BlackRock’s bitcoin ETF, IBIT, and ether ETF, ETHA, overtook Grayscale’s GBTC, BTC Mini, ETHE and ETH Mini, according to on-chain holdings on Friday. The company’s ETFs now have the largest collective holdings of any provider, on-chain analysis tool Arkham said in an X post. Source
Spot Bitcoin exchange-traded funds in the United States saw positive flows again, in contrast to spot Ethereum ETFs, which saw substantial outflows, ending their three-day run of gains. Data from SoSoValue reveals that on Aug. 15, the twelve U.S. spot Bitcoin ETFs registered a collective inflow of $11.11 million, ending their short-lived negative flow witnessed the previous day. Fidelity’s FBTC led the charge with inflows of $16.2 million followed by Grayscale’s Bitcoin mini trust and Biwise’s BITB which saw $13.7 million and $6.2 million inflows, respectively. Grayscale’s GBTC was the…
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an outflow of $81.36 million, while spot ethereum ETFs experienced a brighter day, bringing in $10.77 million during the trading session. Crypto ETFs Clash: Bitcoin ETFs Stumble With $81M Loss, Ethereum Funds Pull in $10.77M After enjoying two days of steady inflows, spot bitcoin ETFs faced […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Despite the muted performance of Bitcoin in recent months, the 13-F filings for the spot exchange-traded funds (ETFs) paint a bullish picture for the BTC price. Bitwise Chief Investment Officer (CIO) Matt Hougan has shared a recap of the three most interesting takeaways from the Q2 filings via X. His findings underscore a growing and sustained institutional interest in Bitcoin, pointing towards an bullish outlook. #1 Increased Institutional Bitcoin Adoption Hougan highlights an impressive rise in institutional engagement with Bitcoin ETFs during the second quarter of the year. He reported,…
Spot Ethereum exchange-traded funds in the United States witnessed positive inflows for the third consecutive day this week, in contrast to spot Bitcoin ETFs, which saw substantial outflows, reversing their two-day run of gains. Data from SoSoValue reveals that on Aug. 14, nine Ethereum ETFs collectively attracted $10.8 million, continuing a week of gains with previous daily inflows of $24.3 million and $4.9 million. Leading the inflow was BlackRock’s ETHA with $16.13 million, followed by Fidelity’s FETH at $6.65 million, and Bitwise’s ETHW with $2.67 million in net inflows. The…
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up. Source
Leading global investment banking firm Goldman Sachs has disclosed it holds $418 million in several Bitcoin-related exchange-traded funds. The revelation came through Goldman Sachs’ latest 13F filing for the second quarter of 2024, released on Aug. 14. According to the filing, the investment bank holds nearly 7 million shares worth more than $238 million in BlackRock’s iShares Bitcoin (BTC) Trust. It also holds 1.5 million shares of the Fidelity Wise Origin Bitcoin ETF, currently worth almost $80 million, as well as 940,443 Invesco Galaxy Bitcoin ETF shares with a market…
Spot Bitcoin and Ethereum exchange-traded funds in the United States continue their streak with a second consecutive day of positive inflows this week. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a total inflow of $38.94 million on Aug. 13, representing a nearly 40% increase from the $27.87 million recorded the previous day. BlackRock’s IBIT fund led with $34.6 million in inflows, bringing its total since launch to $20.36 billion. It was the only Bitcoin ETF to see inflows for two consecutive days. Other notable inflows included…
Spot Bitcoin exchange-traded funds in the United States began the week with net inflows that were more than five times greater than those of spot Ethereum ETFs. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw inflows of $27.87 million on Aug. 12, a flip from the $45.14 million outflows recorded on Aug. 9. Interestingly, ARK 21Shares’s ARKB led the lot with $35.4 million, bringing its total inflows since launch to $2.45 billion. BlackRock’s IBIT followed with $13.4 inflows, being the only one to record a second consecutive…
Data from SoSoValue shows that daily net inflow into the U.S.-listed spot ether ETFs his $4.93 million Monday, with Grayscale’s two funds posting no flows, while Fidelity’s FETH hit $3.98 million in inflow, Franklin Templeton’s EZET posting $1 million in inflow, and Bitwise’s ETHW clocking $2.86 million in positive flow. Source