Bitcoin ETFs Surge as Fidelity and Grayscale Lead with Massive Inflows
Bitcoin ETFs have seen a notable resurgence in investor interest, marked by substantial inflows totaling over $21 million on Wednesday,
Exchange-Traded Fund (ETF) is a type of Exchange-Traded Product (ETP) that holds an underlying asset. Generally, ETFs are the investment securities that track the price of their underlying asset. Thus, Bitcoin ETFs fluctuate with the moving BTC price.
There are mainly two types of Bitcoin ETFs: Spot and Futures. While Spot ETFs hold Bitcoin as their underlying asset, Futures ETFs hold futures contracts over Bitcoin.
The first Bitcoin Futures ETF was approved in 2021, with the launch of Proshares Bitcoin Strategy ETF (BITO). In January 2024, the SEC approved 11 Spot Bitcoin ETFs including GBTC, IBIT, FBTC, etc.
As Bitcoin ETFs provide an easier and more regulated way to invest in Bitcoin, they have garnered attention from both retail and institutional investors. They are the best investment choices for investors concerned about security, regulatory, and technical complexities of assets.
Bitcoin ETFs have seen a notable resurgence in investor interest, marked by substantial inflows totaling over $21 million on Wednesday,
VanEck’s spot Bitcoin exchange-traded fund (ETF) made a significant debut on the Australian Securities Exchange (ASX), reflecting growing investor interest
Bitcoin’s price dipped below $67,000, but a notable surge in exchange-traded fund volume has rekindled optimism for a potential turnaround.
Bitcoin and Ethereum layer-2 networks are making significant strides in the cryptocurrency market, with nearly 5% of Bitcoin’s total supply
The Thailand SEC has approved ONEAM’s launch of the country’s first spot Bitcoin ETF. The ONE Bitcoin ETF Fund of
On June 4, spot Bitcoin ETF of Monochrome Asset Management begins trading in Cboe Australia, offering investors a regulated way
Harvest Global Investments, a leading issuer of Hong Kong’s first spot crypto ETFs, is considering future inclusion in the ETF
Bitcoin exchange-traded funds (ETFs) have garnered considerable attention, especially after witnessing notable outflows from newly established U.S. BTC ETFs. However,
Bloomberg’s senior ETF analyst Eric Balchunas has responded to the enthusiasm surrounding the launch of spot bitcoin and ethereum exchange-traded
© Cryptotale. Blockchain News Media. All Rights Reserved.