Tag: ETFs

Spot Bitcoin ETFs record largest single-day inflow in over four months

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Spot Bitcoin exchange-traded funds In the United States have experienced their largest inflow in over four months, reflecting a surge of investor interest in Bitcoin as the cryptocurrency market rebounds. Data from SoSoValue shows that on Oct. 14, net inflows across 12 Bitcoin ETFs amounted to $555.86 million, more than double the $253.54 million recorded on the previous trading day. Among the 12 ETFs, Farside’s FBTC led with an impressive inflow of $239.25 million, marking its largest since June 4 and continuing its second consecutive inflow day. Bitwise’s BITB fund…

Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Ether ETFs Buck the Trend: How Much Did They Pull in While Bitcoin ETFs Struggled?

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U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session. Bitcoin ETFs Tumble, Ether Funds Walk Away Unscathed Thursday proved challenging for bitcoin ETFs, with no gains in […] Original

Spot Bitcoin ETFs on three-day outflow streak, Ether ETFs rebound

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Spot Bitcoin exchange-traded funds in the U.S. witnessed their third consecutive day of outflows on Oct. 10, while spot Ethereum ETFs posted a modest but positive turnaround after a day of inactivity. According to data from SoSoValue, the 12 spot Bitcoin ETFs registered outflows totaling $120.76 million on Oct. 10, a notable jump from the previous day’s outflows of $40.56 million. Fidelity’s FBTC ETF led the wave of Bitcoin ETF outflows, with $149.5 million exiting the fund after a day of zero net flows. Other major funds followed suit, including…

Spot Bitcoin ETFs log second consecutive day of outflows, led by ARK 21Shares’ ARKB

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U.S. spot Bitcoin exchange-traded funds recorded their second consecutive day of net outflows on Oct. 9, with $30.59 million exiting the funds. According to data from SoSoValue, 12 spot Bitcoin ETFs extended their outflow streak to a second day, with net negative flows of $30.59 million. All outflows came from ARK 21Shares’ ARKB, which saw $44.47 million leave the fund, continuing its negative trend for the second consecutive day. These outflows were partially offset by BlackRock’s IBIT, which reported inflows of $13.88 million on the same day, marking its second…