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Spot Bitcoin exchange traded funds (ETFs) officially launched in Hong Kong as its stock market opened. The long-awaited approval marks the beginning of a new era for the Bitcoin industry in the region. After Hong Kong's Securities and Futures Commission approved three Spot Bitcoin ETF applications earlier this
According to a recent Bloomberg report citing sources familiar with the matter, the Australian Securities Exchange (ASX), which handles most of Australia's trading volume, is expected to approve the country's first spot Bitcoin ETFs by the end of 2024. Bloomberg also notes that Cosmos Asset Management
Recent 13F filings with the SEC indicate that BNP Paribas, Europe's second largest bank, has gained Bitcoin exposure by purchasing BlackRock's iShares Bitcoin Trust ETF (IBIT). Since their launch earlier this year, U.S. spot Bitcoin ETFs have surpassed $200 billion in total trading volume. Regulatory
News • Bitcoin • May 02, 2024Recent 13F filings with the SEC indicate that BNP Paribas, Europe's second largest bank, has gained Bitcoin exposure by purchasing BlackRock's iShares Bitcoin Trust ETF (IBIT). Since their launch earlier this year, U.S. spot Bitcoin ETFs have surpassed $200 billion in total trading volume. Regulatory
News • Bitcoin • May 02, 2024Spot Bitcoin exchange traded funds (ETFs) officially launched in Hong Kong as its stock market opened. The long-awaited approval marks the beginning of a new era for the Bitcoin industry in the region. After Hong Kong's Securities and Futures Commission approved three Spot Bitcoin ETF applications earlier this
News • Bitcoin • Apr 29, 2024According to a recent Bloomberg report citing sources familiar with the matter, the Australian Securities Exchange (ASX), which handles most of Australia's trading volume, is expected to approve the country's first spot Bitcoin ETFs by the end of 2024. Bloomberg also notes that Cosmos Asset Management
News • Bitcoin • Apr 29, 2024Metaplanet, a publicly listed company on the Tokyo Stock Exchange that offers hotel-related services among others, has revealed its acquisition of Bitcoin valued at ¥1 billion, which is roughly equivalent to $6.25 million. Earlier this month, Metaplanet announced its intention to use Bitcoin as a treasury reserve asset, planning
News • Bitcoin • Apr 26, 2024The Securities and Futures Commission of Hong Kong has recently granted approval for Bitcoin Spot ETFs to several prominent asset managers, setting the stage for the city to emerge as a key center for these products. This approval, following months of anticipation, represents a significant milestone for the Bitcoin industry
News • Bitcoin • Apr 24, 2024Grayscale, a Bitcoin ETF provider, has announced the creation of its new Bitcoin Mini Trust (BTC) which will feature a lower management fee of 0.15%, in contrast to its existing GBTC product that charges 1.5%. The recent filing revealed that Grayscale will allocate approximately 63,204 Bitcoins, representing
News • Bitcoin • Apr 20, 2024On April 19th (or April 20th, depending on whom you ask), Bitcoin underwent its fourth scheduled halving, reducing the mining reward from 6.25 Bitcoins to 3.125 Bitcoins per block. This event, integral to Bitcoin's deflationary model, occurs roughly every four years or every 210,000 blocks,
News • Bitcoin • Apr 20, 2024BlackRock, the largest asset manager globally with assets exceeding $10.5 trillion, has launched a range of educational materials focused on Bitcoin, the Bitcoin halving, and its effects, as well as providing insights into its newly approved spot Bitcoin ETF. "April is packed with rare events this year, with
News • Bitcoin • Apr 17, 2024