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Bitcoin ETFs In 'Two Steps Forward Mode,' Gobble Up Another $300M In Inflows
Tuesday, July 16, 2024 - 3:33pm | 584Read More...Senior Bloomberg ETF analyst Eric Balchunas highlighted on Tuesday that Bitcoin ETFs are experiencing substantial inflows. What Happened: Bitcoin ETFs added more than $300 million yesterday and $1 billion for the week. The year-to-date net total has surpassed $16 billion, exceeding initial...
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What Dip? Bitcoin ETFs Shake Off 'Dumb Money' Label With $300M Inflows
Tuesday, July 9, 2024 - 9:23am | 574Read More...Spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) saw nearly $300 million in net inflows on Monday — the highest since early June when BTC traded over $70,000. What Happened: Data from SoSoValue shows BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) led the buying spree with $187 million in...
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What's Going On With Bitcoin, Ethereum, Solana Asset Flows? Price Declines Due To Mt. Gox Are Buying Opportunities: CoinShares
Monday, July 8, 2024 - 9:33am | 662Read More...Bitcoin (CRYPTO: BTC) saw strong institutional inflows last week, despite a recent price slum dragging its price below $60,000. What Happened: According to a Monday CoinShares report, digital asset investment products experienced inflows totaling $441 million. Recent price declines, driven by Mt....
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Peter Schiff Says 'Smart Money Is Selling' And Dumb Money Is Buying It Through ETFs: 'They Set Up Bitcoin ETF Investors To Be The Bag Holders' (CORRECTED)
Sunday, July 7, 2024 - 10:17pm | 653Read More...Editor’s Note: The story has been updated to correct a minor typo in the fourth paragraph. Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff recently expressed concerns over ETF investors being set up to bear the brunt of losses. What Happened: On Sunday, Schiff took to X to...
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Bitcoin ETF Showdown: Between GBTC And IBIT, Who's Winning The Race?
Friday, July 5, 2024 - 3:50pm | 848Read More...In the world of Bitcoin exchange-traded funds (ETFs), two names stand out: Grayscale Bitcoin Trust (NYSE:GBTC) and iShares Bitcoin Trust (NASDAQ:IBIT). While both track the same index, the CME CF Benchmarks Bitcoin (CRYPTO: BTC) Reference Rate-New York Variant, their performance, assets under...
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Amid Bitcoin Crash, Peter Schiff Forecasts Prolonged Bear Market: 'Don't Say I Didn't Warn You HODLers'
Friday, July 5, 2024 - 1:54am | 682Read More...Renowned economist and Bitcoin (CRYPTO: BTC) critic, Peter Schiff, has expressed a bearish outlook for the digital asset as it witnessed one of the worst crashes of the year. What Happened: In an X post past midnight, Schiff warned that the cryptocurrency’s bear market is far from over and...
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Why Is Bitcoin Down To $60K Today?
Wednesday, July 3, 2024 - 7:15am | 754Read More...Bitcoin (CRYPTO: BTC) has experienced a sharp decline in early Asian trading hours, dropping from $62,000 to $59,544, marking an over 4% decrease. What Happened: This downturn coincided with the first net outflow from Bitcoin spot ETFs in nearly a week, according to data by cryptocurrency analytics...
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Spot Ethereum ETFs Could Take In Up To $15B In 2024: Gemini Research
Tuesday, July 2, 2024 - 10:18am | 519Read More...Cryptocurrency exchange Gemini is predicting a bright future for Ethereum (CRYPTO: ETH) with the imminent launch of spot ETFs in the United States. What Happened: Gemini’s new research report suggests a surge of investor interest, estimating net inflows of up to $5 billion within the first...
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What Is Going On With Bitcoin Spot ETFs?
Tuesday, July 2, 2024 - 7:07am | 483Read More...Bitcoin spot ETFs experienced significant net inflows on July 1, marking the continuation of a positive trend over five consecutive days. What Happened: The total net inflow amounted to $129 million, reflecting increasing investor confidence in these financial instruments. Notably, the Fidelity...
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Bitcoin, Ethereum ETF Inflows 'Will Change The Mood Completely,' Says Trader: 'Up Often, Up Only'
Monday, July 1, 2024 - 3:56pm | 536Read More...Renowned crypto analyst DeFi Man shared an optimistic outlook on the cryptocurrency market despite potential hurdles. What Happened: The analyst highlighted several positive indicators, including the recovery of a strong spot premium and negative funding levels due to heavy shorting, mainly from...
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Why Bitcoin Could Plunge To $55K: 10x Research
Monday, July 1, 2024 - 12:51pm | 826Read More...Research firm 10x Research is warning about a potential Bitcoin downturn (CRYPTO: BTC) to $55,000. What Happened: This forecast comes from the firm’s research report, outlining ten crucial factors that could contribute to bearish sentiment. According to the report, Bitcoin entered a downtrend...
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Will Mt. Gox Really Dump $9B In Bitcoin On The Market?
Monday, July 1, 2024 - 10:48am | 782Read More...Analysts are split about the impact of the nearly $9 billion worth of Bitcoin (CRYPTO: BTC) about to be disbursed to victims of the defunct Mt. Gox exchange. What Happened: Mt. Gox, which once handled 80% of global dollar trades for Bitcoin, shut down in February 2014 when Bitcoin was valued at...
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Why Is Bitcoin Up On Monday?
Monday, July 1, 2024 - 8:42am | 598Read More...Bitcoin (CRYPTO: BTC) has begun the second half of the year by rebounding from the $60,000s to as high as $63,700. What Happened: This upward momentum follows a brief break below the $60,000 support level last Monday and has been bolstered by $73 million in BTC spot ETF inflows on Friday, June 28....
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Here's How Much SOL Could Surge If Solana ETFs Get Approved
Friday, June 28, 2024 - 8:23am | 700Read More...A new report has forecasted a significant price increase for Solana if a Solana (CRYPTO: SOL) exchange-traded fund (ETF) is approved. The report, by market maker GSR, suggests that under a Trump administration, regulatory changes could pave the way for a Solana ETF, leading to substantial inflows...
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What Is Going On With Bitcoin And Ethereum ETFs?
Friday, June 28, 2024 - 7:52am | 589Read More...The cryptocurrency market continues to show resilience as Bitcoin (CRYPTO: BTC) spot ETFs recorded a net inflow of $11.7997 million on June 27, despite significant outflows from the Grayscale Bitcoin Trust (OTC:GBTC). What Happened: This data comes as analysts express optimism about the imminent...
















