Friday’s trading session delivered a substantial influx of $ 979.22 million into 10 of the 12 spot bitcoin exchange-traded funds (ETFs), while spot ethereum ETFs accrued $ 23.87 million, reinforcing a pronounced shift in institutional engagement with digital assets. Friday’s Crypto ETF Frenzy In the bitcoin ETF domain, Blackrock’s IBIT emerged as the …
Bitcoin and ether ETFs continued their strong recovery with successive days of inflows worth $ 626 million and $ 167 million respectively. Bitcoin ETFs Reverse Outflows With Consecutive Days of Significant Inflows U.S. spot bitcoin ETFs continued the show of strength with another day of strong inflows. Data from Sosovalue on Jan. 16 …
Phantom, a Solana-focused cryptocurrency wallet with over 15 million monthly users, has reached a $ 3 billion valuation after raising $ 150 million in its Series C funding round. The round was co-led by Sequoia Capital and Paradigm, with the participation of A16crypto and Variant. Phantom aims to get mainstream with this fund …
A federal court has determined that 94,643 bitcoin, seized following the infamous 2016 Bitfinex hack, will be returned to the cryptocurrency exchange as part of voluntary restitution agreements tied to plea deals with the convicted perpetrators. Voluntary Restitution in Bitfinex Hack Includes $ 9 Billion in Bitcoin With a valuation exceeding $ 9 …
Two days ago on Jan. 8, spot bitcoin exchange-traded funds (ETFs) and their ether equivalents faced significant outflows, yet the group has amassed a staggering $ 118.56 billion in bitcoin (BTC) and ether (ETH) holdings since their debut on U.S. stock exchanges. From 5.5 Months to 1 Year: Crypto ETFs Reshape Investment Trends With …