Spot Bitcoin exchange-traded funds in the United States recorded nearly $1 billion in inflows on Jan. 6 as Bitcoin managed to recover to the $102k level. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded inflows of $987.06 million on Monday, marking their second straight day of inflows. Over these two days, the ETFs saw over $900 million in inflows each day, totaling nearly $1.89 billion. The recent jump in inflows nearly offset the streak of low demand observed in the latter half of December, during which the…
Tag: ETFs
Ethereum Spot ETFs Record $38 Million Outflows, Break 5-Week Positive Streak
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…
Crypto ETFs Soar: Nearly $1 Billion Poured Into Bitcoin Funds in a Single Day
On Friday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted gains, reversing losses from the previous day. Approximately $908.10 million was poured into these ETFs, with dominant players like IBIT, ARKB, and FBTC securing the majority of the inflows. A Billion-Dollar Day: Bitcoin and Ether ETFs Deliver a Positive Ending to a Blockbuster […] Original
Bitcoin ETFs Bleed $242M, Blackrock Takes a $332M Hit in Massive Outflow
U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $242.30 million in outflows draining from the 12 funds. Among them, Blackrock felt the brunt of the day’s trading, losing the most. Market Jitters: $242M Drains From U.S. Bitcoin ETFs, Blackrock Feels the Heat Data harvested from Sosovalue reveals that the […] Original
Bitcoin $140,000 Projection And SOL, XRP ETFs Approval In 2025 Crypto Forecast
Este artículo también está disponible en español. With the arrival of the new year, the cryptocurrency market is experiencing a significant rebound, as the leading 100 cryptocurrencies, headed by Bitcoin (BTC), show increases and positive trends. In light of this revival, crypto expert Miles Deutscher has revealed his forecasts for 2025, providing perspectives on the upcoming paths of key cryptocurrencies and market tendencies. Bitcoin Price Potential To Hit $1 Million Deutscher begins by addressing the current state of the Bitcoin dominance chart, suggesting that it has likely peaked for this…
Bitcoin ETFs see tepid Inflows, while Ether ETFs rebound strongly
Both spot Bitcoin and Ethereum exchange-traded funds recorded inflows on Dec. 31, following a day of significant outflows amid a broader market downturn that saw both assets experience heavy losses. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged a net inflow of $5.32 million on Tuesday marking an end to its 2-day outflow streak that saw over $723 million leave the funds. The majority of inflows came into Fidelity’s FBTC which saw $36.81 million enter the fund. Bitwise’s BITB and Grayscale Bitcoin Mini Trust contributed to the…
Bitcoin ETFs log continued outflows as BTC remains under $93k
Spot Bitcoin exchange-traded funds in the United States continued to experience outflows on Dec. 30, with Bitcoin remaining below $93,000. According to data by SoSoValue, the 12 spot Bitcoin ETFs recorded $426.13 million in outflows on Dec. 30 extending their outflow streak to two consecutive days that saw $723.8 million leave the funds. Fidelity’s FBTC saw the highest outflows of the day with $154.64 million withdrawn from the fund while Grayscale’s GBTC followed with an outflow of $134.5 million. Additional outflows were seen from BlackRock’s IBIT, Grayscale Bitcoin Mini Trust,…
Fidelity and Ark Lead the Way as Bitcoin ETFs Surge
Thursday’s rally was a welcome change after four consecutive days of total daily net outflows. Post Christmas Rally Snaps Four-Day ETF Exodus The Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21shares Bitcoin ETF (ARKB) on Thursday amassed $245 million and $187 million in daily net inflows respectively, as spot bitcoin exchange-traded funds (ETFs) saw […] Source CryptoX Portal
Bitcoin ETFs see strong rebound with $475.15m inflows
Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.15 million of inflows on Thursday following four straight days of outflows that saw over $1.5 billion leave the funds. Fidelity’s FBTC led the lot with inflows of $254.37 million followed by ARK 21Shares’ ARKB which attracted $186.94 million in inflows. BlackRock’s IBIT saw an inflow of $56.51 million while Grayscale Bitcoin Mini Trust and…
Crypto Shake-Up: Bitcoin ETFs Plummet as Ether Funds Surge Ahead
On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while the nine spot ether ETFs enjoyed inflows of $53.54 million. Bitcoin ETFs Falter as Ether ETFs Rally in Market Tug-of-War Tuesday marked the fourth consecutive day of losses for the spot bitcoin ETFs, with $338.38 million leaving the sector. […] Original