JPMorgan raised its investments in both Bitcoin and Ethereum ETFs, while Goldman Sachs made substantial investments in Bitcoin ETFs. Both JPMorgan and Morgan Stanley have increased their stakes in MicroStrategy, a Bitcoin-focused company, with JPMorgan adding 660,693 shares, and Morgan Stanley expanding its holdings by 22.6%. Major Wall Street banks are ramping up positions in…
Ethereum ETFs saw a record $515 million weekly inflow amid rising investor interest post-U.S. election results. Monochrome offers innovative Ethereum ETFs with tax benefits, enabling CGT-free transfers via a dual-access trust structure. Ethereum spot ETFs had a record weekly net inflow of $515 million between November 11 and November 15. While Fidelity’s ETF FETH added…
Ever since the US presidential elections in the middle of last week, the spot Bitcoin ETFs had enjoyed a massive demand trend with a couple of $1+ billion inflow days before a slight change in investors’ tactics. The spot Ethereum ETFs also had some noteworthy days but ended the week in the red. Billions Enter…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Ethereum Spot Exchange-Traded Funds (ETFs) saw their first outflows after Donald Trump won the election. Likewise, the price of ETH struggled, staying around the $3,000 support level. This change shows a shift in how investors feel after a recent trend of more money flowing into these funds. Selling Pressure…
Consistent inflows into ethereum exchange-traded funds (ETFs) suggest growing institutional investor interest in the asset class. Net Inflows Rise on Ethereum ETFs Ethereum exchange-traded funds (ETFs) have witnessed a remarkable surge in investor interest, with five consecutive days of net inflows totaling a substantial $649.3 million. A look at the market shows that the total…
Cryptocurrency-related exchange-traded funds (ETFs) now make up almost 40% of the top 50 best-performing ETFs launched in 2024. The surge is an indicator of the growing interest in digital assets, positioning such products as key parts of the investment space. Crypto ETFs Leading the Charge According to data shared by ETF expert Nate Geraci in…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitwise Asset Management has made a significant move by acquiring Attestant, a London-based Ethereum staking service. This acquisition signals the company’s ambition to broaden its scope beyond its core exchange-traded funds (ETF) offerings, and it comes as the firm looks to capitalize on the growing demand for cryptocurrency staking. …
The US spot Ether exchange-traded funds (ETFs) continued to set records as the market maintained momentum following Donald Trump’s election win. November 12 was a key day, with these investment vehicles seeing a net inflow of almost $136 million, marking the first instance of a five-day streak of positive inflows. This surge brings the total…
Ethereum prices have surged a whopping 38% over the past seven days, outpacing Bitcoin’s gains, which were around 30% over the same period. Moreover, Ethereum’s market capitalization has increased by more than $100 billion in less than a week. To put this into perspective, this is more than Solana’s entire market capitalization. This has pushed the…
SEC delays decision on spot Ethereum ETF options, requiring more public input and analysis. The State of Michigan Retirement System invests $11M in Grayscale’s Ethereum trusts. The Securities and Exchange Commission (SEC) has deferred its decision on authorizing spot Ethereum ETF options once more, citing the need for additional investigation and public feedback. Particularly affecting…
In perhaps one of the most intriguing and important weeks for the US, local investors showed uncertainty at first but ultimately changed their sentiment toward the spot Bitcoin ETFs as the country elected a new president. Even the spot Ethereum ETFs saw some impressive net inflows for their own standard. BTC ETFs During Election Week…
Staking could significantly boost the flow of investments into US-traded Ethereum exchange-traded funds (ETFs), according to Tom Wan, a former crypto analyst with 21.co. On Nov. 7, Wan pointed out that staking could help the funds reduce management fees, increase the overall amount of Ethereum staked, and provide more substantial incentives for investors. Wan noted…
Amidst a market-wide rally, an Ethereum whale who has been inactive for over eight years has made an interesting move. According to Lookonchain’s latest tweet, this entity, which controls 28 wallets, recently began selling some of its 398,891 ETH, worth approximately $1.14 billion. On November 7th, in a span of six hours alone, 13,400 ETH,…
November 5 is finally here, and all eyes are on the United States as the country elects its next president – whether it will continue with its Democratic views as it did during the past four years or it will go back to the previous cycle when Republican candidate Donald Trump was in charge. As…
State of Michigan pension fund holds over $11 million in spot Ethereum exchange-traded funds. The 13F filing the State of Michigan Retirement System about $10 million in Grayscale ETF ETHE and $1.1 million in Grayscal Ethereum Mini Trust ETF (ETH). The State of Michigan pension fund has disclosed in a 13F filing that it acquired…
The spot Bitcoin ETFs enjoyed another week of substantial inflows, with almost $1 billion entering the funds in the past five trading days. The same cannot be said about their Ethereum counterparts, which actually ended the week with minor losses. $1B Enters BTC ETFs Weekly CryptoPotato reported last weekend that the 11 spot Bitcoin ETFs…
Ethereum is currently facing a short-squeeze risk as depicted by the rising Estimated Leverage Ratio (ELR) which acts as a crucial indicator of market sentiment. As the ELR has increased over the past few months, it reflects a growing number of traders adopting high-leverage short positions. Ethereum Faces Short-Squeeze Risk CryptoQuant data, as shared by…
