Europe's Banking Giant BNP Paribas Joins Bitcoin ETF Bandwagon

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

The disclosure for this cash injection into BlackRock’s spot Bitcoin ETF was teased through a 13F filing. This is an essential regulatory disclosure demanded of entities who traded in the United States at a specific time.regarding the asset class recently. The approval of the spot Bitcoin ETF created an avenue that opened access to every compliant firm to gain access to the new investment product.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin drops below $60K as analyst says zero spot Bitcoin ETF inflows ‘very normal’Market participants eyeball the significance of zero spot ETF flows as Bitcoin price sinks under $60,000.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Australia Moves on a Spot Bitcoin ETF; Franklin Templeton on Bitcoin NFTs'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Australia-based Monochrome Asset Management announced their application for a spot bitcoin (BTC) exchange traded fund. Plus, the state of bitcoin miner Hut 8 (HUT) after its merger with US Bitcoin Corp.
Source: CoinDesk - 🏆 291. / 63 Read more »

Purpose Bitcoin ETF Loses 20% of Bitcoin Under Management Despite Rising DemandThe Purpose Bitcoin ETF (BTCC) has lost 20% of its Bitcoin under management over the past three months, despite rising demand and record-high prices for the asset. The fund's holdings have mostly oscillated between 20,000 and 40,000 BTC since its launch in February 2021. However, after BlackRock, Fidelity, and others filed to launch their own spot Bitcoin ETFs, money began to flood back into Bitcoin funds, including Purpose, on optimism that the ETFs might finally be approved.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Cash & Bitcoin SV Pumping as Bitcoin Minetrix Nears Exchange ListingCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin makes run for previous cycle highs as Morgan Stanley pushes BTC ETF exposureBitcoin (BTC) price strength continues to grow, three days after the fourth halving.
Source: FXStreetNews - 🏆 14. / 72 Read more »