-
US Bitcoin ETFs Head for Record Monthly Inflow on Trump Optimism
A group of one dozen US Bitcoin exchange-traded funds is on the cusp of a record monthly net inflow, bolstered by the digital asset’s historic surge toward $100,000 on President-elect Donald Trump’s embrace of crypto. The ETFs from issuers including BlackRock Inc. and Fidelity Investments have attracted $6.2 billion so far in November, data compiled by Bloomberg show. The previous peak of $6 billion was achieved in February amid investor euphoria over the launch of the products at the start of the year. Bitcoin a week ago came within $300 of the landmark $100,000 level for the first time, lifted by Trump’s ... (full story)
- Comments
- Subscribe
-
- Older Stories
From cnbc.com|Nov 28, 2024Bitcoin danced seductively close to the $100,000 level this week — at its highest, it was less than $1,000 away — but that psychological peak was out of reach for the ...
From invezz.com|Nov 28, 2024Hong Kong has unveiled a proposal to exempt cryptocurrency gains from taxes for hedge funds, private equity, and family offices. The tax exemption plan, currently under a six-week ...
From forex.com|Nov 28, 2024Bitcoin futures followed their seasonal tendency to rally on Thanksgiving Day. And pattern is to hold true today, it could be set for a down day as we veer into the weekend. Since ...
-
- Newer Stories
From decrypt.co|Nov 28, 2024A former executive at the world’s leading cryptocurrency exchange, Binance, sued the company, claiming that she was fired after blowing the whistle on bribery concerns. Former ...
From decrypt.co|Nov 29, 2024’Tis the season to be jolly, and what better way to celebrate than with this collection of crypto-themed goodies for your nearest and dearest? Gather round the crackling Yule log ...
From think.ing.com|Nov 29, 2024Today’s eurozone flash CPI should end any chance of a 50bp ECB cut next month. A large undershoot would be needed to push market expectations back in that direction after ...
- Story Stats
- Posted: Nov 28, 2024 11:13pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 84
