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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...
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Bitcoin Smashes Through $66,000 As ETFs Take In $365M To Extend Their Inflow Streak To 6 Straight Days
Friday, September 27, 2024 - 11:42am | 659Read More...Bitcoin (CRYPTO: BTC) is up 2% to $66,300 in Friday’s trading session, marking a gain of 14% over the last two weeks as Bitcoin spot ETFs reported the sixth consecutive day of positive fund flows on Thursday. What Happened: Leading the charge of the $365.57 million net inflow, Ark Invest and...
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Bitcoin Taps $65K After ETFs Extend Inflow Hot Streak To 5 Days: Here's What Technical Analysis Is Saying
Thursday, September 26, 2024 - 10:52am | 855Read More...Bitcoin (CRYPTO: BTC) tapped the $65,000 mark in Thursday trading and is up 1.7% over the past 24 hours off the back of another strong day of ETF inflows on Wednesday. What Happened: Bitcoin spot ETFs on Sep. 25 recorded a net inflow of $106 million, marking five consecutive days of positive...
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Bitcoin ETFs See $4.5M Inflow, But Miners Could Actually Cause The Next Big Move Up
Tuesday, September 24, 2024 - 8:57am | 797Read More...Bitcoin (CRYPTO: BTC) spot ETFs recorded a small net inflow of $4.56 million on Monday as miner revenues signal a potential uptrend in the making. What Happened: Significant contributions came from Fidelity’s ETF (CBOE: FBTC), which added $24.93 million, and the BlackRock ETF (NASDAQ:IBIT),...
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Experts Predict Bitcoin Surge To $65,000 As Crypto Market Remains Steady
Friday, September 20, 2024 - 1:51pm | 626Read More...Analysts are projecting Bitcoin (CRYPTO: BTC) to reach $65,000 in the near term, citing increased long positions and bullish options activity, as the leading cryptocurrency remains steady above $62,000. Meanwhile, Ethereum (CRYPTO: ETH) has climbed 3.5% to $2,547, with both cryptocurrencies seeing...
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Bitcoin, Ethereum ETFs See Over $50M Net Outflows Despite Fed's 50 Bps Rate Cut
Thursday, September 19, 2024 - 8:20am | 532Read More...Bitcoin and Ethereum ETFs recorded significant net outflows, despite the U.S. Federal Reserve's announcement of a 50 basis point rate cut. What Happened: Bitcoin (CRYPTO: BTC) spot ETFs had a net outflow of $52.827 million, the first outflow after four days of inflows. Grayscale's Bitcoin ETF (OTC:...
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Swiss Stock Exchange Explores Crypto Trading Platform In Europe
Wednesday, September 18, 2024 - 8:27am | 882Read More...The Swiss stock exchange SIX is exploring the possibility of establishing a cryptocurrency trading platform in Europe, aiming to compete with established digital asset firms like Binance, OKX and Coinbase. What Happened: The move reflects growing institutional interest in digital assets,...
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Bitcoin Surges 5.3% Ahead Of Fed's Key Rate Decision: This Cut Could 'Cause Uncertainty' (CORRECTED)
Tuesday, September 17, 2024 - 4:09pm | 713Read More...Editor’s note: The headline of this story has been updated to remove erroneous language suggesting a quote was provided to Benzinga. Bitcoin (CRYPTO: BTC) on Tuesday surged by 5.3%, trading at $60,985 after hitting a high of $61,331, as the market braces for the Federal Reserve's critical...
















