Bitcoin BTC/USD Spot exchange traded funds The total amount of net investment in Bitcoin ETFs reached $243 Million on the 27th March.
The industry is gearing up to the Benzinga Future of Digital Assets Conference On Nov. 19, key participants are expected to gather to discuss latest trends, regulatory developments and the cryptocurrency space.
Grayscale’s IBIT falters, BlackRock shines
SoSoValue data shows that the average price of a car in America is about $2,500. BlackRock’s iShares Bitcoin Trust IBIT The star performer was the NASDAQ, with an inflow of 323 million dollars on a single day.
The positive response comes only weeks after BlackRock’s CEO Larry Fink He expressed his bullish view on Bitcoin and suggested that the approach of traditional financial institutions to cryptocurrency could change.
Conversely, Grayscale Bitcoin Investment Trust GBTC On the same day, there was a net outflow amounting to $299 millions.
The reason for this could be due to a number of factors including the competition from other new entrants such as IBIT, and investors looking for alternative investment vehicles.
Ark Invest collaborates with 21Shares ARK Innovation ETF ARKB The net flow of ETFs with thematic exposures to digital assets as well as disruptive innovations was $200 million.
Please Read This: Should You Invest in Altcoins Immediately or Wait? What experts say might surprise you
The Race for Ethereum ETF Heats up
Also in the spotlight is the race to create a Ethereum spot ETF for the United States.
Fidelity Digital Assets filed Form S-1 at the SEC recently for a proposed Ethereum Exchange Traded Fund that The staking function is included.
Bloomberg Analyst James Seyffart The company is cautious and predicts that this application round could be rejected in May.
BlackRock’s CEO is optimistic despite this skepticism.
The following is a list of the most popular ways to get in touch with someone. Even if SEC classes Ethereum ETH/USD As a financial, the launch of an Ethereum ETF is still possible.
BlackRock has made a statement reaffirming its commitment to Ethereum ETFs, and joining eight other issuers who are vying to get SEC approval.
Focus On Benzinga’s Future Of Digital Assets Conference
The Ethereum ETF is gaining in popularity and Bitcoin ETFs are experiencing a surge of interest. Benzinga Future of Digital Assets Conference The event on November 19 is a major one for the entire industry.
Participants can expect to hear insightful discussion on the regulatory landscape, new investment vehicles and digital assets.
Continue Reading: The 10x research says that this altcoin could yield 10X returns.
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