ETF

**Bitcoin** US Banks Embrace Bitcoin: J.P. Morgan Reveals $731k Investment in BTC ETF!

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New York, USA – Major banks are starting to embrace Bitcoin investments, signaling a shift in attitudes towards cryptocurrencies. In a recent filing, J.P. Morgan disclosed a significant investment in a spot Bitcoin ETF on behalf of its clients. The bank allocated a large portion of the investment to IBIT in BlackRock, as well as investing in other Bitcoin-related funds like Bitwise’s BITB, Fidelity’s FBTC, and Grayscale’s GBTC. Wells Fargo, another prominent US bank, also …

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Bitcoin ETF Outflows Trigger Bullish Sentiment Shift in Crypto Market – What’s Next for BTC?

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New York, USA – Grayscale’s Bitcoin ETF experienced a significant negative outflow of over $43 million, leading to outflows in other products in the cryptocurrency market. Despite this development, Bitcoin’s overall market remained relatively unaffected. Recently, U.S. spot Bitcoin ETFs have faced a sluggish month, once anticipated to be a major driver for a potential 2024 bull run that could catapult Bitcoin to as high as $100,000. These products saw outflows amounting to approximately $11.3 …

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**Inflows Surge: Grayscale Bitcoin ETF Records $60 Million In Single Day, Breaking Daily Outflow Streak**

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New York, NY – The Grayscale Bitcoin Trust (GBTC) has made headlines with its surprising change in fortunes, as it recently experienced its first-ever inflow after a period of significant daily outflows since its launch. The Grayscale Spot Bitcoin ETF, which had been seeing outflows since January 11, 2024, finally saw a reversal of this trend on May 3, attracting over $60 million in inflows. Data from investment management firm Farside revealed that Grayscale’s Spot …

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**Bitcoin Halving** brings rollercoaster week to crypto world: ETF approval, gaming fund launch, and more!

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New York, NY: This past week was quite eventful for Bitcoin and the cryptocurrency market as a whole, culminating in the highly-anticipated Bitcoin halving early on a Saturday morning. The week started off with a positive rebound in Bitcoin’s price following a weekend dip, accompanied by the approval of Bitcoin and Ethereum spot ETFs in Hong Kong. Venture capital and investment firm Andreessen Horowitz made headlines on Tuesday with the launch of its second gaming …

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Bitcoin Mini ETF Fees: Not as “Cheap” as Grayscale Claims, Analysts Say

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New York, NY- Amidst the buzz surrounding Grayscale’s Mini Bitcoin ETF, analysts are questioning the feasibility of the ‘cheap’ fees associated with the new investment opportunity. The proposed 0.15% fee for the Mini Bitcoin ETF is said to be the lowest among spot Bitcoin ETFs, sparking discussions about the impact it will have on the market. Grayscale’s CEO recently discussed the potential for crypto assets in the Middle East, shedding light on the growing interest …

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Bitcoin Rally Anticipation: China ETF Approval Sparks Speculation for Halving Surge

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Hong Kong, a global financial hub known for its innovation in the cryptocurrency market, is gearing up for a potential game-changing development. Reports suggest that Hong Kong may soon approve the launch of Bitcoin and Ethereum Exchange-Traded Funds (ETFs), adding more legitimacy and accessibility to these digital assets. This potential approval comes at a time when investors are closely watching the cryptocurrency market, especially with the upcoming Bitcoin halving event. The halving, which occurs approximately …

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**Gold Companies ETF Targeted in China Trading Frenzy – What Investors Need to Know Right Now**

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Shanghai, China – The surge in trading activity around an exchange-traded fund (ETF) focused on gold companies has captured the attention of investors in China, as they seek refuge in sectors perceived to be resilient amid economic uncertainties. China Asset Management Co. announced a temporary halt in trading for the ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF last Monday, extending a trading suspension that was first implemented the previous Tuesday. Investors have been drawn to …

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Whale Transactions Surge as CFTC Boosts Ethereum as Commodity: Will ETH ETF Approval Follow Suit?

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In New York City, whale transactions involving Ethereum (ETH) valued at over $100,000 saw a significant increase in March, reflecting a growing optimism among investors. Despite facing challenges like the Dencun Upgrade, Ethereum experienced only a slight uptick of 0.79% over the course of the month, with the cryptocurrency struggling to surpass the $4,000 mark and dropping to $3,500. However, large investors continued to show confidence in Ethereum by adding more exposure to their portfolios. …

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Bitcoin Volatility Continues as ETF Outflows Drive Market – Experts Predict More Turbulence Ahead

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Singapore, Singapore – Bitcoin faces volatility as it experiences a 10% drawdown this week, attributed to spot bitcoin ETF outflows from GBTC totaling around $300 million on March 20, according to Semir Gabeljic, Director of Capital Formation at Pythagoras Investments. Gabeljic added that this drawdown aligns with the expected range of 10-20% historically seen before the BTC halving event, hinting at more volatility ahead of the event. The CoinDesk 20 (CD20), a benchmark for the …

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Bitcoin Bloodbath: Grayscale ETF Sees Record $642.5 Million Outflows, Investors Panic as Asset Losses Mount

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New York, NY – The Bitcoin market experienced a significant selloff on Tuesday, with Grayscale’s Bitcoin Trust recording record outflows. This resulted in accelerated losses for the fund since its conversion into an exchange-traded fund earlier this year. BitMEX Research reported that Grayscale’s ETF saw a daily outflow of $642.5 million on Monday, coinciding with a 4% drop in Bitcoin’s value. By mid-afternoon Tuesday, the cryptocurrency had fallen an additional 2%, although it managed to …

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