Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz. On Tuesday, as bitcoin (BTC) hovered near its […] Original
The U.S.-based spot Bitcoin exchange-traded funds have been running wild over the past three weeks, acting as a major catalyst for the market-wide bullish momentum. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs in the U.S. recorded $870.1 million in net inflows on Oct. 29—a level last seen on June 4. BlackRock’s IBIT fund led with $642.9 million in inflows, with its total net inflows reaching $24.94 billion. Here’s a quick review of the ETF performance yesterday: Fidelity’s FBTC: $133.9 million in inflows. Bitwise’s BITB: $52.5 million…
“$IBIT traded $3.3b today, biggest number in 6mo, which is a bit odd bc btc was up 4% (typically ETF volume spikes in a downturn/crisis),” Balchunas said on X. “Occasionally tho volume can spike if there a FOMO-ing frenzy (a la $ARKK in 2020). Given the surge in price past few days, my guess is this is latter, which means look for (more) big inflows this week.” Source
Monday’s spot crypto exchange-traded fund (ETF) data shows bitcoin (BTC) ETFs reeling in positive inflows of $479.35 million, while ether (ETH) ETFs experienced a slight decline. Bitcoin ETFs Absorb $479M Bitcoin exchange-traded funds (ETFs) have been on a winning streak lately, scooping up significant inflows. On Monday alone, the 12 bitcoin-focused funds saw a collective […] Original
Emory University has disclosed ownership of over $15 million in shares of the Grayscale Bitcoin Mini Trust, according to a recent filing with the U.S. Securities and Exchange Commission. This announcement marks Emory as the first American endowment to publicly report exposure to bitcoin. In addition to its bitcoin investment, Emory holds 4,312 shares of […] Original
Spot Bitcoin exchange-traded funds in the U.S. recorded $479.35 million in inflows on Oct. 28 marking their fourth straight day of net inflows while spot Ether ETFs saw a slowdown in net outflows. According to data from SoSoValue, the majority of the inflows were seen from BlackRock’s IBIT, the largest Bitcoin ETF by assets under management, which saw $315.2 million enter the fund, extending its inflow streak of 10 days. Since its launch, the fund has amassed $24.3 billion in cumulative net inflows. This strong performance from IBIT was complemented…
Este artículo también está disponible en español. Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side. Related Reading Interestingly, data has shown that retail investors are responsible for most of the demand for Spot Bitcoin ETFs, accounting for 80% of the total assets under management.…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading. Crypto ETF Inflows Jump The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ETFs, sosovalue.xyz data shows inflows totaled $188.11 million, with Blackrock’s IBIT taking the lead, capturing $165.54 million. […] Source BitcoincryptoexchangeExchanges CryptoX Portal
A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies. According to a Bloomberg report, a group of Japanese companies lodged a series of proposals on Oct. 25 with a title that translates into “Recommendations for the composition of crypto assets ETFs, etc. in Japan”. The country remains on the fence about whether it will permit the instrument. In the group’s proposal, it states that the majority of voices agree that if Japan…