The Securities and Exchange Commission (SEC) last month approved spot bitcoin ETFs, in a watershed for the crypto industry
The world's largest virtual token declined as much as 3.4% by 7.30 a.m. in New York on Monday, hitting a low of $40,352 - just shy of its lowest point of 2024 recorded on Friday
Investors deposited $371 million in the fund on Wednesday, pushing IBIT past the milestone, data compiled by Bloomberg show
The batch of almost a dozen ETFs, including from investment titans BlackRock Inc. and Fidelity Investments, began trading on Jan. 11
The crypto market witnessed many highs and lows during the week. Bitcoin touched its highest level in 22 months and soon wiped off the gains
US regulator's decision will create 'new era' of crypto asset adoption, they say
'I don't think the world or emerging markets can take a cryptomania like the Tulipmania, said the RBI Governor at Mint's BFSI Summit
After the announcement, Bitcoin briefly touched $47,600, the highest since December 2021, before cooling down to $46,600 for the first time since April 2022
The approvals mark a rare capitulation by the SEC following opposition that lasted for more than a decade, ever since Tyler and Cameron Winklevoss first proposed a Bitcoin ETF in 2013.
BlackRock's iShares Bitcoin Trust would charge 0.25%, compared with the 0.30% fee set earlier. ARK 21Shares Bitcoin ETF lowered its fee to 0.21% from 0.25%
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The world's largest cryptocurrency briefly swung above $47,000 late on Monday boosted by excitement over several filings revealing what potential ETF issuers planned to charge in fees for the products
Experts suggest that sustaining the level of $44,000 is important for Bitcoin to establish a positive momentum
Bitcoin has risen over 20 per cent since the start of December as a Jan. 10 deadline for the US Securities and Exchange Commission to give its blessing for a spot ETF Bitcoin draws closer.
Experts suggest that Bitcoin may soon reach the $48,000 level if the momentum persists
Cryptocurrency news: The outlook for 2024 continues to remain positive, mainly on the back of Bitcoin ETFs
A positive for Bitcoin over the next few months is the expectation that the BlackRock application to launch a Bitcoin spot ETF is likely to be approved soon
This week, in reply to a question in the Parliament in the ongoing Winter Session, the Centre revealed that as many as 28 Virtual Digital Assets service providers have registered themselves with FIU
According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds
The dollar index, which tracks the currency against six major peers, rose by 0.59% to 103.71, while the euro was last down 0.61% to $1.0815