3 reasons why Bitcoin failed to break above $72K
Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term. Go to Source
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Bitcoin ETFs make 26% of BlackRock’s 2024 inflows, 56% of Fidelity’s
However, the impressive flows from BlackRock’s IBIT and Fidelity’s FBTC haven’t been enough to gain on the leading ETF asset manager by total flows, Vanguard. Go to Source
Grayscale’s GBTC and Vaneck’s HODL Report Outflows as US Bitcoin ETFs Gain $50M
On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling around $50 million. Leading the inflows once more was Blackrock’s IBIT, while Grayscale’s GBTC saw outflows. $1.7B in Trade Volume and $50M in Inflows During Friday’s Bitcoin ETF Trading Sessions Approximately $50 million in inflows were reported during Friday’s spot … Read more
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. Blackrock’s IBIT Tops Inflows as U.S. Bitcoin ETFs Maintain Positive Streak Blackrock’s Ishares bitcoin trust (IBIT) led on May 29, with $24.5 million … Read more
US Bitcoin ETFs Achieve $45 Million Inflows, Blackrock’s IBIT Still Trails GBTC in BTC Holdings
U.S. spot bitcoin exchange-traded funds (ETFs) saw another day of inflows on Tuesday, marking the 11th consecutive day of gains. Despite reports suggesting Blackrock’s IBIT holds more bitcoin than Grayscale’s GBTC, IBIT’s official website shows the fund still needs 322.28 BTC to surpass GBTC. While the web portal was updated on May 28, there may … Read more
BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again. Go to Source
Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves
According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activity. Conversely, Blackrock’s IBIT saw inflows on most of the ten trading days. Blackrock’s IBIT and Grayscale’s GBTC Neck and Neck in … Read more
Grayscale’s Ethereum ETF could bleed $110M daily in first month: Kaiko
If Grayscale’s slated spot Ether ETF follows the same path as its Bitcoin one, there could be some short-term pressure on the price of ETH. Go to Source
Bitcoin price tops $68K but a few concerning headwinds remain
Bitcoin price shows strength as investors expect the Fed to resume printing, but a handful of global macroeconomic headwinds are still in play. Go to Source
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin ETFs collectively hold 2.78% of the crypto asset’s current circulating supply. Besides Grayscale’s Pre-Existing Fund, Blackrock’s IBIT Leads New … Read more
