Investors in exchange-traded funds (ETFs) seem to have more faith in Bitcoin, often dubbed "digital gold," than in the traditional precious metal itself, as both assets reach record high prices. Spot Bitcoin ETFs have gained net flows since January launch Despite being considered stores of value and inflation hedges,...
Read moreBitcoin, the renowned cryptocurrency, has recently dominated headlines once again with its remarkable performance in the financial market. Breaking records and setting new milestones, BTCcontinues to captivate investors worldwide. In a groundbreaking development, Bitcoin has surpassed the significant threshold of $50,000, marking an extraordinary achievement for this digital asset....
Read moreBitcoin appears set to extend its winning streak for a fifth consecutive month, marking its longest positive run since the pandemic-triggered rally. Amidst January's notable volatility, driven by the debut of the first US spot BTC exchange-traded funds and shifting views on monetary policy, the largest digital asset has...
Read moreInterest in the highly anticipated spot Bitcoin Exchange-Traded Funds (ETFs) appears to be waning, as Wednesday witnessed the lowest single-day of investor gross inflows for the group since trading commenced on January 11. As per a report from JPMorgan Chase & Co, the nine recently introduced funds attracted approximately...
Read moreBitcoin extended its decline on Monday, breaching the $40,000 mark for the first time this year and dragging down the entire cryptocurrency market in its wake. As per Coin Metrics, the current price of BTC stands at $40,052.76, marking a 3.9% decrease. At its lowest point during the day,...
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