Key Notes Grayscale clarified that ETHE and ETH don’t have the same regulatory requirements as other ETFs. The firm also activated staking for its Grayscale Solana Trust (GSOL). Grayscale is a first-mover in staking-enabled spot ETFs. Digital asset manager Grayscale Assets Management announced its plans to introduce staking for its existing spot Ethereum ETFs. This is the first of its kind development in Ethereum ETFs, and comes despite the ongoing US shutdown. ETH $4 589 24h volatility: 1.1% Market cap: $553.73 B Vol. 24h: $28.71 B price is showing strength…
Tag: ETFs
Bitcoin ETFs Achieved Second-Largest Weekly Inflows in History as Corporate Buying Hit $1.2B
It’s an exciting time for $BTC as Bitcoin treasury companies added $1.2B in BTC to their reserves last week, while analysts speculate that Bitcoin’s new all-time high resulted from Bitcoin ETFs. Metaplanet led last week’s Bitcoin purchases by buying 5,258 Bitcoins on Wednesday, while Strategy continued to accumulate with an additional 196 Bitcoins bought. However, while Bitcoin treasuries undoubtedly contributed to Bitcoin’s rally that pushed the price above $125K, the main driver of recent price action is spot Bitcoin ETFs, which saw a net inflow of $3.24 billion last week.…
Bitcoin ETFs weekly inflows surpass $3B as BTC hits new ATH
Spot Bitcoin ETFs in the U.S. recorded over $3 billion in net inflows last week, propelling BTC to a new all-time high and setting the tone for Uptober this year. Summary BTC ETFs recorded $3.24 billion in inflows over the past week. BlackRock’s IBIT led the weekly inflows with over $1.8 billion in inflows. Bitcoin has hit a new all-time high of over $125k. According to data from SoSoValue, the 12 U.S. spot Bitcoin ETFs drew in $3.24 billion in net inflows over last week, establishing their second-largest weekly total…
Bitcoin hits all-time high as ETFs drive price despite treasury buys
While Bitcoin treasury companies accumulated $1.2 billion in BTC last week, analysts suggest that Bitcoin’s new all-time high was more likely driven by inflows into Bitcoin exchange-traded funds. Bitcoin went on to spike coming into the weekend, hitting a new all-time high of over $125,000 on Saturday. Bitcoin (BTC) treasury companies purchased more than 6,702 coins over the week, led by Japanese investment firm Metaplanet, which added 5,258 Bitcoin on Oct. 1. In comparison, spot Bitcoin ETFs recorded a net inflow of $3.24 billion last week, nearly matching their record…
Whales Go All In As Bitcoin And Ethereum ETFs Record Massive $4.5 Billion Inflows
Whales are on the move again, and this time it aligns with one of the biggest ETF buying weeks of the year for Bitcoin and Ethereum. Both Spot Bitcoin and Ethereum ETFs returned to inflows last week, and data shows some whales addresses are also moving their crypto assets from exchanges and into self custody. On-chain tracker Lookonchain reported that newly created wallets have withdrawn massive amounts of Bitcoin and Ethereum from major exchanges, showing the large-scale accumulation by crypto whales. Related Reading Massive Withdrawals From Crypto Exchanges According to…
Bitcoin ETFs Log $3.2B In Second-Best Week For Uptober
US-listed spot Bitcoin exchange-traded funds (ETFs) began the historically bullish month of October with their second-best week of inflows since launch, signaling renewed investor optimism. Spot Bitcoin (BTC) ETFs recorded $3.24 billion worth of cumulative net positive inflows over the past week, nearly matching their record of $3.38 billion in the week ending Nov. 22, 2024, according to data from SoSoValue. The figure marks a sharp rebound from the previous week’s $902 million in outflows. Analysts attributed the turnaround to growing expectations of another US interest rate cut, which has…
Bitcoin ETFs on Fire: 5-Day Inflow Wave Signals New Accumulation Phase
Key Notes Bitcoin ETFs recorded five straight days of inflows totaling nearly $1 billion. Swissblock called the recent $117K–$108K dip a constructive reset. On-chain data shows declining UTXO count, hinting at whale accumulation. Bitcoin is closing up on its all-time high of $124K as spot ETFs recorded five consecutive days of inflows, with over $985 million entering Bitcoin funds on October 3 alone. Ethereum ETFs also joined the surge with $234 million in inflows, extending their own five-day streak. Meanwhile, ETH price broke above the $4,500 price level, up 12%…
Institutional Demand Surges as Bitcoin and Ether ETFs See Over $900 Million Inflows
Bitcoin ETFs logged $627 million in inflows on Thursday, their fourth straight day of gains, while ether ETFs brought in $307 million across seven funds. Both asset classes are enjoying surging institutional demand and rising trading volumes. Bitcoin ETFs Record $627 Million Inflow as Ether ETFs Add $307 Million Momentum in crypto exchange-traded funds (ETFs) […] Original
Bitcoin ETFs log 4-day inflow streak as BTC returns to $120k
Bitcoin ETFs are back in the green as price surges back to $120,000, signaling renewed institutional confidence amid hopes of further upside in Uptober. Summary Bitcoin ETFs have logged four consecutive days of inflows totaling $2.25 billion. BlackRock’s IBIT leads the latest trading session with $466.55M in inflow, followed by Fidelity and ARK & 21Shares. Bitcoin price soared to a $120,550 intraday high before retracing to $119,912. BTC faces resistance at $120,550 with a potential rally to $123,000 if a breakout occurs. Bitcoin has reclaimed the $120,000 mark for the…
Bitcoin ETFs Soar With $676 Million Inflow as Ether ETFs Add $81 Million
Bitcoin exchange-traded funds (ETFs) roared with $676 million in inflows on Wednesday, marking their third straight day of gains, while ether ETFs added $81 million across four funds. Both asset classes are enjoying a strong revival of institutional demand. Crypto ETF Rally Builds as Bitcoin and Ether ETFs Extend Inflow Streaks The tide has turned […] Original