On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) saw gains, while their ether-focused counterparts faced a decline during the day’s trading session. ARKB Tops Bitcoin ETF Gains as Ether Funds Fall by $ 675K U.S. bitcoin ETFs saw a hefty $ 365.57 million in positive inflows on Thursday, with Ark Invest and 21shares’ …
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $ 3,000 Mark Amid …
Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust
Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $ 200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,” Binance stated. Binance and Tokocrypto Help Bust Major Crypto Fraud in Indonesia Crypto exchange …
ETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M
According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $ 158.21 million in inflows on Thursday, while ether ETFs saw $ 5.24 million in deposits. Bitcoin, Ether ETFs Show Positive Inflows as Reserves Climb Leading the charge on Thursday, Ark Invest and 21shares’ ARKB fund attracted a hefty $ 81.07 …
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $ 211.15 million, while ethereum ETFs faced a much smaller decline of $ 152,720. $ 211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $ 152K On Sept. 5, bitcoin and ethereum ETFs both took hits, with bitcoin ETFs …