Tag: ETFs

Bitcoin ETFs switch to outflows as BTC falls under $95k

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Spot Bitcoin exchange-traded funds in the U.S. shifted to net outflows on Feb. 18 as Bitcoin briefly dipped under $95,000, driven by declining odds of Trump approving a Strategic Bitcoin Reserve in the U.S. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a net outflow of $60.63 million on Friday, a reversal from the $66.19 million in net inflows recorded the previous trading day. The majority of outflows came from Bitwise’s BITB, which saw $112.65 million exit the fund, followed by Fidelity’s FBTC, which logged $16.42 million…

Bitcoin ETFs Rebound With $66.19 Million Inflow, Ether ETFs Attract $11.65 Million

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Both bitcoin and ether ETFs started the week positively, with net inflows of $66.19 million and $11.65 million, respectively. Fidelity’s FBTC led bitcoin ETF inflows, while Fidelity’s FETH was the primary contributor to ether ETF inflows. Bitcoin and Ether ETFs Kick Off Week With Positive Inflows After a challenging period of outflows, crypto exchange-traded funds […] Original

Bitcoin ETFs bleed out $585m in weekly exodus, ending 6-week inflow streak

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Spot Bitcoin exchange-traded funds in the United States flipped to net weekly outflows over the past week, ending their six-week inflow streak that brought in over $5 billion. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $585.65 million in net weekly outflows for the week ending Feb. 14, breaking a six-week inflow streak that brought in over $5 billion. Notably, the week began with $186.28 million in outflows on Feb. 10, which continued with $56.76 million, $251.03 million, and $157.78 million over the next three trading days.…

ETF Weekly Recap: Red Week for Bitcoin and Ether ETFs With Net Outflows of $581.23 Million and $26.3 Million

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Between Feb. 10 and 14, bitcoin ETFs experienced a net outflow of $581.23 million, while ether ETFs saw a net outflow of $26.3 million. This trend reflects cautious investor sentiment amid market volatility. Market Volatility Sparks Significant Outflows From Bitcoin and Ether ETFs Bitcoin and ether exchange-traded funds (ETFs) had a negative trading week between […] Original

PlanB transfers Bitcoin to ETFs, prefers ‘peace of mind’

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Prominent Bitcoin analyst PlanB confirmed a transfer of BTC holdings to ETFs. The move has triggered discussions about self-custody within the cryptocurrency community. The analyst, known for his stock-to-flow Bitcoin (BTC) price model, cited ease of management and peace of mind as key factors in his decision. In a post to his 2 million X followers, PlanB explained that managing Bitcoin alongside traditional investments like equities and bonds through ETFs better suits his needs. “Not having to hassle with keys gives me peace of mind,” he stated, acknowledging the departure…

Bitcoin ETFs Get $2 Million Boost From National Bank of Canada

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Wisconsin, Abu Dhabi disclose hundreds of millions in Bitcoin ETFs

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Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund publicly disclosed its Bitcoin purchase. The State of Wisconsin Investment Board acquired an additional 3.1 million shares of BlackRock’s iShares Bitcoin (BTC) Trust in Q4 2024, according to a 13F filing with the Securities and Exchange Commission Last year, Wisconsin became the first sovereign fund to gain exposure to Bitcoin ETFs. Initially, the board purchased nearly 95,000 IBIT shares and also invested in the Grayscale Bitcoin ETF. By August, Wisconsin had increased its holdings…

Bitcoin ETFs Face Fourth Consecutive Day of Outflows, Resulting in $157 Million Loss as Ether ETFs Attract $13 Million Inflow

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The fourth day of consecutive outflows for bitcoin ETFs saw a loss of $156.69 million, with significant withdrawals from Fidelity’s FBTC and ARK 21Shares’ ARKB. In contrast, ethereum spot ETFs attracted $12.92 million in inflows, led by Blackrock’s IBIT and Fidelity’s FETH. Bitcoin ETFs Shed $650.76 Million Over Four Days Bitcoin and ether exchange-traded funds […] Original