Tag: ETFs

Spot Ethereum ETFs End 6-Day Drought With $90 Million Inflow — Will Ether Price Respond?

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Bitcoin ETFs hit $3.38b weekly inflows, VanEck eyes $180k

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Demand for spot Bitcoin exchange-traded funds soared to its highest levels since launch, with a whopping $3.38 billion flowing in this week, and experts foresee even greater momentum once BTC surpasses $100,000. With five straight days of positive inflows, catalyzed by hopes of an increasingly friendly regulatory environment under President-elect Donald Trump, the total net asset value of Bitcoin Spot ETFs reached $107.488 billion for the first time. The most inflows for the week were recorded on Nov. 21, drawing $1 billion, which coincided with anti-crypto SEC Chair Gary Gensler…

ETFs, Whale Activity, Layer 2 Solutions Shape Its Future

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Este artículo también está disponible en español. Ethereum (ETH) is gaining prominence as Bitcoin maintains its recent highs. Despite the fact that ETH is currently 36% below its all-time high of $4,878 from 2021, analysts anticipate that the second-largest cryptocurrency by market capitalization may be preparing for a significant shift. Related Reading Ethereum’s ecosystem is a hive of activity, with a surge in institutional investments, rising ETF interest, and increasing transaction volumes. From the 1.1 million recorded three months ago, the daily transaction volumes on Ethereum have climbed to 1.22…

Bitcoin ETFs record $1 billion in Inflows as BTC Surpasses $99K

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Spot Bitcoin exchange-traded funds in the United States saw a significant surge in inflows on Nov. 21, as Bitcoin inches closer to breaking the $100K barrier. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $1 billion in inflows on Thursday, extending their inflow streak to four days, which netted over $2.8 billion in total inflows during this period. Notably, the inflows seen on Nov. 21 were the highest in the last eight trading days, surpassing the $1.11 billion recorded on Nov. 11. BlackRock’s IBIT led the pack…

Bitcoin ETFs see third straight day of inflows as BTC clocks new ATH

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Spot Bitcoin exchange-traded funds in the United States recorded their third consecutive day of inflows on Nov. 20, with $773.47 million entering the funds as Bitcoin reached a new all-time high of over $97K. According to data from SoSoValue, the cumulative inflows into U.S. Bitcoin ETFs over the past three trading days surpassed $1.8 billion. The momentum comes amid growing optimism surrounding Bitcoin’s future, particularly as regulatory clarity seems to be improving under the upcoming administration of President-elect Donald Trump, who has vowed to position the United States as the…

Get ready for new spot ETFs, hints President Nate Geraci

Nate Geraci, President of the ETF store, shared that major players are interested in new crypto index funds. In a recent X post, Nate Geraci shared that established asset managers like Grayscale and Bitwise are open to new crypto index funds with a focus on Solana (SOL), Ripple (XRP) and Hedera (HBAR). This is a step in the right direction, as believed by the crypto community, as asset managers are beginning to look beyond just Bitcoin and Ethereum. Geraci noted that asset managers are looking to expand their portfolios to…

Spot Bitcoin ETFs inflows surge 220% amid options launch

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Inflows into U.S. spot Bitcoin ETFs surged by 220% on Nov. 19 compared to the previous day, as Bitcoin reached new highs following the launch of the first Bitcoin ETF trading options. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $816.44 million on Tuesday—over twice the inflows recorded on Monday. Interestingly, the largest inflows of the day were contributed by ARK and 21Shares’ ARKB, which saw $267.34 million enter the fund, marking its highest inflow day since launch and surpassing the $200.7 million inflows…

Grayscale’s Bitcoin and Ethereum Mini ETFs See Share Prices Multiply

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Grayscale Investments has finalized reverse share splits for its Bitcoin Mini Trust ETF (BTC) and Ethereum Mini Trust ETF (ETH), effective Nov. 19, 2024. These splits adjust share prices relative to their net asset values, with BTC shares increasing fivefold and ETH shares rising tenfold, while reducing the number of outstanding shares proportionally. Fractional shares […] Original