Today, 8 spot Bitcoin ETFs increased their holdings of nearly 15,000 BTC, while Grayscale reduced its holdings of 2,223 BTC.
Lookonchain monitoring data shows that 8 spot Bitcoin ETFs added 14,934 BTC (approximately $940 million) today, while Grayscale's GBTC only reduced 2,223 BTC (approximately $139.8 million). BlackRock increased holdings by 10,140 BTC, approximately $638 million, and Fidelity increased holdings by 4,066 BTC, approximately $255.9 million.
Executive Director of Victory Securities: The Hong Kong Securities and Futures Commission has received a large number of spot Bitcoin ETF applications
According to Kennix Chan, Executive Director of Victory Securities, Golden Finance reported that the Hong Kong Securities and Futures Commission has received a large number of applications for spot Bitcoin ETFs in the past few months, and Hong Kong's Bitcoin ETFs are showing good signs.
U.S. SEC considers allowing Bitcoin ETFs and related trust options to be listed and traded
The US Securities and Exchange Commission (SEC) has announced a proposal from NYSE American LLC to amend Rule 915 to allow options trading for Bitcoin ETFs, Grayscale Bitcoin Trust (GBTC), and any trust holding Bitcoin. This move aims to provide investors with more opportunities to gain exposure to the Bitcoin market and serve as a hedging tool to meet investment needs while maintaining the same trading rules and procedures as existing ETF options. The SEC will make a decision within 45 days after the notice is issued, which may be extended to 90 days.
21Shares Integrates Chainlink Proof of Reserve to Increase Transparency of ARK 21Shares Bitcoin ETF ARKB
We chose Chainlink as our preferred decentralized computing platform due to its proven history of enabling $9T+ in total value for decentralized markets and securely delivering 11.8B+ data points onchain. Additionally, Chainlink Proof of Reserve is our recommended service for tokenized asset issuers looking to bring reserve data onchain because of its ease of integration and ubiquitous adoption across the blockchain ecosystem.
BlackRock Spot Bitcoin ETF IBIT Position Value Exceeds $8 Billion
Official updates from BlackRock show that as of February 27th, iShares Bitcoin Trust (IBIT) holds 141,396.4531 bitcoins, worth over $8 billion and $153,999.92 in cash.
Bitcoin ETF total assets under management exceed $40 billion
According to Coinglass data on February 28th, the total assets under management of Bitcoin ETFs reached $40.896 billion. The top three Bitcoin ETFs by assets under management are:- GBTC with assets under management of $25.305 billion - IBIT with assets under management of $6.649 billion - FBTC with assets under management of $4.732 billion.
South Korea and US to Discuss NFTs and Bitcoin ETFs in Evolving Landscape of Digital Finance
The South Korean Financial Supervisory Service (FSS) and the US Securities and Exchange Commission (SEC) are set to discuss the inclusion of Bitcoin ETFs and non-fungible tokens (NFTs) within the realm of virtual assets. This marks a pivotal moment in the realm of virtual finance, highlighting the evolving landscape of digital finance and its regulatory challenges. The exclusion of NFTs from the scope of virtual assets under the forthcoming Enforcement Decree of the Virtual Asset Act in South Korea reflects a cautious approach driven by perceived low market risks, but escalating prices and speculative fervor surrounding NFTs have spurred calls for their formal recognition as tradable assets. The outcomes of these deliberations are poised to shape the future trajectory of virtual finance.
U.S. Spot Bitcoin ETF saw net inflows of more than $23,230 on February 24
According to BitMEX Research data, the net inflow of funds for the US Bitcoin ETF exceeded $23,230 on February 24th. Among them, the outflow of funds from Grayscale GBTC was $440 billion, the lowest level since January 11th.
Canada’s Purpose Bitcoin ETF has seen nearly 5,000 BTC outflows since the launch of similar U.S. ETFs
According to HODL15Capital data, Canadian investors sold 199 BTC again through the Purpose Bitcoin ETF yesterday, and have sold 604 BTC in the past 7 days. Since the launch of the US Bitcoin spot ETF, nearly 5000 BTC have been sold.
BitMEX Research: Bitcoin ETF saw net outflows of $35.7 million on February 21
According to BitMEX Research data, on February 21, all Bitcoin ETFs had a net outflow of $35.7 million.
