The rise of Bitcoin ETFs and future market implications
Cryptoslate 04 May 2024
Since Bitcoin launched in 2009, it has relied on crypto exchanges to establish and extend its market depth. The easier it became to trade Bitcoin worldwide, the easier it became for the BTC price to rise ... These are just some obstacles to Bitcoin’s path to legitimization and adoption. Bitcoin’s journey to mainstream finance ... This is a liquidity milestone and a new layer of credibility for Bitcoin ... Spot Bitcoin ETF flows, image credit.
This Firm Invests $75M In BlackRock, Fidelity, Bitwise, GBTC Bitcoin ETF: SEC Filing
CoinGape 04 May 2024
Hong Kong-based investment firms are buying big in spot Bitcoin exchange-traded funds (ETF) in the United States ... Securities and Exchange Commission have revealed numerous firms buy bitcoins worth millions in spot Bitcoin ETF, indicating institutional investors haven’t left the wave of Bitcoin ETF. Honk Kong Firm Scoops Over $75 Million in Spot Bitcoin ETFs ... It only invested $10.88 million in BlackRock Bitcoin ETF.