Latest news with #BitcoinTrust
Yahoo
15-07-2025
- Business
- Yahoo
Bitcoin's price rise is fueled by billions in traditional money coming from Wall Street
Bitcoin has surged over 25% year-to-date, reaching record highs above $122,000, fueled by massive inflows from Wall Street, including $85 billion from new Bitcoin ETFs over the last year or so. The influx of traditional capital is also reducing Bitcoin's volatility. The declining value of the U.S. dollar is helping too. Across the world, since the lows of April, equity markets have risen robustly, delivering a historic bull rally. The broad market S&P 500 is up 6.58% year-to-date. But that looks feeble next to Bitcoin, which made new record highs yesterday, cresting over $122,000 per coin. Bitcoin is down over 2% this morning as speculators lock in their gains, but the cryptocurrency is still up over 25% year to date. Interestingly, it hit that milestone with lower volatility than its historic record, according to research by Deutsche Bank. There are a bunch of reasons for this, of course, including the Trump Administration's regulatory support for crypto. But the fundamental cause of Bitcoin's rise is old-fashioned fiat cash coming in from the traditional finance sector, DB's Marion Laboure and Camilla Siazon wrote in a note seen by Fortune. The sums are staggering. There were $35 billion in inflows from new Bitcoin ETFs offered by Wall Street funds in 2024. There were $50 billion more inflows this year so far. 'Last Thursday alone saw a single-day inflow of $1.17bn into US Bitcoin ETFs,' the DB analysts say. BlackRock's iShares Bitcoin Trust alone holds $80 billion—it has only been in existence for 18 months. It took SPDR Gold Shares ETF 15 years to hit that level. The steady influx of traditional money has reduced Bitcoin's volatility—an asset that has on multiple occasions lost the majority of its value. 'This sharp increase via ETF inflows has helped with Bitcoin's liquidity and kept the crypto trading in a relatively tighter range compared to previous years,' Laboure and Siazon say. There's one other factor fuelling Bitcoin: The declining U.S. dollar. The dollar has lost nearly 10% of its value against foreign currencies this year on the DXY index. Investors are looking to store cash elsewhere. 'With the US signing their tax bill into law this month, effectively locking in deficits of 6.5% -7% of GDP for the next few years, we have started witnessing a de-dollarisation trend (the dollar index is down almost -10% YTD) pushing investors toward alternative assets like gold and Bitcoin,' the note says. Here's a snapshot of the action prior to the opening bell in New York: A Consumer Price Index update is due at 8.30 a.m. ET. The current rate is 2.4%, analysts expect a 0.3% increase to 2.7%. S&P 500 futures rose 0.31% premarket and the underlying index rose 0.65% yesterday. Hong Kong's Hang Seng was up 1.6% this morning. Japan's Nikkei 225 was up 0.55%. Stoxx Europe 600 added 0.3% in early trading. The UK's FTSE 100 was flat in early trading but poised to break through the 9,000 level for the first time. Bitcoin sank 2.56% to $116K. This story was originally featured on
Business Insider
13-07-2025
- Business
- Business Insider
Institutional Investors Push Bitcoin's (BTC) Price to All-Time High
A sharp increase in buying on the part of institutional investors is driving the price of Bitcoin (BTC) to new all-time highs. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The largest cryptocurrency by market capitalization has risen 4% in the past 24 hours to trade at just over $118,000, the latest all-time high reached in the past week. Bitcoin traded as high as $118,740 early on July 11 before pulling back to change hands at $118,135.14. Analysts say that the price of BTC is being driven sharply higher as a growing number of institutions join retail investors in buying Bitcoin. In particular, institutions are piling into Bitcoin exchange-traded funds, such as BlackRock's (BLK) iShares Bitcoin Trust (IBIT). On July 10, Bitcoin ETFs recorded their biggest day of inflows this year at $1.18 billion. Supportive Environment Despite the big move higher in recent days, analysts see more gains ahead for BTC, saying that the current environment remains supportive of cryptocurrencies. Expectations for a September rate cut from the U.S. Federal Reserve, the strong inflows into spot crypto ETFs, and bullish sentiment among retail investors should continue to drive the current rally. A growing number of futures traders are betting that Bitcoin's price will quickly surpass $120,000, while options traders are taking out bets on the price exceeding $130,000 by September of this year. Other cryptocurrencies are also marching higher, with the price of Ethereum (ETH) trading above $3,000 for the first time in four months. Is BTC a Buy? three-month performance. As one can see in the chart below, the price of BTC has risen 26.88% in the last 12 weeks.
