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Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark

2024-07-13 by admin Leave a Comment

U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $ 120.03 million and $ 115.14 million, respectively. Blackrock’s IBIT and Fidelity’s FBTC Dominate Friday’s Bitcoin ETF Inflows On Friday, the U.S. spot bitcoin …

$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total

2024-06-09 by admin Leave a Comment

Over the last 90 days, the stablecoin economy expanded by over 11%, with $ 16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season; USDE Climbs to Fourth Largest Dollar-Pegged …