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BTC Closing In On $64,000 After Bitcoin ETFs Gobbled Up Over $500M In Net Inflows Last Week
Monday, August 26, 2024 - 8:05am | 695Read More...In a week that saw renewed investor enthusiasm for digital assets, cryptocurrency exchange-traded funds (ETFs) experienced substantial inflows, with Bitcoin (CRYPTO: BTC)-focused products leading the charge. What Happened: This surge in investment activity comes in the wake of Federal Reserve...
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Bitcoin ETFs Extend Inflow Streak To 6 Days Ahead Of Fed Speech: Here's What Powell Needs To Say To 'Fuel Strong Bullish Momentum'
Friday, August 23, 2024 - 8:29am | 795Read More...The cryptocurrency market is witnessing divergent trends in exchange-traded fund (ETF) flows as investors position themselves ahead of Federal Reserve Chair Jerome Powell‘s anticipated speech at Jackson Hole. What Happened: Bitcoin spot ETFs are riding a wave of positive sentiment, marking...
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Spot Bitcoin ETFs Will Soon Own More BTC Than Satoshi, Analysts Predict, But Another Fund Is The 'Most Volatile ETF Ever' In The US
Thursday, August 22, 2024 - 2:21pm | 715Read More...In an interview with crypto influencer Scott Melker, Bloomberg ETF analysts James Seyffart and Eric Balchunas highlighted both the challenges and successes of the new spot cryptocurrency ETFs. What Happened: On the latest episode of Melker’s podcast, Balchunas emphasized the resilience of...
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Bitcoin Back Above $61,000 As ETFs Record Fifth Straight Day Of Inflows
Thursday, August 22, 2024 - 8:32am | 556Read More...Bitcoin spot ETFs recorded a total net inflow of $39.425 million on Aug. 21, showcasing continued investor interest despite looming economic uncertainties. What Happened: This positive trend comes as Bitcoin‘s (CRYPTO: BTC) price surged above the psychologically significant $61,000 mark to...
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Bitcoin ETF Adoption Dwarfs All Historical ETF Launches, Says Bitwise Exec
Wednesday, August 21, 2024 - 12:14pm | 565Read More...Bitcoin (CRYPTO: BTC) exchange traded funds (ETFs) are being adopted by institutional investors at a pace that outstrips any other ETF in history, according to Matt Hougan, Chief Investment Officer at Bitwise Invest. What Happened: Hougan’s research reveals that Bitcoin ETFs have attracted $...
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Bitcoin, Ethereum Down 2% Despite ETF Flows, But One Cryptocurrency Is Up 12%
Wednesday, August 21, 2024 - 7:27am | 817Read More...Spot Bitcoin ETFs saw significant inflows while Ethereum ETFs experienced net outflows on Tuesday, as the broader crypto market faces downward pressure, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) both trading lower on Wednesday morning. What Happened: Spot Bitcoin ETFs on Aug. 20...
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Bitcoin ETFs Vs. Ethereum ETFs: How Do They Compare One Month Into The ETH ETF Launch?
Tuesday, August 20, 2024 - 8:57am | 870Read More...One month after the Ethereum ETF launches, institutional investors have continued to hold and even increase their exposure to cryptocurrency via ETFs. What Happened: According to new data, while Bitcoin (CRYPTO: BTC) struggles to regain momentum, Ethereum (CRYPTO: ETH) is beginning to gain traction...
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Institutional Bitcoin ETF Investors Display Diamond Hands Despite Market Volatility, Says Bitwise CIO
Monday, August 19, 2024 - 9:46am | 528Read More...Institutional investors are showing resilience in the face of market volatility, according to Matt Hougan, Chief Investment Officer at Bitwise Invest. What Happened: In a fresh analysis of Q2 Bitcoin (CRYPTO: BTC) 13-F filings, Hougan highlighted a 30% increase in institutional involvement with...
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Bitcoin, Ethereum Start The Week Down 2.5%—Are Modest ETF Flows To Blame?
Monday, August 19, 2024 - 8:35am | 504Read More...Digital asset investment products witnessed modest inflows of $30 million over the past week, reflecting a cautious market environment influenced by recent macroeconomic developments. What Happened: Despite these gains, the broader cryptocurrency market continues to experience significant...
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Morgan Stanley Becomes First Wall Street Giant To Let Advisors Recommend Bitcoin ETFs
Sunday, August 18, 2024 - 10:00am | 491Read More...Morgan Stanley recently became the first major Wall Street bank to permit its financial advisors to offer Bitcoin (CRYPTO: BTC) ETFs to clients, marking a significant step in cryptocurrency’s mainstream adoption. As of early August, the bank’s 15,000 advisors can recommend two specific...
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Bitcoin Spot ETFs See Muted Inflows As Negative Funding Rates Signal Bearish Sentiment
Friday, August 16, 2024 - 8:18am | 495Read More...In a sign of cautious investor sentiment, Bitcoin (CRYPTO: BTC) spot ETFs experienced modest net inflows on Aug. 15, totaling just $11.1 million. What Happened: This muted enthusiasm comes as funding rates for Bitcoin futures on major exchanges turn negative, potentially signaling bearish short-...
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Goldman Sachs Makes Blockbuster Debut, Adds Over $400M In Bitcoin ETF Position In Q2 As Morgan Stanley Pulls Back
Friday, August 16, 2024 - 2:19am | 536Read More...Institutional investors, including global investment banks and hedge funds, filed their second-quarter 13F reports, revealing significant positions held in spot Bitcoin (CRYPTO: BTC) ETFs. What Happened: Global investment bank Goldman Sachs Group Inc. (NYSE:GS) made its debut in the cryptocurrency...
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MSTX Becomes First Single-Stock Leveraged ETF For MicroStrategy Stock, Offers 175% Exposure
Thursday, August 15, 2024 - 11:20am | 434Read More...Defiance ETFs has launched MSTX, the first single-stock leveraged ETF for MicroStrategy (NASDAQ:MSTR) in the United States. What Happened: The fund, which began trading on Aug. 15, aims to provide investors with 175% daily targeted exposure to MicroStrategy’s stock performance. MicroStrategy...
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Bitcoin Could Be At $20,000 In This Market, ETFs Are 'A Godsend,' Analyst Says
Thursday, August 15, 2024 - 9:42am | 538Read More...Bitcoin‘s (CRYPTO: BTC) price could be hovering around $20,000 without the support of exchange-traded funds (ETFs), according to Eric Balchunas, Senior ETF Analyst at Bloomberg. What Happened: In a conversation with Coindesk on Thursday, Balchunas outlined why ETFs have played a critical role...
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The Top 4 ETF Launches In 2024 Are All Spot Bitcoin ETFs: 'Even 1% Allocation From Wealthy Clients' Could Make A Big Impact
Wednesday, August 14, 2024 - 11:17am | 706Read More...Spot Bitcoin (CRYPTO: BTC) ETF and spot Ethereum (CRYPTO: ETH) ETF are amongst the top four global ETFs, spotlighting investors’ confidence in the crypto sector. What Happened: Nate Geraci, ETF Store President, noted that BlackRock’s iShares Bitcoin ETF (NASDAQ:IBIT) has accumulated...
















