On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $ 47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $ 353M ETF Influx The inflows to …
US ETH ETFs Draw $48.73M on Monday; Grayscale’s $46.84M Outflow Dampens Impact
On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $ 48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $ 461.98 million, primarily due to significant outflows from Grayscale’s Ethereum Trust. Blackrock Leads $ 48.73M Inflows for …
US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $ 44.51 million. Blackrock’s IBIT led with gains of $ 65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $ 3.29 million. While Blackrock Captures Nearly $ 66M, Grayscale Outflows Weigh in Again During …
US Spot Bitcoin ETFs Draw $11.8M Thursday, Bitwise’s BITB Led the Pack With $8M
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 11.8 million on Thursday, marking the third consecutive day of inflows. Bitwise’s BITB fund topped the list, bringing in $ 8 million during the trading sessions. Demand for Bitcoin ETFs Continues Since Jan. 11, 2024, the 11 spot bitcoin ETFs have accumulated $ 14.45 …
Market Jitters: Analysts Warn of Looming US Stock Crash, Draw Parallels to 1929
As the U.S. stock market scales new heights, a growing chorus of analysts warns that a severe crash could be on the horizon, reminiscent of the devastating 1929 collapse. Concerns center around the meteoric rise of Nvidia and the burgeoning artificial intelligence (AI) sector, feared to be the latest bubble in a pattern echoing past […]