Bitcoin ETFs kept their inflow streak alive with $117 million on Thursday, powered by Blackrock, Fidelity, and Ark 21shares. Ether ETFs extended their outflow streak to a third day, losing $16.11 million. Bitcoin ETF Momentum Builds but Ether ETFs Post Day Three in the Red Investor appetite for bitcoin ETFs continued to build momentum Thursday […] Original
Bitcoin ETFs snapped back with a $142 million inflow after Tuesday’s dip, led by strong interest in ARKB and FBTC. Ether ETFs, meanwhile, continued their slide with a $21.77 million outflow driven solely by Blackrock’s ETHA. Bitcoin ETFs Rebound Strong But Ether ETFs Hit by $21.77M Outflow The bulls returned to bitcoin ETFs midweek, pushing […] Original
Bitcoin exchange-traded funds (ETFs) saw their three-day inflow streak broken with $86 million in net outflows, primarily due to a sharp drawdown from Grayscale’s GBTC. Ether ETFs also took a hit, recording an $18 million exit, entirely from Fidelity’s FETH. GBTC and FETH Lead the Exit for Bitcoin and Ether ETFs The tide briefly turned […] Original
Bitcoin ETFs opened the week strong with a $425 million net inflow, entirely driven by Blackrock’s IBIT. Ether ETFs stayed quiet, recording no activity for the day. Blackrock’s IBIT Powers $425 Million Bitcoin ETF Inflow As Ether ETFs Stay Flat Bitcoin ETFs wasted no time setting the tone for the new week. Fueled solely by […] Original
Key Notes Spot BTC ETFs continue their inflows for the third consecutive week. Bitcoin’s market dominance is almost at 64%. A crypto analyst expects Bitcoin to fall to $92,000. Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B is facing consolidation below the $95,000 mark while its market dominance has been consistently increasing. The largest cryptocurrency is currently trading at $94,450. The BTC price chart shows a consistent decline between May 2 and 5. This is usually a sign of an overheated market. According…
Bitcoin ETFs posted a $1.81 billion net inflow for the week ending May 2, marking their 3rd consecutive week in the green. Ether ETFs also saw another week of gains, pulling in $106.75 million and extending their rebound. Bitcoin ETFs Keep Winning Streak Alive As Ether ETFs Follow with $106 Million The streak continues for […] Original
U.S. spot Bitcoin ETFs saw a noticeable slowdown in inflows last week, mostly because investors got spooked by weak U.S. economic data and Trump’s new tariffs, which raised fresh worries about stagflation. According to data from SoSoValue, Bitcoin ETFs brought in $1.81 billion over the past week, which was a little over 40% less than the $3.06 billion they recorded the week before. Net inflows into BTC ETFs observed over the last week | Source: SoSoValue Most of last week’s inflows went into BlackRock’s IBIT, which attracted a massive $2.48…
Spot Bitcoin exchange-traded funds (ETFs) in the United States bought up nearly six times as many Bitcoin as were produced by miners over the last week. The US-based Bitcoin (BTC) funds bought a whopping 18,644 Bitcoin over the past week when only 3,150 BTC were mined for the period, reported asset allocator HODL15Capital on May 4. This accumulation by institutions and ETF issuers represents almost six times the amount of the asset being produced since miners only generate 450 coins per day. The total inflow for the past five trading…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
The cryptocurrency market continued its recovery in the past week as the total crypto market capitalization breached the $3 trillion mark for the first time since the beginning of March. Bitcoin (BTC) rose to an over two-month high of $97,300 last seen at the end of February, before the “Liberation Day” tariffs announcement in the US, bolstering analyst predictions for a rally driven by “structural” institutional and exchange-traded fund (ETF) inflows into the world’s first cryptocurrency. Risk appetite continued rising among crypto investors, as Chinese state-linked news outlets indicated that…