Over 200K BTC now stored in Bitcoin ETFs and other institutional products
Bitcoin ETPs now have more BTC under control on behalf of clients than ever before. Bitcoin (BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC exposure is mounting.Data from monitoring firm Arcane Research published this week shows that Bitcoin exchange-traded products (ETPs) now have record high BTC under management."Happier days" for Bitcoin ETPs as buyers pile inDespite BTC price action failing to draw in buyers at over 50% below all-time highs, not everyone is feeling risk-off.According to Arcane’s data, Bitcoin....
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Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Crypto investment products registered minor weekly outflows last week as volumes plunged to their second-lowest levels of the year, signaling weak demand among institutional investors during the tail end of summer.Outflows from digital asset investment products totaled $8.7 million in the week ending Sunday, CoinShares reported Monday. Bitcoin (BTC) investment products saw a third consecutive week of outflows totaling $15.3 million. Funds with direct exposure to Solana....
Bitcoin ETFs are on fire! And no, not in the ‘crashing and burning’ way. Institutional investors have jumped on Bitcoin ETFs like it’s a Black Friday sale. In the last 11 months, the number of institutional holders of Bitcoin ETFs has surged a jaw-dropping 54.5x. That’s not even a full year, and the numbers are […]
The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of ETFs SEC Chairman Jay Clayton talked about the commission’s approach to regulating crypto products during a panel discussion hosted by the Chamber of Digital Commerce earlier this month. The event, entitled “Two Sides of the American Coin: Innovation & Regulation of Digital Assets,” also....
The Depository Trust & Clearing Corporation (DTCC) has officially listed nine XRP ETFs, signaling that institutional appetite for Ripple’s native token is accelerating. The listings include both futures-based and spot-based products, suggesting that the first U.S. spot XRP ETFs may debut this month despite ongoing regulatory delays. Related Reading: Market Maker Balancer Compromised: Key Facts […]
In the dynamic financial sector, Bitcoin ETFs are rapidly gaining ground against their gold counterparts, with inflows pushing total assets under management toward record highs. Bitcoin ETFs are set to overtake gold ETFs in total assets under management. Bitcoin ETFs Cement Role As Institutional Gateway To Crypto Bitcoin Exchange-Traded Funds (ETFs) are on the brink […]