The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund's total value.
The group of recently launched spot bitcoin exchange-traded funds (ETFs) are seeing combined negative flows for the first time since they opened for trade on Jan. 11 as money moving into funds like BlackRock's IBIT and Fidelity's FBTC has failed to keep pace with the exits from Grayscale’s GBTC.
Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report.
The days of rising crypto prices lifting all boats, including mining stocks, may be gone. But it still looks like being a good year for digital assets, says Alex Tapscott.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.
Billions of dollars have flowed into U.S. spot Bitcoin ETFs, but some crypto executives claim these instruments are a departure from crypto ideals.
At least 10 asset managers have been working to launch a spot Bitcoin ETF in Hong Kong amid Bitcoin ETF push in the United States.
BlackRock’s ETF sucked up the most Bitcoin compared to other funds, while Grayscale’s fund continued to see outflows on trading day five.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).
Some have forecasted sharp declines in bitcoin's price as traders 'sell the news' post-ETF approval, but Fidelity's Director of Global Macro disagrees.
On Jan. 16, spot Bitcoin ETFs generated $1.8 billion in volume — more than three times the combined trading volume that same day of all 500 ETFs launched in 2023.
The approval of Bitcoin ETFs last week sets up a potential fight between Bitcoin Maxis and giant Wall Street institutions, says Michael Casey.
Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The trading of U.S. spot Bitcoin ETFs brought all-time high weekly trading volumes for crypto investment products, according to CoinShares.
The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week.
After initially revealing their fees on Monday, several providers then reduced them spying the impending battle for market share that would ensue once the funds were approved.
Several firms have filed applications for spot ether ETFs, including BlackRock.
A majority of bitcoin ETF issuers have chosen Coinbase as a custodian, which is a concentration of risk. Even if that is the safest option, new cybersecurity standards are needed for making crypto custody truly safe.
The Zürich-based banking giant's decision contrasts with Vanguard's decision to bar customers from buying bitcoin ETFs.
From hacks to unnecessary delays to ungracious statements, the SEC chair has made few friends as he finally approves these in-demand BTC products for the first time.
Vanguard, one of the largest asset managers in the world, is preventing customers from buying the newly approved bitcoin ETFs.
ARK Invest's CEO previously predicted the price to reach $1 million by 2030.
They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said.
Bitcoin hit its highest price in more than two years Thursday before it fell back to $46,000 as the highly anticipated spot bitcoin ETF debut unleashed volatility.