U.S. spot Bitcoin ETFs took in $526.7 million on Monday, their biggest day since Sept. 22. BlackRock's IBIT supplied all of it while Fidelity and Grayscale funds bled.
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FINMA waived the diversification rules for the fund but leaned hard on custody and investor-protection safeguards.
J.P. Morgan Asset Management's first long-term bitcoin forecast projects a 10% annual return but flags 55% volatility as a barrier to portfolio adoption.
Bitcoin trades just below $83,000, above both the short-term and long-term moving averages. Here are the levels traders are watching.
The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount.
COMP also led both benchmarks over seven and 28 days, while Compound’s total value locked remained below its late-September level.
Bitcoin Magazine Bitcoin Could Outperform Most Assets, JPMorgan Says — But the Bank Still Won’t Recommend It The bank has said bitcoin could do better than stocks and bonds over the...
