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 Over 45,000 BTC have been withdrawn from exchanges since early October, signaling potential stabilization or recovery.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…
Tag: ETFs
Bitcoin ETFs shed $1.6 billion, outflows jump
The Bitcoin price has crashed into a correction after plunging by 14% from its highest point this year, and the trend may continue as a risky pattern forms and exchange-traded fund (ETF) outflows persist. Summary Bitcoin price has formed a double-top pattern on the daily chart. Spot Bitcoin ETFs shed over $1.6 billion in assets this week. Investors are experiencing significant concerns following the recent liquidations. American investors dumped their Bitcoin (BTC) holdings this week as the crypto Fear and Greed Index plummeted into the fear zone and liquidations surged. …
Bitcoin dips below $110k as spot ETFs see $536m outflows; XYZVerse jumps with CS2 League launch
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse launches first crypto-powered CS2 league with $5.5m prize pool and on-chain transparency. Summary XYZVerse launches the first crypto-powered CS2 league with a $5.5m prize pool, uniting esports and blockchain. The new XYZVerse CS2 league brings transparency, rewards, and on-chain engagement to competitive gaming. With 1m+ expected views and growing demand, XYZVerse boosts exposure and utility for its community and token holders. Bitcoin’s value takes a sharp turn amid…
Robinhood Expands Tokenization to Nearly 500 US Stocks, ETFs on Arbitrum
Robinhood has expanded its tokenization initiative on the Arbitrum blockchain, deploying 80 new stock tokens in the past few days and bringing the total number of tokenized assets close to 500. According to data from Dune Analytics, Robinhood has tokenized 493 assets with a total value exceeding $8.5 million. Cumulative mint volume has surpassed $19.3 million, offset by around $11.5 million in burning activity, signaling a growing but actively traded market. Stocks account for nearly 70% of all deployed tokens, followed by exchange-traded funds (ETFs) at about 24%, with smaller…
$1.2B Left BTC ETFs This Week, but Not All is Lost for Bitcoin Price
Key Notes US Bitcoin ETFs saw $1.22 billion in outflows this week. BlackRock’s IBIT led with $268.6 million in Friday redemptions. Bitcoin must reclaim $108K–$109K to avoid testing $100K support. Spot Bitcoin exchange-traded funds (ETFs) in the United States saw over $1.2 billion in outflows this week, cementing a brutal week for Bitcoin and digital asset products. On October 17, U.S. spot Bitcoin ETFs recorded a net outflow of $367 million, marking the third consecutive day of outflows. Spot Ethereum ETFs saw net outflows of $232 million, with none of…
Bitcoin ETFs Bleed $536 Million as Outflows Hammer Markets
A brutal trading day saw bitcoin ETFs lose $536 million and ether ETFs shed $57 million. The sell-off was broad and deep, with nearly every major fund in the red. ETF Sell-Off Deepens: Bitcoin Loses $536 Million, Ether $57 Million The ETF market turned red again as investors rushed to the exits. What began as […] Original
Ether ETFs See $170 Million Inflow as Bitcoin ETFs Slip
Investor sentiment diverged sharply midweek as bitcoin ETFs faced $104 million in outflows, while ether ETFs attracted $170 million in new capital, led by Blackrock’s ETHA. Bitcoin Funds See $104 Million Exit, Ether Stays in Green The exchange-traded fund (ETF) market took a turn midweek, with bitcoin products cooling off while ether ETFs pulled in […] Original
Bitcoin price tests support as spot BTC ETFs see outflows
Bitcoin price slipped lower on Oct. 16, testing key support around $111,000 as spot Bitcoin exchange-traded funds swung back to net outflows after a brief return to inflows. Summary Bitcoin trades around $111K as BTC spot ETFs record $94M in outflows. Trading volume and derivatives activity signal cautious sentiment. Dovish Fed tone offers hope for renewed upside momentum. As of this writing, Bitcoin was trading close to $111,673, down 8% over the previous week and 0.5% over the previous day. Trading volume has fallen sharply to $66.2 billion, a drop…
Ark Invest files new Bitcoin ETFs with yield & risk mitigation
Cathie Wood’s Ark Invest filed for several new Bitcoin ETFs, including yield-generating and downside-buffered versions. Summary Ark Invest filed several new Bitcoin ETF proposals with the U.S. SEC Finings include Bitcoin Yield ETF and ARK DIET Bitcoin 1 & 2 ETFs Investors are increasingly concerned about downside risks for BTC Cathie Wood’s Ark Invest is doubling down on Bitcoin, filing several ETFs with specialized strategies. On Tuesday, October 14, Ark Invest filed for the Bitcoin Yield ETF and ARK DIET Bitcoin 1 and 2 ETFs with the U.S. Securities and…
Bitcoin and Ether ETFs Rebound With $339 Million in Inflows
After a rough start to the week, crypto ETFs bounced back. Bitcoin and ether ETFs collectively pulled in $339 million, with Fidelity leading the charge across both asset classes. Fidelity Leads ETF Comeback With Strong Bitcoin and Ether Inflows After Monday’s steep sell-off, the crypto exchange-traded fund (ETF) market found its footing again. Investor appetite […] Original