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Bitcoin ETFs Surge Ahead With $61.3M Inflows, Ethereum ETFs Struggle
1.10.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post...
Bitcoin ETFs Boosted by Inflows, Ether ETFs Hit by $79.21M Outflow
24.9.2024
According to the latest figures from sosovalue.xyz, spot bitcoin exchange-traded funds (ETFs) pulled in $4.56 million in inflows, while ether ETFs saw a hefty outflow of $79.21 million on Monday. Mixed Day for Crypto ETFs Spot bitcoin ETFs had a positive day on Monday as three funds attracted...
Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves
13.1.2024
Statistical data reveals that Binance and Coinbase, two titans in the cryptocurrency exchange arena, cumulatively possess 11.85% of the $1.68 trillion digital currency economy. In addition, these prominent trading platforms control 7.83% of the total bitcoin supply, underscoring their significant...
Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges
23.12.2022
According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter...
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
19.3.2022
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges...
Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years
12.3.2022
The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency...
Ethereum supply shock: Exchange ETH reserves continue to fall after a 26% drop in 2021
25.8.2021
To date, 92,595 ETH have been burned following Ethereum's London hard fork upgrade
Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened
6.12.2020
Just recently, after the exchange paused cryptocurrency withdrawals, the trading platform Okex finally enabled digital currency withdrawals last Wednesday. Since then, the exchange seems to be experiencing an exodus of funds leaving, as onchain data shows Okex’s crypto-asset reserves like...