Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of $931 million. Despite this encouraging rebound, CoinShares revealed that ETF activity appears to be slowing down. In fact, the latest data shows that the daily trading turnover now stands at $5.4 billion, representing a 36% decline from its peak three weeks ago. However,...
Read More »Crypto Market Poised for Positive Second Quarter despite Recent Corrections, Coinbase Reports
CoinspeakerCrypto Market Poised for Positive Second Quarter despite Recent Corrections, Coinbase Reports A recent research conducted by Coinbase said the market is poised for a positive second quarter despite the recent corrections that saw Bitcoin retrace to $65,000 on April 2, 2024. Crypto Market Poised for Positive Second Quarter despite Recent Corrections, Coinbase Reports
Read More »Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down
CoinspeakerDigital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows. Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down
Read More »Will Bitcoin (BTC) Break its $73.8K ATH Following This Record USDC Transfer?
Bitcoin has been trading around $70,000 after a major retracement that dragged the leading crypto asset below $63,000 briefly. Despite a few flat trading sessions, data reveals that a pump could be in the offing that could further trigger a new wave of buying pressure. CryptoQuant’s latest analysis reveals a remarkable surge in USDC deposits, surpassing $1.4 billion on Coinbase. $1.4 Billion USDC Inflow Stablecoins serve as a bridge between traditional finance and the digital...
Read More »Bitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B
CoinspeakerBitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B Despite the uncertainty regarding Ethereum ETFs, the overall projection for Bitcoin is favorable. Bitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B
Read More »Here’s Why Bitcoin ETF Flows Will Continue for Years, According to Bitwise CIO
Matt Hougan, the CIO of the crypto index fund and asset management firm Bitwise, believes inflows into spot Bitcoin exchange-traded funds (ETFs) will continue for years as more investors and institutions adopt the products. In a tweet detailing his experiences during a 20-day road trip, Hougan said he met financial advisors who have already allocated 3% of their client’s portfolios to Bitcoin ETFs and those who have not nursed the thoughts at all, showing a gap in the...
Read More »Bitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs
CoinspeakerBitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs Hougan's bullish prediction is based on Bitcoin's impressive growth of nearly 300% over the past 15 months. Bitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs
Read More »Bitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges
CoinspeakerBitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges US's success with Bitcoin ETFs challenges Japan's stricter regulations on crypto investment products. Bitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges
Read More »Asset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong
CoinspeakerAsset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong The prospect of spot Bitcoin ETFs gaining approval in Hong Kong represents a significant step toward the mainstream adoption of digital assets in the region. Asset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong
Read More »Bitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs
CoinspeakerBitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs The Bitcoin market is expected to continue to grow and mature as more investors look for exposure to BTC through spot ETFs and other investment vehicles. Bitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs
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