On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $ 39.42 million to their gains. Meanwhile, the spot ether ETFs experienced a dip, losing $ 17.97 million during the day’s trading. Spot Bitcoin ETFs See Fifth Day of Inflows, Ether ETFs Hit by $ 17M …
Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $ 405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $ …
Digital Assets Thrive in H1 2024, CME and Glassnode Report Finds
Digital assets showed significant growth in the first half of 2024, driven by increased institutional interest and the approval of spot bitcoin ETFs. According to a report from CME Group and Glassnode, these factors have cemented digital assets as a crucial asset class with unique opportunities and inherent risks. Institutional Interest Drives Digital Asset Growth […]
Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading
This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token ethereum name service (ENS) also witnessed a significant ascent, […]