Bitcoin Spot ETFs See Inflows for Tenth Consecutive Day
As of May 28, net inflows into spot exchange-traded funds (ETFs) based on the leading cryptocurrency amounted to $432.62 million.
Bitcoin Spot ETFs See Inflows for Tenth Consecutive Day
As of May 28, net inflows into spot exchange-traded funds (ETFs) based on the leading cryptocurrency amounted to $432.62 million.Bitcoin Nears $112,000 Amid Institutional Buying Spree
On the evening of May 22, the price of the leading cryptocurrency nearly tested the $112,000 level, buoyed by substantial inflows into ETFs. The digital gold reached a peak of $111,980 against the BTC/USDT pair on the Binance exchange. At the time of writing, the asset is trading around $110,650. 15-minute BTC/USDT chart on Binance. […]
Investors Channel $2.3 Billion into Bitcoin ETFs Over Six Days
On May 21, investors poured $609 million into spot ETFs based on digital gold, amounting to $2.3 billion over the past six days. Data: SoSoValue. This trend coincided with the first cryptocurrency reaching a new all-time high above $109,000. On May 22, prices surged past the $111,000 mark. Total inflows into these products increased to […]
Standard Chartered Reaffirms $500,000 Bitcoin Target Amid Sovereign Fund Interest
In the first quarter, government entities increased their holdings in Strategy shares as a derivative of digital gold. Standard Chartered reached this conclusion based on reports to the SEC, writes The Block. This trend has reinforced the bank’s experts’ expectations of the first cryptocurrency reaching a target of $500,000 by 2028. “As more investors gain […]
Bitcoin Spot ETF Inflows Continue for Fourth Consecutive Day
Amidst a market revival on May 19, net inflows into spot exchange-traded products (ETFs) based on the leading cryptocurrency amounted to $667.44 million, according to SoSoValue.
Crypto Fund Inflows Surge to $6.7 Billion Since Start of Year
Between May 3 and May 9, net inflows into cryptocurrency investment funds amounted to $882 million, compared to $2.03 billion in the previous period, according to a report by CoinShares. This positive trend has continued for the fourth consecutive week. Data: CoinShares. Total inflows since the beginning of the year have risen to $6.7 billion. […]
Institutional Investors Increase Bitcoin Holdings Above $100,000
On May 8, Bitcoin surpassed the $100,000 mark. The primary driver of this growth is the activity of institutional investors, who are increasing their investments through ETFs. According to Farside Investors, on May 7, the net inflow into spot funds amounted to $142.3 million. The leader was the ARK 21Shares Bitcoin ETF (ARKB) with $54 […]
Bitcoin Spot ETF Inflows Surpass $1.5 Billion in Three Days
On May 5, investors funneled $425.5 million into spot ETFs based on digital gold, with a total of $1.52 billion over the past three days. Source: SoSoValue. On May 5, BlackRock’s IBIT made a significant contribution to the positive trend with $531.2 million. Source: SoSoValue. IBIT’s Bitcoin position reached 614,639 BTC. Over the past two […]
US Economic Slowdown Seen as Boon for Cryptocurrencies, Says Expert
The easing of inflation concerns in the United States and hopes for a rate cut by the Fed are positive factors for cryptocurrencies. This conclusion was shared by BRN’s leading analyst Valentin Fournier in a comment for The Block. “As inflation approaches the Fed’s target of 2%, expectations for multiple rate cuts are strengthening. This […]
Bitwise CIO Predicts Record Inflows into Bitcoin ETFs
Major US brokers Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS are expected to offer bitcoin ETFs to all client categories by the end of 2025, according to Bitwise’s Chief Investment Officer Matt Hougan. He believes this move will drive unprecedented inflows into BTC ETFs, despite a weaker performance compared to the same period last […]
ProShares to Launch XRP Futures ETFs
Asset management firm ProShares plans to launch three futures-based exchange-traded funds (ETFs) linked to Ripple’s XRP token on April 30. The company amended its application on April 15. The SEC raised no objections during its review. The new funds offer leveraged and inverse exposure to XRP but do not hold the asset directly, unlike spot […]
SEC Drops Dragonchain Case but Delays Crypto ETF Decisions
SEC and representatives of Dragonchain founder John Joseph Roets, along with affiliated companies, have filed a joint agreement in court to dismiss the case initiated in 2022. This was reported by The Block. Three years ago, the regulator accused Roets, Dragonchain, Dragonchain Foundation, and Dragon Company of an unregistered securities offering in 2017, raising $16.5 […]We use cookies to improve the quality of our service.
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