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Blackrock’s IBIT Leads as Spot Bitcoin ETFs See $73M in Daily Net Inflow
29.6.2024
Spot bitcoin exchange-traded funds (ETFs) trading in the United States experienced their fourth straight day of net inflows on Friday. Data from sosovalue.xyz shows $73.05 million was added during the trading sessions, with Blackrock’s IBIT leading the pack. Spot Bitcoin ETFs Enjoy Four-Day...
US Spot Bitcoin ETFs Draw $11.8M Thursday, Bitwise’s BITB Led the Pack With $8M
28.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $11.8 million on Thursday, marking the third consecutive day of inflows. Bitwise’s BITB fund topped the list, bringing in $8 million during the trading sessions. Demand for Bitcoin ETFs Continues Since Jan. 11, 2024, the 11 spot...
Enforcement of South Korean virtual assets law prescribed in decree
26.6.2024
The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19
Bitcoin price drop below traders’ cost basis warns of deeper sell-off
26.6.2024
Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue
US Spot Bitcoin ETFs Break Outflow Trend With $30M in Inflows
26.6.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $30 million in outflows. U.S. Spot...
Spot Bitcoin ETFs reverse 7-day outflow streak
26.6.2024
As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion
Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday
25.6.2024
At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC...
Bitcoin ETFs shed $1.3B over 2 weeks amid market slump
25.6.2024
Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months
Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
25.6.2024
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs
Crypto investment products see $584M outflow as Bitcoin descends to $60K
24.6.2024
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products
South Korean think tank cautions against crypto ETFs
24.6.2024
South Korean researcher Bo-mi Lee highlights crypto volatility and risks, calling for more research and regulatory measures
3 reasons why Bitcoin price struggles to reclaim $64K
21.6.2024
Bitcoin’s tumultuous week continues as data points to further downside in BTC price
Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses
21.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by Fidelity’s (FBTC) $51 million loss. U.S. Bitcoin...
Spot Bitcoin ETFs in witnessed net outflows of $139.88M in the US
21.6.2024
Spot bitcoin exchange-traded funds saw a net outflow to the tune of $139.88 million in the US. This continued for the past five days. Grayscale’s GBTC was ahead of the competition, coming up with a day-to-day net outflow amounting to $53 million. Second in line stood Fidelity’s FBTC, recording...
Bitcoin ETFs Post $900M in Net Outflows This Week
21.6.2024
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April
Bernstein analysts expect $200K Bitcoin price by 2025 due to spot BTC ETF flows
20.6.2024
Analysts at Bernstein predict Bitcoin price to hit $200,000 by 2025 and $1 million by 2033
Bernstein expects major wirehouses to approve Bitcoin ETFs soon
20.6.2024
The Bitcoin ETF trade has been the subject of conflicting discussions, with retail investors coercing initial distributions and institutional participation limited to basis trade. This demonstrates that ETF flows are essentially fabricated. Analysts at Bernstein, a research and brokerage-oriented...
Bitcoin ETFs legitimized the crypto industry for investors: Storm Partners
20.6.2024
The approval of the Bitcoin ETFs has offered investors a welcome sign of relief beyond the first publicly traded Bitcoin-based products
US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M
19.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative total net inflows to $14.81 billion. Grayscale, Fidelity, and Bitwise Drive Tuesday’s...
Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs
18.6.2024
Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is really to construct portfolios and do the risk...