US-Based Bitcoin ETFs Post Roughly $1B Inflows In Past Week: Report
The price of Bitcoin saw a rise in bullish momentum over the past week, as the initially improving situation in the Middle East served as a significant catalyst. This optimism seems to have spread across the digital asset market, as fresh capital also flowed into the US-based spot Bitcoin ETFs (exchange-traded funds). According to the […]
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Bitcoin ETF inflows had hit over a billion dollars on their first week of trading. The success of the ETFs saw the digital asset rally towards a new all-time high. Interest in the market grew tremendously among retail and institutional investors alike, leading to a week of record inflows, the highest the market has ever seen in a seven-day period. This demand has been a culmination of growing interest from institutional investors over the past couple of months. Related Reading | MicroStrategy Bent On Increasing Bitcoin Bet After 9,000 BTC Purchase, Says CEO However, the past week has....
Data shows the Bitcoin spot exchange-traded funds (ETFs) are back to positive days, but Ethereum funds are still leading the market. Bitcoin Spot ETFs Saw 3,018 BTC In Net Inflows Last Week In a new post on X, analytics firm Glassnode has talked about the latest trend in the weekly inflows related to the US […]
US Spot Bitcoin and Ethereum ETFs finally broke their six-day losing streak on November 6, posting their first day of net inflows after nearly a week of continuous capital outflows. Data from SoSoValue shows that Bitcoin ETFs drew $240.03 million in new investments over the past 24 hours, while Ethereum ETFs gained $12.51 million. Solana ETFs, meanwhile, continued to show remarkable consistency, bringing in $29.22 million in daily inflows. That figure extended Solana’s winning streak to eight consecutive days of positive capital movement, even as other major digital-asset ETFs struggled to....
Data shows the Ethereum spot exchange-traded funds (ETFs) have seen weekly inflows five times the recent average, while Bitcoin has seen a slowdown in momentum. Ethereum Spot ETFs Have Seen 154,000 ETH In Inflows This Week In a new post on X, the analytics firm Glassnode has talked about the latest trend in the netflow related to the US-based Ethereum spot ETFs. The “spot ETFs” refer to investment vehicles that allow an alternate means of exposure to a given asset. This means that with a spot ETF, a trader can ‘invest’ into an asset without having to directly own....
The US-based Bitcoin ETFs (exchange-traded funds) continued their red-hot streak of positive inflows in the past week. These crypto-based financial products posted over $600 million in net capital influx over the last five trading days, reflecting a sustained optimistic sentiment amongst investors in the United States. While the BTC exchange-traded funds got off to a […]