Bitcoin ETFs gain $755M as CPI data triggers a market surge, pushing BTC above $100K briefly amid robust trading volumes.
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JP Morgan CEO Criticizes Bitcoin for Lacking Intrinsic Value and Viable Future
Jamie Dimon criticizes Bitcoin, calling it a “Ponzi scheme” with no intrinsic value while acknowledging a future for digital currencies.
Bitcoin ETFs Lag as Ethereum ETFs Surge to $12.12B Assets in December
Spot Ethereum exchange-traded funds (ETFs) set a new monthly record in December with $2.08 billion in net inflows. This performance nearly doubled November’s inflows, reflecting heightened investor interest in ether-backed financial products. BlackRock’s ETHA fund led the surge, contributing significantly to the robust inflow figures. BlackRock Leads Ethereum ETF Inflows in December BlackRock’s ETHA fund […]
Spot Bitcoin ETFs in the US Surpass $35 Billion in 2024 Net Inflows
Spot Bitcoin ETFs in the United States attracted $35.66 billion in net inflows in 2024. These figures exceeded initial industry forecasts, including Galaxy Digital’s $14 billion estimate. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led with $37.31 billion, followed by Fidelity’s Wise Origin Bitcoin Fund with $11.84 billion. Other contributors included ARK’s 21Shares Bitcoin ETF, which […]
Solana’s Explosive Growth Drives Bold ETF Push by Grayscale
Grayscale Investments files with the SEC to convert its Solana Trust into a spot ETF. Backed by Solana’s 277% rally and growing DeFi dominance, the fund targets a New York Stock Exchange listing under the ticker GSOL. Grayscale Files for Spot Solana ETF Listing on NYSE Grayscale has filed for a spot Solana ETF with […]
Spot Bitcoin ETFs Face $438M Outflows After $3.4B Inflows Streak
Spot Bitcoin ETFs in the U.S. recorded a significant shift in investor sentiment on Monday. The funds saw outflows of $438.4 million, breaking a five-day streak that brought in $3.4 billion. This marked a reversal in a robust period of inflows for the sector. Bitwise Leads Bitcoin ETF Outflows on Monday Bitwise’s BITB fund led […]
Bitcoin Volatility Declines To 40% In 2024 Amid Institutional Surge: Kaiko
Bitcoin’s recent journey has been tumultuous, showcasing considerable volatility. However, its overarching path hints at a maturing digital asset environment. As per the recent weekly report by Kaiko, BTC had a rollercoaster week, briefly surpassing the $70,000 milestone before stabilizing around $66,600 as the week drew to a close. Bitcoin experienced a slight drop of […]
Bitcoin ETF Inflows Surge Amidst Positive Streak, Led By BlackRock: Report
According to the analytical platform Spot On Chain, the Bitcoin ETF market has shown significant activity. The net inflow into the Bitcoin ETFs was stand out to an average high of $131 million on 7 June 2024. This weekly feat of having positive inflows shows that this is the 13th week in a row or […]
Spot Bitcoin ETFs See 8th Consecutive Day of Net Inflows
The U.S. spot Bitcoin exchange-traded fund (ETF) market is experiencing a bullish run, recording net inflows for eight consecutive days as of May 20, 2024. This positive trend aligns with growing anticipation for spot Ether ETFs, potentially opening the door for similar products focused on other cryptocurrencies like Solana (SOL). Data from SoSo Values reveals […]
Bitcoin ETFs Rally: $5.6B, Highest Since March 24th
Post-halving, Bitcoin ETF volume has bounced back strongly, with the seven largest ETFs hitting $5.65 billion, the highest day since March 24th. This comes as Grayscale Investments’ GBTC recorded the first inflows, ending a 78-day streak of net outflows and displaying signs of renewed investor interest. On May 6th, GBTC recorded its second consecutive day […]