Tag: ETFs

Bitcoin ETFs end 10-day inflow run as Trump tariff drama sparks investor jitters

boss

U.S. spot Bitcoin ETFs hit a rough patch on May 29, snapping their impressive 10-day inflow streak as investors took a step back amid fresh uncertainty around Donald Trump’s trade policy following conflicting court decisions. According to data from SoSoValue, a total of $358.65 million flowed out of the 12 U.S.-listed spot Bitcoin ETFs on the day, marking the first net outflow since mid-May. This reversal comes after a strong run that saw more than $4.2 billion enter these funds in just 10 days. Leading the outflows was Fidelity’s FBTC,…

Bitcoin ETFs have first joint outflow in 2 weeks, but BlackRock bucks trend

boss

US spot Bitcoin exchange-traded funds have seen their first joint outflow day in over two weeks, with only BlackRock’s fund seeing a net inflow for the day. The 11 Bitcoin (BTC) ETFs together recorded a net outflow of $347 million on May 29, ending a 10-trading-day inflow streak, which last happened on May 13, according to CoinGlass. It is also the largest single day of net outflows since March 11, when $396 million in total left the ETFs. The latest outflows came as Bitcoin sank by more than 3.5% on…

US Eyes More Bitcoin as ETFs Hit 6-Month High

Key Notes The US government may explore Bitcoin purchases under a budget-neutral mandate. Bitcoin ETFs have recorded over $5.7 billion in inflows in May, the best performance since November 2024. Despite record highs, retail investors remain largely inactive, and long-term holders are increasing BTC outflows. David Sacks, the White House’s designated crypto and AI czar, revealed during a fireside chat at the Bitcoin 2025 conference that the US government could explore additional Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B purchases, provided the…

Bitcoin ETFs and stablecoins take center stage in South Korea’s election

boss

Cryptocurrency has emerged as a defining issue in South Korea’s snap presidential election, with candidates vying for support from a growing base of digital asset investors across generations. All three front-runners have rolled out crypto-friendly proposals. These include the legalization of spot Bitcoin (BTC) exchange-traded funds (ETFs) and the easing of banking rules that currently restrict fiat-to-crypto trading to just five platforms. The June 3 vote is slated to come around two years early, triggered by the impeachment of former president Yoon Suk-yeol after his controversial declaration of martial law…

Crypto ETFs Are Booming – But Best Wallet Proves Crypto Wallets Aren’t Just Insurance Policies

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. ARK Invest’s Cathie Wood spilled her insights into crypto ETFs and wallets at the recently concluded Solana Accelerate event in New York. She said that while there can be no doubt the crypto wallet space is…

Crypto ETFs won’t lose ‘their luster’ as wallet adoption grows — Cathie Wood

boss

ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy no matter how big crypto wallet adoption becomes over the next decade. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a button,” Wood said at the Solana Accelerate event in New York on May 23. Wallets remain an insurance policy, says Wood “So ETFs for those who want the convenience, I don’t think, will lose a…

Bitcoin ETFs boast inflows as IBIT closes the gap with GLD

boss

Spot Bitcoin exchange-traded funds, or ETFs, had another strong week as inflows surged to a record level. Investors added $2.7 billion to Bitcoin (BTC) ETFs, the biggest weekly increase since April when they added $3.06 billion. These funds have now had inflows for six consecutive weeks, bringing the cumulative inflows since inception to $44.53 billion. They all hold $131 billion in assets, equivalent to 6.24% of Bitcoin’s valuation. Bitcoin ETF inflows | Source: SoSoValue The iShares Bitcoin ETF, whose ticker symbol is IBIT, has had cumulative inflows of $48 billion…