• 21 November, 2024

Tag: Bitcoin ETF News

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.

Markets
CFTC Approves Clearing of Options on Spot Commodity ETFs

CFTC Approves Clearing of Options on Spot Commodity ETFs

The Commodity Futures Trading Commission (CFTC) has paved the way for clearing Options on Spot Commodity Exchange Traded Funds (ETFs).

Markets
$1.1B Inflows Prop BlackRock’s IBIT Amid BTC’s Record Rally

$1.1B Inflows Prop BlackRock’s IBIT Amid BTC’s Record Rally

BlackRock’s spot Bitcoin exchange-traded fund (ETF), IBIT, saw record-breaking inflows of $1.1 billion on Nov. 7. The fund reclaimed its

Markets
Fidelity and Ark Lead $541M Outflow in US Bitcoin ETF Market

Fidelity and Ark Lead $541M Outflow in US Bitcoin ETF Market

On November 4, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their second-largest single-day outflow since their inception. Data from Farside

Markets
SEC Approves Bitcoin Options Trading for BlackRock’s IBIT

SEC Approves Bitcoin Options Trading for BlackRock’s IBIT

The US Securities and Exchange Commission (SEC) has approved options trading for BlackRock’s iShares Bitcoin exchange-traded fund (ETF). This decision

Markets
BTC ETFs Get Top Priority Over Other Exchanges: Bitwise CIO

BTC ETFs Get Top Priority Over Other Exchanges: Bitwise CIO

Matt Hougan, Bitwise’s chief investment officer (CIO), highlighted in his X post the traction gained by Bitcoin exchange-traded funds (ETFs)

Market News
Wall Street Titans Fuel Bitcoin ETF Boom Despite Skepticism

Wall Street Titans Fuel Bitcoin ETF Boom Despite Skepticism

Major U.S. firms are increasingly backing spot Bitcoin ETFs, signaling a significant shift in traditional investment strategies. Hedge funds, pension

Markets
Goldman Sachs Holds $400M in Bitcoin ETFs, Reveals Strategy Shift

Goldman Sachs Holds $400M in Bitcoin ETFs, Reveals Strategy Shift

Goldman Sachs, previously known for its skeptical stance on cryptocurrencies, has now shifted gears by investing a substantial $400 million

Markets
Bitcoin ETFs Hit by $77.97M Outflow Amid ETH ETFs Launch: A Bearish Trend Ahead?

Bitcoin ETFs Hit by $77.97M Outflow Amid ETH ETFs Launch: A Bearish Trend Ahead?

On July 23, the cryptocurrency market experienced a significant shift as Bitcoin spot ETFs reported their first net outflow in

Markets
Bitcoin ETFs Attract $533.6M Inflows as Institutional Interest Peaks: Report

Bitcoin ETFs Attract $533.6M Inflows as Institutional Interest Peaks: Report

Institutional investors have reignited their interest in spot Bitcoin ETFs, registering the largest daily inflow since June 4. According to

News
Hong Kong Launches Asia’s First Inverse Bitcoin ETF: Report

Hong Kong Launches Asia’s First Inverse Bitcoin ETF: Report

Hong Kong is set to make history with the launch of Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin

Markets
Net Inflow for US Bitcoin Spot ETFs Reaches $383M, BlackRock and Fidelity Lead

Net Inflow for US Bitcoin Spot ETFs Reaches $383M, BlackRock and Fidelity Lead

According to Farside Investors’ data monitoring, the net inflow for US Bitcoin spot ETFs reached $383 million yesterday. This substantial

Markets
Bitcoin ETF Trading Hits $2.13B Daily: What’s Next?

Bitcoin ETF Trading Hits $2.13B Daily: What’s Next?

Investors have shown a renewed interest in Bitcoin exchange-traded funds (ETFs) throughout July, despite lingering market uncertainties. Data from leading