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Bitcoin Spot ETFs Take In $79M On Thursday: Why Are They Suddenly On A Roll?
Friday, July 12, 2024 - 8:45am | 629Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) experienced net inflows of nearly $79 million on Thursday, extending their positive streak to five consecutive days. What Happened: According to The Block, BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) led the inflows with $72.09 million....
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Peter Schiff Warns Bitcoin Owners 'Waiting To Sell' — Says, Speculators 'Over-Estimated' Spot ETF Demand
Tuesday, October 24, 2023 - 8:55pm | 632What Happened: On Tuesday, influential investor Peter Schiff expressed his skepticism about the anticipated demand for a new Bitcoin ETF. He suggested that the number of Bitcoin (CRYPTO: BTC) speculators ready to sell far outpaces the would-be buyers waiting for the ETF. Schiff’s post on X,...
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BlackRock's Bitcoin ETF Dream Dashed By SEC: Crypto Market On Edge
Friday, June 30, 2023 - 12:32pm | 531The Securities and Exchange Commission (SEC) has deemed recent applications for spot bitcoin exchange-traded funds (ETFs) filed by asset managers as inadequate. Nasdaq and Cboe Global Markets, on behalf of asset managers like BlackRock (NYSE: BLK) and Fidelity Investments, received notification...