On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $88.06 million, while ether ETFs experienced outflows totaling $6.49 million. Blackrock’s IBIT and ETHA led the charge, capturing the largest inflows of the day. Blackrock’s Bitcoin and Ether ETFs Lead the Day in Inflows Data from sosovalue.xyz reveals that spot bitcoin ETFs hauled in […] Original
Spot Bitcoin ETFs have seen their second consecutive inflow day this week, while spot Ether ETFs logged a drop in outflows in its 4-day negative flow streak. According to data from SoSoValue, the 12 spot Bitcoin exchange-traded funds recorded $88.06 million in inflows on Aug. 21, representing a 42% increase compared to the net inflows seen on Aug. 20. BlackRock’s IBIT recorded the highest inflows with $55.4 million, bringing its total inflow since launch to $20.53 billion. It was the only fund to record a second consecutive day of inflows.…
Despite declining Bitcoin prices and a challenging market environment, institutional ownership of U.S. spot Bitcoin ETFs increased last quarter. Institutional ownership of U.S. spot Bitcoin ETFs rose to 24% by the end of the second quarter of 2024, according to analysts from H.C. Wainwright. This is up from 21.4% in the prior quarter, according to newly released 13-F filings and data aggregated by Coinbase. This growth occurred despite a challenging market environment that saw the total assets under management for these ETFs drop 13% quarter-over-quarter to $51.8 billion, driven by…
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $61.98 million, while spot ether ETFs experienced net outflows totaling $13.52 million. Among the 12 BTC ETFs, Blackrock was the standout performer, while Grayscale’s Mini Ethereum Trust led the gains in the ETH ETF category. Spot Bitcoin ETFs Gain $61.98M, Ether ETFs Face […] Original
Spot Bitcoin ETFs have started this week on a positive note, while spot Ether ETFs continued their third consecutive trading day of negative flows. Data from SoSoValue shows that the 12 spot Bitcoin exchange-traded funds in the U.S. recorded $61.98 million in inflows on Aug. 19, representing a 72% increase compared to the net inflows of $36.01 million on the same day. BlackRock’s IBIT led the lot with $92.7 million, bringing its total inflows since launch to $20.48 billion. Fidelity’s FBTC followed with modest inflows of $3.9 million. These funds…
According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs Close in […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Last week, crypto exchange BitGo confirmed plans to distribute the final Mt. Gox creditor repayments; Kamala Harris overtook Donald Trump on Polymarket; and crypto startups secured $130 million in VC funding. Mt. Gox final creditor repayments Harris vs. Trump US… Original
Recent data from U.S.-based bitcoin and ethereum spot exchange-traded funds (ETFs) collected by sosovalue.xyz reveal a mixed bag for these popular assets. On Friday, bitcoin ETFs added around $36 million, while ethereum funds experienced a $15 million dip. Mixed Results for Crypto ETFs: Bitcoin Gains $36M, Ethereum Drops $15M Ether ETFs, in particular, saw further […] Original
The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in three years – has “calmed market concerns and reinforced expectations of impending Fed rate cuts at the September 17-18 Federal Open Market Committee (FOMC). Per the report, this has been viewed as positive news for…
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $39.21 million during the day’s trading session. A Dive Into Thursday’s Crypto ETF Landscape U.S. spot bitcoin ETFs made a slight comeback on Thursday, drawing in $11.11 million in positive inflows. Fidelity’s FBTC […] Original