There are several reasons why some people in the cryptocurrency community are critical of BlackRock’s involvement in Bitcoin ETFs. Some of the most common objections include: What are the potential benefits of BlackRock’s involvement in Bitcoin ETFs? Despite the criticism, there are also some potential benefits to BlackRock’s involvement in Bitcoin ETFs. Some of the […]
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There are several reasons why the newly launched Bitcoin ETFs are attracting so much capital, including: What is the impact of the new ETFs on Grayscale Bitcoin Trust (GBTC)? The launch of the new Bitcoin ETFs has had a significant impact on GBTC. GBTC is a closed-end fund that tracks the price of Bitcoin. It […]
BlackRock’s spot Bitcoin ETF reaching $1 billion in assets under management is a significant milestone for several reasons. First, it demonstrates the growing institutional interest in Bitcoin. BlackRock is the world’s largest asset manager, with over $10 trillion in assets under management. Their approval of a spot Bitcoin ETF signals to other institutional investors that […]
Layer-2 networks are auxiliary blockchains that operate on top of Bitcoin’s main blockchain. They can help Bitcoin scale by offloading transactions from the main chain, which can free up space for more transactions and reduce fees. There are a number of different layer-2 networks being developed for Bitcoin, but the most popular one by far […]
The European Council and Parliament have provisionally agreed to expand parts of the European Union’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) law to cover the cryptocurrency market. This means that companies providing cryptocurrency services will have to check and confirm details about their customers. They will also have to report any activities that seem […]
What is the Bitcoin halving? The Bitcoin halving is a scheduled event that occurs approximately every four years in which the reward for mining a new block is reduced by half. This was a built-in feature of the Bitcoin protocol to gradually decrease the supply of Bitcoin over time. How often does the Bitcoin halving […]
Newly Approved Bitcoin ETFs Draw Investor Interest The approval of Bitcoin ETFs in the United States has spurred a surge of investor interest in the cryptocurrency, as evidenced by the nearly $1 billion in net inflows to these funds after just three days of trading. On January 13, 2024, the U.S. Securities and Exchange Commission […]