bitcoin ETF

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is struggling to maintain momentum after a strong start to 2024. While the ETF is up 22.08% year-to-date, it's down a troubling 20.94% over the last six months. After an initial surge following its Jan. 11 debut, IBIT has slipped, leaving investors...

Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $28.72 million on Sep. 9, while Ethereum (CRYPTO: ETH) spot ETFs continued their streak of outflows. What Happened: The Bitcoin ETF market saw mixed performance among its top players. While Grayscale‘s (OTC:GBTC) experienced an...

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, refuted an analyst’s claim that investment advisors were not buying Bitcoin (CRYPTO: BTC) spot exchange-traded funds in great numbers. What Happened: In a post on X Monday, Matt Hougan challenged the views of macro...

Digital asset investment products experienced substantial outflows totaling $726 million last week, matching the largest recorded outflow set in March this year. What Happened: This shift in investor sentiment comes amid uncertainty surrounding potential Federal Reserve interest rate cuts and...

Macro analyst Jim Bianco once again warned that Bitcoin (CRYPTO: BTC) ETFs are “not an adoption vehicle,” arguing that most inflows into ETFs have come from established rather than new market participants. What Happened: Bianco’s analysis on social media platform X shows that...

According to a new JPMorgan report, the cryptocurrency market needs a new catalyst to drive the sector forward and spark “enhanced retail engagement” to reverse August’s market downtrend. What Happened: JPMorgan analysts, led by Kenneth Worthington, highlighted the broader...

The first-ever cryptocurrency exchange-traded funds (ETFs) that were introduced in Hong Kong earlier this year have experienced subpar performance and a lack of investor interest, despite the initial excitement surrounding their launch. What Happened: A recent report by Nikkei Asia revealed that...

As Bitcoin (CRYPTO: BTC) hovers near the $55,000 mark, experts are sounding alarms about a potential drop below $50,000, citing critical market indicators. On Friday morning, Bitcoin was trading at $56,680, up 0.1%, after hitting a low of $55,282, according to CoinGecko data. Ethereum (CRYPTO:...

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs continued to experience significant outflows. This potentially sets the stage for increased volatility in the coming weeks. Analysts now warn of potential downside risks, macroeconomic concerns and weakening on-chain metrics. According to...

Bitcoin and Ethereum spot ETFs experienced notable fund outflows on Aug. 29, signaling ongoing uncertainty in the cryptocurrency markets. What Happened: Bitcoin spot ETFs saw a total net outflow of $71.73 million, with the Grayscale Bitcoin Trust (OTC:GBTC) leading the withdrawals at $22.68 million...

Bitcoin (CRYPTO: BTC), the world’s leading cryptocurrency, has surged back to $61,000, marking a 3.4% increase over the last 24 hours. What Happened: This upward momentum comes as market analysts and experts closely watch historical patterns related to U.S. presidential elections and their...

The digital assets sector has shown resilience, bouncing back after the fallout from the FTX exchange collapse in November 2022, according to a research report released by Canaccord on Wednesday. What Happened: In the report, analysts led by Joseph Vafi highlighted a significant shift in the...

Bitcoin (CRYPTO: BTC) spot ETFs experienced a significant daily outflow of $127.05 million on Aug. 27 while Ethereum spot ETFs saw a more modest outflow of $3.4452 million, continuing a nine-day streak of withdrawals. What Happened: This activity occurred against a backdrop of market anticipation...

Stock exchange Nasdaq on Tuesday filed with the Securities and Exchange Commission (SEC) to list and trade Bitcoin (CRYPTO: BTC) Index Options (XBTX). What Happened: This move comes as the exchange giant aims to expand its cryptocurrency offerings, following similar plans announced by its rival,...

Bitcoin (CRYPTO: BTC) ETFs have amassed a whopping $18.08 billion in cumulative net inflows as of Aug. 26, while Ethereum (CRYPTO: ETH) ETFs have seen net outflows of $477.88 million since their inception. What Happened: This contrast in fund flows highlights a clear preference among institutional...