For the first time since spot bitcoin ETFs were launched, Grayscale's Bitcoin Trust ETF (GBTC) saw a daily net inflow on Friday (of $63 million)...Source: BloombergGBTC has dominated the outflows…
Authored by Vivek Sun via Bitcoin Magazine,
Fidelity, a major financial services firm, says pension funds are starting to explore investing in Bitcoin, particularly after the approval of spot Bitcoin exchange-traded funds earlier this year…
Fidelity has been bullish on Bitcoin for years, launching its Digital Assets branch in 2018 and bringing a successful Bitcoin ETF to market earlier this year. The firm's ETF attracted significant capital compared to (more…)
Proponents of gold and bitcoin often hail from the same ideological background: Austrian economists, dollar bears, Libertarians tired of State manipulation of fiat currencies and, generally, the anti-Fed crowd. Yet shared principles have not eased the age-old rivalry between the two assets.
Relative to Bitcoin, gold lost considerable value last year, only to rebound somewhat in the last month amid a flood of Chinese institutional and retail buying. However, as Benjamin Graham said: “In (more…)
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