Spot Bitcoin ETFs reach $37B in AUM, roughly one-third of gold ETF assets
One analyst says BTC ETFs could outpace gold ETFs sooner than expected.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
BlackRock's total inflows are set to surpass $5 billion once trading closes for the day, bringing its Bitcoin hoard to a little over 96,669 BTC.
The sale is poised to inject substantial liquidity into Genesis, which has been navigating through financial complexities.
Gensler's assertions sparked a rebuttal from CNBC host Joe Kernen, who championed Bitcoin's decentralized ledger as a foundational feature that bolsters its integrity and appeal.
Wood said she would be "surprised to see" anything else approved.
Galaxy's Steve Kurz also predicted 75% odds of approval by the end of 2024.
The SEC is expected to decide on existing applications in May.