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Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival
22.2.2024
Bitcoin ETFs had their first day of net negative outflows for the month of February on Tuesday – a possible sign that hype around the investment vehicles is starting to die down.
The post Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival appeared first on Cryptonews
Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales
16.2.2024
Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC). Data compiled from BitMEX Research shows that Bitcoin ETFs have absorbed over $400 million of flows...
Gold Funds See Big Outflows Alongside Rush of Money Into Bitcoin ETFs
15.2.2024
While the new spot bitcoin ETFs have received billions in net inflows since opening for business on Jan. 11, a sizable amount of money has been exiting gold ETFs
Gold ETFs See $2.4 Billion in Outflows While Bitcoin ETFs Thrive
15.2.2024
Gold exchange-traded funds (ETFs) have faced significant outflows this year, while ETFs tracking the spot price of Bitcoin (BTC) have seen strong inflows. According to Bloomberg intelligence analyst Eric Balchunas, the leading 14 gold ETFs have experienced outflows of $2.4 billion in 2024 as...
Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges
6.2.2024
Bitcoin miners reportedly sell their asset reserves or leverage them to upgrade their capacity as inflows to cryptocurrency exchanges continue. A new report from Bitfinex Alpha Market shows Bitcoin ETF approvals by the United States Securities and Exchange Commission (SEC) impacted miners’...
Digital Asset Investment Fund Record $708 Million Inflows as AUM Hit $53 Billion
5.2.2024
Digital asset investment funds have seen an increase in inflows across seven days following a market rebound after days of sell-offs. A new CoinShares Weekly Crypto Asset Flows Report shows massive inflows into Bitcoin (BTC) and other cryptocurrencies, raising yearly entries to $1.6 billion....
Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares
5.2.2024
New U.S. bitcoin ETFs have amassed $7.7 billion in funds since debut, offsetting the $6 billion outflows from incumbents, according to CoinShares data
9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows
4.2.2024
In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day of trading activity recorded on Feb. 2, 2024. According to the data, Blackrock’s IBIT now possesses...
Best Crypto to Buy Today January 30 – Bittensor, Sui, Sei
30.1.2024
With cryptocurrencies in a bullish mood on Tuesday, investors are on the hunt for the best crypto to buy today. Bitcoin (BTC) continues to hold at two-week highs the mid-$43,000s, comfortably above its 21 and 50DMAs. Concerns about Grayscale sell pressure has faded this week as outflows from GBTC...
GBTC Outflows Topped $2.2 Billion Last Week, Outweighing All Spot Bitcoin ETF Gains: CoinShares
29.1.2024
Newly released data reported by CoinShares reveals Grayscale’s spot bitcoin ETF (GBTC) saw over $2.2 billion in outflows last week, greatly outweighing the total weekly inflows of its competitors. ETF Outflows are Finally Subsiding According to CoinShares’ report, newly issued spot bitcoin ETFs...
Digital Asset Funds Record $500 Million Outflows Amid Market Market Decline
29.1.2024
Digital asset investment products have recorded a massive $500 million in outflows in the last seven days following a week of sell-offs as the wider market struggled. A recent CoinShares Digital Asset Weekly Funds Flow Report shows huge outflows across Bitcoin (BTC) and multiple altcoins with...
Crypto Funds Saw $500M in Outflows Last Week as GBTC Bleed Outweighed Rivals' Gains: CoinShares
29.1.2024
Outflows from Grayscale's GBTC now total $5 billion, but appear to be subsiding, CoinShares head of research James Butterfill noted
Former Bitmex Chief Expects Bitcoin to Bottom Out Between $30,000 and $35,000
26.1.2024
Former Bitmex CEO Arthur Hayes has predicted that bitcoin will find a support level between $30,000 and $35,000. He contends that the ongoing bitcoin selloff is not due to outflows from Grayscale’s bitcoin trust (GBTC). “That argument is bogus,” he claimed, adding that...
Bitcoin Spot ETFs Witness Highest Single-Day Outflows as GBTC Continues to Bleed
25.1.2024
Bitcoin spot ETFs have experienced a significant net outflow of $159 million, marking the largest single-day total net outflow since their launch. Data from analytics platform Alpha shows that out of all the spot Bitcoin ETFs, Grayscale ETF (GBTC) has seen the most substantial net outflows, with...
GBTC ETF Sees Another $515M in Outflows as Bitcoin Price Remains Below $40k
24.1.2024
GBTC has reported another $515 million in outflows on January 23, taking the total outflows to $3.4 billion since its conversion to spot ETF earlier this month. Nine other recently approved spot Bitcoin ETFs recorded a total of $249 million in inflows. Bitcoin lost all of its gains since...
GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
23.1.2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading activities. GBTC Sees...
Alameda Research Drops Lawsuit Against Grayscale Amid GBTC Outflows
22.1.2024
Alameda Research Ltd., the hedge fund associated with the bankrupt cryptocurrency exchange FTX, has voluntarily dropped its lawsuit against Grayscale Investments amid GBTC outflows. According to court filings from January 22, Alameda opted out of suing Grayscale, its CEO Michael Sonnenshein,...
Just In: FTX’s Bankruptcy Estate Sold 22 Million GBTC Shares, Leading to $1 Billion GBTC Outflow
22.1.2024
FTX’s $1 billion sell-off of its GBTC shares was a major catalyst of the trust’s outflows after becoming a spot Bitcoin ETF. Image by Formatoriginal, Adobe Stock. The ongoing bankruptcy proceedings for crypto exchange FTX have led to major sell-offs from one of the largest bitcoin...
Digital Asset Investment Products Record $21M Outflows Despite $11.8B Trading Volume
22.1.2024
Digital asset funds have recorded a minor $21 million in outflows while trading volumes surged past $11 billion as crypto prices plummeted in the past seven days. CoinShares’ Digital Asset Weekly Fund Flows report on Jan 22 shows a slight decline in bullish momentum although inflows were...
Bitcoin ETFs Still Hungry on Day 5, 10.6K More BTC Added Despite Grayscale Outflows
19.1.2024
Bitcoin ETFs bought over 10,000 additional BTC on their fifth trading day, even as Grayscale saw continued outflows. Image by Thanasak Wongsuk, Vecteezy. The fervor around the newly launched spot Bitcoin exchange-traded funds (ETFs) continued unabated on their fifth day of trading, with the funds...