Tag: ETFs

Bitcoin ETFs bleed cash as Abu Dhabi doubles down

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BlackRock’s iShares Bitcoin Trust (IBIT) recorded $523 million in net outflows on Tuesday, its most significant single-day withdrawal since launching in January 2024. Summary Abu Dhabi’s sovereign wealth fund Mubadala invested $518 million in a Bitcoin ETF. The fund tripled its Bitcoin exposure just before the crypto crash. BlackRock Inc.’s iShares Bitcoin Trust ETF posted five consecutive days of outflows totaling $1.43 billion. The fund has now posted five consecutive days of outflows totaling $1.43 billion, contributing to four straight weeks of withdrawals amounting to $2.19 billion. The accelerating outflows…

🚨BIG CRYPTO NEWS! US TREASURY IRS APPROVE STAKING IN ETFS & MARKET STRUCTURE BILL MAKES PROGRESS!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: Scott Bessent says the US Treasury and IRS approve staking in crypto ETFs. The Senate Agriculture committee has released its long-awaited bipartisan crypto market structure discussion draft. Brought to you by 🏠 Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that leverages smart contracts to facilitate property transactions globally & 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly…

Bitcoin ETFs Sales Near $3B, Threaten Worst Month On Record

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Bitcoin exchange-traded funds (ETFs) are closing in on $3 billion in net outflows for November, putting the products on track for their worst month yet after BlackRock’s fund logged its biggest day of redemptions on record. US spot Bitcoin (BTC) ETFs extended their five-day losing streak Tuesday, logging another $372 million in net negative outflows, according to Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) ETF recorded $523 million in outflows, marking its largest day of outflows since its debut in January 2024. The latest outflows bring November’s total to $2.96…

Solana ETFs Are Slow and Steady Despite the Bitcoin, Ethereum Selloff

Key Notes Solana ETFs have recorded back-to-back inflows since Oct.31. New SOL-related investment products have entered the market. Bitcoin and Ethereum ETFs saw over $3 billion in outflows over the last five trading days. Solana SOL $140.6 24h volatility: 2.7% Market cap: $77.76 B Vol. 24h: $6.08 B is seeing growing interest from institutional investors while the leading assets — Bitcoin BTC $91 846 24h volatility: 1.2% Market cap: $1.83 T Vol. 24h: $79.61 B and Ethereum ETH $3 095 24h volatility: 2.1% Market cap: $371.75 B Vol. 24h: $32.27…

Solana Reclaims $140 As Second Wave Of SOL ETFs Debut

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Amid the second wave of crypto-based Exchange-Traded Funds (ETFs), Solana (SOL)-based investment products have been leading the charge, fueled by strong demand despite the recent market volatility. As a new group of investment products based on the altcoin hits the market and SOL’s price starts to recover, some suggest that a rebound could be underway. Related Reading Solana ETFs Take Over The second wave of Solana ETFs has arrived in the market after the successful launch of SOL-based investment products. On Monday, VanEck debuted its Solana ETF (VSOL) on Nasdaq,…

Model Shows How XRP Could Hit $24 After ETFs Go Live

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A new pricing model from Diana, a crypto analyst on X, projects that XRP could climb into the $7–$24 range within 60 days of the ETF launch, driven strictly by inflow pressure and the asset’s constrained liquid supply. The model reportedly relies on supply-absorption math, revealing how ETF-driven demand could shift XRP’s market pricing once XRP ETFs go live. New XRP ETF Inflow Model Maps A Direct Route To $24 Diana’s newly released “XRP ETF Launch Impact Model” outlines a clear, data-driven view on how ETF inflows alone could reprice…

Bitcoin ETFs Bleed $1.1B, Analysts Call ‘Mini’ Bear Market, Pivotal Moment

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US spot Bitcoin exchange-traded funds (ETFs) closed a third straight week in the red, deepening concerns that one of Bitcoin’s biggest institutional demand engines is stalling. Spot Bitcoin (BTC) ETFs saw $1.1 billion in net negative outflows during the past trading week, marking their fourth-largest week of outflows on record, according to Farside Investors data. The ETF outflows occurred during a significant correction, as Bitcoin’s price fell by over 9.9% during the past week, to trade at $95,740 at the time of writing, Cointelegraph data shows. Bitcoin ETF flows (in…