Fidelity exec says most investors should have some Bitcoin allocation
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis. Go to Source
Bitcoin ETF
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Crypto fund inflows hit $2B in May led by BTC — CoinShares
Weekly inflows into crypto funds totaled $185 million for the last week in May, with monthly investment fund inflows reaching $2 billion. Go to Source
Australia gets first spot ETF that holds Bitcoin directly
Australia is set to join Hong Kong, Canada and the U.S. in offering investors an ETF that invests in and directly holds Bitcoin. Go to Source
Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this time. Despite this, Ark remains committed to … Read more
3 signs that Ethereum price will finally break $4K in June
Anticipation of potential Ether ETF approvals in June is pivotal in driving ETH’s price above $4,000, with whales accumulating and rising holding sentiment furthering the bullish outlook. Go to Source
TradFi execs say crypto derivatives will play larger role in Bitcoin’s future
Experts say BTC and ETH derivatives will be instrumental in integrating crypto to TradFi and sending each to new all-time highs. Go to Source
3 solid Bitcoin indicators predicting BTC price rise to $75K in June
A breakout from Bitcoin’s symmetrical triangle pattern is imminent as long-term holders continue to accumulate. Go to Source
BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again. Go to Source
Spot Ether ETFs approved, but Gary Gensler didn’t vote for them — Here’s why
Unlike the spot Bitcoin ETFs, which were approved via voting by a five-member committee, including SEC chief Gary Gensler, spot Ether ETFs were approved by the Trading and Markets Division of the SEC. Go to Source
4 reasons why Bitcoin was a buy below $70K
Technical chart patterns suggest that Bitcoin could see more upside momentum in the following weeks, mirroring previous bull cycles. Go to Source
