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Search Results for: etfs

VanEck Slashes Spot Bitcoin ETF Fees, Joins Industry-wide Trend

Spot Bitcoin ETF issuers are still at battle over fees, and VanEck has quietly shifted gears by slashing fees. A 5 bps drop in the sponsor fee for VanEck’s spot Bitcoin ETF is detailed in a document the company made with the U.S SEC. Sponsor fees for VanEck’s Bitcoin ETF

February 16, 2024 1 min read

JPMorgan Upgrades Coinbase Rating from Underweight to Neutral

From “underweight,” JPMorgan’s rating for crypto exchange Coinbase was raised to “neutral” in a surprising move. The announcement of the full-year results is imminent, and the rating arrives at a critical juncture. The stock was raised from underweight to neutral by JPMorgan, which improved Coinbase’s rating. The investment bank has

February 15, 2024 1 min read

Bitcoin ETF Inflows Reach Record High: Will It Propel BTC $55K?

Bitcoin soared above $52,000, marking an unexpected high after two years with a 5% surge over the past 24 hours. This milestone has ignited jubilation within the cryptocurrency community, fueling anticipation and fervor for what lies ahead. Adding to it, there is a notable surge in net inflows into Bitcoin

February 15, 2024 2 mins read

IBIT Becomes First US Bitcoin ETF to Hold 100,000 BTC

IBIT, a Bitcoin exchange-traded fund (ETF) by BlackRock, has reached a historic milestone by holding 100,000 BTC under its management. It is the first Bitcoin ETF in the US to trade such a large amount of Bitcoin, indicating the growing institutional confidence in Bitcoin as an asset class. iShares Bitcoin

February 14, 2024 2 mins read

Gary Gensler Highlights Bitcoin’s Ransomware Market Share Dominance

The chairman of the U.S SEC, Gary Gensler, said in an interview with CNBC today that Bitcoin accounts for the majority of ransomware. The asset and the industry as a whole have Gensler’s persistent disdain. This is despite the fact that eleven Spot Bitcoin ETFs were approved by the SEC

February 14, 2024 2 mins read

Ethereum Breaks Above $2,700 as Bullish Sentiment Prevails

With a price increase that has surpassed $51,000, Bitcoin has reached its highest level since November 2021. Moreover, for the first time in more than two years, the market capitalization of Bitcoin has surpassed the sought-after $1 trillion barrier. At the same time, Ethereum has shown remarkable resilience by breaking

February 14, 2024 2 mins read

Why Is Bitcoin (BTC) Pumping?

Bitcoin, the leading cryptocurrency by market capitalization, has once again captivated investors, keeping them on the edge of their seats. After experiencing a rollercoaster ride throughout 2022 and 2023, as reminiscent of the bullish scenes in 2021, Bitcoin surged past the highly anticipated $50,000 mark yesterday, now surpassing $51,000. Currently,

February 14, 2024 2 mins read

Bitcoin (BTC) Futures Open Interest Surges to 26-Month High

Based on data compiled by CoinGlass, the notional open interest—the monetary value embedded in the quantity of open or active bitcoin (BTC) futures contracts—has reached its highest point in 26 months. At the time of writing, Bitcoin is trading at $51,499 as per data from CoinMarketCap, while open interest in

February 14, 2024 1 min read

First-Ever ICO on Bitcoin Blockchain Launches in Under 2 Hours

London, UK, February 14th, 2024, Chainwire Bitcoin Dogs will make history in less than two hours’ time as the world’s first ICO on the Bitcoin blockchain gets underway. $0DOG tokens are available to presale buyers for a price of $0.015, beginning at 11:00 AM GMT on the BitcoinDogs.club website. Prices

February 14, 2024 3 mins read

Crypto Fear and Greed Index Enters ‘Extreme Greed’ Zone Amid Bitcoin Rally

The Crypto Fear and Greed Index, a tool that measures the mood of cryptocurrency investors, has soared to its highest level since Bitcoin hit its all-time high of $69,000 in November 2021. The index tracks various indicators that affect the behavior of crypto traders and investors, such as Google Trends,

February 13, 2024 2 mins read