In January, US spot Bitcoin exchange-traded funds (ETFs) experienced nearly $5 billion in inflows, suggesting they could attract over $50 billion this year, according to Matt Hougan of Bitwise. He noted that January’s inflow of $4.94 billion indicates a potential annual total of around $59 billion. BlackRock’s iShares Bitcoin Trust ETF led the pack with ...
Bitcoin, created by Satoshi Nakamoto in 2009, recently celebrated its 16th anniversary. It has evolved from a revolutionary idea to a mainstream financial asset, with a remarkable journey marked by significant milestones. In 2024, Bitcoin hit an all-time high of $108,135, showcasing a 115% investment growth for those who entered at the year’s start. Mainstream ...
MicroStrategy’s stock has surged nearly 500% this year, making it a strong contender for inclusion in the Nasdaq 100 index, which will be reshuffled soon. The company, primarily known for its software, has shifted its focus to Bitcoin, holding approximately 400,000 bitcoins valued around $42 billion. This shift came as its software revenue declined, and ...
