Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm reported that bitcoin retested the $ 64,000 mark, while ether reclaimed $ 2,500 during the rally. ‘Uptober’ Gets a Head Start in Mid-September …
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 …
Spot Bitcoin ETFs See Second Day of Inflows, Adding Nearly $117M
The spot bitcoin exchange-traded funds (ETFs) posted gains on Tuesday, marking their second consecutive day of inflows. Spot ether ETFs also performed well, amassing $ 11.44 million during the trading session. Spot Bitcoin and Ether ETFs See Gains as Market Inflows Persist Data from sosovalue.xyz showed that the 12 spot bitcoin ETFs had inflows …
Spot Bitcoin ETFs Snap Outflow Trend With $28.72M Inflows; Ether ETFs Falter
According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $ 28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outflows of $ 5.2 million during the trading session. Bitcoin ETFs Recover $ …
Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports
Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest rate cuts hinted at during the Jackson Hole Symposium. Powell’s Comments Correlate With $ 543 Million Bitcoin Inflow, Coinshares Observes According to …