The proposed ETF holds a diverse basket of crypto assets, include altcoins. It may face competition.
Bitcoin ETF news
ETF analyst Eric Balchunas says the outsized trading volume across BlackRock’s spot Bitcoin ETF is proof that investors are panic-buying Bitcoin as the asset nears its all-time high.
Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace.
The “mini” trusts spun off from Grayscale’s legacy Bitcoin and Ether funds in July.
Bitcoin derivatives markets are setting up for a potential BTC rally above $80,000 before the end of 2025, fueled by excitement over a potential Trump victory.
Jack Dorsey’s Bitcoin-friendly financial services firm Block saw its stock rally 13% in October, coming in line with bullish market action.
Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total joint lifetime net inflows of over $22 billion.
According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment.
It’s the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg.
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.