On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momentum continued for spot bitcoin and ether ETFs on Tuesday, with both groups enjoying fresh inflows. Spot bitcoin ETFs raked in $38.94 million, led […] Original
Its largest holding is the iShares Bitcoin Trust (IBIT) at $238.6 million, followed by Fidelity’s Bitcoin ETF (FBTC) at $79.5 million, then $56.1 million of Invesco Galaxy’s BTC ETF (BTCO), and $35.1 million in Grayscale’s GBTC. It also holds smaller positions in BITB, BTCW, and ARKB. Original
U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC) and ethereum (ETH) ETFs experienced inflows, marking a shift from […] Original
Maker is one of the largest protocols in the decentralized finance (DeFi) led by a community of token holders, or decentralized autonomous organization (DAO). Those who hold MKR tokens can participate in decision-making and vote on proposals. The protocol manages over $7 billion of crypto and real-world assets (RWA) including U.S. Treasuries and issues the third largest stablecoin on the market, the $5 billion DAI. Source
Analysts and market observers anticipate that options trading for U.S. spot bitcoin exchange-traded funds (ETFs) could kick off before year-end. While there’s considerable buzz around these new investment avenues, the introduction of options trading might bring strategies that could temper bitcoin’s market price. Crypto ETF Options Likely by Q4 2024, But Bitcoin and Ether Prices […] Original
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for its decision on the Venezuelan presidential election bet. El Salvador […] Original
As of writing, XRP’s $1.10 call option, set to expire on Aug. 28, had an open interest of 4,347,000 contracts valued at $2.44 million, making it the most favored among all available XRP options on the exchange, according to data tracked by Amberdata. The amount is significant for an options market that is barely five months old. Source
Spot Bitcoin exchange-traded funds in the U.S. saw a notable surge in inflows while spot Ether ETFs outflows slowed down. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw inflows of $192.56 million on Aug. 8. This was a surge of over four times compared to the $45.14 million recorded the previous day. BlackRock’s IBIT led the lot with $157.6 million, bringing its total inflows since launch to $20.3 billion. WisdomTree’s BTCW followed with $118.5 inflows — its highest since its debut. These funds were the only ones…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…
The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to be approved, is offered by QR and managed by Vortx. It is already in its pre-trading stages. Brazilian SEC Pioneers Solana Spot ETF Approval Solana […] Source CryptoX Portal