Tag: purpose bitcoin etf

Jun 22 2022

Crypto AuM at lowest point as investors buy the Bitcoin dip

Crypto investment products saw $39 million in outflows during the week of June 13, bringing the value of assets under management (AuM) in the industry to $36 billion — its lowest point since February 2021, CoinShares reported. According to the report, the bearish sentiments among investors may be nearing their peak as Short Bitcoin recorded outflows of $5.8...

Jun 01 2022

Canadian Purpose Bitcoin ETF sees inflow despite market dip

Jun 01 2022 Published at Coinscreed under tags  canadians news purpose bitcoin etf

Over the previous five trading days, the Canadian Purpose Bitcoin ETF, which was established in February 2021, has seen sustained inflows. According to Jan Wustenfeld's Glassnode data, the Canadian Purpose Bitcoin ETF assets have climbed to 43,701.7 BTC as of May 31. That's the highest it's ever been. On May 26 and May 31, the […] The post...

May 13 2022

Just-In: Canadian Bitcoin ETF Records Largest Single Daily Purchase Of Over $2 Billion

Canadian exchange-traded fund, Purpose Bitcoin ETF purchased a whopping 6.9k BTC just yesterday, recording its biggest Bitcoin purchase of over $2 billion in a day by a massive margin as revealed by data from blockchain information provider Glassnode. Prior to this, the largest daily inflow was around 2.9k BTC. Total AUM for Purpose Bitcoin ETF...

Mar 25 2022

Bitcoin at $44.9k as ETFs touch new highs, altcoins continue green rampage

After enduring a rocky start to the year, Bitcoin’s price in recent weeks has made a startling resurgence which has culminated in the value of the asset reaching as high as $44.9k in the early trading hours of today. Since the asset climbed above the $40k level around last week, it has steadily maintained the price as it appears that the bull...

Jun 14 2021

Canada’s Purpose Bitcoin ETF Continue Systematic Accumulation Over Last Month’s Price Decline

Jun 14 2021 Published at Coingape under tags  bitcoin news bitcoin whales btcbrl btcbusd btc.d

The Bitcoin (BTC) price is up 12% today aiming to surge past $40,000...

Mar 22 2021

Why Bitcoin (BTC) Valuations Might Never Go Under $1 Trillion Again

Bitcoin (BTC), the world's largest cryptocurrency has shown some volatility in the last two weeks slipping below $54,000 levels twice. However, it has bounced back strongly and is looking forward to breaking past its...

Mar 11 2021

Purpose Bitcoin ETF Accumulates 1000+ BTC in Past Week, Total BTC Holding Worth Nears $700M

The first North American Bitcoin ETF launched by Purpose Group is receiving a phenomenal response as it added another 1022 BTC to its list in the past 4 days, taking its total bitcoin holding to 12467 BTC worth $690 million....

Mar 02 2021

BTC Up 6% Above $49K, Fidelity Director Calls It Digital Gold, CBOE Applies for Bitcoin ETF

In a strong crypto market recovery, Bitcoin (BTC) has surged 6% today making its way to above $49,000 levels. At press time, BTC is trading at a price of $49,147 with a market cap of $916 billion. On Monday, March 1,...

Feb 26 2021

Despite Bitcoin (BTC) Correction Exchange Outflows Continue, Will BTC Dip Further?

Once again, the cryptocurrency market is in a deep-red situation. Bitcoin (BTC) has tanked over 8% today moving to $46,000 following a strong global market correction in a...

Feb 25 2021

Feb 24 2021

First North American Bitcoin ETF Acquire 1,032 BTC in a Day as BTC Price Rise Above $51K

Feb 24 2021 Published at Coingape under tags  bitcoin etf bitcoin news btcbrl btcbusd btcdai

The first North American Bitcoin ETF launched by Purpose Group has seen tremendous growth over...

Bitcoin (BTC) Back Above $50K As Purpose Bitcoin ETF & Square Inc Buy The Dips

Feb 24 2021 Published at Coingape under tags  bitcoin news bitfinex btcbrl btcbusd btcdai

After tanking sub $46,000 levels on Tuesday, February 23, Bitcoin (BTC) has registered a strong 10% pullback and is once again above $50,000. It turns out big market players have been once again buying the Bitcoin (BTC) dips...

Feb 22 2021

Swedish Regulator FSA Warns Companies Selling Bitcoin ETFs to Average Customers

Just as Bitcoin (BTC) price continues to make new highs every passing day, investment firms across the world are working on introducing Bitcoin exchange- traded-funds (ETFs) to the market. Pulling the regulatory strings, Swedish financial...

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