Whales and big institutions continue to aggressively accumulate Bitcoin, with Strategy, co-founded by Michael Saylor, hinting at a significant Bitcoin investment announcement soon. After acquiring $555 million worth of Bitcoin recently, experts speculate that the next investment could be even larger, potentially ranging from $1.4 to $1.6 billion. This surge in whale investment has contributed ...
BlackRock’s iShares Bitcoin ETF (IBIT) has been recognized as the best new ETF by ETF.com, witnessing significant inflows of $643.2 million recently, the highest since January. The award was announced on April 23, alongside a notable mention for the Vanguard S&P 500 ETF, which won ETF of the Year. IBIT, which launched in January 2024, ...
BlackRock’s iShares Bitcoin ETF (IBIT) has been recognized as the “Best New ETF” at the annual etf.com awards. This comes as the fund experienced impressive inflows of $643.2 million, the highest since January 21. With net assets of approximately $53.77 billion, IBIT made a significant impact in the Market, marking a vibrant trading period. The ...
Bitcoin’s value increased after US President Donald Trump confirmed that he would not remove Federal Reserve Chair Jerome Powell, calming fears about the central bank’s independence. The cryptocurrency saw a rise of about 3% and was trading at approximately $93,804. Smaller tokens like Ether, XRP, and Solana also gained. Bitcoin recently surpassed $90,000 for the ...
On April 22, Bitcoin exchange-traded funds (ETFs) saw an unprecedented surge, with inflows reaching $912 million—over 500 times the 2025 daily average of just 23 BTC. This dramatic increase coincided with a rise in Bitcoin’s price, marking the highest level since early March. Analysts believe that ETFs have become significant players in determining Market activity, ...
US-based Bitcoin exchange-traded funds (ETFs) experienced their highest net inflows since January, totaling $381.3 million on April 21, driven by a significant contribution from the ARK 21Shares Bitcoin ETF. This surge in investment comes as Bitcoin prices rise, reaching a four-week high of over $88,500, despite recent volatility caused by geopolitical tensions, including trade threats ...
Bitcoin investors are celebrating a year since the 2024 halving, marking a significant moment as block rewards were reduced from 6.25 to 3.125 BTC. Despite worries about a global trade war, Bitcoin has surged over 33% since April 2024, showing strong resilience. Analysts suggest that increased institutional investment, including from companies like Strategy and Tether, ...
A leading analyst at VanEck, Matthew Sigel, believes Bitcoin could reach $180,000 by the second half of 2025. His prediction is based on an analysis of Bitcoin’s past Market cycles. However, he warns that Bitcoin must first navigate through a period of economic uncertainty. Despite this, Sigel has noticed a significant increase in interest from ...
Cathie Wood’s ARK Invest has taken a mixed approach following the U.S. announcement of new trade tariffs. The firm sold $12 million worth of its spot Bitcoin ETF while simultaneously purchasing $26.6 million in Coinbase stock. This buying spree included significant acquisitions on April 4 and April 7. Despite the Bitcoin ETF sale, ARK continues ...
Cathie Wood’s ARK Invest is taking a mixed approach to new U.S. trade tariffs. The firm has sold $12 million worth of its ARK 21Shares Bitcoin ETF while investing $26.6 million in Coinbase stock. This includes significant purchases of $13.2 million and $13.3 million just days apart following the tariff announcement on April 2. Despite ...