Yahoo
02-07-2025
- Business
- Yahoo
SEC Issues New Crypto ETF Disclosure Rules
The Securities and Exchange Commission's Division of Corporation Finance issued new guidance Monday detailing disclosure requirements for crypto asset exchange-traded products, marking the regulator's most detailed framework yet for the crypto ETF market. The guidance addresses how federal securities laws apply to crypto ETFs, which are investment products that hold digital assets like Bitcoin or use derivative instruments tied to crypto prices, according to the statement. These products trade on national securities exchanges and are typically structured as trusts. The new guidance comes as crypto ETF interest has surged following Bitcoin and Ethereum ETF launches, including the iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA), with numerous filings now pending for smaller digital assets including Solana, XRP and Litecoin. The framework provides clarity for issuers navigating complex disclosure requirements while protecting investors in these emerging financial products. According to the statement, the Division observed common issues during reviews of crypto ETF filings and aims to help issuers understand specific disclosure requirements under the Securities Act of 1933 and Securities Exchange Act of 1934. The guidance requires issuers to provide detailed risk factor disclosures specific to crypto assets and markets, according to the statement. These must include risks related to price volatility, theft of private keys, hacking incidents and potential manipulation on crypto trading platforms. Custody arrangements receive extensive attention in the new requirements. Issuers must disclose storage policies for private keys, including whether they use cold, warm or hot storage methods, and explain who has access to private key information, according to the statement. The guidance also mandates disclosure about underlying crypto assets and their associated networks. This includes information about how digital assets are generated, the consensus mechanisms used and any fees associated with network usage, according to the statement. Service provider relationships must be thoroughly documented under the new guidance. Issuers must identify authorized participants who facilitate share creation and redemption, describe material contract terms and file these agreements as exhibits to registration statements. Fee structures require clear explanation under the guidance. Issuers must detail how sponsor fees are calculated, which expenses are covered and any arrangements for paying fees using the trust's crypto asset holdings. The statement addresses voting rights and securities descriptions, requiring issuers to explain circumstances under which shareholders can vote and any limitations on those rights. Financial reporting receives specific treatment for multi-series trusts. The SEC requires separate financial statements for each individual series in addition to consolidated trust statements, according to the | © Copyright 2025 All rights reserved Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Arabian Post
02-07-2025
- Business
- Arabian Post
Bitcoin ETF Fees Eclipse S&P 500 For First Time
BlackRock's iShares Bitcoin Trust has overtaken its flagship S&P 500 ETF, IVV, in annual fee revenue, marking a significant shift in investor interest. IBIT now generates approximately $187.2 million a year, edging ahead of IVV's $187.1 million—remarkable given IBIT's substantially smaller asset base and higher fees. Since launching in January 2024, IBIT has attracted roughly $52 billion in net inflows—nearly 96% of all capital entering U.S. spot Bitcoin ETFs—and now accounts for more than 55% of the category's assets. Its success has propelled assets under management to around $72–75 billion, with the fund achieving the fastest-ever climb to $70 billion in just 341 trading days. The rapid accumulation reflects shifting institutional sentiment. Analysts note that investors are increasingly willing to pay premium fees—IBIT charges 0.25% versus IVV's mere 0.03%—for access to Bitcoin exposure within trusted regulated vehicles. Nate Geraci, president of the ETF Store, said the milestone 'reflects both surging investor demand for Bitcoin and significant fee compression in core equity exposure'. ADVERTISEMENT While fee revenue for IBIT now tops IVV, critics caution that underlying volatility in Bitcoin has diminished, bringing it closer to traditional equity benchmarks. ETF analyst Eric Balchunas noted that IBIT's volatility—once over five times that of equities—has softened significantly, attributing this partly to institutional scale and maturing market dynamics. IBIT is also directing the vast majority of new capital entering spot Bitcoin ETFs. Over the past 15 trading days, U.S. spot Bitcoin ETFs have drawn nearly $5 billion in inflows; IBIT alone captured more than 80% of this flow, including $112 million on the final trading day of June. Its individual inflow streak totalled $3.8 billion before plateauing. Despite its dominance, IBIT has not been immune to market fluctuations. Bitcoin-related ETFs experienced a $342 million outflow in a single day, ending a 15-day positive run. That pause included IBIT seeing no inflows that day, although analysts like Valentin Fournier at BRN Lead Research cautioned it may reflect a temporary cooldown rather than a shift in sentiment. BlackRock's success with IBIT is emblematic of broader trends identified by financial research. According to S&P Global, appetite for digitally‑focused funds remains robust, particularly where institutional frameworks offer clarity and accessibility. The Financial Times highlighted that active ETFs—especially crypto and options‑focused products—are capturing disproportionate fee income relative to passive counterparts, driven by higher demand and pricing flexibility. Regulatory stability since January 2024 has facilitated IBIT's ascent, making it easier for large-scale investors to allocate to cryptocurrency via mainstream platforms. This institutional flow has, in turn, helped reduce price volatility in Bitcoin itself, narrowing the gap with traditional ETFs. Yet questions persist about longevity. IBIT's future depends on sustaining investor interest amid macroeconomic shifts and evolving competition. Emerging Bitcoin ETFs from competitors like Fidelity's FBTC and Ark Invest's ARKB are gaining attention, though they trail IBIT significantly. Institutional scrutiny also remains vigilant, focused on fund liquidity, asset custody, and regulatory compliance. BlackRock is expanding its digital asset strategy beyond the U.S., with plans to introduce a bitcoin ETF in Europe, potentially domiciled in Switzerland, contingent on MiCA framework compliance. BlackRock's benchmark S&P 500 ETF, IVV, retains its massive $600+ billion in assets. Though still the industry cornerstone, its fee income has been outstripped for the first time—by a product founded on the dynamic, historically volatile Bitcoin market. The shift underscores a pivotal moment in ETF evolution, as Bitcoin transitions from niche digital asset to mainstream portfolio inclusion.
