ETF data from Jan. 15 reveals a strong rebound for bitcoin ETFs after four days of successive outflows, with ether ETFs also seeing another day of inflows. Bitcoin ETFs Back in the Green After Consecutive Losses Bitcoin exchange-traded funds (ETFs) experienced a series of outflows over four days, with $ 1.22 billion exiting the …
Weekly Inflows and Outflows Show Contrasting Fortunes for BTC and ETH ETFs
Ethereum ETFs closed the week strong with inflows above $ 300 million while bitcoin ETFs saw outflows of close to $ 400 million. Last Week of 2024 Sees Outflows for Bitcoin ETFs and Inflows for Ethereum ETFs Bitcoin and ethereum exchange-traded funds (ETFs) experienced mixed fortunes in the final week of 2024. According …
Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $ 334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain …
Zimbabwe Limits USD Outflows for Departing Residents to $2,000
The Reserve Bank of Zimbabwe (RBZ) has imposed a new limit on the amount of U.S. dollars that travelers can carry out of the country. Under the revised regulations, travelers are now limited to carrying a maximum of $ 2,000 in cash when departing Zimbabwe. Previously, travelers were allowed to carry up to $ …
Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $ 14.7 billion that flowed out of Brazil through August, hinting at the use of virtual assets as payment tools. Cryptocurrency …