After a rough start to the week, crypto ETFs bounced back. Bitcoin and ether ETFs collectively pulled in $339 million, with Fidelity leading the charge across both asset classes. Fidelity Leads ETF Comeback With Strong Bitcoin and Ether Inflows After Monday’s steep sell-off, the crypto exchange-traded fund (ETF) market found its footing again. Investor appetite […] Original
US spot Bitcoin and Ether exchange-traded funds (ETFs) saw inflows on Tuesday as Federal Reserve Chair Jerome Powell hinted further rate cuts may come before year-end. Spot Bitcoin (BTC) ETFs saw $102.58 million in net inflows, rebounding from a $326 million outflow a day earlier, according to data from SoSoValue. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led gains with $132.67 million in inflows, while BlackRock’s iShares Bitcoin Trust (IBIT) posted a modest outflow of $30.79 million. Total net assets across all spot Bitcoin ETFs reached $153.55 billion, representing 6.82% of…
The price of Ether has nowhere to go but up, according to an analyst, with 40% of Ether now out of circulation amid record institutional demand. “Ethereum has never experienced a market cycle with all three supply vacuums active at once,” said analyst “Crypto Gucci” on Tuesday. Crypto Gucci noted that digital asset treasuries (DATs) did not exist in the last market cycle. Over the past few months, DATs have amassed a whopping 5.9 million ETH, worth around $24 billion and equivalent to 4.9% of the total supply, according to…
Bitcoin and ether exchange-traded funds (ETFs) posted a combined $756 million in outflows after two weeks of blockbuster inflows, as crypto ETFs stumbled into the new week. Crypto ETF Selloff: Bitcoin Loses $327 Million, Ether Funds See $429 Million Exit The streak of optimism in crypto exchange-traded funds (ETFs) hit a wall to start the […] Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum eyes all time highs. Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
After more than a week of strong inflows, bitcoin ETFs finally turned red with $4.5 million in net outflows, while ether ETFs saw a heavier $174.83 million exit. The pullback follows record-breaking trading volumes and suggests investors may be locking in profits after an extended rally. Bitcoin ETFs Slip Red With $4.5 Million Exit While […] Original
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of #Ethereum is surging towards All Time Highs! Let’s discuss the path that #ETH will likely take from here! Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
This year, Texas’ legislature passed a law to establish a strategic Bitcoin reserve in the state, opening the door for other cryptocurrencies in the future. According to the original sponsor of the bill, Ether could be the next reserve asset. Speaking to Cointelegraph on Thursday, Texas state Senator Charles Schwertner discussed the implementation of the Bitcoin (BTC) reserve bill signed into law by Governor Greg Abbott in June. Though the text of the bill allows Texas to hold other cryptocurrencies in a “special fund outside the state treasury,” Bitcoin was…
Bitcoin exchange-traded funds (ETFs) notched their ninth straight day of inflows with $198 million, led by Blackrock’s IBIT, while Ether ETFs ended their eight-day streak with $8.5 million in outflows. Ether ETFs See $8.5 Million Exit as Bitcoin ETFs Add $198 Million After eight days of synchronized gains, the tides shifted in crypto ETF flows. […] Original