Bitcoin ETFs slipped back into heavy outflows to start the week, while ether ETFs staged a strong recovery, and solana products pushed their inflow streak even higher. The day delivered a sharp divergence in investor behavior across the three major asset classes. Bitcoin ETFs Fall Back Into Red With $151 Million Outflow The market opened […] Original
Despite steep redemptions from Bitcoin and Ethereum ETFs, Solana attracted $369 million of inflows this month as investors increasingly positioned SOL as a yield-generating asset. According to Bohdan Opryshko, co-founder and chief operating officer of Everstake, both institutions and retail holders are “treating Solana as a yield-generating asset rather than a speculative trade.” He told Cointelegraph that Solana’s native staking rewards of 5%–7% have created an appeal that Bitcoin (BTC) ETFs cannot match, and only a limited set of Ethereum products currently offer. Between Nov. 3 and Nov. 24, Bitcoin…
Key Notes November 24 marked the 20th consecutive day of net inflows for Solana ETFs. Bitwise rolled out the first Solana ETF on October 28. Grayscale has launched its XRP ETF, under the ticker GXRP, amid high corporate demand for crypto. United States spot Solana Exchange Traded Funds (ETFs) have bagged their 20th consecutive day of net inflows. This feat marks a consistent positive streak since the fund was launched in late October and reflects the underlying support that Solana SOL $136.0 24h volatility: 5.4% Market cap: $76.11 B Vol.…
Asset management company Franklin Templeton launched an exchange-traded fund tracking the XRP token on the NYSE Arca amid regulatory approvals clearing the way for other crypto investment vehicles. On Monday, the Franklin XRP ETF launched on the NYSE Arca under the ticker XRPZ, providing investors with access to the cryptocurrency. Its trading debut coincides with the launch of the Grayscale XRP Trust ETF (GXRP) and follows other similar launches from Bitwise Asset Management and Canary Capital. XRP (XRP) is the native asset of the XRP Ledger, an open-source blockchain developed…
Key Notes Bitcoin spot ETFs logged four straight weeks of withdrawals. Total outflow reached $4.349 billion over the past month. Analysts hint that BTC has likely formed the bottom. Bitcoin BTC $85 821 24h volatility: 0.3% Market cap: $1.71 T Vol. 24h: $69.93 B spot ETFs recorded another tough week with $1.22 billion weekly outflow between Nov. 17 to Nov. 21. Across the past month, these funds posted a total outflow of $4.349 billion, the second-largest four-week slide on record. The only larger Bitcoin ETF selling wave happened from mid-February…
The New York Stock Exchange has approved the listing of Grayscale’s Dogecoin and XRP exchange-traded funds (ETFs), teeing up both to launch on Monday. NYSE Arca, a subsidiary of the exchange, filed with the Securities and Exchange Commission on Friday to certify “its approval for listing and registration” of the Grayscale XRP Trust ETF (GXRP) and the Grayscale Dogecoin Trust ETF (GDOG). Bloomberg senior ETF analyst Eric Balchunas posted the NYSE’s approvals to X on Sunday, and said Grayscale’s ETF tied to Chainlink (LINK) will follow in the next week…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BREAKING CRYPTO CZAR GIVES MARKET HOPE WITH CRYPTO CRASHES Despite the recent dip, the White House crypto and AI czar David Sacks is giving us some hope with a bullish statement! We also have huge news for Chainlink, HBAR, and Ripple! 00:00 HI 00:02 Crypto market update 04:48 XRP and HBAR updates 08:34 4 big Chainlink partnerships 12:14 Balancer exploit Support The O Show with Ref Links: ✨ Learn more about the network at ➡️ ✨Explore project support opportunities at ➡️ ✨SIGN…
After a bruising week of historic outflows, the exchange-traded fund (ETF) market finally took a breath. Bitcoin, ether, and solana ETFs all closed Friday in the green, signaling a welcome shift in sentiment. ETF Market Finds Relief as BTC, ETH, SOL Deliver an All Green Day It felt like the kind of market day investors […] Original
XRP has entered a new phase in its growth as Spot XRP ETFs begin trading across the United States. The excitement surrounding institutional access to XRP has grown quickly in recent weeks, especially as filings and inflow reports hint at rising interest from funds preparing to scale their exposure. A market commentator known as Chad Steingraber presented a projection showing just how intense ETF accumulation could become if issuers adopt an acquisition strategy similar to what was seen in Bitcoin ETFs. The estimates outline an aggressive period of accumulation that…
Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns. On Friday, spot Bitcoin (BTC) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the turnaround with $108 million, while smaller contributions from BITB, ARKB, and BTCO helped lift sentiment. Even Grayscale’s GBTC, long pressured by outflows, added $61.5 million, according to data from Farside Investors. The recovery came after…