Bitcoin ETF
Total Crypto Assets Under Management at Lowest Level Since February 2021
Crypto seeing net outflows of almost $40 million last week with total assets under management dipping to about $36 billion at the lowest level since February 2021. Purpose Bitcoin ETF seeing massive outflows of almost 25,000 BTC on Friday, equivalent to a 51% decline. BITO flipping ProShares to become the largest bitcoin ETF provider. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash
The Canadian Purpose Bitcoin ETF lost half of its assets last Friday likely because of a huge liquidation, an Arcane Research analyst said in a note.
First Short Bitcoin ETF to List on NYSE
The exchange-traded fund will allow investors to hedge their bitcoin exposure, which may prove particularly pertinent given the sharp downturn in crypto markets of late.
One River’s Carbon Neutral Bitcoin ETF Rejected by SEC
It's the latest in the agency's string of rejections of spot bitcoin ETF applications.
Ark 21Shares Backers Take Another Shot at Spot Bitcoin ETF Approval
The initial application for a spot bitcoin ETF was rejected in April.
Grayscale Had ‘Productive’ Meeting With SEC on Bitcoin ETF Conversion
The SEC to date has approved several futures-based bitcoin ETF products, but has delayed or outright rejected all spot bitcoin ETF applications.
First Mover Asia: Spot Bitcoin ETFs Are Launching in Australia but Elsewhere They Face Brutal Fund Outflows
Australia follows a lengthy list of spot bitcoin issuances in Europe and Canada, but these products come at a challenging time for crypto; bitcoin and ether drop.
Australian Crypto ETF Launch Delayed Due to Pressure From Unidentified Broker: Report
The race to list a crypto ETF in Australia has been dealt a setback hours before it was due to go live on CBOE Australia.
