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Bitcoin Spot ETF Nets $79M Outflow After 7-Day Inflow Streak
Wednesday, October 23, 2024 - 9:01am | 702Read More...Bitcoin spot ETFs recorded a net outflow of $79.09 million on Tuesday, marking the first outflow after a consistent inflow streak over the past seven days. What Happened: BlackRock‘s (NASDAQ:IBIT) ETF, showed a gain of $42.9 million on Oct. 22, while ARK Invest‘s (CBOE: ARKB) ETF saw a...
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Bitcoin Spot ETF Sees $294M Inflow, Extending 7-Day Streak Amid Growing Market Confidence
Tuesday, October 22, 2024 - 10:07am | 551Read More...Bitcoin spot ETFs on Oct. 21 continued their strong momentum, registering a net inflow of $294 million, marking the seventh consecutive day of inflows. What Happened: Leading the charge, BlackRock's (NASDAQ:IBIT) ETF saw an impressive $329 million in inflows, while other major players showed mixed...
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Bitcoin Equities, ETF Inflows Surge As Price Moves Above $67,000
Monday, October 21, 2024 - 2:14pm | 532Read More...Bitcoin (CRYPTO: BTC) could be knocking on the door of $70,000 soon, propelled by positive market sentiment and robust support from ETF inflows and crypto miners, according to Bernstein analysts. What Happened: Last week alone, Bitcoin ETFs saw $2 billion in new purchases, bringing the total yearly...
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Bitcoin ETF Inflows Surge To Over $2 Billion Amid Rising Trump Election Odds
Monday, October 21, 2024 - 11:29am | 794Read More...Digital asset investment products saw inflows surge to $2.2 billion last week, marking the largest weekly increase since July 2023. What Happened: The surge is being attributed to growing optimism surrounding a potential Republican victory in the upcoming U.S. presidential election, as Republicans...
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FBI Arrests Alabama Man Who Allegedly Hacked SEC's X Account To Prematurely Announce Bitcoin ETF Approval
Saturday, October 19, 2024 - 1:49am | 534Read More...The Federal Bureau of Investigation (FBI) has arrested an Alabama resident for allegedly hacking the U.S. Securities and Exchange Commission (SEC)‘s social media account on X earlier this year. What Happened: The FBI apprehended Eric Council Jr. on Thursday, accusing him of conspiring with...
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BlackRock's Bitcoin ETF Gobbles Up $1B This Week, Fidelity Leads Among Ethereum ETFs With $31M
Friday, October 18, 2024 - 10:31am | 643Read More...BlackRock’s iShares Bitcoin Trust (NASDAQ: IBIT) ETF has attracted over $1 billion in inflows this week alone, which has helped propel the apex crypto to a 10% seven-day gain. What Happened: According to data from SoSo Value, spot bitcoin ETFs in the U.S. garnered $470 million on...
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Morgan Stanley Chair James Gorman Once Said Bitcoin's Role In Wealthy People's Financial Fabric Would Be Very Small: The Investment Bank Is Now On A Roll Recommending King Crypto To Clients
Wednesday, October 16, 2024 - 5:33am | 519Read More...Global investment bank Morgan Stanley (NYSE:MS) has actively pitched stocks and investments tied to Bitcoin (CRYPTO: BTC) to its clients this year, despite executive chairman James Gorman's skepticism about the leading cryptocurrency’s potential. What happened: Earlier this year, Gorman, who...
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Bitcoin Spot ETFs Saw $555.8M Net Inflows On 'Monster' Monday
Tuesday, October 15, 2024 - 9:08am | 654Read More...U.S. Spot Bitcoin (CRYPTO: BTC) ETFs witnessed a $555.8 million surge in inflows on Monday, with ten out of 12 ETFs reporting net inflows. What Happened: The Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) led the inflows, attracting $239.25 million. Bitwise Bitcoin ETF (NYSE:BITB) followed with $100...
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Bitcoin Dips Below $62,500 As Spot ETFs Book $235M Net Inflows
Tuesday, October 8, 2024 - 9:21am | 630Read More...U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds saw significant inflows, totaling $235.19 million on Monday, bucking the trend of net outflows in the previous week. What Happened: According to The Block, Fidelity‘s (BATS:FBTC) led the charge with $103.68 million in inflows. BlackRock...
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Bitcoin, Ethereum ETFs Saw $147M Net Outflows, Chances Of Second 50-Basis-Point Interest Rate Cut Evaporate
Monday, October 7, 2024 - 9:25am | 642Read More...Digital asset investment reported $147 million in outflows last week, driven by stronger-than-expected economic indicators that have diminished the likelihood of substantial rate cuts. What Happened: According to CoinShares on Monday, spot Bitcoin ETFs saw total net outflows of $159 million, while...
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Franklin Templeton Seeks SEC Approval For Dual Bitcoin, Ethereum Index ETF
Thursday, October 3, 2024 - 2:11pm | 738Read More...Franklin Templeton, a multi-trillion dollar asset management firm, has filed for a new exchange-traded fund (ETF) that would provide exposure to both Bitcoin and Ethereum. According to an application with the U.S. Securities and Exchange Commission (SEC) on Wednesday, the firm aims to offer...
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Bitcoin Drops Below $62,000 As Analysts Warn Of Potential Further Decline
Wednesday, October 2, 2024 - 1:33pm | 766Read More...Following a 5% drop on Tuesday, Bitcoin (CRYPTO: BTC) is down 0.3% to $61,680 on Wednesday afternoon, with analysts cautioning traders about potential further downside if key support levels don’t hold. What Happened: Alex Kuptsikevich, senior market analyst at FxPro said a technical factor...
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Ripple ETF: Could It Happen? Bitwise's Filing Faces Uncertain Path Amid Regulatory Concerns
Wednesday, October 2, 2024 - 10:22am | 866Read More...The S-1 filing by Bitwise Asset Management for a proposed XRP exchange-traded product (ETP) has sparked debate among investors and analysts regarding its potential approval by the U.S. Securities and Exchange Commission (SEC). What Happened: The proposal seeks to create a fund that directly holds...
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BlackRock's Ethereum ETF Lags Behind Its Bitcoin ETF—Here's Why
Tuesday, October 1, 2024 - 8:05am | 963Read More...BlackRock‘s recently launched Ethereum ETF (NASDAQ:ETHA) is seeing significantly lower volume and inflows compared to its Bitcoin counterpart. The company’s head of digital assets, Robert Mitchnick, doesn't anticipate that gap closing anytime soon. What Happened: Speaking at the Messari...
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Bitcoin Price Is An 'Opportunity,' Technical Analyst Tells Benzinga: Watch These Indicators For Signs Of A Price Surge
Monday, September 30, 2024 - 2:27pm | 887Read More...The cryptocurrency market appears to be gearing up for its next upward trend as several key indicators, including Bitcoin‘s (CRYPTO: BTC) Exchange Flow Multiple, show signs of accumulation. What Happened: The Exchange Flow Multiple (30-day/365-day) – an indicator measuring the ratio between...
















