Source: Cryptopolitan In this post: BlackRock’s Bitcoin ETF options got approved by the SEC but could trigger a massive price rally similar to GameStop’s 2021 gamma squeeze. The options still need clearance from the OCC and CFTC before they hit the market, but institutions are already super interested. With Bitcoin’s supply being only 21 million,… Continue reading BlackRock’s Bitcoin ETF options to trigger GME-like gamma squeeze
Tag: Bitcoin ETF
Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management
Source: BTC Times Hong Kong’s spot Bitcoin ETFs have reached over HK$2 billion ($272M) in AUM, highlighting growing institutional interest in Asia. Hong Kong’s three spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over HK$2 billion (approximately $272 million) in assets under management since their launch earlier this year. This follows Hong Kong’s approval of… Continue reading Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management
Venture capital funding in crypto rises to $2.4 billion: PitchBook
Source: The Economic Times Synopsis Funding was spread across 518 deals and rose by 40.3% from the previous quarter, according to data firm PitchBook. Global venture capital investments dropped to a near five-year low in the same period. Crypto startup funding rose for a second straight quarter to hit $2.4 billion in the first three… Continue reading Venture capital funding in crypto rises to $2.4 billion: PitchBook
Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
Source: CryptoPotato Digital asset investment products recorded $206 million in the past week. Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on mining companies because it can affect their… Continue reading Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M
