Bitcoin ETFs Record $3.9 Billion Inflows Over 12 Days
Net capital inflows into spot exchange-traded funds (ETFs) based on the leading cryptocurrency continued for 12 consecutive days, totaling $3.9 billion during this period.
Bitcoin ETFs Record $3.9 Billion Inflows Over 12 Days
Net capital inflows into spot exchange-traded funds (ETFs) based on the leading cryptocurrency continued for 12 consecutive days, totaling $3.9 billion during this period.
Expert Clarifies Market Impact Differences Between Bitcoin ETFs and Corporate Reserves
Inflows into ETFs based on the leading cryptocurrency continue to affect its price, whereas firms with digital asset reserves exert minimal influence. This was stated by Vetle Lunde, Head of Research at K33. According to the report, the coefficient of determination (R²) between the price of Bitcoin and inflows into spot exchange-traded funds stands at […]
Crypto Funds See Tenth Consecutive Week of Inflows, Surpassing $15 Billion Year-to-Date
Despite rising geopolitical tensions, capital continued to flow into cryptocurrency investment products managed by firms such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares for the tenth consecutive week, according to a report by CoinShares.
South Korea Considers Approval of Spot Crypto ETFs
South Korean authorities have unveiled a roadmap for the approval of spot cryptocurrency ETFs, according to local media. Following these reports, the Financial Services Commission (FSC) clarified that details are yet to be finalized. According to media sources, the FSC has sent a document to the Presidential Policy Planning Committee. Measures for launching crypto ETFs […]
DTCC Lists Spot Solana ETFs on Its Website
VanEck’s proposed spot exchange-traded funds (ETFs) based on Solana have appeared in the asset list of the DTCC.
Crypto Funds See Weekly Inflows of $1.9 Billion
Despite global market turbulence due to the Iran-Israel conflict, cryptocurrency investment products managed by firms such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares recorded inflows of $1.9 billion. This was reported in a CoinShares report.
Ethereum ETFs Surpass Bitcoin Funds in Daily Capital Inflow
The net inflow into spot exchange-traded funds based on Ethereum over the past day amounted to $240.29 million. The corresponding figure for Bitcoin ETFs was $164.57 million.
Analyst Predicts ‘Altcoin ETF Summer’
In July, the SEC may approve spot ETFs based on a basket of cryptocurrencies, followed by decisions on funds based on Solana. This forecast was made by Bloomberg senior exchange analyst Eric Balchunas. Get ready for a potential Alt Coin ETF Summer with Solana likely leading the way (as well as some basket products) via […]
BlackRock’s IBIT Becomes Fastest Growing ETF, Surpassing Gold’s GLD
Assets of BlackRock’s largest exchange-traded fund, IBIT, exceeded $70 billion in just 341 trading days — the fastest pace among all ETFs.
Moscow Exchange to Launch Its Own Bitcoin Index
The Moscow Exchange has announced the launch of a Bitcoin index. The calculation and publication of the indicator under the ticker MOEXBTC will commence on June 10. Mechanics of the New Index The index is calculated once a day at 12:30 Moscow time. Detailed methodology can be found on the trading platform’s website. MOEXBTC is […]
Bitcoin’s Prospects Evaluated After Surpassing $107,000
The price of the leading cryptocurrency has exceeded $107,000 amid capital outflows from spot ETFs and news of unrest in the United States. Experts consulted by ForkLog explained the factors likely to influence the price in the coming weeks. 15-minute BTC/USD chart on Binance. Data: TradingView. Macroeconomic Factors Ryan Lee, Chief Analyst at Bitget Research, […]
Bitcoin Funds Lose Ground as Ethereum Products Gain Strength
From May 31 to June 6, inflows into cryptocurrency investment funds totaled $224 million: while inflows are slowing, Ethereum maintains a positive trend. This is according to a report by CoinShares. Source: CoinShares. In the previous reporting period, the figure was $321 million. Over a seven-week series, the total inflow reached $11 billion. In the […]We use cookies to improve the quality of our service.
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