Boom in Bitcoin ETFs: Over $17 billion in net inflows – Cointribune EN
6:40pm 3 Takes a few minutes to read ▪ Micaiah A. The democratization of Bitcoin through ETFs is in full swing. These financial instruments have been a remarkable success and allow investors to turn to regulated investments. Currently, Bitcoin ETFs are seeing record inflows, indicating growing enthusiasm for this cryptocurrency. In this article, we explore […]
US Bitcoin ETFs see record $17B in net inflows – Cointelegraph
In a landmark achievement, a U.S. Bitcoin spot exchange-traded fund (ETF) recorded cumulative inflows of over $17 billion, setting a new record. According to the data Monitored Net inflows were driven primarily by BlackRock’s IBIT, which alone brought in $18.968 billion, according to Far Side Investors, while Fidelity’s FBTC also contributed significantly with $9.962 billion […]
Bitcoin ETF: Grayscale records its first inflows of $63 million! – Cointribune EN
3:00 ▪ 3 Minimum read time ▪ up to Eddie S. In the ever-volatile world of cryptocurrencies, prevailing winds can quickly change direction. Grayscale’s remarkable resurgence in the Bitcoin ETF market is proof of that. After enduring nearly four months of outflows from his flagship GBTC fund, the New York-based firm has made a sensational […]
GBTC outflows overpower spot bitcoin ETF inflows – The Block
Funding • April 9, 2024, 2:54 a.m. EDT issued 1 minute ago upon The US spot Bitcoin exchange-traded fund recorded net outflows yesterday after four consecutive days of inflows. The main reason was Grayscale’s GBTC Spot ETF, which had net outflows of more than $303 million in one day. All other Bitcoin ETFs recorded net […]
Bitcoin: How $12 billion in ETF inflows and yields changed crypto-adoption – AMBCrypto News
Bitcoin ETFs attracted large inflows and played a key role in market expansion. Despite the challenges, ETFs are exploring crypto yield opportunities, signaling a shift in strategy. As recent reports show, the state of liquidity in the cryptocurrency market has evolved significantly. bloomberg. This suggests that the market has surpassed the immediate liquidity gap and […]
Spot Bitcoin ETF net inflows drop by 80% as BTC price dips below $69K – Cointelegraph
The US-based Spot Bitcoin exchange-traded fund (ETF) recorded its lowest net inflows ever on March 14, with net inflows of just $132 million. This is the lowest level in eight trading days and has fallen 80% since March 13th. Thursday’s decline was the second consecutive day of declines. Wednesday’s inflows reached $684 million, down 38.3% […]
Bitcoin keeps record highs in sight as ETF inflows persist By Investing.com – Investing.com
©Reuters Investing.com — Stocks traded just below record highs in Asian trading on Tuesday, continued support from steady inflows into spot exchange-traded funds approved earlier this year. The world’s largest cryptocurrency rose 5.6% to trade at $72,156.6 by 22:51 ET (02:51 GMT), close to its all-time high of $72,771 hit on Monday. was maintained. Bitcoin’s […]
BlackRock's IBIT spot bitcoin ETF inflows cross $10 billion – The Block
BlackRock’s IBIT Spot Bitcoin exchange-traded fund on Friday surpassed $10 billion worth of net inflows in just two months. IBIT’s $10.03 billion in total outflows is nearly enough to offset the $10.55 billion in total outflows from Grayscale’s convertible GBTC fund alone. This compares with the $10.1 billion worth of inflows from the other eight […]
Bitcoin ETF inflows hit $562 million as BTC price eyes new high – Cointelegraph
The U.S.-based Spot Bitcoin exchange-traded fund (ETF) traded 562,000 BTC on March 4, as the price of BTC topped $68,000 and moved closer to the cryptocurrency’s all-time high of about $69,000. It recorded a net inflow of $1 million. This was the third-highest day of inflows into the Spot Bitcoin ETF since it began trading […]
Rupee likely to remain stable amid dollar inflows ahead of Ramadan – Geo News
Traders say IMF review and monetary policy will be key factors in determining the direction of the rupee A Pakistani shopkeeper counts money at his shop in Islamabad. — AFP/File The rupee ended this week at 279.19 against the dollar. Traders say there is no major pressure from the demand side. USD/PKR remains […]