Bitcoin is currently trading at a 40% discount, with over 36,000 coins recently withdrawn from major exchanges like Coinbase and Binance. Notably, analysts predict that Bitcoin could surge past $100,000 in April 2025, based on past price patterns. Recent data shows a significant increase in Bitcoin ETF inflows, suggesting strong institutional demand. Despite bullish trends, ...
Spot Bitcoin exchange-traded funds (ETFs) in the U.S. have seen a significant surge, with over $3 billion in inflows this past week, marking the first consecutive inflow week in five weeks. April is shaping up positively, with total net inflows for the month reaching approximately $2.26 billion. Notably, BlackRock’s iShare Bitcoin ETF was recently named ...
Bitcoin is demonstrating notable resilience compared to traditional financial markets during times of economic uncertainty, although experts caution that it’s too early to confirm if this trend will continue. Analysts from Bitfinex suggest that if Bitcoin remains strong through upcoming economic reports and Market fluctuations, it may shift from a temporary divergence from stocks to ...
Bitcoin spot exchange-traded funds (ETFs) have faced significant outflows amounting to $595 million between March 28 and April 8, despite Bitcoin’s surge to $82,000 on April 9. The ongoing global trade war and fears of an economic recession are leading investors to favor safer assets, causing continuous withdrawals even after some tariffs were lifted. Market ...
In a time of global uncertainty and falling cryptocurrency prices, Bitcoin stands out as a potential long-term investment. Despite experiencing major downturns in the past, Bitcoin has consistently rebounded, often reaching new all-time highs after significant drops. Historical data shows that, over 12 years, Bitcoin was the best-performing asset in nine of those years, highlighting ...
Grayscale has recently launched two Bitcoin options-based ETFs: the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). This announcement comes as the cryptocurrency Market sees a slight dip in valuation, currently at $2.82 trillion, with a 1.2% decline in the last day. The Market is influenced by increased Bitcoin ...
Grayscale, a major player in crypto asset management, has launched two new exchange-traded funds (ETFs): the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). The BTCC aims to generate income while participating in Bitcoin’s price movements through a strategy of writing covered calls close to Market prices. This approach ...
On Thursday, the cryptocurrency Market saw a remarkable increase, adding $14 billion to reach a Market cap of $2.83 trillion. Bitcoin gained 4%, peaking at $88,000 and remained steady above $85,000, as a shift of funds from U.S. stocks pointed traders towards crypto due to trade policy concerns. Bitcoin ETFs also reported impressive inflows of ...
The recent stock Market correction has impacted both stock and cryptocurrency investors, with Bitcoin being a significant focus. Historically, Bitcoin was not closely linked to stock Market movements, but now it shows a strong correlation, currently down 10% this year. Investor sentiment has shifted from euphoria to fear, affecting Bitcoin ETFs, as many investors are ...
Spot Bitcoin exchange-traded funds (ETFs) in the US have ended a five-week streak of net outflows, recording a significant net inflow of $744.4 million for the week ending March 21. This surge, the largest in eight weeks, was driven primarily by BlackRock’s iShares Bitcoin Trust, which saw an inflow of $537.5 million. On the other ...
