Spot Bitcoin ETFs record new ATH of $680M as BTC bull run gathers pace – Cointelegraph
The U.S. Spot Bitcoin (BTC) exchange-traded fund (ETF) recorded cumulative daily inflows of $676.8 million, setting a new all-time high (ATH) for the ecosystem. As of February 28, the Spot Bitcoin ETF had attracted approximately $680 million worth of investments. Of the 10 players approved by the Securities and Exchange Commission (SEC), the daily inflows […]
Bitcoin soars above $60K as spot ETFs drive trending frenzy, lead to Coinbase crash
Bitcoin soared above $60,000 on Wednesday for the first time in more than two years, as the popularity of spot ETFs reignited trading enthusiasm for the volatile cryptocurrency and sent popular crypto exchange Coinbase crashing. Bitcoin’s price soared to nearly $64,000 in the early afternoon, close to its November 2021 all-time high of $68,789, but […]
Bitcoin ETFs see record high trading volumes as retail investors jump on crypto rally – CNBC
Retail traders appear to be using a new tool in this massive rally in Bitcoin: exchange-traded funds. These funds, launched last month, have seen a surge in trading volume this week as Bitcoin continues to rally. For example, iShares Bitcoin Trust (IBIT) had already seen more than 61 million shares change hands by early Wednesday […]
'The Nine' spot Bitcoin ETFs see $2B volume for 2nd straight day – Cointelegraph
Nine of the recently launched spot Bitcoin exchange-traded funds (ETFs) posted total trading volume of more than $2 billion for the second day in a row as demand and interest remain heated. In a Feb. 27 X post, Bloomberg ETF analyst Eric Balciunas described the day as “another wild volume day for Nine,” citing Grayscale’s […]
New bitcoin ETFs surpass 300000 BTC holdings in under two months – The Block
After less than two months of trading, nine newly created Spot Bitcoin exchange-traded funds now hold more than $300,000. BTC +11.33% Assets under management exclude Grayscale’s convertible GBTC fund. According to K33 Research, the nine new ETFs include Accumulated 303,002 BTC ($17 billion) as of yesterday’s close. These ETFs launching on January 11th include BlackRock […]
Bitcoin ETFs posted $2.2B net inflows over the week – Cointelegraph
Bitcoin exchange-traded funds (ETFs) continued to perform well this week, with net inflows exceeding $2.2 billion from February 12th to February 16th. The total exceeded the inflows received by any other of the 3,400 ETFs, according to Bloomberg analyst Eric Balchunas. Available in the US. BlackRock’s fund IBIT received the bulk of the capital, accumulating […]
Bitcoin ETFs inflows snowball: Last 4 days bigger than first 4 weeks – Cointelegraph
The Spot Bitcoin Exchange Traded Fund (ETF) has attracted more net inflows over the past four days of trading than in the first four weeks of trading in its entirety. according to Ten Spot Bitcoin (BTC) ETFs have seen inflows of 43,300 Bitcoin (worth $2.3 billion at current prices) in the past four days alone, […]
Bitcoin ETFs are sucking up 10X more BTC than miners can produce – Cointelegraph
The Spot Bitcoin Exchange Traded Fund (ETF) picked up more than 10 times as much Bitcoin as miners were able to produce on Monday, February 12th. according to In preliminary figures, at least $493.4 million, or approximately 10,280 Bitcoin (BTC), had flowed into the Spot Bitcoin ETF as of February 12th. BlackRock’s iShares Bitcoin Trust […]
Bitcoin breaks $50,000 for the 1st time in over 2 years due to ETFs, Fed cuts, and the upcoming halving – Fortune
Bitcoin topped $50,000 on Monday for the first time since December 2021, according to CoinGecko data, suggesting growing confidence in the digital currency after a tumultuous two years marked by scandals and bankruptcies. are doing. Due to capital inflows into exchange-traded funds (ETFs) and expectations for future monetary easing, Future half-life“The tailwinds for digital assets […]
Bitcoin ETFs hit $10B milestone just one month after approval – Cointelegraph
The recently launched Spot Bitcoin Exchange Traded Fund (ETF) has completed its first 20 trading sessions, reaching the $10 billion milestone in assets under management (AUM). Net flows across nine ETFs reached $2.7 billion on January 9, led by BlackRock’s IBIT fund, which currently holds $4 billion worth of Bitcoin (BTC), according to BitMEX Research […]