The Art of Making CryptoCurrency
Bitcoin ETFs posted a $1.81 billion net inflow for the week ending May 2, marking their 3rd consecutive week in the green. Ether ETFs also saw another week of gains, pulling in $106.75 million and extending their rebound. Bitcoin ETFs Keep Winning Streak Alive As Ether ETFs Follow with $106 Million The streak continues for […] Source link
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The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year. NEW: 🇭🇰 Hong Kong #Bitcoin ETFs surpass HK $2 billion in assets under management. China is getting prepared 🙌 pic.twitter.com/GQZC1Z5UFC — Bitcoin Magazine (@BitcoinMagazine) August 26, 2024 The milestone comes just months after Hong Kong approved its first spot bitcoin ETFs, following similar moves in the U.S. and Europe. The ETFs provide exposure to Bitcoin prices without directly owning Bitcoin. While volumes have been…
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Carson Group, a significant $30 billion registered investment adviser (RIA) platform, has recently announced its approval to offer four spot Bitcoin exchange-traded funds (ETFs) to its clients, according to a Bloomberg report. Out of the recent batch of US-listed spot Bitcoin ETFs, Carson Group has greenlit BlackRock’s iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and the Franklin Bitcoin ETF. JUST IN – $30 billion RIA platform Carson Group has approved to offer these four spot #Bitcoin ETFs to their clients: – BlackRock– Franklin– Bitwise– Fidelity — Bitcoin…
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BitGo, a leading Bitcoin and cryptocurrency custody firm, announced on Wednesday that it has successfully raised $100 million in its Series C financing round, bolstering its valuation to $1.75 billion. The funds will be allocated to amplify BitGo’s secure and regulated custody, wallet, and infrastructure solutions on a global scale and to facilitate strategic acquisitions. “Not only are we seeing growing demand for regulated custody solutions in the US, but we’re also seeing the demand on a global scale,” said BitGo CEO Mike Belshe. “We are very pleased to announce our $100M…
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Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round. The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively to the burn, with LUNC seeing a 3% price increase. Based on a transaction executed on July 1, Binance transferred 2.65 billion LUNC tokens to the burn address, reducing the circulating supply. The transaction also involved a transaction fee of 13.25 million LUNC. The Terra Classic burn mechanism automatically…
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