Bitcoin ETFs

Wall Street's growing appetite for Bitcoin ETFs was back in focus Tuesday after an SEC filing showed Goldman Sachs holds more than $1 billion in the cryptocurrency through spot Bitcoin funds, including BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) and Fidelity's Wise Origin Bitcoin Fund (BATS:...

On Tuesday, Cathie Wood's Ark Invest leaned further into its high-conviction crypto bet, adding exposure to the ARK 21Shares Bitcoin ETF (BATS:ARKB) even as Bitcoin (CRYPTO: BTC) prices struggled to hold gains during recent volatile U.S. trading sessions and investors weighed fresh regulatory...

On Thursday, Cathie Wood-led Ark Invest made significant trades, including selling shares of Tesla Inc. (NASDAQ:TSLA) , Meta Platforms Inc. (NASDAQ:META) , and buying ARK 21Shares Bitcoin ETF (BATS:ARKB). These moves come amid evolving market conditions and strategic shifts in the tech and crypto...

Nasdaq's International Securities Exchange wants BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) to be treated like Apple Inc (NASDAQ:AAPL), Nvidia Corp (NASDAQ:NVDA) and the SPDR S&P 500 ETF (NYSE:SPY). And it's making no secret of it, a new filing with the U.S. Securities and Exchange...

Matej Zak, CEO of hardware wallet company Trezor, called the rise of Bitcoin (CRYPTO: BTC) exchange-traded funds and corporate treasuries a "double-edged sword" as they bring in fresh money to the market but also weaken some of BTC's core ideals. It’s A Pity, Says Zak Speaking with Benzinga...

FBI Director Kash Patel was asked about two stocks he bought earlier this year by a member of Congress on Wednesday and gave a surprising answer. The transactions come as members of Congress are working on legislation to ban lawmakers and cabinet members from buying and selling stocks. DNUT shares...

Design company Figma (NYSE:FIG) has filed for an IPO and, along with sharing impressive revenue figures and year-over-year growth, the company's investments in Bitcoin (CRYPTO: BTC) are making headlines. What Happened: Figma is set to go public on the NYSE under the ticker FIG and will come to the...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) topped the $109,000 mark on Tuesday and pushes closer to new all-time highs. A new Benzinga poll predicts whether Bitcoin will hit new all-time highs before the end of the year or if May's $111,970.17 level is the highest investors will see in 2025. What...

The digital asset landscape is experiencing a significant surge, with Bitcoin (CRYPTO: BTC) exchange-traded funds emerging as a pivotal force driving institutional adoption. What Happened: David LaVall, the global head of ETFs at Grayscale Investments, told Benzinga that the introduction of spot...

So far, cryptocurrency is not outlined in the proposed P.E.L.O.S.I. Act, a bill that would ban members of Congress from buying and selling stocks, options and ETFs. Benzinga recently broached the subject in a reader poll. "Should members of Congress be allowed to invest in cryptocurrency?" we asked...

A senator who bought shares of a Bitcoin (CRYPTO: BTC) ETF before President Donald Trump announced an Executive Order to establish Strategic Bitcoin Reserves has added more shares to his portfolio, bringing his total bet on Bitcoin up to the $375,000 to the $850,000 range since February. What...

Trump Media and Technology Group Corp. (NASDAQ:DJT) announced a partnership with cryptocurrency exchange Crypto.com Monday to introduce a series of exchange-traded funds. What Happened: The non-binding agreement will facilitate the launch of ETFs under the Truth.Fi brand, a...

Direxion CEO Douglas Yones shared some insights with Benzinga on how cryptocurrency and commodities could benefit from ongoing macroeconomic uncertainties. Despite traditional markets facing instability, Yones is optimistic about cryptocurrency's continued rise — especially Bitcoin (CRYPTO: BTC)....

Spot Bitcoin (CRYPTO: BTC) ETFs, which hit the 1-year mark last week, had a banner first year transforming the Bitcoin market and bridging crypto with traditional finance. Approved by the Securities and Exchange Commission on Jan. 10, 2024, and hitting the market the following day, the total net...

Bitcoin (CRYPTO: BTC) broke new ground in 2024 with the launch of its spot exchange-traded products (ETPs). According to JPMorgan analyst Kenneth B. Worthington, the impact was game-changing. From institutional adoption to market expansion, crypto's TradFi marriage reshaped the financial landscape—...