Gemini’s Post

⏰ Last chance to register for our upcoming webinar, 'All Things Ether'! Join us on June 27 at 11 am EST, covering all things ether, from how it differs from bitcoin to ether staking and its potential in your portfolio. 🔗 Register here: https://lnkd.in/gv79srt8 Hosted by Purpose's own Greg Taylor and Vlad Tasevski, CFA, along with Gemini's Patrick Liou, CFA, topics will include: • The ether investment opportunity • How to use ether in your portfolio • Ether ETFs: how they work and their history • The impact of pending SEC approval of US spot ether ETFs • What is ether staking

Today's launch of the bitcoin ETF is making history. The markets are trading at some of the highest levels on record for day one—Day one data via Bloomberg Terminal. Learn more about $ARKB: https://bit.ly/21ARKB View the $ARKB Prospectus: https://bit.ly/ARKBpros

Nine new spot bitcoin ETFs amass over 100,000 BTC in seven days of trading: These ETFs are BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Ark 21Shares (ARKB), Invesco (BTCO), VanEck (HODL), Valkyrie (BRRR), Franklin Templeton (EZBC), and WisdomTree (BTCW). BlackRock’s spot bitcoin ETF (IBIT) leads with 40,213 in holdings, according to data from K33 Research. Fidelity’s FBTC spot bitcoin ETF has the second-highest bitcoin under management among the new funds at 34,152 BTC. #btc #btcetf #blackrock

As the cryptocurrency landscape evolves with the introduction of the Bitcoin ETF, we stand at a critical juncture that tests our understanding of blockchain's long-term impact. This is a call to action for those who believe in the enduring power of technology: are you prepared to make your strategic move in this transformative era? 🎧 Tune in the 18th of January on Blockworks Webinar to hear out CEO, Jesper Johansen and Gregory Benhaim, CFA talk about what happens next... 👀 #northstake #3iq #blockworks

The world's eyes are on #web3 this week! Check out Jess Houlgrave's interview with BNN Bloomberg to understand what the spot Bitcoin ETF means for our industry. https://lnkd.in/eM3CNNEg

This week’s discussion is led by Clement Tan on different redemption models of US Spot BTC ETF and Hong Kong Spot BTC ETF that were recently approved. – The cash redemption model creates a lengthier process where market makers receive cash equal to the amount of Bitcoin represented by their ETF shares – In contrast to in-kind redemption where the market makers sends ETF shares back to the ETF issuer and in return, they receive Bitcoin (BTC) directly Each models has implications for liquidity, market efficiency, and investor experience https://lnkd.in/gdVNwmMU #btc #spot #etf

The SEC approved all applications for the issue of an ETF for bitcoin. So I think: - Now ETF funds will be able to attract money from large traditional investors to this type of assets. This should add liquidity and give an increase in capitalization (over time). - Bitcoin is no longer marginal, but a well-respected financial instrument. - This is another step towards recognizing bitcoin as a reserve asset of the Central Bank. But it's still a long way to go - This solution will allow you to more actively develop and improve Bitcoin technology, as developers will receive more money.

Since BTC ETFs were approved by the SEC last Thu, BTC/USD has fallen. Why? One possibility is that the price is being driven by short term investors "selling the news". Another possibility is that investors in the Grayscale Bitcoin Trust (GBTC) are selling now that they are no longer locked in following GBTC's conversion to an ETF. Data from Bloomberg shows that GBTC flows were the largest amongst the ETFs, with $2.3 billion on the first day of trading