Analysts believe that the launch of the first BitcoinETF will take place in May.
One source so far
Hong Kong funds are launching an active advertising campaign on spot BitcoinETF in the country – if approved, Hong Kong could raise significant capital from Chinese investors
№ 0260Published Updated 1 min read
Related stories
Regulation
Block Discloses Proposed $764M DOJ Payment in Anti-Money
🚫 TL;DR: Block, the payments company behind Cash App and Square, says it reached an agreement in principle with the US Department of Justice over an anti-money-laundering programme allegation. Its November 3 filing outlines approximately…
Read →Macroeconomics
Oil Falls on Reported $8 Billion US-Iran Hormuz Deal: What Happens to Bitcoin?
📉 Brent crude fell about 4.6% on Monday after a report that Iran offered to reopen the Strait of Hormuz for $8 billion in frozen funds. Bitcoin (BTC) did not join the relief, sliding to about $73,600.
Read →Regulation
MicroStrategy and Strive Buy 1,065 Bitcoin: Can Saylor Keep Adding Below Cost?
💼 MicroStrategy, Michael Saylor’s company now called Strategy, bought 1,036 Bitcoin (BTC) last week, lifting its stack to 850,364 coins. Strive added 29 more, even as BTC slipped below Strategy’s $75,456 average cost.
Read →Exchanges
BlackRock Transfers 5,320 BTC and 40,720 ETH Worth $482.66 Million to Coinbase
BlackRock transferred 5,320 BTC and 40,720 ETH with a combined value of $482.66 million. According to bloomingbit, the assets were received by crypto exchange Coinbase. The purpose of the transfer was not specified in the report.
Read →