U.S. spot bitcoin exchange-traded funds (ETFs) have seen outflows for the fifth consecutive day since April 12, with a reduction totaling $ 4.3 million during Wednesday’s trading sessions. ETF Analyst’s Perspective: Recent Bitcoin ETF Outflows Within Expected Norms The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, …
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $ 756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace by trading volume, dethroning Blur for the first …
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $ 36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $ 159.25 million. Blackrock’s IBIT and Fidelity’s FBTC Lead in Bitcoin Accumulation as GBTC Sells …
The Hong Kong Securities and Futures Commission (SFC) has given the green light to several spot bitcoin and ethereum exchange-traded funds (ETFs), a move that signals substantial progress in the region’s crypto market, with approvals awarded to China Asset Management, Bosera Capital, and Hashkey Capital Limited, and an in-principle approval for Harvest Global Investments. These […]
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $ 55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23 bitcoins, the fund’s holdings reduced to 314,145.2 bitcoins. Blackrock and Fidelity Absorb Bitcoin …