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Bitcoin Sees $519M Inflows, Ethereum ETFs Post Mixed Results

29.7.2024
As per the latest data from CoinShares, the Bitcoin and Ethereum ETF investment scene witnessed a week of contrasts. The data shows, Bitcoin has continued its bullish streak, while Ethereum’s newly launched ETFs paint a complex picture. Despite the mixed signals, the overall market sentiment...

Daily Crypto Update: BTC, SOL, ETH, PEPE rejoice with market boom

29.7.2024
After a week-long decline, the cryptocurrency market has promptly rebounded. The brief correction period seems over as names like Bitcoin, Solana, and Pepe rule the market. The top 10 cryptocurrencies have covered up their losses from last week. Most of these coins have even gained some value...

US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M

27.7.2024
U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more than $1.5 billion in cumulative outflows. Grayscale’s Ethereum Trust...

July Week-5 Crypto Outlook: BTC, ETH, & SOL on the Radar

26.7.2024
Recent events have drawn attention to the cryptocurrency markets like never before. As the drama continues to grow, our beloved crypto Bitcoin, Ethereum, and Solana continue to react. Amid the volatile US political landscape and the market moving in a channel waiting for a breakout, the crypto...

Grayscale Moves 110k Ethereum Worth $358M to Coinbase Prime

26.7.2024
Finally, we have the Ethereum ETFs live and trading in the U.S. after a much-anticipated debut due to the interferences of our beloved SEC. But things are a little worrisome for one particular entity offering the latest Investment Asset. Within the last hour, Grayscale has transferred 110,867...

US Ethereum ETFs See Continued Outflows Led by Grayscale’s ETHE

26.7.2024
On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $152.3 million exit during Thursday’s trading...

Daily Crypto Update: Market Revives as BTC and ETH Regain Value

26.7.2024
The crypto market has made an unexpected mid-week comeback. Most of the top 10 cryptocurrencies have earned back some of their lost value. Bitcoin is leading the pack with an example, earning 4.15% value in the past 24 hours. Ethereum and Solana are also supporting the market leader with their...

2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview

26.7.2024
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91...

Whale With Ethereum Foundation Link Transfers 92,500 ETH Worth $288M 

25.7.2024
According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this is not confirmed. Originally, the funds were transferred to a mysterious...

Ethereum Dips Despite ETF Launch; Pull Back to a New High?

25.7.2024
The global crypto market has experienced solid bearish sentiment in the last 24 hours as the Ethereum (ETH) token takes a major hit. As tracked on CoinMarketCap, the ETH token recorded an 8.20% loss, pushing its price to $3,141. This negative sentiment is largely attributed to Tuesday’s...

Ethereum Plunges 8% Despite ETH ETF Approval: Here’s Why

25.7.2024
The cryptocurrency market is experiencing turbulence as Ethereum (ETH) takes a major hit. ETH has dropped over 8% in the past 24 hours. This downturn comes after the much-awaited launch of ETH ETFs. Multiple Factors Converge to Push Ethereum Down The primary reason is the substantial outflow from...

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