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 …
US Bitcoin ETFs Soar With $192M Boost; Ethereum ETFs Record Modest Loss
The latest figures from U.S. spot bitcoin and ethereum exchange-traded funds (ETFs) reveal another contrasting shift. Bitcoin ETFs welcomed $ 192.56 million in inflows, while their ethereum counterparts saw around $ 2.87 million in net outflows. Blackrock’s IBIT Leads Inflow Gains On Thursday, bitcoin and ether ETFs moved in opposite directions, with bitcoin …
US Bitcoin ETFs Record Modest Losses With $13.62M Outflows on Tuesday
U.S. spot bitcoin exchange-traded funds experienced slight losses on Tuesday, with $ 13.62 million in outflows recorded. Grayscale’s GBTC was the primary contributor, losing $ 31.38 million during the trading sessions. Blackrock’s IBIT Secures Top Spot With $ 14.12M Inflows Amidst ETF Outflows Following inflows on Monday, the 11 spot bitcoin ETFs …
Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $ 79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $ 73.2 million to $ 79.3 million. Remarkably, this was achieved even as Riot Platforms experienced a 36% decrease in the number of bitcoins mined, …
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
Gold achieved a record high of $ 2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the leading crypto asset in terms …