U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $ 91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $ 14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 …
Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to boost local brokerage operations while carefully managing the high risks of virtual assets. Stringent measures, including investor suitability checks and mandatory risk disclosures, ensure that […]
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $ 242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $ 48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After a series of positive inflows, …
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $ 61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $ 822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post Losses The spotlight was on bitcoin ETFs, …
Since Jan. 11, 2024, twelve U.S. spot bitcoin exchange-traded funds (ETFs) have been steadily accumulating bitcoin (BTC). This doesn’t include the hefty BTC stash held by Grayscale’s GBTC, which has experienced a total outflow of $ 20 billion. Right now, these bitcoin funds hold an impressive 924,768.09 BTC, and if they continue scooping up …