Tag: Wall Street
Wall Street Calls for Buying Dip in Gold-backed Tokens
Gold-backed cryptocurrencies have taken a hit as the price of gold experienced a significant drop, sparking speculation about Trump's tariff tactics. Despite this, experts on Wall Street are urging investors to consider this dip...
BlackRock Bitcoin ETF: Record $332M Outflow in a Day
BlackRock Bitcoin ETF: Record $332M Outflow in a DayIn a shocking turn of events, BlackRock, the world's largest asset manager, witnessed a massive outflow of $332 million in just a single day from its...
BlackRock’s IBIT: Top ETF for Inflows in the Decade
BlackRock's IBIT Emerges as the Top ETF for Inflows in the DecadeBlackRock's IBIT has made waves in the financial world, securing its position as the top exchange-traded fund (ETF) for inflows in the past...
Leveraged MicroStrategy ETFs’ Impact on Market Growth: JPMorgan
MicroStrategy Leveraged ETFs Driving Market GrowthMicroStrategy Leveraged ETFs have been making waves in the market, attracting a whopping $3.4 billion of inflows in November alone, according to a recent report by JPMorgan. This surge...
Gensler’s Rejection of Solana ETFs Impact on Crypto Industry – Bloomberg Analysis
The US Securities and Exchange Commission (SEC) under Chair Gary Gensler is reportedly set to deliver a blow to the crypto industry by rejecting two spot Solana (SOL) exchange-traded funds (ETF) applications. This move,...
Bitcoin: Digital Gold vs Dollar Competitor – Powell’s Perspective
Bitcoin: Digital Gold vs Dollar Competitor - Powell's PerspectiveFederal Reserve Chairman Jerome Powell recently shared his perspective on Bitcoin, debunking the idea of it as a replacement for the U.S. dollar and instead likening...
Bitwise Bitcoin and Ethereum ETP Listing on NYSE: Filing Details
NYSE recently filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) that offers direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. This ETP aims to simplify...
Institutional Capital Driving Crypto Rally: Bitfinex Insights
The recent surge in the crypto market, reaching a new all-time high of nearly $3.5 trillion, has been primarily driven by institutional capital flowing into Bitcoin and altcoins. According to Bitfinex insights, the influx...