Fidelity’s spot Bitcoin ETF reaches $1b inflows
Fidelity’s Wise Origin Bitcoin Fund became the second spot Bitcoin ETF to surpass $1 billion in inflows, achieving this feat just five days into trading. Following closely on the heels …
Fidelity
Fidelity Bitcoin Spot ETF Records $1 Billion In Net Inflows
Data from the trading analytics platform BitMEX Research reveals that Fidelity’s Bitcoin spot ETF – FBTC – has now witnessed a total inflow of over $1 billion. This development comes …
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch
Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that the current trends in Bitcoin’s price suggest a short-term positioning adjustment rather than a long-term trend reversal in …
Kevin O’Leary Says Spot ETFs Add No Value for Bitcoin Purists Who Just HODL
Kevin O’Leary’s Skeptical Stance on Bitcoin ETFs Kevin O’Leary criticizes the high fees associated with spot Bitcoin ETFs, questioning their value for long-term Bitcoin investors. He forecasts that only a …
Shark Tank’s Kevin O’Leary isn’t interested in Bitcoin ETFs
Kevin O’Leary, renowned investor and star of the TV show “Shark Tank,” has doubts about Bitcoin (BTC) exchange-traded fund (ETF) investments. While spot Bitcoin ETFs are viewed as a milestone …
US bitcoin ETF trades soar to US$4.6 billion on first day after landmark SEC approval
Grayscale, BlackRock and Fidelity dominated trading volumes, the LSEG data showed. “Trading volumes have been relatively strong for new ETF products,” said Todd Rosenbluth, strategist at VettaFi. “But this is …
XRP ETF Is Trending On X, Here’s Why
As anticipation builds around the potential approval of the first spot Bitcoin ETFs in the US by the Securities and Exchange Commission, the keyword “XRP ETF” is currently trending on …
Fidelity Officially Files for Registration of Securities for Spot Bitcoin ETF
Fidelity’s Strategic Move in the Crypto ETF Arena Marking a significant stride in cryptocurrency adoption, Fidelity files for the registration of securities with the SEC for its much-anticipated spot Bitcoin …
Fidelity massively writes down their investment in “X”
Since Elon “Pedo Guy” Musk purchased Twitter for the $44 billion joke price he made up, Fidelity has written down 71.5% of their investment in the company. Changing the name …
Bitcoin At $45,000 Is Mispriced, Will Race For ETF Fees Push Prices To Record Highs?
Most analysts are optimistic that the impending launch of spot Bitcoin exchange-traded funds (ETFs) in the U.S. could propel the coin to new heights, way above the $69,000 mark registered …