Moody's Analytics: Big Asset Managers Ready to Buy More BTC Ahead of Spot Bitcoin ETF Launch

12/06 03:42

Wechat scan to share

Yiannis Giokas, Senior Managing Director of Moody's Analytics, conducted an in-depth analysis of the factors behind the recent surge in Bitcoin prices. Giokas stated that the biggest driving force behind the surge in Bitcoin prices may be the number of applications for spot Bitcoin ETFs, which are expected to be approved by the SEC in January. Competition to launch these tools is heating up, with large asset management companies ready to buy more BTC before the launch of spot Bitcoin ETFs in order to provide ETFs to retail and institutional investors.

Comments

All Comments

Recommended for you

Francisco Memoria · 03/20 09:34

Coinbase Sold 12,652 ETH in the Fourth Quarter, Standard Chartered Says

Standard Chartered’s Geoffrey Kendrick said Base’s profits led to Ethereum sales rather than long-term accumulation, a claim dismissed by the crypto exchange.
Coindesk · 03/20 09:17

Bitcoin Traders Seek Topside Option Plays After Powell's Transitory Inflation Remark, Ether Still Lags in Sentiment

The Fed retained forecast for two rate cuts Wednesday, with Powell calling the inflationary impact of Trump's tariffs transitory.
cointelegraph · 03/20 09:11

Beware of ‘cracked’ TradingView — it’s a crypto-stealing trojan

Scammers are posting links to malware-ridden software disguised as a free version of TradingView Premium on Reddit.
BRAYDEN LINDREA · 03/20 07:02

US recession would be a big catalyst for Bitcoin: BlackRock

Bitcoin would be a big winner from a potential US recession as it’s built to thrive in a high fiscal spending, low interest rate environment, says a BlackRock executive.
BRAYDEN LINDREA · 03/20 05:48

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

The Solana Labs CEO says the controversial advertisement was “gnawing at [his] soul“ and promises Solana will stay out of “cultural wars.”
Coindesk · 03/20 05:44

First Solana Futures ETF To Hit Markets This Week

The products are a significant step forward for the approval of a spot Solana ETF.
Tom Fenske · 03/20 03:32

What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate

Whatever is good for CoreWeave is probably good for Core Scientific, but the IPO might not be the most important recent development.
Krisztian Sandor · 03/20 03:05

Dubai Starts Real Estate Tokenization Pilot, Forecasts $16B Market by 2033

The Dubai Land Department's initiative aims to expand access and transparency for property investments using blockchain rails.
Krisztian Sandor · 03/20 03:01

Fed Holds Rates Steady, Cuts Growth Outlook, Raises Inflation Forecast

The U.S. central bank continues to expect the fed funds rate to end 2025 at 3.9%, or roughly two rate cuts by year-end.
PermaDAO · 03/20 02:24

PermaDAO#109 | Aolotto Receives $1500 PermaDAO Grant | 3.8 - 3.14

AO ecosystem continues to make significant progress, with key developments such as $AO listing on Gate, the launch of PI, and more.