Tag: ETFs

Spot Bitcoin ETFs record four-fold inflow spike, Ether ETFs recover from outflows

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Spot Bitcoin exchange-traded funds in the U.S. saw a significant jump in net positive flows while spot Ether ETFs also logged net inflows ending their five-day outflow streak. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged inflows of $116.96 million on Sep. 10, a surge of over four times compared to the $37.29 million inflows recorded the previous day. The positive inflows into these ETFs on these two days follow eight consecutive days of outflows, which reduced their total assets under management by more than $1.18 billion.…

Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy

Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies and adapt to the evolving digital asset space, offering investors exposure to cutting-edge technology trends through […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Spot Bitcoin ETFs end 8-day outflows streak, Ether ETFs lose $5.2m

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Spot Bitcoin exchange-traded funds in the United States saw inflows for the first day following eight consecutive days of outflows that shed over $1.18 billion from their total assets under management, signaling a potential shift in investor sentiment. According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds recorded $28.6 million in net inflows on Sep. 9, a break from the eight-day outflow streak recorded earlier. Fidelity’s FBTC led the charge with reported inflows of $28.6 million, bringing its total inflows from inception to $9.45 billion. This follows after…

Bitcoin (BTC) ETFs Post $28.7M Inflows After Record Losing Streak

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Bitcoin ETFs outflow $706m: BlackRock, WisdomTree buck trend

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Outflows from U.S. spot Bitcoin ETFs, or exchange-traded funds, surpassed $706 million this week as bears pushed Bitcoin to $53,304 — its lowest level since Aug. 5. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $169.97 million in net outflows on Sep. 6, with Grayscale and Fidelity leading the pack. Fidelity’s FBTC shed $85.5 million, with the fund experiencing negative flows for the past seven trading days. Grayscale’s GBTC added to the exit liquidity, with $52.9 million leaving the fund, bringing total losses to over $20 billion…