Tag: ETFs

Bitcoin ETFs log continued outflows as BTC remains under $93k

Spot Bitcoin exchange-traded funds in the United States continued to experience outflows on Dec. 30, with Bitcoin remaining below $93,000. According to data by SoSoValue, the 12 spot Bitcoin ETFs recorded $426.13 million in outflows on Dec. 30 extending their outflow streak to two consecutive days that saw $723.8 million leave the funds. Fidelity’s FBTC saw the highest outflows of the day with $154.64 million withdrawn from the fund while Grayscale’s GBTC followed with an outflow of $134.5 million. Additional outflows were seen from BlackRock’s IBIT, Grayscale Bitcoin Mini Trust,…

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Thursday’s rally was a welcome change after four consecutive days of total daily net outflows. Post Christmas Rally Snaps Four-Day ETF Exodus The Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21shares Bitcoin ETF (ARKB) on Thursday amassed $245 million and $187 million in daily net inflows respectively, as spot bitcoin exchange-traded funds (ETFs) saw […] Source CryptoX Portal

Bitcoin ETFs see strong rebound with $475.15m inflows

Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.15 million of inflows on Thursday following four straight days of outflows that saw over $1.5 billion leave the funds. Fidelity’s FBTC led the lot with inflows of $254.37 million followed by ARK 21Shares’ ARKB which attracted $186.94 million in inflows. BlackRock’s IBIT saw an inflow of $56.51 million while Grayscale Bitcoin Mini Trust and…

Bitcoin ETFs continue outflow streak as BTC tumbled under $93k

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Spot Bitcoin exchange-traded funds in the United States saw their third straight day of outflows as Bitcoin struggled to recover to $100K following the Fed’s hawkish rate cut. According to data from SosSoValue, the 12 spot Bitcoin ETFs recorded $226.56 million in inflows on Dec. 23 exterior their streak of outflows to three days that saw over $1.18 billion leave the funds. The majority of outflows were seen from Fidelity’s FBTC which logged outflows of $145.97 million while Grayscale’s GBTC followed with $38.39 million withdrawn from the fund. Other BTC…

Ethereum Price Drops 12% As Spot ETFs Witness Significant Net Outflows

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

A Crypto First: Hybrid Spot Bitcoin-Ethereum ETFs From Hashdex and Franklin Templeton Approved by SEC 

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The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix […] Original

Bitcoin ETFs record $680m outflows as BTC dips below $96k

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Spot Bitcoin exchange-traded funds in the United States recorded $680 million in outflows on Dec. 19 as Bitcoin fell below $96k amid the Federal Reserve maintaining a cautious outlook on future interest rate cuts. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged outflows of $680 million on Thursday, breaking a 15-day streak of inflows that had brought over $6.7 billion into the funds. Fidelity’s FBTC led the decline with $208.55 million exiting the fund, followed by Grayscale Bitcoin Mini Trust and ARK 21Shares’ ARKB, which recorded outflows…