Nate Geraci, a Bitcoin ETF expert, has high hopes for the Nexo 7RCC fund, which uniquely blends spot Bitcoin investments with futures contracts on carbon credits. Designed to consist of 80% Bitcoin and 20% carbon credits linked to EU and California emission quotas, this fund aims to attract eco-conscious investors while riding the wave of ...
BlackRock, the world’s largest asset manager, has released a new advertisement promoting Bitcoin, but it’s sparked a backlash among Bitcoin advocates. The video, found on BlackRock’s iShares Bitcoin Trust ETF page, discusses Bitcoin’s value, highlighting its 21 million token supply. However, it includes a controversial disclaimer stating that there’s no guarantee this supply cap won’t ...
Recent activity in put options for BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, with more than 13,000 contracts for $30 out-of-the-money puts being traded. Despite this surge, experts suggest that this may not indicate a bearish outlook. Much of the trading volume reflects a strategy called “cash-secured put selling,” where traders aim to ...
The Grayscale Bitcoin Trust (GBTC) is facing significant challenges, experiencing massive outflows that far exceed those of other Bitcoin ETFs. While GBTC has lost over $21 billion since becoming a spot ETF in January 2024, BlackRock’s iShares Bitcoin Trust (IBIT) has surged ahead, attracting nearly $36 billion in inflows. This shift highlights a competitive landscape ...
The Grayscale Bitcoin Trust (GBTC) is facing significant outflows, losing over $21 billion since becoming a spot ETF in January 2024, making it the only U.S. Bitcoin ETF experiencing negative net inflows. In contrast, BlackRock’s iShares Bitcoin Trust (IBIT) has seen immense demand, capturing nearly $36 billion in inflows. Despite GBTC’s struggles, the overall Bitcoin ...
Recent trading activity in put options linked to BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, as over 13,000 contracts of the $30 out-of-the-money put option changed hands. This could suggest bearish sentiment, but experts believe that many Market participants are using a strategy called “cash-secured put selling.” Instead of betting against the ETF, ...
Bitcoin recently approached the significant $100,000 milestone, reaching a high of $99,645 on November 22. However, it has since faced some challenges, currently trading at $96,000 after a 2% drop over the past week. This fluctuation follows a period of heightened interest in spot Bitcoin ETFs, particularly in light of recent outflows on November 25 ...
Bitcoin has started December on a strong note, with prices around $96,000, following a remarkable 40% gain in November. As it approaches the six-digit milestone, excitement in the crypto community is palpable, especially with the influence of Donald Trump’s upcoming presidency, which many believe could usher in a golden era for digital assets. New regulations ...
XRP, the cryptocurrency created by Ripple, has been making headlines in the digital asset space due to its unique position and potential for growth. With a strong community, innovative technology, and a commitment to fostering growth and development, XRP continues to make strides in the ever-evolving cryptocurrency market. Market Performance and Trends XRP’s market capitalization ...
