Bitcoin ETFs Extend Major Red Streak, But There Is a Light at the End of the Tunnel
The situation with the spot Ethereum ETFs is quite similar.
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The pace of outflows from U.S. spot Bitcoin ETFs has “moderated,” with analysts assessing whether selling pressure is exhausting.
Read full articleThe situation with the spot Ethereum ETFs is quite similar.
According to a recent SoSoValue update, U.S. spot Bitcoin ETFs recorded $85.85 million in daily total net inflow on June 12. Total value traded reached $1.81 billion, while total net assets stood at $79.65 billion. Those assets represented 6.26% of…
The inflow into Bitcoin ETFs highlights institutional confidence in Bitcoin over Ethereum, potentially widening the performance gap. The post Bitcoin ETFs see $86M inflow as BlackRock’s IBIT leads with $58M appeared first on Crypto Briefing.
BlackRock's BITA Bitcoin ETF Launches: What It Means The post Bitcoin ETFs News: BlackRock Filed to Launch an ETF That Pays 8-12% APY And Goldman Sachs Is Right Behind It appeared first on 99Bitcoins.
Zcash (ZEC) is making a push to restore confidence in its privacy-focused network after a major exploit scare triggered a sharp market selloff. Following a more than 50% price crash in ZEC, developers moved quickly to patch the network vulnerability. They are now proposing a new system designed to help users independently verify the cryptocurrency’s […]
Bitcoin ETF AUM Drops to $77.6B: What It Means for BTC The post Bitcoin ETFs Are Back to Square One: What $77.6B AUM Really Means appeared first on 99Bitcoins.
With a seemingly unstaunchable flow of BTC leaving the U.S. Spot Bitcoin ETFs and a shaky U.S. stock market making its impact felt, how long will it be before the Bitcoin price breaks down again? Could the $BTC price close below the $60K support?
U.S. spot bitcoin exchange-traded funds shed $91.37 million on June 8 even as their ether counterparts attracted $82.37 million, a one-day divergence that hints at capital rotating between the two largest crypto assets. A Tale of Two ETF Markets The split lands in the middle of one of the roughest stretches for crypto funds since […]