Bitcoin ETFs See Best Weekly Inflows Since May After Price Swoon. ... Before it’s here, it’s on the Bloomberg Terminal. LEARN MORE. By Benjamin Taubman. July 12, 2024 at 1:13 ...

US exchange-traded funds investing in Bitcoin saw an $870 million net inflow, their third-highest daily haul, as the digital asset flirts with a record high amid speculation about the potential ...

BlackRock Inc.’s iShares Bitcoin Trust posted its largest-ever monthly inflow in May, as the original cryptocurrency climbed to a record while being touted by more proponents as an alternative ...

Some analysts are predicting an “altcoin summer” with at least 31 ETF applications active with the SEC, according to ...

This analysis is by Bloomberg Intelligence Senior Analyst Eric Balchunas and Analyst James Seyffart. It appeared first on the Bloomberg Terminal. The ETF industry is helping to propel ...

Bitcoin investment products took in $1.27 billion last week as the cryptocurrency surged to its highest price in more than a month, CoinShares Ltd. data show.

At Bloomberg’s ETFs in Depth event on June 18, senior ETF analyst Eric Balchunas said spot Bitcoin ETFs could collectively ...

He argues that ETFs make crypto investing far more accessible. “ETFs are simple — you roll out of bed, click a button, and boom — Bitcoin exposure. No wallets, no exchange headaches, no 2% fees.

In contrast, IBIT, BlackRock's spot Bitcoin ETF, launched just over a year ago and has already ascended to the 34th-largest ETF globally. It manages $54.8 billion in AUM, roughly one-tenth the ...

Bloomberg’s Eric Balchunas says Bitcoin’s surge isn’t about retail revival — it’s ETF-driven, with institutional investors and low-fee convenience reshaping the crypto landscape.