US-listed cryptocurrency stocks experienced a significant surge on Monday, following Republican presidential candidate Donald Trump’s outspoken support for Bitcoin and his promise of a more favorable regulatory environment for the industry. Shares of Coinbase, a …
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Michigan State Pension Fund Invests $6.6 Million in Bitcoin ETF
The State of Michigan Retirement System (MSRS), which manages a significant portion of pension fund assets for state employees, has made a $6.6 million investment in the ARK 21Shares Bitcoin ETF (ARKB.Z), according to a …
Continue readingBitcoin ETFs Surge Past $16 Billion, Ethereum ETFs on the Horizon
Bitcoin ETFs are experiencing a record-breaking year, attracting over $16 billion in investments, far exceeding initial projections. Daily investments have surged to $300 million, pushing the weekly total to a staggering $1 billion. This surge …
Continue readingBitcoin ETF Inflows Highlight Strong Investor Confidence Despite Recent Price Fluctuations
Despite recent price fluctuations, investor interest in Bitcoin remains strong, as evidenced by significant inflows into U.S.-listed Bitcoin ETFs, according to Binance CEO Richard Teng. Over the past six months, these ETFs have attracted over …
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