Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds
Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week. Go to Source
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BlackRock’s IBIT investors throw $329M into ETF as Bitcoin dips 3%
BlackRock’s Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21. Go to Source
European investors pour record $105B into US Bitcoin ETFs
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July. Go to Source
Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in Review
Vice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy. Financial author Robert Kiyosaki warns of an impending market crash, urging investments in gold, silver, and bitcoin for safety. Economist Peter Schiff calls for higher interest rates, even at the risk of triggering a recession. Meanwhile, bitcoin ETFs … Read more
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced inflows. Blackrock’s … Read more
Bitcoin traders back in profit even as price slows alongside spot BTC ETF inflows
Despite this week’s Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish. Go to Source
Bitcoin price soars above $66K as crypto market momentum ramps up
Bitcoin price surged to a new 1-month high near $67,000 as a variety of bullish factors converged to push cryptocurrencies higher. Go to Source
Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode
Bitcoin price displayed surprising strength after various market participants absorbed over 48,000 BTC that the German government sold. Go to Source
Bitcoin traders forecast ‘splendid’ bullish price action now that BTC is above $65K
Multiple Bitcoin price metrics point to an incredibly bullish “post-halving growth trajectory.” Go to Source
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital gold” and a hedge against economic instability. “I believe bitcoin is legitimate,” he emphasized, adding: “I do believe there’s a real … Read more
