Eight of the top 10 bitcoin-holding public firms rely on Coinbase, which now also custodies an astounding 81% of the $140 billion in crypto assets held by ETFs. $140 Billion in US Crypto ETFs: Coinbase Custodies 81% of Total Crypto exchange Coinbase (Nasdaq: COIN) is increasing its presence in institutional crypto custody, reflecting its expanding […] Source CryptoX Portal
The US Bitcoin spot ETFs logged over $2 billion in net inflows last week, marking a three-week streak of positive momentum. Despite a bearish start to June, with $128.81 million in net outflows during the first trading week, investor appetite soon quickly rebounded. This turnaround has resulted in a cumulative $4.63 billion in deposits over the past three weeks. Bitcoin ETFs On Impressive 14-Day Positive Streak Despite Market Uncertainty On Friday June 27, the 12 US Bitcoin ETFs registered net inflows of $501.27 million bringing the aggregate deposits of the…
Bitcoin exchange-traded funds (ETFs) extended their inflow streak to 12 days, raking in $548 million with strong backing from Blackrock and Fidelity. Ether ETFs stayed in the green as well, collecting $60.41 million on the day. Institutional Momentum Builds as Bitcoin and Ether ETFs Log $608 Million Combined Gains Bitcoin ETFs are showing no signs […] Original
The rise of Bitcoin ETFs Bitcoin ETFs are investment vehicles that allow institutional and retail investors to gain exposure to Bitcoin without directly owning or managing the cryptocurrency. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, the market has grown substantially. By Q4 2024, institutional holdings in US Bitcoin ETFs surged to $27.4 billion, a 114% increase from the previous quarter. This rapid adoption showcases the growing institutional interest in cryptocurrency exposure. Major players like BlackRock, Fidelity, VanEck, ARK Invest and Grayscale now manage…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The SEC’s filing cabinet has to be pretty full these days, and their ‘paperwork pending’ stack is getting perilously high. The competition for the leading $SOL ETF takes place at the most visible end of the…
Bitcoin ETFs added another $589 million to their coffers, marking an impressive 11th straight day of inflows, with Blackrock’s IBIT once again dominating. Ether ETFs also stayed in positive territory with a $71.24 million net gain. Crypto Funds Ride Institutional Momentum as Bitcoin and Ether ETFs Stay in the Green Momentum in the crypto exchange-traded […] Original
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Trump Media and Technology Group Corp (TMTG) has officially filed for its second crypto exchange-traded fund (ETF), focusing on Bitcoin (BTC) and Ethereum (ETH), as detailed in a recent filing to the Securities and Exchange Commission…
U.S. spot Bitcoin exchange-traded funds neared a two-week inflow streak on Tuesday, as geopolitical tensions eased and institutional interest continued to drive demand. According to data from SoSoValue, the 12 U.S. spot Bitcoin ETFs drew a combined $588.55 million in inflows on June 24. This marked the strongest single-day performance in over a month and extended the current streak of consecutive inflows to 11 days, totaling more than $3.3 billion. BlackRock’s IBIT led the day with $436.32 million in inflows, accounting for nearly three-quarters of the total. Fidelity’s FBTC and…
Bitcoin ETFs notched their 10th consecutive day of inflows with $350 million added, while ether ETFs returned to net positive territory with a strong $100.78 million inflow, signaling renewed investor confidence in crypto funds. Bitcoin and Ether ETFs Open the Week Strong With Robust Fund Inflows and High Trading Volumes Crypto exchange-traded funds (ETFs) kicked […] Original
Bitcoin ETFs closed the week with an impressive $1.02 billion net inflow, extending their bullish streak, while ether ETFs notched their sixth straight week of inflows, adding $40.24 million. Crypto ETFs Stay Green: Bitcoin and Ether ETFs Record Solid Weekly Inflows Amid Market Confidence The crypto exchange-traded fund (ETF) market wrapped up the third week […] Original