‘Ethereum is starting to catch a bid’ — US ETFs hit record $295M inflow
Fidelity’s spot Ether ETF led the pack with $115.5 million worth of inflows on Nov. 11, while BlackRock, Grayscale and Bitwise’s Ether ETFs also saw inflows.This post was originally published on this site
What are inflows and outflows on crypto exchanges?
Inflows indicate cryptocurrency entering an exchange, reflecting demand, while outflows show funds leaving, signaling selling pressure or profit-taking.This post was originally published on this site
‘Political shift’ drives $407M inflows to crypto products — CoinShares
According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.This post was originally published on this site
Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot Crypto ETF Action On Oct. 9, the 12 U.S. spot bitcoin ETFs […]
BItcoin price faltered at $64K again — Here is why
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty. This post was originally published on this site
Crypto investment products see $147M outflows after 3-week inflow streak
The outflows from crypto investment products in the last week followed a series of inflows totaling nearly $2 billion in the previous three weeks.This post was originally published on this site
Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting at the use of virtual assets as payment tools. Cryptocurrency Outflows Dangerous […]
Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in Losses
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After a series of positive inflows, the 12 U.S. spot […]
Bitcoin ETFs Pull in Nearly Half a Billion as Ethereum ETFs Join the Party
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data from sosovalue.xyz shows that 12 U.S. spot bitcoin ETFs collectively […]
Bitcoin ETFs See $365M Inflows as Ether Funds Slip
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day’s trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $675K U.S. bitcoin ETFs saw a hefty $365.57 million in positive inflows on Thursday, with Ark Invest and 21shares’ ARKB leading the charge. […]