Spot Bitcoin ETFs See Straight 9 Days of Inflows
Spot bitcoin ETFs record $107.91M in inflows for a 9th straight day, the longest run since mid-March, as demand for the successful new products continues.
Spot bitcoin ETFs record $107.91M in inflows for a 9th straight day, the longest run since mid-March, as demand for the successful new products continues.
The decision follows the SEC’s approval of spot Bitcoin ETFs in January.
Hours after the third largest bank in America reveals its Bitcoin ETF holdings, the country’s largest bank follows.
Major bank Morgan Stanley may soon allow its 15,000 brokers to recommend Bitcoin ETFs to clients. The move could boost inflows and send a legitimizing signal to other financial institutions.
Hong Kong has reportedly approved its first batch of spot bitcoin ETFs, with multiple issuers announcing they received permission to launch the Bitcoin funds.
U.S. spot bitcoin ETFs have topped $200 billion in cumulative trading volume just three months after launching, led by major providers like BlackRock.
Hong Kong will reportedly approve Asia’s first spot bitcoin ETFs this month, cementing its Bitcoin-friendly stance and status as a rising finance hub.
The banks are providing access to Bitcoin ETFs to select wealth management clients with brokerage accounts upon request.
Less than a week after launch, Bitcoin ETFs surpass silver ETFs in assets under management.
Spot Bitcoin ETF approval looks like it will happen on Wednesday, CNBC reported.
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