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On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting with inflows observed in their ethereum counterparts. The most significant gain was recorded by Blackrock’s IBIT, while Grayscale’s GBTC suffered the largest losses. $18.3M Net Outflows in U.S. Bitcoin ETFs; GBTC Hit Hardest The total reduction across the 11 … Read more
On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have been higher if not for Grayscale’s Ethereum Trust (ETHE), which offloaded $120.28 million. Ether ETFs Bounce Back After 4-Day Outflows The ether-based ETFs in the … Read more
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT Emerges as Monday’s Sole Gainer On Monday, sosovalue.xyz stats show the 11 U.S. spot bitcoin ETFs … Read more
According to the latest data, the nine U.S.-based ethereum exchange-traded funds (ETFs) experienced their fourth consecutive day of outflows on Monday, amounting to a $98.29 million reduction. These outflows have pushed the cumulative net inflow into the negative, amounting to a sum of -$439.64 million since July 23. U.S. Ethereum ETFs Experience Continued Outflows, Driven … Read more
The price of Bitcoin has surged back above $63,500, surpassing the average realized price for short-term investors. This bullish momentum is bolstered by substantial inflows into digital asset investment products. #Bitcoin Bounces Back: Key Indicators Point to Continued Growth “The price of Bitcoin has returned above $63,500, which is above the average realized price (purchase … Read more
“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen. Go to Source
According to the CEO of CryptoQuant, the current Bitcoin bull cycle is poised to continue until mid-2025. Historically, Bitcoin bull markets have seen old whales taking profits, which typically shifts capital into new accumulation addresses, effectively raising the realized price of Bitcoin. This profit-taking phase, lasting about 18 months, began four months ago in the … Read more
In 2024, Bitcoin has outperformed Ethereum in terms of market cap impact, with each dollar invested in Bitcoin boosting its market cap by $5, compared to just $1.30 for Ethereum. This suggests that new money flows exert a stronger influence on Bitcoin than on ETH. In 2024, every $1 invested in #Bitcoin increased its market … Read more
Unlike the U.S. spot ether exchange-traded funds (ETFs), the spot bitcoin ETF equivalents experienced inflows during Friday’s trading session, totaling $51.66 million. Four funds recorded inflows, while Grayscale’s Bitcoin Trust (GBTC) saw an outflow of $26.55 million. Spot Bitcoin ETFs Garner $51.66M Grayscale’s spot ether ETF, ETHE, and its spot bitcoin ETF, GBTC, have been … Read more
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 Sheds $1.5B in 4 Trading Sessions The spot ether ETFs have been impacted by Grayscale’s Ethereum … Read more
