Tag: ETFs

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…

Bitcoin and Ethereum ETFs See $1B Outflow

Key Notes Fidelity led withdrawals with $403 million in combined Bitcoin and Ethereum ETF outflows. The recent outflows come as Bitcoin price and Ethereum price saw over 8% correction over the past week. The Crypto Fear & Greed Index fell to 44 (“Fear”) on August 20, reflecting a shift in sentiment. US issuers of spot Bitcoin BTC $113 443 24h volatility: 1.7% Market cap: $2.26 T Vol. 24h: $47.24 B ETFs, and spot Ethereum ETH $4 191 24h volatility: 2.6% Market cap: $504.51 B Vol. 24h: $45.24 B ETFs, faced…

ETH ETFs to Overtake BTC ETFs by Supply Held in September

Key Notes Ethereum ETFs are on track to surpass Bitcoin ETFs in supply held by September. ETH ETFs currently hold 5.08% of supply while BTC ETFs hold 6.38%. ETH spot ETFs saw $197 million in net outflows, the second-largest in history. Ethereum ETH $4 304 24h volatility: 1.0% Market cap: $519.67 B Vol. 24h: $33.37 B exchange-traded funds (ETFs) could soon surpass Bitcoin BTC $115 552 24h volatility: 0.5% Market cap: $2.30 T Vol. 24h: $37.58 B ETFs in terms of supply held, a development that would mark a major…

SEC delays rulings on Truth Social, Solana and XRP ETFs to October

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The US Securities and Exchange Commission (SEC) has delayed rulings on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines into October.  In notices filed Aug. 18, the agency set new decision dates of Oct. 8 for NYSE Arca’s Truth Social Bitcoin and Ethereum ETF, Oct. 16 for 21Shares’ and Bitwise’s Solana ETFs, and Oct. 19 for the 21Shares Core XRP Trust. The Truth Social Bitcoin and Ethereum ETF, submitted on June 24, is structured as a commodity-based trust holding Bitcoin (BTC) and Ether (ETH) directly and issuing shares backed…

Ethereum Demand Grows As ETFs Break Records With $2.85B Weekly Inflow

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Ethereum is once again in the spotlight as it battles volatility after breaking multi-year highs and testing heavy resistance just below $4,800. The rally has brought ETH within striking distance of new records, but the retrace shows that sellers are not giving up easily at these critical levels. Despite the pullback, institutional demand continues to surge at an unprecedented pace, providing strong support for the asset’s long-term outlook. Related Reading In recent weeks, Ethereum ETFs have reported massive inflows even as price action consolidates, signaling that large-scale investors remain confident…

Spot Ether ETFs Post Outflow Day After 8-Day Inflow Streak

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Spot Ether exchange-traded funds (ETFs) closed the week with outflows after a nearly two-week streak of significant inflows. On Friday, US-spot Ether (ETH) ETFs saw $59.3 million in outflows, bringing an end to their eight-day inflow streak that added roughly $3.7 billion to the products, according to Farside data. ETFs are an important analyst signal for Ether price  It comes as Ether fell just 1.94% short of reclaiming its 2021 all-time high of $4,878 on Thursday, before retracing down to $4,448 at the time of publication, according to CoinMarketCap.  The…