Bitcoin trading volume and liquidity are being concentrated on weekdays due in part to ETFs and could cause more wild price swings on the weekend. Bitcoin has become more susceptible to wild weekend volatility since the launch of spot Bitcoin exchange-traded funds, according to Kaiko Research. In an Aug. 12 report, Kaiko’s crypto analysts noted Bitcoin’s…
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The position of BlackRock’s Bitcoin ETF could have been higher had it not missed the first seven trading days on the NASDAQ while it awaited approval from the SEC. BlackRock’s iShares Bitcoin exchange-traded fund (ETF) has made it into the top 0.16% of all United States-issued ETF products. The spot Bitcoin ETF has topped $3.19…
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On Jan. 16, spot Bitcoin ETFs produced $1.8 billion in volume — multiple times the joined exchanging volume that very day of every one of the 500 ETFs sent off in 2023. The all out volume across 10 spot Bitcoin BTC ETFs on Jan. 16 has, around the same time, dominated the absolute volume for…
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The bank made the forecast based on its expectation that spot Bitcoin ETFs could attract inflows of $50-100 billion in 2024. Worldwide bank Standard Sanctioned predicts that Bitcoin (BTC) could reach almost $200,000 toward the finish of the following year assuming Bitcoin trade exchanged reserves are endorsed and are effective in the US. The bank…
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Central issues: SEC’s Jan. 10 cutoff time sparkles theory on ETF endorsements. Endorsement might prompt significant inflows from retail and institutional financial backers. Market misjudging influence, potential for a 160% flood. Bitcoin ETFs – trade exchanged reserves (ETFs) supported by Bitcoin in the US is drawing nearer. Members in this high-stakes try face an approaching…
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