Blockchain & crypto news from India
In a historic development, exchange-traded funds (ETFs) for Bitcoin in the United States have achieved a remarkable milestone by accumulating a total of over $17 billion in inflows. The remarkable milestone achieved sets a new precedent and emphasizes the escalating interest and investment in Bitcoin within the ETF market. Based on the data tracked by…
BlackRock and Fidelity have seen a significant increase in total ETF inflows this year, with a notable contribution from their Bitcoin exchange-traded funds (ETFs). Specifically, BlackRock’s Bitcoin ETFs have accounted for 26% of the year-to-date inflows for the company, while Fidelity’s Bitcoin ETFs have contributed to 56% of their total ETF inflows. BlackRock’s iShares Bitcoin…
On March 12th, the exchange-traded funds (ETFs) for Bitcoin in the United States reached a remarkable milestone. For the first time ever, these funds managed to attract more than $1 billion in net inflows, indicating an increasing demand for Bitcoin investments. Investors have been showing a keen interest in Bitcoin ETFs, with daily inflows reaching…
On Wednesday, Bitcoin surged to the highest it has been to since November 2021. It rose to just above $64000, before the prices started falling again. The bulls as well as the bears of the market were stunned by the sudden and steep movement in the prices. Bitcoin has risen by more than 20% in…