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BlackRock IBIT is Most Popular BTC Spot ETF on Robinhood.

BlackRock IBIT blockchain btc etf Robinhood cathie wood ark (SpotedCrypto)

The BlackRock Bitcoin Spot ETF (IBIT) is the most popular fund among the 11 BTC spot ETFs available on the crypto trading app Robinhood, according to The Block. Steve Quirk, chief brokerage officer at Robinhood, said: "Clients are looking for the most cost-effective products to add to their portfolios. Grayscale's GBTC is currently experiencing outflows due to high fees, while other products are seeing inflows. We've seen 33% of our clients sell some of their holdings to buy BTC Spot ETFs. Grayscale, BlackRock and Fidelity products account for more than 90% of all BTC spot ETF trading volume.

Meanwhile, Ark Investments CEO Cathy Wood recently told Brazilian media outlet Infomoney that she believes bitcoin will play the same role as "gold" in the future. "Bitcoin is going to be an alternative to traditional currencies. It could play an important role in emerging markets, especially as a hedge against unstable monetary and fiscal policies. The day when the bitcoin price reaches $1 million is not far off."

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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