Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval – Regulation Bitcoin News
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Bitcoin Tops $70K as Spot Bitcoin ETFs Draw New Investors
Bitcoin topped $70,000 for a time on Monday. At one point, it was $3,931 higher than its previous close and 82.3% higher than its 2024 low, which it reached on Jan. 23, Reuters reported Monday (May 20). The report attributed the rise in part to this year’s approval and launch of spot bitcoin exchange-traded funds (ETFs), which […]
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Standard Chartered Discusses SEC Approving Spot ETFs for Cryptos Beyond Bitcoin and Ether – Regulation Bitcoin News
Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as a security and that other coins similar to ether will also […]
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52% Of Top US Hedge Funds Own Bitcoin ETFs
52% Of Top US Hedge Funds Own Bitcoin ETFs 534 institutions with over $1 billion in assets now hold Bitcoin ETFs, according to bitcoin app River. In a blog post published this week, River noted that over 534 entities, each managing assets exceeding $1 billion, have now incorporated Bitcoin ETFs into their portfolios. The diverse group of owners includes hedge funds, pension funds, and insurance companies, underscoring the wide-ranging acceptance of Bitcoin, the blog wrote, adding...