Tag: ETFs

Bitcoin, Ethereum ETFs hold strong despite market tumble

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Despite the ongoing crypto market downturn, spot Bitcoin and Ethereum ETFs have held steady, with Ethereum funds in particular continuing to attract strong inflows. Summary Spot Bitcoin and Ethereum ETFs have remained resilient despite the recent sharp market drop. Ethereum ETFs pulled in approximately $444 million on August 25, marking a three-day winning streak. Bitcoin ETFs logged a net inflow of $219 million on August 25, ending six consecutive days of outflows. Ethereum (ETH) ETFs continue to attract strong inflows despite the recent market decline. According to the latest data…

XRP Futures $1B OI Milestone Paves Way for Spot XRP ETFs

Key Notes The milestone reflects tighter spreads, greater attention from risk desks, and pricing behavior similar to major assets like Bitcoin and Ethereum. Analysts believe that this milestone in XRP futures could be a stepping stone for the approval of spot XRP ETF. The SEC has set October 24 as the next decision date for pending spot XRP ETFs. Despite Ripple-related cryptocurrency facing constant selling pressures, the XRP XRP $2.91 24h volatility: 1.1% Market cap: $173.39 B Vol. 24h: $6.41 B futures on the Chicago Mercantile Exchange (CME) have crossed…

Altcoin Season May Hinge On More Crypto ETFs: Analysts

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Altcoins may not see a broad, outsized rally until the approval of crypto ETFs that give investors exposure further down the risk curve, according to analysts from Bitfinex. Crypto market participants have eagerly awaited an altcoin market rally, or “altseason,” as Bitcoin (BTC) dominance dipped 6% over the past 30 days. Bitcoin dominance stands at 58.58% at the time of publication. Source TradingView However, Bitfinex analysts said in a markets report on Monday they don’t anticipate a “‘rising tide lifts all boats’ environment” until later in the year when inflows…

Ether’s 14-Week Inflow Streak Ends With $238 Million Exit as Bitcoin ETFs Bleed $1.17 Billion

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Bitcoin ETFs logged their second-largest weekly outflow at $1.17 billion, while ether ETFs ended a 14-week inflow streak with a $238 million exit. Despite midweek rallies, heavy early outflows defined the trend. ETF Shake-up: Bitcoin Funds Post Second-Highest Weekly Loss While Ether Snaps Record Inflow Run The tide finally turned. After 14 straight weeks of […] Original

Spot Crypto ETFs See $1.4B Outflows As Bitcoin, Ether Slump

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Cryptocurrency investment products reversed an emerging inflow trend, with significant outflows last week as Bitcoin and Ether prices declined. Global crypto exchange-traded products (ETPs) saw $1.43 billion of outflows last week, ending a two-week inflow run that brought in $4.3 billion, CoinShares reported on Monday. The outflows came amid Bitcoin (BTC) dipping from above $116,000 on Aug.18 to $112,000 by the end of the trading week, while Ether (ETH) tumbled below $4,100 on Tuesday after starting the week at around $4,250, according to CoinGecko. Last week’s losses marked the second-biggest…

Coinbase CEO Predicts $1M Bitcoin Driven by FOMO, ETFs, Government Action

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Bitcoin is on a collision course with $1 million as institutional giants mobilize, governments secure reserves, and ETF momentum explodes—according to Coinbase’s CEO. $1M Bitcoin Coming as ETFs, Governments, and FOMO Align, Says Coinbase’s CEO Coinbase CEO Brian Armstrong projected that bitcoin could reach $1 million within the decade, pointing to broad shifts in regulation, […] Original

Spot Ether ETFs See $287M Inflows as BlackRock, Fidelity See Gains

United States’ spot Ether exchange-traded funds (ETFs) funds drew $287.6 million in net inflows on Thursday, snapping a four-day streak of outflows, according to data from crypto ETF tracker SoSoValue. The rebound follows a period of sustained outflows, with funds shedding over $924 million between last Friday and Thursday. The largest withdrawal came on Tuesday, when spot Ether (ETH) ETFs saw $429 million exit — the second-largest daily net outflow seen this month, following the $465 million that left the market on Aug. 4.  Asset manager BlackRock’s iShares Ethereum Trust…