Daily Inflows into Bitcoin ETFs Reach Record Level
On February 13, the inflow of assets into spot Bitcoin exchange traded funds (ETFs) reached $631.2 million.
On February 13, the inflow of assets into spot Bitcoin exchange traded funds (ETFs) reached $631.2 million.
Last week, more than $700 million was invested into Bitcoin-focused investment vehicles.
On January 31, net inflows into spot Bitcoin ETFs reached $197 million, marking the fourth consecutive day of positive trend.
The Securities and Exchange Commission is anticipated to use the same approach as it did for approving Bitcoin exchange-traded funds for Ethereum ETFs.
The ETF designed to profit from trading against CNBC Mad Money host Jim Cramer’s tips is closing down after just 10 months of trading.
The approval of a Bitcoin ETF and the expected loosening of monetary policy by the Federal Reserve in the first half of 2024 will push the cost of digital gold to around $58,700.
The US Securities and Exchange Commission has delayed its decision on BlackRock’s proposed spot Ether exchange-traded fund (ETF) by one day.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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