Ether ETFs Outshine Bitcoin ETFs for Second Straight Day With $403 Million in Inflows

Crypto exchange-traded funds (ETFs) raked in $766 million on Friday, July 18, with ether ETFs once again outpacing their bitcoin counterparts. Fueled by Blackrock’s dominance, ether products continue to gain serious institutional momentum. Blackrock Dominates As Crypto Funds Pull $766M in Daily Inflows For the second day in a row, ether ETFs outpaced bitcoin ETFs […] Original

Spot Bitcoin ETFs Surge with $363M Inflows, Extend 12-Day Rally to $6.6B

Spot Bitcoin ETFs recorded a net inflow of $363 million on Friday, marking the twelfth consecutive day of net inflows amid strong investor interest. BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with a net addition of $496.75 million, strengthening its position as the largest spot Bitcoin (BTC) ETF with $86.50 billion in assets, according to data from SoSoValue. Fidelity’s Bitcoin ETF (FBTC) experienced a slight outflow, losing $17.94 million, while Grayscale’s Bitcoin Trust (GBTC) saw a larger outflow of $81.29 million despite managing $21.45 billion in assets. Ark’s Bitcoin…

While the West Chases Memecoins and ETFs, Africa is Building Blockchain Resilience

In Western Europe and North America, decentralised finance, referred to in common terms as DeFi, is largely seen through the lens of investment. The following guest post/opinion editorial was written by Kamal Youssefi, President of The Hashgraph Association. How Blockchain Can Replace Broken Financial Systems Asset managers involved in DeFi are promoting products that include […] Source CryptoX Portal

US Bitcoin ETFs Log First-Ever Back-to-Back $1B Inflows

US-based spot Bitcoin ETFs recorded over $1 billion in inflows for the second consecutive day on Friday, marking the first time since their January 2024 launch that they’ve seen two back-to-back days with ten-digit inflows. On Friday, the 11 spot Bitcoin (BTC) ETF products recorded total inflows of $1.03 billion, following $1.17 billion in inflows the day before, according to Farside data.   $2.72 billion flowed into Bitcoin ETFs across the ATH week NovaDius Wealth Management president Nate Geraci said in an X post that since the January 2024 launch, there…