The U.S. spot bitcoin ETFs experienced another day of net inflows, marking five consecutive green trading days. Blackrock’s IBIT Dominates Bitcoin ETFs as Inflow Streak Continues Spot bitcoin exchange-traded funds (ETFs) have shown strong performance recently with five consecutive days of inflows, according to market data from Sosovalue. On Wednesday, Jan. 22, a total of […] Original
Tag: Ether
Trump Son Drops Hints About Major World Liberty Financial Plans After Massive Ether Buy
Este artículo también está disponible en español. With an appealing teaser about an impending “big move” from World Liberty Financial, Donald Trump Jr. has aroused intrigue among the cryptocurrency community. Alongside this announcement, the company revealed that it had purchased $48 million worth of Ethereum, which fueled rumors about its strategic ambitions in the cryptocurrency space. Related Reading The Power Of A Cryptic Tweet Trump Jr.’s short yet impactful tweet allowed for plenty of speculation. If he does mean a revolutionary endeavor, then given the huge purchase of Ethereum done by…
Trump’s World Liberty Project Accumulates Over $100 Million in Ether
World Liberty, Trump’s associated decentralized finance project, acquired over $100 million worth of ETH before its launch. While the spotlight has been taken by the meme tokens of President Trump and the First Lady, World Liberty has been accumulating Ether stealthily. According to Spot on Chain, World Liberty bought $48 million worth of ETH yesterday. […] Source CryptoX Portal
Bitcoin ETFs continue to see outflows while Ether ETFs rebound
Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of outflows on Jan. 14, while Ethereum ETFs shifted to inflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $209.82 million in net outflows on Tuesday, extending their outflow streak to four days, during which over $1.2 billion exited the funds. The majority of outflows on the day came from BlackRock’s IBIT, which logged an outflow of $219.48 million, followed by Bitwise’s BITB, which saw an outflow of $8.93 million. WidomTree’s BTCW managed to…
Bitcoin ETFs Close the Week in Green As Ether ETFs Plummet
Weekly data for crypto ETFs revealed contrasting fortunes for bitcoin and ether ETFs. Spot bitcoin ETFs attracted $307.2 million in net inflows, while spot ether ETFs posted a combined loss of $185.89 million. $185 Million Outflows for Ether ETFs Amid Decent Gains for Bitcoin ETFs Bitcoin exchange-traded funds (ETFs) closed the week in the green, […] Original
Ripple President Suggests XRP ETF Could Follow Bitcoin and Ether ETFs
Bitcoin and ether ETFs could be followed by an XRP ETF with a crypto-friendly Trump administration on the horizon. XRP ETF Could Be the Next Biggest Thing for Crypto in the U.S. Ripple President Monica Long stated in a Bloomberg interview on Tuesday that an XRP exchange-traded fund (ETF) may soon materialize as advantageous U.S. […] Original
Crypto Tug-of-War: Bitcoin ETFs Rise, Ether ETFs Suffer
Data compiled on Jan. 8, 2025, reveals a contrasting performance among cryptocurrency exchange-traded funds (ETFs). On Tuesday, the 12 spot bitcoin ETFs attracted $52.39 million in net inflows, while the nine spot ether ETFs posted a combined loss of $86.79 million. $86M Outflow Hits Ether ETFs Amid Modest Bitcoin ETF Gains According to Sosovalue stats, […] Original
New Year’s ETF Action: Bitcoin and Ether Funds Close 2024 With Modest Gains
On New Year’s Eve, the spotlight was on spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), which ended the year with modest gains. Bitcoin ETFs saw inflows totaling $5.32 million, while ether ETFs brought in a more impressive $35.93 million. Ethereum ETFs Shine on Dec. 31 as Bitcoin Funds Face Mixed Results On Tuesday, […] Original
Bitcoin ETFs see tepid Inflows, while Ether ETFs rebound strongly
Both spot Bitcoin and Ethereum exchange-traded funds recorded inflows on Dec. 31, following a day of significant outflows amid a broader market downturn that saw both assets experience heavy losses. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged a net inflow of $5.32 million on Tuesday marking an end to its 2-day outflow streak that saw over $723 million leave the funds. The majority of inflows came into Fidelity’s FBTC which saw $36.81 million enter the fund. Bitwise’s BITB and Grayscale Bitcoin Mini Trust contributed to the…
Ether (ETH) Is Expected to Outperform Bitcoin (BTC) in 2025, Steno Research Says
Ether (ETH), the second-biggest cryptocurrency by market cap, is likely to outperform larger rival bitcoin (BTC) in 2025, Steno Research said in a report Sunday, citing historical trends and Donald Trump’s U.S. election victory. Bitcoin is predicted to reach a minimum of $150,000 next year, up from about $94,000, while ether will more than double to at least $8,000 from $,3400, the report said. Steno said it expects the ether/bitcoin ratio to rise to 0.06 in the next 12 months from the current 0.0357, echoing the price action seen in…