Breaking News: SPOT BITCOIN ETF – Market Insights, Analysis & Latest Updates

Could there be a Dogecoin ETF in 2025? 'Today's satire is tomorrow's ETF' says expert

President-elect Donald Trump has championed himself as a pro-crypto leader, hoping to make America the “bitcoin capital of the world.” Dogecoin is the world’s sixth-largest cryptocurrency with a market cap near $60 billion.

theblock.co • 29/11/2024 - 15:31 PM

Spot bitcoin ETFs end positive streak with $438 million outflows; BTC dips to $94,500

U.S. spot bitcoin ETFs reported a total daily outflow of $438 million on Monday. Monday’s net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs. Meanwhile, bitcoin has retraced some of its gains over the past few days, now trading at around $94,500.

theblock.co • 26/11/2024 - 06:34 AM

Bitcoin ETFs lead $3.1 billion weekly inflow record into crypto investment products: CoinShares

Crypto investment products registered a record $3.13 billion worth of net inflows globally last week, led by the U.S. spot Bitcoin ETFs, according to CoinShares. The funds’ year-to-date net inflows have also reached a record $37 billion, while assets under management hit a new peak of $153 billion.

theblock.co • 25/11/2024 - 11:53 AM

Will there be a Solana ETF by the end of 2025?

Cboe BZX filed four applications for spot Solana ETFs earlier this week. The approval path for additional spot crypto ETFs should become clearer with a pro-crypto White House administration.

theblock.co • 23/11/2024 - 17:57 PM

The Daily: Solana hits new all-time high, XRP surges after Gensler announces SEC departure and more

Solana surged 11% on Thursday to reach a new all-time high above $263 by the end of the day amid a broader market rally fueled by Donald Trump’s election victory, sparking optimism about a more crypto-friendly U.S. administration. XRP has had one of the strongest crypto rallies over the past 24 hours, surging 32% to around $1.47 — reaching its highest price since May 2021. Ethereum futures open interest jumped 12% to a fresh high of $20.8 billion on Friday, signaling short-term bullish momentum in the derivatives market, according to analysts at CryptoQuant. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 22/11/2024 - 18:46 PM

Cboe announces December debut of spot bitcoin ETF index options

Cboe Global Markets will launch the first cash-settled index options tied to spot bitcoin ETFs on December 2.

theblock.co • 22/11/2024 - 17:59 PM

US spot bitcoin ETFs top $30 billion in cumulative inflows as BTC nears $100,000

The cumulative net inflow total of spot bitcoin ETFs crossed the $30 billion mark for the first time. The funds raked in over $1 billion in a single day today for the third time. Bitcoin is now trading above $99,300.

theblock.co • 22/11/2024 - 07:43 AM

The Daily: Gary Gensler to leave SEC on Jan. 20, regulator now 'engaging' on spot Solana ETFs and more

SEC Chair Gary Gensler will step down on Jan. 20, 2025, coinciding with the start of President-elect Donald Trump’s term, according to a statement released by the agency on Thursday. The SEC is now “engaging” with applicants on spot Solana ETFs, Fox News reporter Eleanor Terrett first reported, citing two people familiar with the matter, and confirmed by The Block with a source at one issuer. U.S. spot Bitcoin ETFs surpassed $100 billion in combined assets under management on Wednesday — representing around 5% of bitcoin’s total market cap — driven by the cryptocurrency’s ongoing price rally. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 21/11/2024 - 19:06 PM

US spot bitcoin ETFs surpass $100 billion in assets amid bitcoin's record rally

The total net asset value of the 12 spot bitcoin ETFs in the U.S. reached $100.55 billion on Wednesday. Bitcoin has repeatedly hit all-time highs over the past few weeks — currently trading at around $97,094.

theblock.co • 21/11/2024 - 09:12 AM

The Daily: FTX co-founder Gary Wang avoids prison time, BlackRock's Bitcoin ETF sees unprecedented first-day options trading and more

FTX co-founder Gary Wang avoided prison time at a sentencing hearing on Wednesday, according to Inner City Press and Reuters. BlackRock’s IBIT spot Bitcoin ETF achieved nearly $1.9 billion in notional exposure during its first day of options trading on Tuesday. Bernstein analysts named Robinhood the top “crypto deregulation trade,” following Donald Trump’s election win this month, raising their HOOD share price target to $51 — around 45% upside potential. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 20/11/2024 - 18:54 PM

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