BTC ETF

The US Bitcoin ETFs see over $106 million outflow

August 29, 2024 1 min read

Bitcoin ETFs experienced outflows totaling $105.3 million, with six out of 11 ETF issuers losing $59.3 million. Fidelity’s FBTC saw a $10.4 million outflow, while Bitwise’s BITB and VanEck’s HODL lost $8.7 million and $10.1 million, respectively. Grayscale’s products also experienced outflows, with $8.0 million and $8.8 million withdrawn from GBTC and BTC, respectively. BlackRock’s IBIT did not register any outflows. The total net inflow for Bitcoin ETFs remains positive

Australia’s ASX approves DIGITALX’s second Bitcoin ETF, set to list on July 12

July 10, 2024 1 min read

Sydney-based asset manager DIGITALX has been approved by the Australian Securities Exchange (ASX) to launch a Bitcoin ETF, marking the second Bitcoin ETF approved by the country’s premier stock market. The DigitalX Bitcoin ETF, with the ticker BTXX, will be listed on July 12. The ETF, partnered with K2 Asset Management and 3iQ, aims to attract new market participants and help institutional investors incorporate Bitcoin and digital assets into their

Hong Kong may soon approve major bitcoin and ether ETFs, reports suggest

April 13, 2024 1 min read

Hong Kong is poised to approve spot Bitcoin and Ether exchange-traded funds (ETFs) as soon as next week, with HashKey anticipated to be among the initial recipients of approval. The company recently enhanced its license with the Securities and Futures Commission (SFC), granting it the authority to oversee digital asset products for retail investors. HashKey has formed a partnership with Bosera International to promote the development and expansion of specific

BlackRock Denies Launching XRP ETF Amid Speculations

January 22, 2024 1 min read

Recent rumors about BlackRock’s plans to launch an XRP ETF have been debunked, with confirmation that the world’s largest asset manager has no plans to introduce a spot XRP exchange-traded fund. Larry Fink, BlackRock’s CEO, made comments that sparked speculation, prompting the clarification. BlackRock recently entered the cryptocurrency space, launching the iShares Bitcoin Trust, a spot Bitcoin ETF. The company has also filed for a spot Ether ETF called iShares