Election 2024 coverage presented by
Last updated 3 mins ago
Election 2024 coverage presented by
Last updated 3 mins ago
The recent plunge in the price of bitcoin (BTC) was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, ...
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Lifetime net inflows into the U.S.-based spot bitcoin exchange-traded funds topped $16 billion on Monday as investors of late have shown themselves to be buyers in both up and down markets.
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The idea that the rapid growth in assets for the spot bitcoin ETFs was a result of the herd chasing "number go up" price action received a setback in June.
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Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed.
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More big names have revealed allocations into the spot bitcoin exchange-traded funds.
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