Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion
Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billionGrowing investor appetite evident as "Newborn Nine" Bitcoin ETFs accumulate $4 billion in assets under management.Happy Monday!The global crypto market cap is $1.59 trillion, with a 24-hour volume of $51.68 billion. The price of Bitcoin is $40,616.28, and BTC market dominance is 50.0%. The price of Ethereum is $2,371.61, and ETH market dominance is 17.9%. The best-performing sector is Adult, which gained 4%. The Crypto Fear & Greed Index is currently Neutral (55). Top NewsBitcoin ETFs buy 95,000 BTC as assets under management hit $4 billionGrowing investor appetite evident as "Newborn Nine" Bitcoin ETFs accumulate $4 billion in assets under management. China’s underground crypto market thrives despite harsh trading ban: WSJChinese crypto traders flout ban through VPNs, social media, and clandestine meetups, maintaining an $86 billion underground market. Grayscale NAV flips BlackRock as IBIT records first discount to Bitcoin since launchGrayscale tightens its NAV to -0.27% while BlackRock trades at a discounted -0.3% for the first time. More NewsTerra tokens fall following Terraform Labs Chapter 11 bankruptcy filingThe value of several Terra-related tokens nosedived following the bankruptcy filing. Senator Warren faces crypto community pushback over sanction evasion claimsSeveral crypto leaders assert that the lawmaker's statement were part of attempts to vilify the industry. Trump NFTs trading volume spike following DeSantis endorsement of Trump’s re-election movesThe Florida Governor and the former president share similar opposition views on CBDCs. Ethereum Foundation heaps pressure on market with $1.68 million in ETH salesEthereum's price fell by more than 4% during the past day due to the significant selling pressure. |
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Bitcoin ETFs: An in-depth look at the first 5 days of trading
Sunday, January 21, 2024
We explore the first 5 days of Bitcoin ETF trading, analyzing their inflows and implications on the broader market.
Franklin Templeton CEO says ETF has shown ‘demand’ for Bitcoin is ‘everywhere’
Saturday, January 20, 2024
Jenny Johnson said the launch of Franklin Templeton's Bitcoin ETF is a strategic response to the increased use of Bitcoin in transactions and its integration into the broader financial system.
If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, here’s why
Friday, January 19, 2024
A fun exploration into why Bitcoin liquidity is not the same as other commodity ETFs.
JPM’s Jamie Dimon believes Satoshi Nakamoto will either increase or “erase” Bitcoin supply
Thursday, January 18, 2024
The JPMorgan CEO's unfounded theories on Bitcoin have attracted massive backlash.
BlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’
Wednesday, January 17, 2024
Spot Bitcoin ETFs have recorded roughly $500 million in trading volume on the third day of trading, as of press time.
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Friday, January 10, 2025
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Thursday, January 9, 2025
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