Breaking News: SPOT BITCOIN ETF – Market Insights, Analysis & Latest Updates

21Shares CEO points to 'inflection point in the global order' as crypto hits mainstream popularity

Spot Bitcoin ETFs near anniversary with $600 billion trading volume; Bitcoin price skyrockets to over $100,000, fueled by institutional support and stablecoin adoption.

theblock.co • 06/12/2024 - 13:24 PM

Bitcoin's path to $100,000 requires new buyers absorbing long-term holder sell pressure, analysts say

Bitfinex analysts highlight the importance of balancing short-term and long-term Bitcoin holder demand, with recent ETF inflows suggesting a potential rise to $100,000.

theblock.co • 04/12/2024 - 15:49 PM

The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more

Crypto markets react to South Korea's martial law; XRP reserve cut; BlackRock ETF hits BTC milestone; Coinbase CEO criticizes law firms hiring SEC staff; Pump.fun revenues soar.

theblock.co • 03/12/2024 - 19:28 PM

BlackRock’s spot ETF surpasses 500,000 bitcoin in assets under management

BlackRock’s IBIT spot bitcoin ETF has exceeded 500,000 BTC in assets under management less than a year after trading began. The fund is now approaching the $50 billion AUM mark following another $338.3 million worth of net inflows on Monday.

theblock.co • 03/12/2024 - 11:06 AM

Global Ethereum investment products hit $2.2 billion annual inflow record amid US ETF surge

Ethereum-based investment products registered $634 million worth of net inflows globally last week, led by the U.S. spot ETFs, according to CoinShares. As a result, Ethereum funds reached a new annual record of $2.2 billion in net inflows, surpassing the $2 billion peak in 2021. Meanwhile, XRP funds hit a weekly inflow record, while Bitcoin products witnessed outflows.

theblock.co • 02/12/2024 - 15:33 PM

Could there be a Dogecoin ETF in 2025? 'Today's satire is tomorrow's ETF' says expert

President-elect Donald Trump has championed himself as a pro-crypto leader, hoping to make America the “bitcoin capital of the world.” Dogecoin is the world’s sixth-largest cryptocurrency with a market cap near $60 billion.

theblock.co • 29/11/2024 - 15:31 PM

Spot bitcoin ETFs end positive streak with $438 million outflows; BTC dips to $94,500

U.S. spot bitcoin ETFs reported a total daily outflow of $438 million on Monday. Monday’s net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs. Meanwhile, bitcoin has retraced some of its gains over the past few days, now trading at around $94,500.

theblock.co • 26/11/2024 - 06:34 AM

Bitcoin ETFs lead $3.1 billion weekly inflow record into crypto investment products: CoinShares

Crypto investment products registered a record $3.13 billion worth of net inflows globally last week, led by the U.S. spot Bitcoin ETFs, according to CoinShares. The funds’ year-to-date net inflows have also reached a record $37 billion, while assets under management hit a new peak of $153 billion.

theblock.co • 25/11/2024 - 11:53 AM

Will there be a Solana ETF by the end of 2025?

Cboe BZX filed four applications for spot Solana ETFs earlier this week. The approval path for additional spot crypto ETFs should become clearer with a pro-crypto White House administration.

theblock.co • 23/11/2024 - 17:57 PM

The Daily: Solana hits new all-time high, XRP surges after Gensler announces SEC departure and more

Solana surged 11% on Thursday to reach a new all-time high above $263 by the end of the day amid a broader market rally fueled by Donald Trump’s election victory, sparking optimism about a more crypto-friendly U.S. administration. XRP has had one of the strongest crypto rallies over the past 24 hours, surging 32% to around $1.47 — reaching its highest price since May 2021. Ethereum futures open interest jumped 12% to a fresh high of $20.8 billion on Friday, signaling short-term bullish momentum in the derivatives market, according to analysts at CryptoQuant. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 22/11/2024 - 18:46 PM

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