Tag Archives: Bitcoin

With Google updating its policy regarding crypto-related ads, BlackRock and VanEck have seized the opportunity to become the first asset managers to advertise Bitcoin spot ETFs.   The competition in the Bitcoin spot exchange-traded fund (ETF) market has continued to gain momentum as top asset managers roll out different initiatives to control a large percentage of the market.  BlackRock and VanEck Advertise Bitcoin ETF on Google In light of this, leading asset managers BlackRock and… Source link

The cryptocurrency market is currently worth $1.6 trillion, and Bitcoin (CRYPTO: BTC) accounts for 50% of that total. Bitcoin dominance (i.e., the market value attributable to Bitcoin) was also 50% five years ago, though it has ranged from 38% to 70% during that time period. With that in mind, Morningstar analyst Michael Miller expects the cryptocurrency market to soar 300% to $6.4 trillion by 2032. If Bitcoin dominance stays at 50%, the implied upside for Bitcoin would also be 300%…. Source link

Eleven spot bitcoin (BTC-USD) ETFs kicked off trading Thursday after securing approvals on Wednesday. Investors flocked to the new crypto offerings, driving $4.6 billion in volumes on opening day. Delta Air Lines (DAL) topped fourth-quarter earnings estimates but trimmed its 2024 profit guidance on the back of lingering cost pressures. Though Delta grew revenue 12% last quarter as travel rebounded, margins continue to suffer on high operating expenses. UnitedHealth Group (UNH) shares slipped… Source link

Spot bitcoin ETF Franklin Templeton Digital Holdings Trust (EZBC) has cut its fee, making it (as of late Friday morning) the lowest among all current issuers. The asset management firm will also waive fees until the fund reaches $10 billion in assets under management. The newly approved spot bitcoin ETFs collectively saw more than $4 billion in volume on the first day of trading. Sandy Kaul, Franklin Templeton’s Head of Digital Asset and Investor Advisory Services, joins Yahoo Finance Live to… Source link

It was the moment that the crypto world had been waiting for. Then it wasn’t. The price of bitcoin (BTC-USD) soared to nearly $48,000 Tuesday afternoon after the Securities and Exchange Commission appeared to announce on X, formerly Twitter, that the regulator had granted approval for the launch of spot bitcoin exchange-traded funds. The SEC had been expected this week to rule on whether as many as 14 different money managers would be allowed to issue the ETFs, which would allow everyday… Source link

[unable to retrieve full-text content]Cathie Wood talks Tesla, Elon Musk, & spot bitcoin ETF approval  Yahoo Finance Source link

[unable to retrieve full-text content]Nio stock rises on ET9 EV, Bitcoin slips: Trending tickers  Yahoo Finance Source link

[unable to retrieve full-text content]Bitcoin is up and the zealots are back  Yahoo Finance Source link

[unable to retrieve full-text content]Bitcoin Hits $40,000 Level for the First Time Since May 2022  Yahoo Finance Source link

[unable to retrieve full-text content]Cathie Wood is still all-in on bitcoin: Morning Brief  Yahoo Finance Source link