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Cryptocurrency News Articles
Bitcoin ETFs Surpass $100 Billion in Assets as Cryptocurrency Extends Rally
Nov 21, 2024 at 03:07 pm
The group of 12 Bitcoin ETFs from issuers including BlackRock Inc. and Fidelity Investments swept to the milestone 10 months after a January debut
Bitcoin ETFs now top $100 billion as cryptocurrency hits record highs
US exchange-traded funds investing directly in Bitcoin surpassed $100 billion in total assets Wednesday as the original cryptocurrency extended a record-breaking rally.
The group of 12 Bitcoin ETFs from issuers including BlackRock Inc. and Fidelity Investments swept to the milestone 10 months after a January debut, ranking them among the most successful fund category launches ever.
They recorded a $773 million net inflow on Wednesday as Bitcoin reached record highs, according to data compiled by Bloomberg. The original digital asset continued to push on toward the $100,000 mark on Thursday.
Bitcoin’s rise is fueled by optimism surrounding President-elect Donald Trump’s plans to foster the growth of the crypto industry in the US. Trump’s transition team has begun discussions over whether to create a White House post dedicated to digital-asset policy. The industry is pitching for the position — which would be the first of its kind in the US — to have a direct line to the president-elect, who is now one of crypto’s biggest cheerleaders.
“This price rally is being fed by the frequent pro-crypto news linked to the incoming Trump administration,” Caroline Bowler, chief executive officer of BTC Markets Pty said.
Bitcoin rose as much as 3.6% to a record high of $97,892 on Thursday, buoyed $5.8 billion in net inflows into the dedicated ETFs since US Election Day on Nov. 5. It has rallied over 129% in 2024, outperforming stocks, gold and other assets.
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- Sep 28, 2026 at 04:05 am
- XRP is at a critical juncture, testing traders' patience as it navigates between key support at $1.50 and formidable resistance at $1.61, with a decisive move potentially signaling a new market paradigm beyond Bitcoin's dominance.
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- Québec Warns Investors on Pump.fun as Launchpad Wars Heat Up: Navigating Regulatory Currents and Capturing Investor Interest
- Sep 28, 2026 at 03:55 am
- Québec's financial regulator issues a warning about Pump.fun's unauthorized solicitations, highlighting regulatory risks for investors, even as the broader crypto launchpad market experiences intense competition and shifts in revenue leadership.
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- Altcoin Market Momentum Surges Amidst Record Capital Inflows, Binance Trends Signal Shifting Investor Appetite
- Sep 28, 2026 at 03:55 am
- Analyzing recent altcoin market dynamics, this report highlights significant capital inflows and shifting trends on Binance, suggesting a potential peak in momentum.
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- HTX Unleashes 20x Leverage on New POLYMARKET/USDT and NIL/USDT Futures: High Stakes, Higher Risks
- Sep 28, 2026 at 03:55 am
- HTX has expanded its perpetual futures offerings with POLYMARKET/USDT and NIL/USDT, providing up to 20x leverage for eligible traders, a move that signals both opportunity and significant risk in the crypto derivatives market.
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- California Bans Meme Coins, Public Officials, Crypto-Related Regulation: A New Era of Accountability
- Sep 28, 2026 at 03:45 am
- California is cracking down on public officials issuing meme coins, signaling a significant shift in crypto regulation aimed at preventing conflicts of interest and protecting the public from speculative ventures linked to those in power.
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- Dormant Bitcoin Wallets Stir: On-Chain Data Reveals 1,971 BTC Movement, Sparking Intrigue in Bitcoin Wallet Activity
- Sep 28, 2026 at 12:05 am
- A Bitcoin wallet dormant since 2012 moved 600 BTC, part of a larger trend of dormant supply activating. On-chain data shows 1,971 BTC moved in two weeks, raising questions about market impact.
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- Gold Price Prediction: Analysts Eye $10,000 as PAX Gold Shows Tightening Trend
- Sep 27, 2026 at 08:05 am
- Gold price predictions are heating up, with one analyst forecasting a stunning $10,000. Meanwhile, PAX Gold, a token backed by physical gold, is showing a tightening trend on its weekly chart, signaling potential moves ahead.
