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Crypto Etf

All articles tagged with #crypto etf

Crypto ETFs Experience Volatility: Outflows, Price Crashes, and Record Inflows

Originally Published 1 year ago — by Forbes

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Source: Forbes

The cryptocurrency market has experienced a significant crash, with Bitcoin, Ethereum, XRP, Solana, and Dogecoin all plummeting in value, losing around $300 billion in total. This drop is attributed to cash outflows from Grayscale's new spot Bitcoin exchange-traded fund (ETF) and concerns about the Federal Reserve delaying interest rate cuts. Despite the volatility, experts advise traders to remain calm and focus on long-term perspectives, while Bitcoin and crypto traders are closely monitoring support levels around $63,000 per Bitcoin.

Bitcoin Plummets to $40K, Sending Crypto Market into Panic

Originally Published 2 years ago — by Forbes

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Source: Forbes

The price of Bitcoin, Ethereum, Solana, and XRP crashed following JPMorgan's CEO's warning about the potential for Bitcoin to be "erased." BlackRock's CEO revealed plans for a massive crypto initiative, while Grayscale's Bitcoin Trust (GBTC) saw significant outflows following its conversion into a spot Bitcoin ETF. This, along with a fee war among ETF issuers, has contributed to the market pressure. Despite the volatility, some in the crypto space remain optimistic about increased access for retail investors and institutional adoption.

"Bitcoin Surges as Traders Await Crypto ETF Greenlight"

Originally Published 2 years ago — by Barron's

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Source: Barron's

Bitcoin and other cryptocurrencies experienced a surge in value as traders anticipate the approval of the first spot Bitcoin exchange-traded fund by the Securities and Exchange Commission. However, investors should be cautious as there may be obstacles ahead before the ETF is approved.

Crypto ETFs: Expanding Beyond Bitcoin and Approaching Approval, Predicts Former SEC Chairman

Originally Published 2 years ago — by CoinDesk

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Source: CoinDesk

Bernstein analysts predict that the opportunity for cryptocurrency exchange-traded funds (ETFs) extends beyond Bitcoin and will include multiple digital assets. The industry is expected to see the approval of spot ETF applications, including Grayscale, between mid-October and mid-March. Following the approval of a Bitcoin ETF, there will likely be a push for an Ethereum ETF due to its similar market structure. The asset management industry is also anticipated to expand into other top blockchains like Solana and Polygon, as well as decentralized finance (DeFi) assets. This presents a significant commercial opportunity for asset managers to generate fees in the growing cryptocurrency market.