Spot bitcoin exchange-traded funds (ETFs) drew $260.27 million in net inflows on Friday, May 16, significantly outpacing spot ethereum ETFs, which recorded a total inflow of $22.12 million. Bitcoin ETFs Dominate Friday Flows While Ethereum Sees Tepid Uptake Leading Friday’s activity in the bitcoin ETF space was Blackrock’s Ishares Bitcoin Trust (IBIT), which took in […] Original
Bitcoin ETFs came roaring back with a $320 million net inflow, led by Blackrock’s IBIT. Ether ETFs also continued their rebound, logging a second straight day of inflows totaling $63 million. Crypto ETFs Catch Fire: Bitcoin Funds Soar, Ether ETFs Log Second Strong Day After a brief pause on Tuesday, May 13, bitcoin exchange-traded funds […] Original
Key Notes Spot Solana ETFs are anticipated to drive institutional adoption and liquidity, much like Bitcoin ETFs did. Analysts are optimistic about approval by year-end, with Polymarket estimating an 82% chance. The SEC is set to rule on Grayscale’s Polkadot ETF, 21Shares’ Polkadot ETFand both Franklin Templeton’s XRP ETF and Bitwise’s Dogecoin ETF by June. On Tuesday, May 13, the U.S. Securities and Exchange Commission (SEC) announced its decision to delay the spot Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B ETF proposed by…
South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions. Still, some industry observers remain cautious about the likelihood of near-term regulatory change. “All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment,” Ki Young Ju, the founder and CEO of onchain data platform CryptoQuant, wrote in a May 14 X post. Currently, Bitcoin ETFs and institutional crypto investments are banned in South Korea, meaning that “100% [of the] volume comes from retail,”…
Bitcoin ETFs broke their four-day inflow streak with a $96 million outflow led by Fidelity’s FBTC. Meanwhile, ether ETFs notched a solid $13.37 million inflow, marking their best daily performance in recent sessions. Fidelity-Led Exit Ends Bitcoin ETF Inflow Run as Ether ETFs Rally With $13 Million Bump After four consecutive days of green, bitcoin […] Original
Bitcoin ETFs marked their fourth straight day of inflows, narrowly holding ground with a $5 million net gain led solely by Blackrock’s IBIT. Meanwhile, ether ETFs fell back into outflow territory, shedding $17.6 million. Bitcoin ETFs Extend Inflow Streak Despite Mixed Flows While Ether ETFs Resume Outflows Momentum may have slowed, but it hasn’t stopped. […] Original
Bitcoin ETFs wrapped up their fourth straight week of net inflows, bringing in $934 million, led overwhelmingly by Blackrock’s IBIT. Ether ETFs, however, saw a $38.15 million weekly outflow. Bitcoin ETF Momentum Continues With 4th Straight Week of Gains As Ether Funds See Weekly Red Institutional appetite for bitcoin ETFs hasn’t cooled; if anything, it’s […] Original
Bitcoin exchange-traded funds (ETFs) kept the inflow trend alive with $321 million in net entries, driven primarily by Blackrock and Fidelity. Meanwhile, ether ETFs ended their three-day outflow streak with a modest $18 million inflow led solely by Blackrock. Bitcoin ETFs Continue to Bring in Strong Inflows With Ether ETFs Ending Losing Streak Momentum in […] Original
Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approached all-time high asset levels. Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total inflows year-to-date (YTD), according to data from European crypto investment firm CoinShares. Total YTD inflows now stand at $6.7 billion, closing in on the record $7.3 billion posted in early February, according to CoinShares’ head of research James Butterfill. Weekly crypto ETP inflows since late 2024. Source: CoinShares Amid…
U.S. spot Bitcoin ETFs logged a third week of strong inflows as investor demand stayed high, helped by easing trade war worries after the U.S. struck a deal with a key partner and signaled talks with China’s president to improve ties. According to data from SoSoValue, the 12 spot Bitcoin ETFs brought in $921 million over the past week, dated from May 5-9. Notably, these investment products have been on a strong inflow run for three straight weeks, bringing nearly $5.8 billion. BlackRock’s IBIT led the pack again, bringing in…