Bitcoin ETFs have been on an impressive streak lately, and the last trading week saw more than $500 million allocated to the largest US-based products. However, Ethereum ETFs are in the opposite corner, with minor trading volumes and withdrawals. Bitcoin ETFs on a Roll The spot Bitcoin ETFs had a rough start of the month as they lost more than $550 million in just three days on August 2, 5, and 6. This coincided with the major crash for BTC as the asset tumbled from over...
Read More »Spot Bitcoin ETFs Record $39.4M Inflows as Ether ETFs Decline
According to data from Soso value, Grayscale’s Bitcoin Mini Trust contributed the bulk of the total amount with $14.2 million in net inflows. It is closely followed by Fidelity’s FBTC and Bitwise’s BITB, with $10.7 million and $10 million in inflows, respectively. BlackRock’s IBIT, which is the largest spot Bitcoin ETF by net assets, recorded $8.4 million in inflows, while Franklin Templeton’s EZBC and Invesco Galaxy’s BTCO received inflows of $3.5 million and $2.5 million,...
Read More »Bitcoin (BTC) Price Signals Potential Rally to $70K Fueled by Rising Demand from Institutional Investors
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Read More »Conflux (CFX) Network Partners with China Mobile’s Migu to Launch Blockchain-Based Video Ringtones
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Read More »Crypto Investment Products Register $176M Inflows Last Week
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Read More »Weekly ETF Recap: Here’s What Kind of Action the Bitcoin, Ethereum ETFs Saw
Another week went by, which began with massive volatility, and the spot Bitcoin and Ethereum ETFs were once again in the spotlight. Here’s the data regarding the inflows and outflows for the past five days, according to Farside. Bitcoin ETFs in the Red Last week ended on a highly negative point as the spot Bitcoin ETFs registered their worst day in terms of flows in about three months, with nearly $240 million leaving the eleven funds. The start of the new week was not all...
Read More »Japan’s Finance Regulator Skeptical of Crypto ETF Approvals
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Read More »Bitcoin ETFs Reached 4-Month High in Daily Trading Volume During Monday’s Crash
Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States surpassed $5 billion in daily trading volume on August 5. This marks the first time since mid-April that such a high volume has been reached. BlackRock’s IBIT Leads with Nearly $3 Billion According to DefiLlama data, BlackRock’s IBIT ETF was a major contributor to this volume, generating nearly $3 billion in trades. The fund also saw an increase in its assets under management by $172 million, reflecting...
Read More »CoinShares Reports £22.5M Revenue in Q2 2024, Up 110% YoY Fueled by Notable Crypto Rise
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Read More »Crypto Investment Products Sees $528M in Outflows Last Week
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