#FTX's $1 Billion sale and #GBTC's high fees contribute to #Bitcoin's dip despite record #ETF inflows. #CryptoNews
Blockstream CEO Adam Back foresees ETF inflows having a 30X larger impact than Bitcoin's halving event.
https://coinpedia.org/news/bitcoins-etf-boom-30x-more-impact-than-halving/
Blockstream CEO Adam Back foresees ETF inflows having a 30X larger impact than Bitcoin's halving event.
https://coinpedia.org/news/bitcoins-etf-boom-30x-more-impact-than-halving/
CoinPedia
Bitcoin’s ETF Boom: 30x More Impact Than Halving
Bitcoin is dipping in the face of record ETF inflows? All because FTX is back from the dead and sold over $1 Billion since GBTC was uplisted. And GBTC
Top #CryptoNews This Week
1️⃣ In January, the US unadjusted #CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.
2️⃣ On Feb 15th, #Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.
3️⃣ #Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.
4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor #Bitcoin creator.
5️⃣ #MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.
6️⃣ Franklin Templeton applied to SEC for a spot #Ether #ETF, joining firms like #BlackRock and #Fidelity.
7️⃣ Court approved #Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.
8️⃣ Seattle Federal Court postpones Binance founder #CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
1️⃣ In January, the US unadjusted #CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.
2️⃣ On Feb 15th, #Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.
3️⃣ #Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.
4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor #Bitcoin creator.
5️⃣ #MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.
6️⃣ Franklin Templeton applied to SEC for a spot #Ether #ETF, joining firms like #BlackRock and #Fidelity.
7️⃣ Court approved #Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.
8️⃣ Seattle Federal Court postpones Binance founder #CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
#Grayscale CEO urges SEC for #GBTC options, essential for #investors amid #Bitcoin's price rally. #cryptonews
Regulatory complexities challenge options approval despite Bitcoin's surging interest and Grayscale's advocacy efforts.
https://coinpedia.org/news/grayscale-seeks-sec-nod-for-bitcoin-etf-options-as-crypto-prices-rally/
Regulatory complexities challenge options approval despite Bitcoin's surging interest and Grayscale's advocacy efforts.
https://coinpedia.org/news/grayscale-seeks-sec-nod-for-bitcoin-etf-options-as-crypto-prices-rally/
CoinPedia
Grayscale Pushes SEC for Options Approval on Bitcoin ETF
In a bold move, Grayscale Investments, a major crypto asset manager, is urging the U.S. Securities and Exchange Commission (SEC) to approve options
#Bitcoin Spot #ETF Outflows on August 28
🔵Total Outflow: $105 million from Bitcoin spot ETFs.
🔵#GBTC: $7.98 million outflow.
🔵$BTC Mini ETF: $8.77 million outflow.
🔵#ARKB: $59.27 million outflow.
Source : https://farside.co.uk/btc/
🔵Total Outflow: $105 million from Bitcoin spot ETFs.
🔵#GBTC: $7.98 million outflow.
🔵$BTC Mini ETF: $8.77 million outflow.
🔵#ARKB: $59.27 million outflow.
Source : https://farside.co.uk/btc/
🚨$211M Outflows Extend U.S. Bitcoin ETFs' Negative Streak🚨
💠On September 5, #Bitcoin spot #ETFs saw a net outflow of $211 million, marking seven consecutive days of negative flows.
💠Grayscale's #GBTC had $23.2 million, Fidelity's #FBTC $149 million, and Bitwise's #BITB $30 million.
💠Total net asset - $50.7 billion.
#CoinPedia #Crypto #BitcoinETF #cryptomarket
💠On September 5, #Bitcoin spot #ETFs saw a net outflow of $211 million, marking seven consecutive days of negative flows.
💠Grayscale's #GBTC had $23.2 million, Fidelity's #FBTC $149 million, and Bitwise's #BITB $30 million.
💠Total net asset - $50.7 billion.
#CoinPedia #Crypto #BitcoinETF #cryptomarket