Bitcoin (BTC) enjoyed a 2.20% boost driven by rising spot demand, briefly touching $ 68,000 before settling at $ 67,000, according to Singapore-based digital asset trading firm QCP Capital. The firm highlighted strong options activity and inflows into exchange-traded funds (ETFs), with analysts pointing to a growing wave of optimism in the market. …
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its key roles will be to evaluate South Korea’s plans for spot cryptocurrency ETFs and […]
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $ 18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $ 18.66 million flow out, with a trading …
The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $ 54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $ 3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted …
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $ 91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $ 14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 …