Arabian Post
16-06-2025
- Business
- Arabian Post
Stock market information for Grayscale Investments LLC
Grayscale Investments LLC is a fund in the USA market. The price is 82.83 USD currently with a change of -1.33 USD from the previous close. The latest trade time is Monday, June 16, 17:15:21 +0530. Grayscale Expands Bitcoin Holdings with $1.05 B Investment Grayscale Investments has acquired an additional 10,100 BTC, spending approximately $1.05 billion at an average rate of $104,080 per coin, boosting its total holdings to 592,100 BTC, with an average acquisition price of roughly $70,666 per coin. This move aligns with the firm's year-to-date BTC return, which sits at 19.1 per cent. ADVERTISEMENT The company now holds Bitcoin valued at approximately $41.84 billion, underpinning its reputation as one of the world's largest institutional holders. Market watchers have noted that Grayscale's significant expansion at this price point reflects confidence in Bitcoin's current valuation and medium‑term outlook, even amidst broader cryptocurrency volatility. This accumulation comes as institutional appetite for Bitcoin evolves. Grayscale, which transformed its Bitcoin Trust into a spot ETF via its GBTC product, continues to command a substantial fee structure—1.5 per cent—that supports yearly revenues exceeding $268 million, despite competitors offering cheaper options. The premium yield underscores its established presence and the loyalty of seasoned investors bound by legacy holds, tax considerations and brand trust. Earlier this year, Grayscale launched the Bitcoin Mini Trust with a far lower fee of 0.15 per cent, explicitly targeting cost-sensitive investors. The mini‑trust currently holds around 43,572 BTC under management. Despite attracting inflows, its impact on Grayscale's total AUM remains modest relative to the flagship GBTC. Analysts suggest that Grayscale's dual‑product strategy allows it to hedge against fee‑driven outflows while maintaining revenue through GBTC's premium fee structure. Its sizeable Bitcoin accumulation adds weight to this approach. As one strategist remarked, institutional investors often exhibit inertia from legacy holdings and taxable events, making high‑fee products persistent revenue generators. This latest purchase follows Grayscale's broader pattern of capitalising on dips in Bitcoin price, reinforcing its average cost basis. With Bitcoin hovering near $105,000, this strategic buy expands holdings while keeping average cost significantly lower, positioning the firm favourably for market swings. The acquisition also contrasts with broader market behaviour. Other institutions, particularly newer spot ETFs like those from BlackRock and Fidelity, have recorded substantial inflows thanks to much lower fees—commonly around 0.25 per cent—but display less aggressive accumulation strategies. Their collective AUM exceeds $100 billion, yet individually their daily volume and yields trail Grayscale's monumental revenue draw. Grayscale's current average buy price—$70,666—reveals a long‑term investment horizon and deep conviction in Bitcoin's trajectory. This cost average gives Grayscale a comfortable buffer versus price dips, which in turn sustains its willingness to deepen its position at current price levels. As volatility returns to crypto markets, Grayscale's scale and cost discipline may offer smoother entry and exit tactics. Market responses to the latest move have been mixed. Proponents argue that institutional accumulation of this magnitude is bullish for sentiment and price stability. Critics caution that such centralised concentration exposes Grayscale to regulatory and enterprise risk. Regulatory scrutiny remains a key consideration. As one of the first and largest Bitcoin spot ETPs in the US, Grayscale continues to navigate evolving SEC policies, compliance obligations and heightened operational transparency. Its ability to sustain growth depends on navigating these frameworks while differentiating GBTC and BTC in a crowded ETF market.
