On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another high-activity trading session, pulling in $ 458.54 million in gains. Meanwhile, ether ETFs also saw inflows, with $ 24.22 million moving into the nine funds. U.S. Bitcoin and Ether ETFs Absorb Millions – A Key Shift in Market Dynamics Data from sosovalue.xyz showed …
US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M
U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $ 356.26 million on Friday. To date, ETHE has recorded more than $ 1.5 billion in cumulative outflows. Grayscale’s Ethereum Trust Sheds $ 1.5B in 4 Trading Sessions The spot ether ETFs …
$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest
U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $ 301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $ 117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with seven out of 11 spot …
Ark Invest CEO Expects Spot Bitcoin ETFs to Attract ‘Substantial’ Institutional Flows, Pushing BTC ‘Much Higher’
Ark Invest CEO Cathie Wood expects spot bitcoin exchange-traded funds (ETFs) to move the price of bitcoin “much higher.” The securities regulator is expected to make a decision on spot bitcoin ETFs by Wednesday. “We think that the SEC approval, should we and others get it, is a green light for institutions. We’ve been talking […]