On Monday, U.S. spot ethereum exchange-traded funds (ETFs) recorded their second-highest inflows since their inception. Approximately $ 48.73 million was added, yet the nine funds collectively remain in the red, with a deficit of $ 461.98 million, primarily due to significant outflows from Grayscale’s Ethereum Trust. Blackrock Leads $ 48.73M Inflows for …
Coinshares Sees $528 Million Outflow From Crypto Products Due to Recession Fears
Coinshares, a digital asset investment firm, has reported a significant $ 528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened market uncertainty and investor caution amid economic downturn concerns. Despite this setback, Coinshares remains committed to its long-term strategy and continues to expand …
US Spot Ethereum ETFs Record $77.21M Outflow
On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $ 77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction of $ 133.33 million. Over $ 77 Million Withdrawn From U.S. Spot Ethereum ETFs The nine spot ether …
US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $ 77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $ 71M Following 12 consecutive days of inflows …
Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow
According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized exchanges have seen 70,966 BTC, valued at $ 4 billion, withdrawn …