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Tag Archives: Ethereum ETF

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...

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Crypto Investment Products Saw Outflows of $528M Weekly as US Recession Fears Grow: CoinShares

Ethereum investment products experienced net outflows of $146 million globally last week, largely due to $169.4 million in outflows from US spot Ethereum ETFs. This figure masks $430 million in net inflows into new Ethereum ETFs, overshadowed by $603 million in outflows from Grayscale’s ETHE fund. Additionally, there were minor outflows observed in European ETPs, according to CoinShares’ report. Bitcoin experienced massive outflows of $400 million, marking the first time in...

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21Shares Integrates Chainlink Proof of Reserve to Boost Transparency of Ethereum Reserves

21Shares – which is part of 21Shares AG – has announced the integration of Chainlink Proof of Reserve on the Ethereum mainnet. It improves the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (CETH), which is physically backed by Ether and tracks its performance. The Zurich-based financial institution said that the latest move aligns with its broader goals to expand its US product lineup and strengthen its presence in the US market. Boosting...

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Beware of Scams: BlackRock Confirms No Social Media Investment Solicitations

American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram. The company has cautioned its investors when engaging with individuals, websites, or social media platforms using BlackRock’s brand to offer training or investment opportunities. BlackRock Cautions Investors In its official...

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