Bitcoin ETFs 'deemed a success' by key measures one month after U.S. debut
One month after their historic launch, ETF insiders and crypto proponents alike say Bitcoin spot funds are proving an unequivocal success on key trading measures. Some 21 trading days in, the funds have raked in about US$2.8 billion in total net inflows, data compiled by Bloomberg Intelligence show. That takes into account the $6.4 billion investors yanked from the Grayscale Bitcoin Trust (ticker GBTC) after it was converted from a trust into an exchange-traded fund. Atop the leaderboard are BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), taking in around $3.8 billion and $3.1 ... (full story)
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Guess whatís happening in the cryptocurrency world? Year of the Dragon , full of strength and luck , in the Chinese lunar calendar decided to flex its muscles on February 10, ...
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Itís an enormous pleasure to be here at Loughborough University this evening. I can give you three reasons for this, itís not just the polite thing to say at the beginning of a lecture. In order of importance, I am going to start with David Llewellyn. David is very modest, you have to search quite hard to find out that he has been Professor of Money and Banking here since 1978. To say the least, that is impressive. David has been a leader in the field throughout that time. He has had many students, and he has provided the Bank of England with many of our excellent staff. As well as a big thank you, David, I think we must start planning your 50th. The second reason for the pleasure this evening is to continue a tradition of Bank Governors giving lectures here at Loughborough. Robin Leigh-Pemberton did so in 1986, and Eddie George ten years later in 1996. The gap has been 28 years this time, but I can lay claim to a bit of continuity because in 1996 I was Eddieís Private Secretary, and I had a bit of a hand in writing that lecture. The third reason for the pleasure is that I am a native of Leicestershire, Leicester itself to be precise. And, I have good memories of visiting Loughborough. One particular post: BOE GOV. BAILEY: I EXPECT BANKS TO HOLD LARGER RESERVES AT THE BOE THAN WAS THE CASE BEFORE THE FINANCIAL CRISIS. post: BOE GOV. BAILEY: BANKS SHOULD USE BOE LIQUIDITY MORE EXTENSIVELY.
Bitcoin has reached the psychologically crucial level of $50,000, boosted by the strength in the United States stock markets and solid inflows into the spot Bitcoin ...
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