Ethereum ETFs blitz Bitcoin ETFs over last 4 trading days amid ETH rally
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs. Go to Source
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‘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. Go to Source
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. Go to Source
Crypto funds see $2.2B inflows amid US election hype — CoinShares
The latest inflows mark four weeks of consecutive buying in cryptocurrency products, totaling more than $5.7 billion, or 19% of all such inflows YTD. Go to Source
US election optimism fuels $2.2B inflows in crypto products
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US. Go to Source
‘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. Go to Source
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 … Read more
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. Go to Source
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. Go to Source
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 … Read more
