Tag: ETFs

Bitcoin price stalls as spot ETFs bleed for second week

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Bitcoin price has stalled at $105,000 amid increasing spot ETF outflows and as sentiment among investors turned to neutral.  Bitcoin (BTC) was trading at $105,550 on Sunday, June 8, up by 5% from its lowest point last week. It remains 5.75% below its highest point this year. Bitcoin has wavered recently because of investor profit-taking. In May, its price surged to a record high of $111,900, a 50% surge from the lowest level in April. BTC also wavered as data pointed to outflows from exchange-traded funds. SoSoValue data shows that…

Spot Ether ETFs ongoing inflow streak has hit $812.2M inflows

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US-based spot Ether exchange-traded funds (ETFs) have just recorded a third consecutive trading week of inflows. If next week follows suit, the current inflow streak alone may surpass $1 billion in total inflows. On June 6, spot Ether (ETH) ETFs posted $25.3 million inflows for the trading day, extending the streak to 15 consecutive inflow days, according to Farside data.  Ether ETF inflow streak brings in a significant amount of net total The current inflow streak since May 16 has now brought in $837.5 million, roughly 25% of the total…

Bitcoin ETFs hit with $278 outflows amid Trump-Musk feud

Bitcoin exchange-traded funds (ETFs) in the United States turned red amid worsening sentiment stemming from the ongoing feud between US President Donald Trump and billionaire Elon Musk. After a brief recovery on June 3 and 4, US spot Bitcoin (BTC) ETFs were again hit with outflows on Thursday, totaling $278 million, according to SoSoValue data. The outflows came as the Cryptocurrency Fear & Greed Index flipped from “Greed” to “Fear” on June 6, likely in response to the rupture of the previously close relationship between Trump and Musk, which has…

JPMorgan Plans to Allow Financing Against Crypto ETFs: Report

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JPMorgan, the largest bank in the United States by assets, plans to offer trading and wealth-management clients the option of using crypto-linked assets as collateral for loans, according to a June 4 report from Bloomberg. The bank is set to allow financing against crypto exchange-traded funds (ETFs) in some weeks. JPMorgan will begin with BlackRock’s iShares Bitcoin Trust, which, according to Sosovalue.com, is the largest US spot Bitcoin (BTC) ETF with $70.1 billion in net assets. The bank will also consider clients’ crypto holdings when assessing net worth, treating digital…

JPMorgan to Accept Bitcoin ETFs as Collateral Globally

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JPMorgan is reportedly preparing to accept bitcoin ETFs as collateral for loans globally, signaling a groundbreaking shift toward crypto integration across institutional finance and wealth management. JPMorgan Greenlights Bitcoin ETFs for Global Loan Collateral More financial institutions are increasingly integrating bitcoin into their services—even JPMorgan Chase & Co., historically one of the most cautious on […] Original

JPMorgan to accept Bitcoin ETFs as collateral for loans

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JPMorgan plans to woo wealthy customers with a new offering that allows them to access loans using spot Bitcoin exchange-traded funds as collateral. According to a Bloomberg report on June 4, the Wall Street giant is set to expand its financing options to include spot Bitcoin (BTC) ETFs. Simply put, the bank’s wealthy clients will be able to use their cryptocurrency ETFs as collateral when applying for loans. Per details in the report, this new service will apply to all of JPMorgan’s wealthy clients globally.  Matthew Sigel, head of digital…

Bitcoin ETFs Roar Back After Three-Day Dip as Ether ETFs Extend Inflow Streak to Twelfth Day

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Bitcoin ETFs rebounded from a three-day outflow streak, notching a $378 million inflow, led by ARKB and FBTC. Ether ETFs extended their bullish momentum with a twelfth consecutive day of inflows, totaling $109.43 million. Crypto ETFs See Over $487 Million Combined Inflows Investor optimism returned in full force as bitcoin exchange-traded funds (ETFs) returned from […] Original