Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec. […] Original
Este artículo también está disponible en español. The Bitcoin (BTC) market has undergone a remarkable recovery this year, largely due to the increased popularity of Bitcoin ETFs. BTC reached an all-time high of $73,000 in the first quarter of the year, sparking a bullish trend that continues today, with a recent high of $104,000. The presidential election of Donald Trump has had a huge impact on this rise especially over the past month, as he has positioned himself as the first pro-crypto President, picturing America as the “crypto capital of…
Spot Bitcoin exchange-traded funds in the United States recorded their tenth consecutive day of inflows on Dec. 11, with $223.03 million entering the funds as Bitcoin climbed back above the $100,000 mark. According to data from SoSoValue, the majority of inflows on Dec. 11 went into Fidelity’s FBTC, which saw $121.9 million in new investments, extending its inflow streak to ten days. ARK and 21Shares’ ARKB fund and Grayscale’s GBTC also contributed significantly, with inflows of $52.67 million and $20.13 million, respectively. Additionally, Grayscale Bitcoin Mini Trust, Biwise’s BITB, and…
On Tuesday, spot bitcoin and ethereum exchange-traded funds (ETF) attracted a notable $745.3 million in combined inflows. The two groups of funds saw steady participation, emphasizing continued investor interest in these assets. Bitcoin ETFs Lead the Pack: Cumulative Inflows Skyrocket to $34.35 Billion On Dec. 10, 2024, spot bitcoin ETFs pulled in $439.56 million in […] Original
Spot Bitcoin exchange-traded funds in the United States recorded their ninth consecutive day of inflows on Dec. 10, with total net inflows into these investment products surpassing $34 billion. According to data from SoSoValue, the 12 spot Bitcoin ETFs attracted $439.56 million in inflows on Tuesday, extending their streak to nine days. Over this period, more than $4 billion has entered these funds. BlackRock’s IBIT led the pack, receiving $295.63 million and dominating the inflows for the eighth straight day. Fidelity’s FBTC followed with $210.48 million, while ARK 21Shares’ ARKB,…
Bitcoin exchange traded funds are now the largest holders of the flagship cryptocurrency. The 12 spot bitcoin ETFs in existence have collectively passed $100 billion in assets under management, one of the most successful ETF launches in history. The funds now own slightly more than 1.1 million bitcoin , equivalent to about 5% of all the bitcoin in existence. BTC.CM= YTD mountain Bitcoin in 2024 Collectively, bitcoin ETFs now own more of the cryptocurrency than legendary pseudonymous founder Satoshi Nakamoto, who is believed to control as much as 1.1 million…
Since Election Day, bitcoin exchange-traded funds (ETFs) have garnered the attention of Wall Street investors who seem convinced that President-elect Donald Trump will be able to bring regulatory clarity to push the bitcoin industry to new heights. The companies offering these investment tools have registered inflows of close to $10 billion since November 5, boosting […] Original
Spot Bitcoin exchange-traded funds in the U.S. recorded $479.06 million in inflows on Dec. 9, even as Bitcoin’s price briefly plunged below $95,000, triggering a downturn in the broader crypto market. According to data from SoSoValue, the latest net inflows into 12 spot Bitcoin ETFs marked the eighth consecutive day of positive movement, bringing cumulative inflows over this period to $3.6 billion. BlackRock’s IBIT led the pack for the seventh straight day, attracting $394.07 million in inflows on Dec. 9. Fidelity’s FBTC also performed strongly, securing $175.47 million in inflows.…
Este artículo también está disponible en español. Since Donald Trump became president-elect a little more than a month ago, roughly $10 billion has flooded into US spot Bitcoin ETFs, showing growing optimism that his administration will support the cryptocurrency industry. According to Bloomberg, a dozen funds from big issuers including BlackRock and Fidelity Investments have received around $9.9 billion in net inflows into their various Bitcoin ETFs since November 5, bringing their total assets to around $113 billion. Trump’s Appointments Signal Shift To Pro-Crypto Regulation Trump’s recent selections, such as…
Bitcoin claims the historic $100,000 milestone, President-elect Donald Trump picks former SEC commissioner Paul Atkins to replace Gary Gensler as agency chair, and more in today’s edition of the weekly recap. Bitcoin breaches $100,000 Trump’s SEC pick and crypto czar… Original