and the United States is seeking his extradition to stand trial. The indictment alleges that Ver, a former […]

Bitcoin (BTC) has recently seen a significant price drop, leading to concerns among those who anticipated a surge following its halving event. Since the fourth BTC halving, which occurred on April 20 at 12:09 AM UTC, BTC has fallen by 11%. The price is currently 22% down from its March 14 all-time high of $73,737. […]

Hong Kong’s new spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded over HK$87.58 million ($11.2 million) in trading volume on their first trading day. In contrast, the United States spot BTC ETFs recorded a staggering $4.6 billion in trading volumes on the very first day. On April 30, Hong Kong Exchanges and Clearing […]

In a post on X, former Grayscale research director Phil Bonello said there is a 20% chance of Bitcoin (BTC) falling to $52,000. He said rising inflation, ongoing geopolitical tensions, and instability in the Yen are all affecting Bitcoin and the broader crypto market. Bonello also highlighted that many altcoins have dropped by more than […]

This week, the QCP Weekend Brief noted that the crypto markets saw a large compression in volatility levels. From 70% to 50%, Bitcoin’s volatility showed a relative calm following its recent turbulence. However, this shrinking of volatility also brought about a deepening downside skew in Ethereum risk reversals, with front-end breaching -13%. Analysts have been quick to point […]

Morgan Stanley, one of the largest investment banks in the United States, is exploring the possibility of expanding its bitcoin exchange-traded fund (ETF) offerings by allowing its approximately 15,000 brokers to recommend these products to customers. According to a report from AdvisorHub, this potential move comes as the firm aims to tap into the growing […]

On April 24, BlackRock’s spot Bitcoin exchange-traded fund (ETF), which trades under the ticker IBIT on Nasdaq, recorded zero net inflows for the first time since its launch in the United States on January 11. IBIT has continuously attracted millions of dollars in daily investments, totaling about $15.5 billion in just 71 days. Out of […]