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Bitcoin Spot ETF outperforms 3,400 rivals with $2.3 billion weekly inflow

Last week’s influx by all ten spot Bitcoin ETF issuers, including Grayscale, put the new offerings ahead of the 3,400 ETFs that existed before the U.S. Securities and Exchange Commission (SEC) gave its approval to the new group of Bitcoin backers. BTC in the region. . Spot Bitcoin ETF attacks its traditional rivals An illustration…

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Hong Kong regulator prepares to approve cash-in-kind Bitcoin ETFs

Hong Kong’s financial regulator has published rules for issuers of spot bitcoin exchange-traded funds (ETFs), allowing the use of both cash and in-kind creation models. This approach contrasts with the US Securities and Exchange Commission (SEC), which insists on the exclusive use of the money creation model for spot bitcoin ETFs. Hong Kong publishes Bitcoin…

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Bitcoin (BTC) Price Surpasses $30,000 as Dominance Returns to Multi-Year High

Bitcoin (BTC) price has retested the $30,000 price level following its sustained resurgence the previous week. Bitcoin is trading at a market capitalization of $30,135, up 1.47% at the time of writing. This growth highlights the performance of the main currency in the following week period, in which it jumped 11.91%. Bitcoin dominance hits 3-year…

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Ethereum Spot ETF Guaranteed If Bitcoin Approved

While all eyes are on the bitcoin spot ETF, Invesco and Galaxy Digital have amended their application for an ethereum spot ETF. The ETFs were first introduced in September, joining ARK Invest, VanEck, Grayscale and Hashdex, but were modified following the approval of Ethereum futures ETFs. The decision earlier this month by the Security and…

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Fake News About Bitcoin ETF Approval Settled for Over $74 Million

The community was ecstatic when Bitcoin prices soared to around $30,000 on October 16 following unconfirmed reports that the United States Securities and Exchange Commission (SEC) had approved the first exchange-traded fund (ETF). of Bitcoin in cash in the country. When the moment of fear of missing out (FOMO) dissipated and the supposed reports from…

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US stocks rise for third day in a row as bond yields fall

Stocks in the United States rose for the third day in a row as the market continues to assess the effect of the conflict between Israel and Hamas. Bond yields fell because investors wanted the safety of U.S. Treasury bonds, and this drop in yields helped boost the stock market. Today was the first day…

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BlackRock’s Bitcoin ETF Will Be Seventh Filing Deferred by the SEC Today

The world’s largest asset manager is waiting to offer an exchange-traded fund for its iShares Bitcoin Trust in the United States. The United States Securities and Exchange Commission has delayed a Bitcoin exchange-traded fund application from global asset manager BlackRock. The asset manager, which reportedly has 8.5 trillion assets on its books, will launch its…

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Bitcoin falls below $26,000 in crypto market turmoil; $1 Billion Liquidated Amid Major Currency Slumps

Bitcoin value briefly dipped below the $26K threshold at 5:50 PM. ET on Thursday before quickly breaking above the $26,000 benchmark. At the same time, the expansive cryptocurrency backdrop saw an 8% drop against the US Dollar, teetering dangerously close to falling below the $1 trillion threshold. Additionally, a staggering $1 billion worth of derivatives…

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Casa Bitcoin – casabitcoin.xyz

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