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The Grayscale Ethereum Trust (GET) is making headlines once again as its discount narrows to -20%, a level not seen since November 2023. This development comes amidst growing uncertainty surrounding the potential approval of a spot Ethereum exchange-traded fund (ETF) in May. GRAYSCALE ETHEREUM TRUST DISCOUNT HITS -20% The discount on the Grayscale Ethereum Trust … Read more
Bitcoin surged to yet another all-time high, reaching $72,764, signaling a robust bull market. Notably, a significant influx of dormant coins is re-entering circulation, reinforcing the bullish sentiment. Despite the remarkable price performance, discussions surrounding Bitcoin remain relatively subdued, suggesting potential for further price gains. 🥳📈 #Bitcoin has hit another #AllTimeHigh of $72,764. Massive dormant … Read more
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. … Read more
Recent data highlights significant shifts in the distribution of Bitcoin across various sized on-chain wallets, coinciding with the increasing popularity of ETFs. According to insights from Santiment feeds, the past 30 days have seen notable changes: – There has been a 7.4% increase, equating to 147 more wallets, holding at least 1,000 BTC compared to … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, has surged past the $2250 mark, currently trading at $2266 with a 2% increase over the past 24 hours. This upward momentum comes despite recent reports indicating significant deposits by Celsius and FTX to centralized exchanges (CEXs). Spotonchain’s on-chain reports reveal that Celsius and FTX collectively transferred $59.06 … Read more
The cryptocurrency market has experienced notable declines, revealing a -7.5% drop in total market caps over the past week, according to data from Santiment. The recent approval of the first 11 Spot Bitcoin ETFs by the SEC on January 10 has led to a ‘buy the rumor, sell the news’ scenario, though it’s early to … Read more
Crypto exchange-traded products saw $326 million in inflows during the week ending Oct. 27, according to a report from CoinShares. Go to Source
A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia. Go to Source
Crypto doesn’t need BlackRock’s Bitcoin ETF. It undermines the basic tenets of cryptocurrency — from banking the unbanked to reducing global oppression. Go to Source
Want some worthless “paper” Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worthless as the U.S. dollar. Go to Source Powered by WPeMatico
