“Net spot ETF inflows, which are a barometer of institutional interest in bitcoin, have ramped up,” eToro Group Ltd.’s Simon Peters wrote. “With gold at record highs, could investors also be seeing bitcoin, dubbed as ‘digital-gold’ due to its similar scarcity characteristics, as a potential safe haven or alternative asset to invest in if economic…

On a day when some of the biggest names in crypto ETFs – Fidelity, ARK and Grayscale – showed red outflows, BlackRock made a move that may turn heads across the market – a $970 million increase in its Bitcoin holdings. Data from Lookonchain confirms that Fidelity Wise Origin, ARK 21Shares and Grayscale’s flagship Bitcoin ETF…

Big investors are focusing mostly on Bitcoin. Uncertainty is driving the interest. Altcoins continue to get faded. Institutions only care about Bitcoin right now. At least that’s according to Samara Cohen, BlackRock’s CIO of ETF and Index Investments. “Institutional investors are really largely focused on Bitcoin,” Cohen said on the Blockworks Empire podcast on Monday.…

Virtus Investment Partners plans to launch new ETF that will invest in both public and private credit markets, according to a recent filing with the Securities and Exchange Commission (SEC). The proposed Virtus IG Public & Private Credit ETF (IGY) is set to launch later this summer. IGY, which does not yet list a management…

Bitcoin is initiating a promising recovery: find our complete analysis and the current technical outlook for BTC. In Brief BTC/USD Technical Analysis: Bitcoin consolidates below a key resistance following a strong rebound (+10%), with increased volumes and a confirmed bullish trend across all time frames. Derivatives Analysis (BTC/USDT): speculative activity is picking up, with a…

Bitcoin appears to be on the verge of a significant price movement, with current momentum suggesting a potential return to the highly anticipated $100,000 level. Bitcoin continues to show signs of strength following last week’s significant gains, with current price action stabilizing near the $94,000 level. After briefly dipping below key support at $94,000 and…

Nearly $1 billion worth of Bitcoin were sold by miners after its price spike.  The recent Bitcoin halving cut the miners’ rewards by 50%. Experts are saying that Bitcoin’s price may get influenced by heavy miner selling. Shortly after Bitcoin’s price jumped significantly, a lot of Bitcoin was sold by miners for close to $1…

Far be it from me to engage in a little schadenfreude… Actually, no. I really enjoy telling you about this one, as someone who needed a new graphics card at the tail end of the pandemic. Reports indicate that mining for Bitcoins (i.e., trying to turn electricity and math into money) is no longer profitable.…

Shares of Cantor Equity Partners Inc CEP have surged 139% to $31.36 over the past week following the announcement of a merger with Bitcoin-focused startup Twenty One. What To Know: The merger, which values the combined entity at $3.6 billion, would make it the third-largest public holder of Bitcoin BTC/USD, behind only Strategy and Tether.…

US spot Bitcoin ETFs attracted $591.3 million in net inflows on Monday, extending last week’s momentum that saw over $3.3 billion in total inflows. BlackRock’s iShares Bitcoin Trust (IBIT) dominated with $970.9 million in purchases, marking its second-largest daily inflow since launching in January. “Nearly $1bil into iShares Bitcoin ETF today… 2nd largest inflow since…