ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate
Following Hong Kong’s authorization of the area’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on...
ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class
In a modest but optimistic improvement, U.S. spot bitcoin exchange-traded funds (ETFs) noticed a internet influx of $39.5 million, even because the ETF ARKB skilled...
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
After 4 days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) skilled a downturn, with $85.7 million flowing out throughout Monday’s buying and...
SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days
It has been six days since Binance confronted a lawsuit from the U.S. Securities and Exchange Commission (SEC), and 5 days since Coinbase encountered an...
Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion
Binance, the world’s largest cryptocurrency change by commerce quantity, noticed vital outflows of bitcoin, ethereum, and stablecoins beginning on June 3, 2023, in keeping with...
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
Roughly 26 days in the past and within the following days, the U.S. witnessed two vital financial institution failures when Silicon Valley Bank and Signature...
More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX’s Collapse
For greater than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin house owners eliminated roughly $19.19 billion in crypto belongings from centralized...
Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report...
The ‘Holding Billionaires Accountable’ Lie — Media, Big Tech Fact Checkers Mischaracterize Angst Toward Biden’s Tax Proposal
U.S. citizens and financial institutions are concerned about the Biden administration’s goals to get banks to report to the Internal Revenue Service (IRS) aggregate inflows...
Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply
The 78th United States secretary of the treasury, Janet Yellen, is very concerned about tax evasion, according to statements she made during an interview with...