Mar 05 2024
Bloomberg analysts say Bitcoin could become larger investment vehicles than gold ETFs in under 24 months. Bitcoin ETFs have absorbed over $5 billion of inflows following their launch last month. Gold funds have suffered $3.6 billion of net outflows since January 11. According to data from VettaFi, BitcoinETFs held over $37.3 billion in assets as …
Oct 13 2023
Ark Invest, led by Cathie Wood, has taken a significant step forward by filing an updated version of its spot Bitcoin ETF prospectus. The move is in response to recent feedback from the U.S. Securities and Exchange Commission (SEC) asking for clarifications on some concerns. Eric Balchunas, a seasoned ETF analyst at Bloomberg, was quick …