Bitcoin ETFs haven’t exploded yet
When can we actually “test” Bitcoin spot ETF buyers? The average purchase price is approximately $57,000. Only then will we know how "strong" these buyers are?
JinseFinanceWhen can we actually “test” Bitcoin spot ETF buyers? The average purchase price is approximately $57,000. Only then will we know how "strong" these buyers are?
JinseFinanceAfter Bitcoin broke through its all-time high, the single-day capital inflow scale of Bitcoin ETF also reached a new high, exceeding US$1 billion for the first time.
JinseFinanceGold ETFs witness significant outflows, while Bitcoin ETFs attract billions in inflows, reflecting a shift in investor sentiment favoring Bitcoin over gold amid market dynamics and speculation.
Xu LinGoogle now allows ads for U.S. spot cryptocurrency ETFs, marking a significant shift in its advertising policy and reflecting growing acceptance of digital assets.
MiyukiIt would be a misunderstanding of Bitcoin’s history to think that it was the idealism of cypherpunkism that spawned the Bitcoin movement.
JinseFinanceMost Bitcoin ETF issuers choose Coinbase as their custodian, which is a concentration of risk. Even if this is the most secure option, new cybersecurity standards will be needed to make cryptocurrency custody truly secure.
JinseFinanceIf the ETF is approved, only time will tell whether $1 billion to $2.4 billion will flow into the ETF as expected.
JinseFinanceThe anticipation around the potential approval of a Bitcoin spot exchange-traded fund (ETF) in the United States has stirred excitement among crypto enthusiasts and traditional investors. As prominent applicants like BlackRock and Fidelity await potential approval, the financial community eagerly watches this development unfold.
Huang BoApplications for Bitcoin spot ETFs in the US market have entered a peak period, and the Bitcoin halving is expected to be around the end of April 2024. Therefore, whether the spot EFT is approved this time has become the focus of the industry.
JinseFinanceHong Kong, embracing a crypto-friendly stance, may pioneer in launching Bitcoin spot ETFs in Asia, influenced by the U.S. and backed by a robust regulatory framework.
Alex