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On Monday, BlackRock’s Bitcoin ETF, IBIT, posted its first net inflows in two weeks, according to data from Farside Investors . The iShares Bitcoin Trust (IBIT), the largest of the bitcoin ETFs by assets under management, drew $15.8 million of new money yesterday. The exchange-traded fund ended a streak of 13 days of flat or negative inflows. IBIT’s net outflows summed to $23.1 million over the last two weeks. $15.8 million of that was accumulated on Monday alone. This is incredibly minute compared to the more than $20 billion in assets under management at the fund. As Bitcoin struggled in price towards the end of August, several of the top Bitcoin ETF funds also suffered in terms of inflows. However, BTC has slowly escaped that bearish phase and is back over $60,000 at press time. Uncertainty about the direction of global markets, the U.S. presidential election, and the upcoming Fed decision on interest rate cuts all played a part in IBIT’s recent inflow performances....

At press time, Bitcoin trades at $67,260 marking a 3.57% rise over the past day. Bitcoin transaction volumes remain subdued despite the resurging BTC value. Bitcoin Dogs await token claiming and exchange listing with bated breath. Bitcoin (BTC) has surged back into the spotlight, with its price hitting a high of $67,744 in the past 24 hours. This surge in value comes just in time for the much-anticipated exchange listing of 0DOG, the native token of Bitcoin Dogs. BTC price moves out of consolidation The recent Bitcoin price surge comes after a period of consolidation and uncertainty in the cryptocurrency markets that followed Bitcoin’s ascent to its new ATH of $73,750.07 11 days ago. Analysts attribute Bitcoin’s recent price surge to several key factors. One significant factor is the growing interest from institutional investors and Wall Street in spot Bitcoin ETF s listed on Nasdaq. This influx of institutional capital into the cryptocurrency ...

Google, a subsidiary of tech conglomerate Alphabet, is on the verge of a significant policy update set to take effect on Jan. 29, which could alter the landscape of cryptocurrency advertising. Now that the U.S. Securities and Exchange Commission’s (SEC) approved 11 spot Bitcoin (BTC) ETFs on Jan. 10, Google is expected to amend its rules and enable asset managers to advertise these products to a broader U.S. audience. This move follows Google’s recent decision to broaden its crypto currency and related products’ policy , now providing advertisers with specific guidelines for promoting what it calls “ crypto currency coin trusts.” Advertisers eager to capitalize on Google’s platform, renowned for its expansive reach and high search volume, will now require certification to ensure compliance with the tech giant’s stringent requirements. The significance of this development is highlighted by the Grayscale Bitcoin Trust (GBTC) converting to a spot Bitcoin ETF, coupled with ...

CoinShares exercises option to buy Valkyrie Funds following SEC’s spot ETFs approval. The acquisition will add $110 million in assets under management (AUM) to CoinShares’ $4.5 billion. It also allows the Europe-based asset manager to expand into the US. CoinShares, a digital assets investment firm based in Jersey, Channel Islands, has exercised its option to buy Valkyrie Funds LLC, the crypto exchange-traded funds arm of US-based firm Valkyrie Investments Inc. The acquisition allows CoinShares to enter the US market, and follows the US Securities and Exchange Commission (SEC)’s approval of spot Bitcoin ETF s, the company said in a press release published on Friday. On Wednesday, SEC allowed spot Bitcoin ETF s to start trading on stock exchanges, including The Valkyrie Bitcoin Fund (BRRR). Like the other funds, which include BlackRock’s IBIT, Fidelity’s FBTC and Ark/21 Shares’ ARKB, BRRR trading went live on Nasdaq on Jan...

The past few months have seen the digital asset industry anxiously awaiting a decision regarding Spot Bitcoin ETF s. More than a dozen firms filed applications with the US Securities and Exchange Commission (SEC) as they sought to issue the investment product. Now, just ten days into the new year, the SEC has approved All Spot Bitcoin ETF s. These approvals are undoubtedly a landmark development for the sector. Subsequently, the decision will allow asset management firms like BlackRock, Grayscale, and Valkyrie to head their very own Bitcon-focused exchange-traded funds. BREAKING: 🇺🇸 SEC officially approves all Spot #Bitcoin ETFs. • VanEck • Bitwise • Fidelity • Franklin • Valkyrie • Hashdex • Ark Invest • Grayscale • BlackRock • WisdomTree • Invesco Galaxy pic.twitter.com/VBfjflSAlH — Watcher.Guru (@WatcherGuru) January 10, 2024 Also Read: Bitcoin: 88% US Financial Advisors Want BTC After ETF Appr...

With the potential arrival of the first approval nearing, VanEck has released a brand new spot Bitcoin ETF commercial. Indeed, the Bitcoin ETF applicant has joined firms such as Bitwise and Hashdex to begin advertising the currently pending investment product. The investment solutions firm took to X (formerly Twitter) to share the commercial with the caption “Born to Bitcoin.” Conversely, it is one of many advertisements that have been released amid the impending US Securities and Exchange Commission’s (SEC) first-ever spot Bitcoin ETF approval in the United States.  JUST IN: VanEck releases new Spot # Bitcoin ETF commercial. pic.twitter.com/1F0gtbyPJE — Watcher.Guru (@WatcherGuru) December 29, 2023 Also Read: VanEck Predicts First Spot Bitcoin ETF Approval for Q1 2024 VanEck Gets in On Bitcoin ETF Ad Fight With Latest Commercial For the past several months, discussions on a spot Bitcoin ETF in the United States have dominated the digit...

Will the much-anticipated approval of spot Bitcoin ETFs be the catalyst for widespread adoption, or could it paradoxically hinder Bitcoin’s growth? As of Dec. 11, the U.S. Securities and Exchange Commission (SEC) has not approved any spot Bitcoin (BTC) ETF applications despite growing interest and numerous filings from major financial entities.  This persistent reluctance stems from concerns about fraud and market manipulation, with the SEC emphasizing the need for a “comprehensive surveillance-sharing agreement with a regulated market of significant size.” Historically, applications for Bitcoin spot ETFs have been repeatedly submitted and rejected. Notable investment firms like Ark Invest, Invesco, WisdomTree, VanEck, Bitwise, and Valkyrie have all faced rejections in their attempts to launch such products.  Despite these setbacks, the race for approval continues, with BlackRock, the world’s largest asset manager, recently filing a renewed ETF application. Th...

Bitwise Converts Filing To Bitcoin And Ether Strategy ETF According to a filing with the US SEC on August 10, Bitwise has revised its Bitcoin Strategy Optimum Roll ETF into Bitcoin and Ether Equal Weight Strategy ETF. The ticker is changed from BITF to BTOP. advertisement Bloomberg ETF analyst James Seyffart noted that the effective date would be October 9. This is same as Valkyrie did a few days ago, changing its Bitcoin Strategy ETF to Bitcoin and Ether Strategy ETF. “We’re in new territory. It’s been 13 days since Volatility Shares was first in a wave of Ethereum futures ETF filings. Back in 2021 it was just a couple days before SEC forced withdrawals and was just ~7 days in May of this year. The odds of launching increase as time goes by.” Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...