We Need In-Kind Redemptions For The Spot Bitcoin ETFs
Follow Frank on X. On a recent episode of the Coinage podcast, guest SEC Commissioner Hester Peirce said that she is open to reconsidering in-kind redemptions for spot bitcoin ETFs.…
SEC Approves Options Trading on BlackRock’s Spot Bitcoin ETF IBIT
The U.S. Securities and Exchange Commission (SEC) has just granted approval for the listing and trading of options on BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). The approved…
Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki
Monochrome Asset Management announced its Monochrome Bitcoin ETF (IBTC) will implement proof-of-reserves verification through a new partnership with Hoseki. This makes IBTC the first Australian spot Bitcoin ETF to adopt…
U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
U.S. spot Bitcoin ETFs witnessed a significant exodus of funds, with $287.8 million withdrawn across the listed ETFs yesterday, marking the largest single-day outflow since May 1, Farside Investors data reveals.…
Australian Spot Bitcoin ETF Keeps on Buying
Australia’s two spot Bitcoin ETFs—the VanEck Bitcoin ETF and Monochrome’s IBTC—have steadily accumulated Bitcoin holdings since launching earlier this year. The sustained inflows highlight growing Bitcoin demand in the region.…
US Bitcoin ETFs Saw the Sixth Consecutive Day of Inflows
US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional…
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a “promising indicator” for…
Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption
According to data from Bitcoin Magazine Pro, there are 1,012,650 Bitcoin addresses that contain 1 BTC or more. This represents more than 1 million BTC potentially taken off the market…
BlackRock’s Spot Bitcoin ETF Records $526 Million in Inflows
BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), saw a massive inflow of $526 million on Monday. This marked the largest single day of inflows for the…
BlackRock’s $20 Billion IBIT Becomes The World’s Largest Bitcoin ETF
BlackRock’s spot bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT), has overtaken Grayscale’s Bitcoin Trust (GBTC) as the world’s largest Bitcoin ETF. As of May 28, IBIT holds over $20…