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Read More »Google Gemini Names Next Crypto to Get an ETF
Alphabet Inc’s Google department is making great strides with its AI chatbot, Gemini. Among Large Language Model AIs (LLMs), it competes with the likes of ChatGPT, Meta AI, and X’s Grok. As such, CryptoPotato decided to inquire about what cryptocurrency could be the next to have an exchange-traded fund in the States to track its performance. Alphabet’s Gemini Gets to Work While Nvidia AI chips are most popular for loading and calibrating AI chatbots, the Mountain View,...
Read More »Bitcoin ETFs Surge with $250M Inflows After Rate Cut Hints at Jackson Hole
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Read More »ETF Weekly Recap: Only Inflows for Bitcoin but Ethereum Products Register Longest Outflow Streak
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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