U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $ 200.31 million in outflows on Tuesday following the $ 64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $ 121 million reduction. Spot Bitcoin ETFs Lose Ground Spot bitcoin ETFs have recorded two days of outflows so …
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $ 130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $ 168 million. Consistent Inflows for U.S. Spot Bitcoin ETFs The inflow trend for U.S. spot bitcoin ETFs continued, adding another …
SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that spot ethereum exchange-traded funds (ETFs) “will take some time” to commence trading, highlighting the necessity for a thorough disclosure process. Additionally, Gensler emphasized the lack of proper disclosure provided by crypto exchanges to investors. Spot Ether ETFs ‘Will Take Some Time’ The chairman […]
Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum
On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading With 200x Leverage Offering According to a social media post on X published Wednesday, Bitmex is introducing 200x leverage perpetuals for ethereum […]
US Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $ 886.6 million, with Fidelity’s FBTC leading, capturing $ 379 million on Tuesday. U.S. Spot Bitcoin ETFs Secure Over $ 61 Billion in BTC Holdings Spot bitcoin …