Tag: 127M

Solana Draws $127M in Weekly Institutional Inflows

Key Notes According to CoinShares’ digital asset fund flows weekly report, Solana recorded $127 million in inflows. The price of the coin is currently around $221 as the broader market recorded a reset. Analysts expect the SOL price to reach a $500 resistance level once excess leverage is washed out. Based on CoinShares’ digital asset fund flows weekly report (Volume 252), crypto investments attracted a strong capital injection. Bitcoin BTC $112 726 24h volatility: 2.5% Market cap: $2.25 T Vol. 24h: $60.14 B and Ethereum ETH $4 176 24h volatility:…

Ethereum whale buys $127m in ETH during dip, sparking bullish sentiment

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whale buys $127m in ETH during dip, boosting confidence as options expiry and global tensions shake markets. Ethereum (ETH) is hovering around $2,547 and sparking major interest after a whale scooped up 48,825 ETH for $127 million, at an average of $2,605. This large purchase came during a short dip in price, largely due to global tensions and option expiries, signaling solid long-term confidence. The same investor had already…

ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

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On Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin counterparts. $127M Withdrawn From […] Original

Spot Bitcoin ETFs see outflows of $127m led by ARKB’s largest negative flow to date

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Spot Bitcoin exchange-traded funds in the United States have seen net outflows of $127.05 million on Aug. 28 led by ARK 21Shares’ ARKB. Data from SoSoValue indicates that the 12 U.S. spot Bitcoin exchange-traded funds experienced net outflows on Aug. 28, breaking an eight-day streak of positive inflows. During this eight-day period, these funds had attracted $756 million in inflows. On Tuesday, the U.S. spot Bitcoin funds saw net outflows amounting to $127.05 million. Notably, ARK 21Shares’ ARKB led the outflows with $101.97 million in negative flows — its largest…

MicroStrategy ETF accumulates $127m in assets, $100m daily volume

The newly launched MicroStrategy leveraged ETF, trading under the ticker $MSTX, is rapidly gaining traction on Wall Street. The MSTX ETF has amassed $127 million in assets within just six days of its debut, said Eric Balchunas, senior ETF Analyst for Bloomberg.  The ETF, which seeks to deliver 175% of MicroStrategy’s daily stock return, has been trading at over $100 million in volume per day, showing strong investor interest in MicroStrategy and Bitcoin (BTC). On August 23, the ETF surged by 20% after a volatile week that included a 10%…