Bitcoin and Ethereum ETFs See $1 Billion Outflow in a Day
BTC Markets analyst Rachel Lucas attributed outflows from spot exchange-traded funds based on the two largest cryptocurrencies to macroeconomic uncertainty.
Bitcoin and Ethereum ETFs See $1 Billion Outflow in a Day
BTC Markets analyst Rachel Lucas attributed outflows from spot exchange-traded funds based on the two largest cryptocurrencies to macroeconomic uncertainty.
Trader turns $125,000 into $43m on Ethereum
An unknown trader booked a 55-fold return on the second-largest cryptocurrency, according to Lookonchain. This legendary trader has closed all 66,749 $ETH($303M) longs, locking in a profit of $6.86M(55x)! Starting with only $125K, his total account equity peaked at over $43M(a 344x return), but now stands at $6.99M(a 55x return) after closing.https://t.co/E0iU5Pk3Q6 pic.twitter.com/NHMicKo6b3 — Lookonchain […]Ethereum ETFs attract a record $2.8bn in a week
From 9 to 15 August, inflows into cryptocurrency funds reached $3.75bn. That was the fourth-largest weekly figure on record, according to the latest CoinShares report. Weekly flow dynamics for crypto funds. Source: CoinShares. Since the start of the year, crypto-backed investment products have taken in $34.4bn. Assets under management (AUM) have exceeded $233.8bn, setting a […]
Ethereum ETFs Attract Over $2.6 Billion in Eight Days
Net capital inflow into spot exchange-traded funds (ETFs) based on the second-largest cryptocurrency reached $2.6 billion over the past eight days. Source: SoSoValue. On August 14, net inflow into spot Ethereum ETFs in the United States amounted to $639.6 million. Source: SoSoValue. The leading fund was BlackRock’s ETHA, with an inflow of $519.7 million. Grayscale […]
Ethereum ETF Inflows Surpass $2.6 Billion in Eight Days
Net capital inflows into spot exchange-traded funds based on the second-largest cryptocurrency have reached $2.6 billion over the past eight days. Source: SoSoValue. On August 14, net inflows into spot Ethereum ETFs in the United States amounted to $639.6 million. Source: SoSoValue. The leading fund was BlackRock’s ETHA, with $519.7 million. Grayscale Ethereum Mini Trust […]Ether ETF inflows outstrip issuance since the Merge
U.S. spot exchange-traded funds tied to the second-largest cryptocurrency attracted $2.45bn over the past month, equivalent to roughly 500,000 ETH. Since the Merge, the network has issued 456,723 ETH. Источник: SoSoValue. This week also set a record, with investors pouring $2.27bn into nine spot Ethereum ETFs. Analysts at Standard Chartered noted that demand is also […]
Kazakhstan Launches Central Asia’s First Bitcoin ETF
On August 13, trading commenced on the Astana International Exchange (AIX) for Central Asia’s first spot Bitcoin ETF, under the ticker BETF. This was announced in a press release by the investment company Fonte Capital, which is behind the fund. The issuance volume was 40,000 shares, with an initial price of $25 per security. In […]
Ethereum nears its all-time high after testing $4,700
The second-largest cryptocurrency by market capitalisation cleared $4,600. The asset has risen 8.3% over the past 24 hours, according to CoinGecko.
Crypto Funds Overtake Traditional ETFs
Half of the 20 most successful ETFs in the United States are linked to cryptocurrencies, noted Nate Geraci, president of NovaDius Wealth. 1,300+ ETFs have launched since beginning of last yr… 10 of top 20 are crypto-related (incl top 4 overall). 5 spot btc ETFs, 2 spot eth ETFs, 2 mstar ETFs, & 1 leveraged […]
Ethereum Surpasses Bitcoin in Growth Rate for the First Time Since 2024
The second-largest cryptocurrency by market capitalization has emerged as the leader in value growth among major cryptocurrencies, according to The Block. Since the beginning of the year, Ethereum’s price has risen by 29%, reaching $4286 at the time of writing. During the same period, Bitcoin increased by 28% to $118,408, as reported by CoinGecko. Why […]
Coinbase Poised to Benefit Most from Ethereum’s Surge, Says Bernstein
American cryptocurrency exchange Coinbase stands to gain the most from Ethereum’s rally and the onset of altcoin season, according to analysts from research firm Bernstein, as reported by The Block. At the time of writing, Ethereum is trading at $4288. On August 11, the coin’s price reached $4300, marking a multi-year high. Hourly chart of […]We use cookies to improve the quality of our service.
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