Tag: ETF

Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with the impending launch of spot ether exchange-traded funds (ETFs) in the United States. Shift […] Source BitcoincryptoexchangeExchanges CryptoX Portal

BlackRock’s IBIT ETF holds $18b in BTC amid continuous inflows

BlackRock’s iShares Bitcoin Trust (IBIT) now holds over $18 billion in Bitcoin (BTC) as inflows continue into the ETFs.  According to data provided by Farside Investors, spot BTC ETFs saw $216.4 million in inflows on Tuesday, recording their third day of consecutive inflows. The total amount of inflows currently stands at $15.2 billion. Data shows that the IBIT ETF saw $121 million in inflows on July 9 — helping the investment product surpass a total market cap of $18.04 billion. Interestingly, BlackRock’s spot BTC ETF witnessed only one day of…

Bitcoin Regains $57K Following $300M of ETF Inflows

Bitcoin found some stability above $57,000 following Monday’s slide to $55,000 as a German government entity received over $200 million worth of the asset back from various exchanges late in the U.S. day, helping revive sentiment. BTC was trading around $57,400 during the European morning, an increase of 1% in the last 24 hours, having fallen to $55,000 on Monday after a wallet address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various other addresses, spooking traders. In the past 12 hours, the entity…

Bitcoin (BTC) ETF Traders Buy the Dip in Largest Purchases Since BTC Traded at $70K

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“Digital asset investment products saw inflows totaling US$441m, with recent price weakness prompted by Mt Gox and the German Government selling pressure likely being seen as a buying opportunity,” CoinShares said. “However, volumes in Exchange Traded Products (ETPs) remained relatively low at US$7.9 billion for the week, reflecting the typical seasonal pattern of lower volumes in the summer months.” Original

Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes

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Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months.  With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen as a potential catalyst for these tokens, according to market expert Leshka.  In a recent analysis, Leshka explained that Solana memes have become the dominant narrative of this market cycle, raising expectations for their potential…