In the lead-up to this week’s surprise listing of its Solana Staking ETF on the New York Stock Exchange, Bitwise CEO Hunter Horsley caused a stir by telling Cointelegraph that Solana’s shorter validator exit queue gave it the edge over Ethereum in the staking ETF race. Bitwise chief investment officer Matt Houghan went much further on a podcast, praising Solana’s speed, throughput and finality as “extraordinarily attractive.” He labelled it “the new Wall Street.” The glowing endorsements were controversial among Ethereum fans, some of who seemed to believe Bitwise was…
Tag: ETFs
Bitcoin and Ether ETFs Back in Red After Brief Rebound
After Tuesday’s strong comeback, both bitcoin and ether ETFs stumbled again on Wednesday, Oct. 22. Investors pulled $101 million from bitcoin ETFs and nearly $19 million from ether funds, signaling a cautious mood in crypto markets. Bitcoin ETFs Slip With $101 Million Outflow; Ether Follows With $19 Million Exit Just a day after roaring back […] Original
Bitcoin ETFs Bleed $100M, Analysts Fear Major Support Break
Key Notes Bitcoin ETFs recorded $101 million in outflows on October 22. BTC price is testing key support around $108,000 amid growing selling pressure. Long-term holders are taking profits while volatility rises in options markets. US spot Bitcoin BTC $109 456 24h volatility: 1.5% Market cap: $2.18 T Vol. 24h: $77.48 B exchange-traded funds (ETFs) registered a combined $101 million in net outflows on Oct. 22, while BlackRock’s iShares Bitcoin Trust (IBIT) managed an inflow of $73.6 million. Meanwhile, Ethereum ETFs mirrored the trend, with a total net outflow of…
Bitcoin, Ethereum ETFs return to outflows as market weakness deepens
Investor caution has returned to crypto markets as Bitcoin and Ethereum ETF flows once again turned negative after a brief recovery. Summary Bitcoin and Ethereum ETFs saw renewed outflows on October 22, reversing inflows from the previous day amid weakening investor sentiment. Bitcoin funds recorded $101.3 million in withdrawals, while Ethereum ETFs lost $18.8 million, signaling a broader pullback across crypto investment products. BTC and ETH prices remain under pressure, with Bitcoin trading around $109,783 and Ethereum near $3,869, both struggling to regain momentum amid declining ETF inflows and subdued…
Bitcoin ETFs Rebound With $477 Million Inflow as Ether Joins Rally
After a sluggish start to the week, crypto ETFs roared back to life. Bitcoin ETFs led the charge with a $477 million inflow, while ether ETFs followed suit with $142 million, signaling returning investor confidence. Crypto ETFs Surge as Bitcoin and Ether Record Strong Inflows A sharp rebound in investor appetite sent crypto exchange-traded funds […] Original
BTC, ETH ETFs See $477M Inflows as Liquidations Top $650M
Key Notes BTC ETFs recorded $477 million in net inflows. The market volatility brought over $650 million in liquidations. The Bitcoin volatility index rose above 95%, according to a CryptoQuant analyst. The cryptocurrency market witnessed a sharp bullish momentum on Tuesday, Oct. 21, with strong institutional interest pushing the leading assets upward. US-based spot Bitcoin BTC $108 269 24h volatility: 0.5% Market cap: $2.16 T Vol. 24h: $108.70 B exchange-traded funds recorded a net inflow of $477.2 million, led by IBIT and ARKB’s $210.9 million and $162.9 million inflows, according…
Bitcoin and Ether ETFs Begin the Week With Combined $186 Million Outflow
Crypto ETFs started the week on a weak note, with bitcoin funds seeing a modest $40 million outflow, while ether ETFs suffered heavier redemptions of $146 million. Ether Sees $146 Million Outflow While Bitcoin ETFs Record $40 Million Exit What started as a day of promising inflows for bitcoin exchange-traded funds (ETFs) on Monday, Oct. […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Bitcoin Whales Shift Billions Into ETFs Like BlackRock’s IBIT
Large Bitcoin holders who accumulated the cryptocurrency early, commonly known as whales, are increasingly moving their holdings into exchange-traded funds (ETFs), with asset managers such as BlackRock actively courting them. In an interview with Bloomberg, Robbie Mitchnick, BlackRock’s head of digital assets, said the company has already facilitated more than $3 billion worth of these conversions into its iShares spot Bitcoin ETF (IBIT). After years of self-custody, many whales are recognizing “the convenience of being able to hold their exposure within their existing financial adviser or private-bank relationship,” Mitchnick said. …
Spot Bitcoin, Ethereum ETFs Extend Outflows Amid US Political Turmoil
US spot Bitcoin and Ethereum exchange-traded funds (ETFs) extended their losing streak Monday, marking another day of outflows as investor sentiment remained fragile amid mounting political and macroeconomic uncertainty. According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $40.47 million in net outflows on Monday, their fourth consecutive day of withdrawals. BlackRock’s IBIT led the losses, shedding $100.65 million, while Fidelity’s FBTC and Bitwise’s BITB posted inflows of $9.67 million and $12.05 million, respectively. The cumulative total net inflow in spot Bitcoin ETFs now stands at $61.50 billion, with…
spot Bitcoin ETFs see $1.23B weekly outflows, supply falls to 6-year low
Despite a turbulent week that saw record outflows from U.S. Bitcoin ETFs and the recent $19 billion liquidation event, shrinking exchange supply suggests the market may be poised for a rebound. Summary U.S. spot Bitcoin ETFs lost $1.23 billion last week, with Friday alone seeing $366.6 million in outflows. Over 45,000 BTC have been withdrawn from exchanges since early October, signaling potential stabilization or recovery. Spot Bitcoin (BTC) ETFs in the U.S. saw total outflows of $1.23 billion last week amid continued market turbulence. Friday alone accounted for $366.6 million…