On Monday., Nov. 18, spot bitcoin exchange-traded funds (ETFs) had an impressive showing, attracting $254.82 million in positive inflows. Meanwhile, the nine spot ether ETFs faced a tough day, recording losses during trading. Crypto Clash: Bitcoin ETFs Surge With $254M Inflows as Ethereum Stumbles With $39M Outflows Spot bitcoin ETFs clearly stole the spotlight. Leading […] Original
Spot Bitcoin and Ethereum exchange-traded funds in the United States have started the week moving in different directions as the broader cryptocurrency market faces consolidation. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $254.82 million in net inflows on Nov. 18, breaking out of a two-day streak of outflows that saw $770.77 million leave the funds. BlackRock’s IBIT led the group with $89.33 million in inflows, following a quiet day with no activity. Notably, the investment manager’s IBIT fund, which holds $43.12 billion in net assets, has…
The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump’s emergence as the next US President. As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in July. Meanwhile, the spot Bitcoin ETFs maintain a splendid performance, closing another week with over $1 billion in inflows. Spot Ethereum ETFs Notch Up $515M Inflows To Extend 3-Week Streak According to data from ETF…
Other top-tier banks/wealth management operations, including Morgan Stanley, Cantor Fitzgerald, Royal Bank of Canada, Bank of America, UBS and HSBC, didn’t add to or subtract much from their positions. A new entrant was Australian investment bank Macquarie Group, which purchased 132,355 shares of IBIT worth $4.8 million. Wells Fargo, which has a very minor stake in the ETFs, held most of its shares in the Grayscale Bitcoin Trust (GBTC) and Grayscale Bitcoin Mini Trust (BTC). Source
Este artículo también está disponible en español. Bitcoin has experienced a whirlwind of volatility following its recent all-time high of $93,483 set on Wednesday. Over the past few days, the price has oscillated between this record level and a low of $85,100, indicating the potential onset of a consolidation phase before the next major move. Traders and investors are now closely monitoring whether BTC will stabilize or continue its upward trajectory. Related Reading Key data from CryptoQuant suggests that selling pressure may increase quickly, primarily driven by speculative traders looking…
Since the launch of the ETFs, Thursday was the third worst day for the bitcoin-linked products. Interestingly, the other two times the ETFs saw outflows of over $400 million was on Nov. 4 ($541.1 million), just prior to the U.S. election, and May 1 ($563.7 million). On Nov. 4, bitcoin bottomed around $67,000 before going on a tear all the way to over $93,000. While the May low coincide with a bottom at just under $60,000. Original
Spot Bitcoin exchange-traded funds in the United States experienced an outflow day on Nov. 14, ending their six-day inflow streak that had brought over $4.73 billion into the funds. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net outflows of $400.67 million on Thursday, ending their positive run over the previous six trading days. The majority of the outflows were led by Fidelity’s FBTC, which logged outflows of $179.16 million—its highest outflow day since May 1, when it recorded $191.1 million in outflows. ARK and 21Shares’ ARKB…
U.S. spot bitcoin and ether exchange-traded funds posted another day of gains on Wednesday, with the leading crypto asset holding strong above the $90,000 mark. Bitcoin ETFs Soar: Blackrock, Fidelity Lead $510M Inflows On Nov. 13, the 12 spot bitcoin exchange-traded funds (ETFs) saw a strong inflow of $510.11 million. Leading the charge, Blackrock’s IBIT […] Original
Spot Bitcoin exchange-traded funds in the United States continued their positive inflow streak for the sixth consecutive day, recording net inflows of $510.11 million on Nov. 13 as Bitcoin surpassed $93,000 for the first time. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $4.73 billion over the six straight days of trading ending on Nov. 13. BlackRock’s IBIT led the group for the fifth consecutive day on Thursday with inflows of $230.81 million. Notably, IBIT has seen over $29.15 billion in net inflows since…
Tuesday saw a nice windfall for spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), with nearly $1 billion flowing in, according to the latest data from sosovalue.com. Crypto ETFs on Fire—Bitcoin and Ether Inflows Hit Nearly $1 Billion The trading day turned out well for the 12 spot bitcoin funds and the nine ether […] Original