spot Bitcoin ETFs

Bitcoin network has officially surpassed one billion processed transactions. According to data published on Clark Moody Bitcoin, one billionth transaction was processed in block 842,241 at 9:34 pm UTC on May 5.  This achievement comes exactly 15 years, four months, and four days after the pseudonymous founder, Satoshi Nakamoto, mined Bitcoin’s first block on Jan. […]

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) […]

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. […]

The highly anticipated spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have been launched on the Hong Kong Stock Exchange today. Earlier this month, the Hong Kong Securities and Futures Commission (SFC) approved spot BTC and ETH ETFs managed by China Asset Management, Bosera, and Harvest.  Speaking to Bloomberg TV, Yimei Li, China Asset […]

On April 25, the price of Bitcoin (BTC) fell below $64,000, triggering widespread liquidations of long positions across the crypto market. The price drop is attributed to several factors, including the arrest of Samourai Wallet founders, escalating geopolitical tensions in the Middle East, and post-halving volatility. As of writing, Bitcoin is trading at $63,306, down […]

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 […]

Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) saw net outflows of $87.5 million on April 2, the highest since its debut, according to preliminary data from Farside Investors. This outflow is equivalent to approximately 1,300 BTC. The amount surpasses outflows seen from Grayscale’s Bitcoin Trust (GBTC), which recorded $81.9 million on the same day.  This […]

Bitcoin (BTC) fell 5% to $65,970 from $69,450 in less than 30 minutes in the early hours of April 2 UTC. This marks a 10.60% drop from its peak of $73,798 reached in mid-March.  The price drop triggered a massive liquidation of over $483 million worth of leveraged crypto positions on centralized exchanges (CEXs) in […]

The net aggregate flow of funds to the spot Bitcoin (BTC) exchange-traded funds (ETFs) turned positive for the first time since March 15. According to provisional data published by investment firm Farsid, spot BTC ETFs registered inflows totalling $15.4 million on March 25. This marks a reversal of a trend that led to net outflows […]