The crypto world is feeling a bit shaky. Bitcoin ETFs, which used to be super popular, are now seeing money leave faster than a kid running from homework. This isn't just a small dip; it's a big deal. In the latest trading session, nearly $1 billion was pulled out of Bitcoin ETFs. That's the second-largest amount ever for these funds. BlackRock's Bitcoin fund saw $3...
The crypto world is going through a tough time right now. Prices are down, and people are feeling pretty scared. But some experts think this might actually be a good thing in the long run. Hunter Horsley, the boss of Bitwise, believes the market is changing. He says the old four-year cycle is over. Now, there are new rules, new players, and new reasons why people bu...
Bitcoin ETFs saw a big turnaround on October 21, ending a four-day streak of losing over $1. 2 billion. They brought in $477. 2 million in new money, the biggest one-day gain in two weeks. BlackRock’s IBIT led the way with $210. 9 million, followed by ARK Invest’s ARKB with $162. 9 million and Fidelity’s FBTC with $34. 1 million. Even smaller funds like Franklin’s EZ...
Crypto investors have been on a rollercoaster ride lately. After pulling out cash from Bitcoin and Ethereum ETFs for days, they suddenly poured in $618. 9 million on Tuesday. But don't get too excited. This cash influx didn't give the prices of these cryptocurrencies a lasting boost. Last week, investors put in $477 million into Bitcoin ETFs and $142 million into Et...
Last week, Bitcoin and Ethereum ETFs saw a massive surge in investments, pulling in over $3. 17 billion. This brought the total for the year to a staggering $48. 7 billion, already surpassing last year's record. Bitcoin funds alone accounted for $2. 6 billion, while Ethereum funds brought in $338 million. Despite a sharp market drop on Friday, the impact on ETF hold...
The crypto market is showing a mix of trends and predictions. Bitcoin and Ethereum are trading sideways, while Dogecoin is gaining momentum. Spot Bitcoin ETFs saw a significant inflow of $197. 7 million, but spot Ethereum ETFs experienced an outflow of $8. 5 million. This shows that investors are still interested in Bitcoin, but they are pulling out of Ethereum. In ...
Investors are pulling money out of Bitcoin ETFs fast. Over $1. 1 billion has left these funds in just five days. This is happening as people get ready for a big speech by the head of the U. S. Federal Reserve, Jerome Powell. The speech is at the Jackson Hole symposium, and it's making everyone nervous. Bitcoin's price has taken a hit too. It's dropped by 10% since i...
Ethereum ETFs have been on a roll, pulling in more money than Bitcoin ETFs for five days straight. This isn't just a small win—it's a big deal. Over the past five days, Ethereum ETFs have gathered about $3. 4 billion, while Bitcoin ETFs have only seen $966 million. That's a huge difference! So, what's behind this sudden interest in Ethereum? Experts point to a few k...
A man from Alabama, along with some accomplices, managed to take over a high-level government account to boost the price of Bitcoin. The scheme was simple, but sneaky. They hijacked the X account of the US Securities and Exchange Commission (SEC) and posted a fake news that the SEC had approved Bitcoin exchange-traded funds (ETFs). The announcement was enough to make...
The popularity of Bitcoin exchange traded funds (ETFs) has soared to new heights, turning them into the largest holders of the leading cryptocurrency. Recently, these funds collectively surpassed $100 billion in assets under management. This achievement marks one of the quickest and most significant launches of an ETF. The combined holdings of the 12 spot Bitcoin ETF...