Analyst David Zanoni expects Bitcoin to reach a bottom near $38,000 around September 2026, based on historical four-year price cycles. He highlights IBIT as an accessible trading option during Bitcoin's bull and bear markets, though current technical signals suggest further downside risk. Zanoni notes a potential bullish divergence on IBIT's weekly chart but prefers confirmation from Bitcoin itself before declaring a market bottom. He recommends a dollar-cost averaging strategy into IBIT or Bitcoin to capture value as the bear market approaches its historical end and to benefit from the next bull cycle.
Grayscale Bitcoin Trust (GBTC) charges a 1.5% annual fee, significantly higher than competitors like BlackRock’s iShares Bitcoin Trust (0.33%). Despite converting to an ETF in January 2024, GBTC's fees remain high, causing it to underperform cheaper ...
iShares has introduced the Bitcoin Premium Income ETF (BITA), a new bitcoin income ETF that uses covered call strategies to generate income by selling call options on its spot bitcoin ETF (IBIT). This approach transforms bitcoin, which traditionally ...
The newly launched Leverage Shares 2X Long SPCX Daily ETF (SPCH) tied to SpaceX stock surged with $1.3 billion in trading volume on its second day, surpassing the record set by BlackRock's iShares Bitcoin Trust (IBIT) in 2024. Despite heavy competiti...
Bitcoin rose over 5% this week, marking its first gain in five weeks, but remains below the $70,000 mark and down 25% year-to-date. Ether also recovered, climbing over 9%, yet it stays below $2,000 and is down about 40% for the year. Both cryptocurre...
