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Hong Kong’s Bitcoin and Ethereum ETFs Experience Disappointing Launch Day as BTC Falls Below $61K
April 30, 2024Hong Kong recently introduced six new spot Bitcoin and Ethereum exchange-traded funds (ETFs), which saw trading volumes totaling HK$87.5 million ($11.2 million). This figure falls short of the impressive $4.6…
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Hong Kong Launches Bitcoin and Ethereum ETFs: Can They Outperform US ETFs?
Hong Kong has recently demonstrated its commitment to the crypto industry by introducing a range of spot Bitcoin and Ethereum ETFs on the Hong Kong Stock Exchange (HKEX) today. This…
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The Significance of Zero Flows in Spot Bitcoin ETFs
April 17, 2024Preliminary data from Farside Investors in the crypto industry revealed that four new spot Bitcoin ETFs experienced another day of zero flows on April 16. These ETFs included Bitwise (BITB),…
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First Bitcoin ETFs Set to Launch in Hong Kong on April 15
April 10, 2024Hong Kong’s Securities and Futures Commission (SFC) is slated to greenlight the first batch of Spot Bitcoin ETFs on April 15, with availability expected approximately two weeks post-approval, according to…
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$100 Billion Surge in Bitcoin ETFs and Investments in Cryptocurrency Noted
March 15, 2024The digital asset industry is buzzing with excitement following an announcement by CoinShares’ Head of Research, James Butterfill, revealing that total digital asset Exchange-Traded Products (ETPs) have surpassed the monumental…
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Global Bitcoin ETPs Near Historic Highs, US Spot ETFs Boosting Growth
February 26, 2024Market Analysis: Global Exchange Traded Products (ETPs) Approaching All-Time High in Bitcoin Holdings Recent data from ByteTree suggests that global Exchange Traded Products (ETPs) are on the verge of reaching…
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ETFs Pose Challenge to Bitcoin Halving’s Importance
February 23, 2024Every four years, Bitcoin undergoes a halving event where the mining rewards are halved. Initially starting at 50 BTC, the current reward is 6.25 BTC, set to be reduced further…
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Nine new spot bitcoin ETFs collectively gather more than 100,000 BTC
January 23, 2024The nine recently launched spot Bitcoin ETFs have collectively amassed over 100,000 BTC (equivalent to approximately $4 billion) in assets under management. These ETFs include offerings from BlackRock (IBIT), Fidelity…
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SEC Approval of ETFs Ends Speculation and Reduces Volatility, Stabilizing Crypto Prices: Fineqia
Bitcoin’s price stabilized last week, closing at around $41,600 with a marginal decline of 0.4% from the previous week’s closing value of approximately $41,750. This reduced volatility can be attributed…
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US Bitcoin ETFs now hold nearly 640,000 Bitcoins
January 22, 2024Crypto trader and analyst Ali Martinez, also known as @ali_charts on Twitter, has recently shared insights on the state of Bitcoin acquisition. Utilizing data from on-chain analytics aggregator Crypto Quant,…