Tag: ETFs

Bitcoin ETFs log fourth consecutive day of outflows, totaling $650m as BTC struggles

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Spot Bitcoin exchange-traded funds in the United States experienced their fourth consecutive day of outflows on Feb. 13, with a total loss of $156 million, primarily driven by withdrawals from Fidelity’s FBTC and ARK 21Shares’ ARKB. According to SoSoValue data, the 12 spot Bitcoin ETFs recorded $156.69 million in net outflows, representing a 37.6% drop from the $251.03 million in outflows recorded the previous day. Fidelity’s FBTC led outflows for the fourth consecutive day, with $94.46 million exiting the fund, followed by ARK 21Shares’ ARKB with $52.73 million. Additional outflows…

Bank of Montreal Has Been Quietly Buying Bitcoin ETFs

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The Bank of Montreal (BMO), Canada’s third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) on Thursday. The regulator requires institutional investment managers who manage more than $100 million […] Original

Bitcoin ETFs Experience Third Consecutive Day of Outflows With $251 Million Loss

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On February 12, bitcoin ETFs experienced a third consecutive day of outflows, losing $251 million due to significant withdrawals from FBTC and ARKB. Bitcoin ETFs Extend Outflow Streak Bitcoin and ether exchange-traded funds (ETFs) faced significant withdrawals on Wednesday, Feb. 12. Bitcoin ETFs recorded their third consecutive day of outflows, totaling $251.03 million. Notably, Fidelity’s […] Original

Bitcoin ETFs See Another Day of Outflows As Ether ETFs Bounce Back With $12 Million Inflow

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Bitcoin ETFs faced a net outflow of $56.76 million, while ether ETFs enjoyed a net inflow of $12.57 million, highlighting divergent investor sentiments. Bitcoin ETFs See $56.76 Million Outflow With Ether ETFs Attracting $12.58 Million Inflow The daily trading action of crypto exchange-traded funds (ETFs) on Tuesday, Feb. 11 saw contrasting fortunes for bitcoin and […] Original

Bitcoin ETFs continue to see outflows as BTC briefly dips below $95K

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Spot Bitcoin exchange-traded funds in the United States continued to see net outflows on Feb. 11, as BTC stayed below the $100K mark, briefly dipping under $95K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, extending their negative streak to two consecutive days with $186.28 million in outflows from the funds seen the previous day. Fidelity’s FBTC led the outflows for the second day with $43.63 million leaving the fund. Franklin Templeton’s EZBC, Invesco Galaxy’s BTCO, Bitwise’s BITB and WisdomTree’s…

XRP and Solana eye ETFs while Agent A.I. builds its future

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP and Solana eye ETF approvals, Agent A.I. is making waves with its fusion of AI and meme coin culture. XRP and Solana (SOL) are emerging as key players, with their sights set on exchange-traded funds. Meanwhile, a fresh contender, Agent A.I., promises to shake things up with its unique approach. Agent A.I. stands out amid claims of fake intelligence, presenting a meme coin with a playful yet…

Bitcoin ETFs Coming To Japan? Government Prepares To End Ban

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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…

Top New Crypto to Buy as Japan Considers Approving Bitcoin ETFs

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Japan is making a dramatic shift in its stance on cryptocurrency. The Financial Services Agency (FSA), which once imposed a steep 55% tax on crypto income, is now considering lowering it to a more manageable 20%. Additionally, Japan is exploring the approval of Bitcoin ETFs, potentially reversing its previous ban on the asset. This move likely comes as a result of SoftBank’s foray into crypto. Nevertheless, the country now looks keen to align itself with the rest of the world as far as the crypto consensus is concerned. With yet…

Japan Wants to Classify Crypto Assets As Financial Products and Lift Ban on Bitcoin ETFs

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Japan is mulling over presenting cryptocurrencies as securities-like financial products to mandate companies to reveal more details and safeguard investors. Crypto Assets to be Classified as Financial Products to Protect Investors Japan’s Financial Services Agency (FSA) is considering significant reforms to its crypto regulations, aiming to classify crypto assets as financial products akin to securities. […] Original