Tag Archives: Crypto

Spot Bitcoin ETFs Accumulate Over 548,000 BTC in 128 Days

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According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), have acquired 548,556.62 BTC from the market over the past 128 days. This acquisition means these ten newly introduced spot bitcoin ETFs collectively hold 2.78% of the crypto asset’s current circulating supply. Besides Grayscale’s …

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JPMorgan Highlights Risks in Crypto Markets Amid Subdued Venture Capital Flows

JPMorgan Sees Limited Upside for Crypto Markets

JPMorgan’s latest report expresses concerns about subdued venture capital flows impacting cryptocurrency markets and discusses the uncertain future of spot ethereum ETFs. Analysts provide insights into the potential classification of ether and maintain a cautious yet long-term optimistic outlook on regulatory approvals. JPMorgan, a leading global investment bank, released a …

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