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Bloomberg Senior ETF Analyst Eric Balchunas said BlackRock is “gaga” when it comes to its highly-successful spot bitcoin ETF.BlackRock’s spot bitcoin fund accounts for 24% of the firm’s total ETF flows globally, according to the analyst.
Founders Fund has made a “strategic long-term investment” in Alliance. The venture capital firm has taken a minority stake in Alliance, Alliance co-founder Imran Khan told The Block.
A total of six crypto-based spot ETFs will begin trading in Hong Kong beginning April 30.Initially, three spot bitcoin and three spot ether ETFs are officially approved to launch at the end of the month.
Popular bitcoin payments app Strike has launched its long-awaited services to eligible customers in Europe. Strike’s “Send Globally” feature allows users to make fast and low-cost local currency remittances using Bitcoin’s Lightning Network.
After the recent fourth halving event, analyst firm Glassnode says bitcoin has surpassed gold in terms of issuance scarcity.Bitcoin has held above the $66,000 mark over the past 24 hours, according to The Block’s Price Page.
- 17:32Bitcoin rose more than 36% in November, the fourth best month since October 2021Bitcoin's November gain of over 36% would be the fourth best performing month since October 2021, just below February 2024 (44%), January 2023 (40%) and October 2021 (40%). On a quarterly basis, Bitcoin is up 51% in the current quarter, with December still some way off. The current market structure for Bitcoin is similar to the fourth quarter of 2020, which saw strong green growth in October and November and a correction during Thanksgiving 2020, when the Bitcoin bull market began.
- 17:31Opinion: DOGE ETF Filing ‘Definitely’ HappeningAlexander Blume, CEO of Two Prime Digital Assets, said the DOGE ETF application is ‘definitely’ going to happen, arguing that with the outstanding success of the BTC ETF, startup financial firms will be looking to create any product that is likely to be successful, although whether or not it will be approved is another matter. approval is another matter.
- 17:30ETH falls below $3,600, down 0.38% on the dayThe market shows that ETH has just fallen below $3,600 and is now at $3,599.99 per coin, down 0.38% on the day.
