This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational differences that investors should know.
A wave of crypto ETF filings is hitting the market as exchanges push for streamlined approval standards. Nate Geraci of NovaDius Wealth Management and Matt Kennedy of Renaissance Capital explain how regulatory tailwinds and record inflows into bitcoin and ether funds are driving momentum.
When Bitcoin ETFs finally launched in the U.S., many assumed hedge funds and proprietary trading shops would dominate ownership. For a time, they did, using ETFs for basis trades, arbitrage, and short-term positioning.
It's no secret that when investors are considering which ETF to add to their portfolio, expense ratios tend to be a factor. This should not come as a particular surprise.
ARKB provides investors with full exposure to Bitcoin with the additional feature of Bitcoin cold storage. Bitcoin cold storage can provide an extra layer of security, keeping bitcoin holdings offline in a secured vault. Bitcoin may be supported by new legislation designed to support security and privacy for cryptocurrency.
Bitcoin's record $118K high boosts demand for top ETFs like IBIT, FBTC, GBTC, ARKB and BTC amid macro and regulatory tailwinds.
Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions.
Bitcoin briefly rose above $112,000 to a record high Wednesday afternoon. However, the rally may stall if the trade tensions intensify, according to some analysts.
Bitcoin's transparent yet anonymous blockchain is at the base of its potential as a global reserve asset, balancing traceability and privacy for long-term holders. On-chain data shows declining exchange balances and stable active addresses, supporting my thesis that Bitcoin is increasingly held for long-term reserve purposes. Ownership analysis reveals about 40% of Bitcoin is traceable, with significant institutional and government holdings, but risks remain from unknown or dormant wallets and some of my assumptions.
ESB Professional / Shutterstock.com Plus, according to Morningstar.com, “Splits matter – because these stocks outperform after the announcement, by a lot.
Bitcoin has proven itself as a store of value, diversification tool, and monetary hedge, especially in today's macro environment. Recent price action shows Bitcoin outperforming stocks even amid higher yields, signaling a fundamental shift in its market behavior. With US debt at unsustainable levels, monetary inflation is likely, making Bitcoin an essential hedge against fiscal irresponsibility.
At the start of 2024, the digital currency traded at $42,280. Today, it's up to $111,166 and could easily run even higher.