“Sygnum Bank’s crypto spot trading volume has more than doubled in one year,” says Sygnum Bank’s Head of Trading, Dominic L. "Some of that is fuelled by the heighted volatility in the first quarter, most notably driven by the Bitcoin spot ETF approvals but also the Bitcoin halving.” Learn more here: https://bit.ly/45BnsKp Dominic L., Andreas Koch, Stefan Wyser, André C., Martijn J. Theijse, Nils S., Christopher Vasica, Giuseppe Mammana, Nicholas Foo, Thomas Eichenberger, Dom Castley MBA MCIM, Martin Burgherr, Katalin Tischhauser, Isabelle Decaumont, Thomas Bouquet #bitcoin #trading #digitalassets Disclaimer: https://bit.ly/4edJA1v
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Beware of the pitfalls of Bitcoin ETFs and Crypto Investments 🚨 Our iFAST Research Team highlights the risks in trading these products with lack of fundamentals, making them highly speculative. The crypto space is rife with scandals and fraud, demanding caution. ⚠️ Read more on our views on cryptocurrencies as we emphasise the importance of investing in assets with proper fundamentals and real earnings: https://lnkd.in/d4YkG3Jx #iFAST #CryptoInvesting #InvestmentRisks #stayinformed
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The #SEC's Division of Trading and Markets met with #Grayscale Investments representatives on November 29, 2023, discussing a proposed rule change by NYSE Area, Inc., aiming to list and trade Grayscale Bitcoin Trust (BTC) shares under NYSE Area Rule 8.20I-E. The meeting involved key individuals from both parties and could impact the potential approval of a #Bitcoin Exchange Traded Fund (ETF), providing investors an additional avenue for #crypto exposure. Bitcoin eyes a $40k target amid expectations of spot Bitcoin ETFs. Read full story: https://lnkd.in/dJgynpz4
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US spot Bitcoin ETFs are still reaching new highs in daily volume and flows, trading $7.7 billion and taking in $673 million as a group on Feb. 28 alone. At the end of the month, the 10 funds held almost 760,000 Bitcoin and assets of more than $46 billion. Net flows into listed crypto products so far in 2024 exceed the cumulative flows over the past 2.5 years. Do onchain fundamentals justify this action? Check out AQN Digital's latest State of the Crypto Markets: https://t.ly/FzydY Thanks TradingView for helping us out with data!
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#Crypto assets under management are back to December 2021 levels - practically an all-time high 👀 Even with continuous outflows from Grayscale (-$1.3 bn monthly), BlackRock and Fidelity are going for it (+$2.5 bn and +$1.3 bn, respectively), as well as smaller asset managers (+$1.2 bn). Last week's record flows of $2.45 billion show that institutional investors are very serious about crypto, and this cycle will see another all-time high of #Bitcoin and Co. Well, mostly Bitcoin so far to be honest 😉 data by CoinShares #ETF #finance
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Reflecting on the SEC's decision on a U.S. spot Bitcoin ETF, the crypto landscape is at a crossroads. The SEC's history of rejections has left us wary, but it seems like something is changing. Drawing parallels with past ETF launches, notably gold and Nasdaq-tracking ETFs, the potential inflow into the crypto space could be substantial. As Bitcoin's recent surge aligns with expectations of ETF approval, my stance is cautious optimism. This isn't just about price movements; it's about bringing Bitcoin directly into institutional portfolios, potentially reshaping its role in the broader financial landscape. #CryptoOpinion #BitcoinETF #BlockchainInsights #XBO_Crypto
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Co-Founder & CEO at JLB Capital | Fintech | Advisor, Investor, Lecuter | Business Development & Strategy Consulting
🔥 Congress 🇺🇸 has sent a letter to SEC Chairman Gary Gensler, asking the #SEC to continuously separate the treatment between #Bitcoin Spot #ETF and Bitcoin Future ETF, and asking Gary Gensler to approve the issues exports related to the Bitcoin Spot ETF as soon as possible. Representatives Mike Flood, Tom Emmer, Ritchie Torres, and Wiley Nickel said the court decided (3-0) that there is no substantive difference between the Bitcoin Spot ETF and the Bitcoin #Future ETF. They also note that managing the Bitcoin #Spot ETF will increase advisor protections by giving them easier and more secure access to Bitcoin. #JLBC #JLB #Stock #Crypto #Bitcoin #Market #Ethereum #DEX #BINANCE #DeFi #BITMAN #Johnle
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With the Bitcoin Spot ETF approval now a reality, Eugene Cheung, Head of Bybit Institutional, Bryan Aaron, Head of Crypto Knowledge, Jerry Li, Financial Product Manager, and Yang Hao, Head of Derivatives and Financial Product, are sharing their expert insights. Delve into their analyses on how this pivotal decision is set to reshape the Bitcoin and broader crypto markets. Leverage these insights to explore Bitcoin trading opportunities on Bybit. Our platform is designed for traders at all levels, providing essential tools and resources for a successful trading experience. Plus, don't miss our latest video recap for a quick overview of the current market trends. Join Bybit today and start navigating the exciting possibilities in Bitcoin trading. 🚀 #BitcoinETF #Bitcoin #ETFApproval #ETF #Crypto Sign up here: https://lnkd.in/gUXRwqcC
