Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.” Go to Source
Bitcoin ETF
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Monochrome confident as it files for Australia’s first ETF to hold Ether directly
Monochrome’s CEO says the firm’s Bitcoin ETF has seen growth off the back of its in-kind subscription mechanism and hopes an Ether ETF could see similar inflows. Go to Source
US regulator again delays decision on eco-friendly Bitcoin ETF
The carbon-offset Bitcoin ETF has been waiting on regulators since December 2023. Go to Source
Crypto dominates biggest 2024 ETF launches: The ETF Store
Crypto exchange-traded funds make up 13 of the top 25 fund launches, the investment adviser said. Go to Source
24X Exchange files amended application that could bring 24/7 trading to crypto ETFs
It would be the first time crypto ETF shares that could be traded after-hours in the US. Go to Source
Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million
A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction of crypto exchange-traded funds (ETFs) and a BTC rally surpassing $70,000. … Read more
Nasdaq wants to launch a Bitcoin index options, seeks SEC approval
Options would allow institutional investors to hedge risks and traders to amplify their buying power. Go to Source
Semler Scientific Acquires More Bitcoin, Citing Institutional Adoption Growth
Semler Scientific has purchased 83 more bitcoins for $5 million, bringing its total holdings to 1,012 BTC. The company expressed optimism about the increasing institutional adoption of bitcoin, emphasizing: “We believe this increasing institutionalization will drive value for both bitcoin prices and for our stockholders.” Semler Scientific Expands Bitcoin Holdings Amid Growing Institutional Interest Semler … Read more
Bitcoin poised for breakout as US money market funds reach $6.2 trillion
Bitcoin could be on track to a September breakout to new record highs, but it faces significant resistance around $65,000. Go to Source
Crypto investment products see largest inflows in 5 weeks
The Bitcoin price increased 8% amid BTC investment products seeing $543 million in inflows last week. Go to Source
