Last year, crypto-related products saw an impressive $44.2 billion in inflows, nearly four times the record of $10.5 billion from 2021. This surge is largely due to the launch of US spot-based exchange-traded funds (ETFs), which attracted significant global investment, particularly in Bitcoin, drawing $38 billion. Major ETFs like BlackRock’s IBIT and Fidelity’s FBTC led ...
Bitcoin is gaining traction, prompting me to explore it myself. I consulted financial experts to create a smart investment strategy. Despite its notorious volatility, I chose to allocate 1% of my portfolio to Bitcoin. My usual investing approach is straightforward, mainly involving index funds and a “buy-and-hold” strategy. Recent trends, including institutional interest and soaring ...
In 2024, Bitcoin achieved remarkable milestones, breaking its previous record of $69,000 and soaring to $100,000. Key factors drove this surge, notably the election of Donald Trump, who advocated for cryptocurrency and proposed a national Bitcoin reserve. Additionally, the launch of Bitcoin exchange-traded funds (ETFs) in the U.S. attracted substantial institutional investment, with net inflows ...
In 2024, the focus in the cryptocurrency world has shifted significantly towards institutional adoption. With the U.S. approving spot bitcoin exchange-traded funds (ETFs), along with many companies adding bitcoin to their financial reserves, the conversation around crypto is more prevalent than ever. Bitcoin has surged nearly 130% this year and is close to the $100,000 ...
In 2024, the main focus in cryptocurrency is on institutional adoption. Notably, the U.S. has approved spot bitcoin exchange-traded funds (ETFs), leading to significant investments, with net inflows reaching $36 billion and over 1 million BTC acquired. Bitcoin’s price has surged almost 130% this year, nearing the $100,000 mark. More companies, like KULR Technology, are ...
Bitcoin exchange-traded funds (ETFs) have experienced significant outflows, totaling $1.5 billion over just four days, coinciding with a decline in Bitcoin’s price to around $96,000, down 11% from its recent high of $108,268. This shift in investments reflects caution among investors, especially as Bitcoin sees its first weekly decrease since the election of Donald Trump. ...
Cathie Wood, a leading figure in growth investing, remains bullish on Bitcoin, projecting its price could reach between $1 million and $1.5 million by 2030. In a recent Bloomberg TV interview, she emphasized the increasing likelihood of these targets being met, noting that institutional investors are beginning to recognize Bitcoin’s value, especially with new developments ...
Israel is launching six Bitcoin-linked mutual funds on December 31, highlighting a growing confidence in cryptocurrency investments. Approved by the Israel Securities Authority, these funds will start with single daily transactions, with potential plans for continuous trading in the future. This move aligns with global trends as Bitcoin exchange-traded funds (ETFs) gain popularity, particularly in ...
Bitcoin exchange-traded funds (ETFs) are experiencing a significant downturn, with over $1.5 billion withdrawn in recent days, including $338.4 million on Christmas Eve alone. BlackRock’s iShares Bitcoin ETF faced the biggest loss, with $188.7 million pulled out. In contrast, Ethereum ETFs are gaining momentum, attracting $53.5 million in net inflows recently, led by BlackRock’s Ethereum ...
Recent data shows a significant downturn in Bitcoin exchange-traded funds (ETFs), with over $1.5 billion withdrawn in just four days leading up to Christmas. BlackRock’s iShares Bitcoin ETF saw the largest single-day outflow of $188.7 million, while Ethereum ETFs experienced the opposite trend, attracting $53.5 million in net inflows. BlackRock’s Ethereum fund drove the interest, ...
