Institutions had ‘diamond hands’ during bitcoin’s 50% plunge, Bitwise’s Matt Hougan says
“The wildest thing about my $1 million prediction is that it’s not wild at all,” said the digital asset fund manager’s CIO. Institutional investors may…
Tag: etf
Bitcoin faces 3 headwinds as the cryptocurrency sits 28% below record high
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since June 2022. As prices hover around $91,000 per token, or…
Bitcoin Rebounds Toward $110K, Presaging What Could Be a Volatile July
Lifting crypto sentiment today could be what’s being touted as a strong debut for a Solana staking ETF. Bitcoin BTC$109,601.05 is bouncing hard towards $110,000 on…
Crypto Daybook Americas: Bitcoin Dips, but ETF Inflows, Fed Week Keep Bulls Interested
The outlook for bitcoin (BTC) looks bullish even after the largest cryptocurrency pulled back to $95,000 from Friday’s highs above $98,000 and the total crypto…
Spot Bitcoin ETF Options Could Start Trading as Early as Tomorrow
The availability of options is thought to possibly bring further institutional interest to the bitcoin ETFs. Options trading on spot bitcoin exchange-traded funds (ETFs) —…
Frenzy Alert: JPMorgan’s Bitcoin Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars
A speculative frenzy seems to have gripped the market, which could lead to a sudden sentiment shift and two-way price turbulence. Bitcoin (BTC) and everything else tied…
U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
In a year of mostly bad news on inflation, the government’s Wednesday report gave some hope that Fed rate cuts might still be on the…
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
The state’s investment board bought 94,562 shares of BlackRock’s iShares Bitcoin Trust in the first quarter of the year. The U.S. state of Wisconsin purchased…
BlackRock Bitcoin ETF sees first outflow day amid record ETF bleed
BlackRock’s ETF saw around $37 million in outflows for the first time, while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.…
Bitcoin Tops $60K for First Time Since November 2021
The rally continued Wednesday as the spot ETFs continued to see massive inflows of fresh money. The price of bitcoin (BTC) rose above $60,000 during morning U.S.…