The landscape around the spot Bitcoin ETFs turned highly positive in the past week, with the products attracting more than $2 billion in net inflows. This has become their best five-day trading period in this regard since mid-March. Massive Inflows for BTC ETFs It’s safe to say that it was a big week for the…
The eleven spot Bitcoin ETFs in the United States have collectively surpassed $20 billion in inflows this week. Thursday’s big inflow added to that total flow figure, which was $20.73 billion, according to Farside Investors. Bloomberg’s senior ETF analyst Eric Balchunas said that this was the most important number because it is the “most difficult metric…
Monochrome Asset Management is preparing to launch Australia’s first spot Ethereum exchange-traded fund (ETF) on the Cboe exchange following the asset’s approval in the U.S. market. The Monochrome Ethereum ETF (IETH), which will begin trading on Monday, October 14, offers Australian investors a new way to access the cryptocurrency. Details Of The New Offering “Monochrome…
October 14, 2024 at 03:00 PM GST updated: October 13, 2024 at 10:32 PM 3 mins read Press Release In the crypto arena, new projects that could outshine their older counterparts often emerge. According to analysts, Lunex Network (LNEX) is one such project. This presale sensation reached phase three in just a few short days,…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The United States Securities and Exchange Commission (SEC) has held back from taking a major decision. The U.S. SEC shifted its ruling on allowing exchanges to list options linked to spot Ethereum exchange-traded fund (ETF). According to a filing entered on October 11, the regulatory body remains undecided. The…
The spot Bitcoin and Ethereum ETFs broke the negative streak registered last week and ended the current trading one with net inflows. However, the situation around the ETH ETFs is quite underwhelming, to say the least, once again. Bitcoin ETFs’ Demand Is Back CryptoPotato reported last weekend the dire landscape regarding the net flows toward…
The U.S Securities and Exchange Commission has again delayed the decision about another crypto listing. According to the October 11 filing, the commission has delayed decisions about options tied to Ether exchange traded funds (ETFs). Let’s explore what investors were hoping and what is happening. Another Postponement for Ether ETF Options On October 11, the…
A study titled “ETFs and Beyond,” released on Oct. 10 by investment giant Charles Schwab, revealed that almost half of the respondents said they plan to invest in crypto ETFs. The survey of 2,200 investors, which was fielded from July 2nd to July 20, revealed that 45% of ETF investors were interested in crypto products. However,…
It has been almost three months since the launch of the exchange-traded funds tracking the performance of the second-largest cryptocurrency, and CryptoQuant decided to observe the differences between their inflows compared to the data from the BTC ETFs’ initial days. The numbers don’t lie, and they clearly rule in favor of BTC. ETF Battle Between…
Top ETFs are gaining popularity among investors eyeing the best crypto ETFs. October’s market volatility offers chances to boost gains in the cryptocurrency sector. Also Read: Goldman Sachs Revises Gold Price Prediction For 2025 Navigate Market Volatility with October’s Best Crypto ETFs 1. iShares Bitcoin Trust (IBIT) The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is a…
After being on a highly impressive streak of net inflows, the landscape around the 11 US spot Bitcoin ETFs changed in the past week, perhaps due to the geopolitical tension in the Middle East. The Ethereum-based funds are also in the red on a weekly scale, while the two underlying assets’ prices crashed to local…
Ethereum (ETH) price has dropped about 12.73% in October, from $2,648 to $2,311. Ethereum reserves increased by 186,000 ETH in 24 hours, signaling rising selling pressure and mixed sentiment. Despite positive news surrounding Franklin Templeton’s proposed Bitcoin and Ethereum index ETFs, Ethereum (ETH) and Bitcoin (BTC) display price declines. As October begins, often referred to…
Franklin Templeton has filed a proposal with the US SEC to launch a Bitcoin and Ethereum index ETF. If approved, this ETF would be the first to hold both BTC and ETH in a single fund. Franklin Templeton, a trillion-dollar asset management firm, submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for…
An Ethereum ICO participant has sold another 19,000 ETH over the past two days. This freshly offloaded stash is worth around $47.54 million at the current price. This entity had previously received 150,000 ETH during the genesis at an ICO cost of just $46.5K. Dormant Ethereum ICO Participant Resurfaces As flagged by on-chain transaction analytics…
Spot Bitcoin exchange-traded funds (ETFs) experienced volatility on the first of October, changing the recent trend. The sector recorded $242.53 million in outflows, thus ending an eight-day growth period. Even with the negative fund flow, BlackRock’s iShares Bitcoin Trust (IBIT) was not bearish as it received $49.84 million in investment. At the end of September…
US investors showed increased demand for the spot Bitcoin ETFs during the entire trading week, with more than $1 billion entering the 11 such US-based funds. Interestingly, the interest for their spot Ethereum counterparts has also picked up, as they registered their second-best week since going live in July. Over $1B in Bitcoin ETFs in…
Chainlink’s Proof of Reserve (PoR) solution addresses the demand for transparency in spot Bitcoin and Ethereum ETFs, ensuring reserves are fully collateralized. Chainlink’s PoR solution offers key advantages like automated on-chain logic based on ETF collateralization. Amid the growing demand for spot Bitcoin and Ethereum ETFs, investors are calling for greater transparency into the backing…
Ethereum (ETH), the second largest cryptocurrency, has failed to reclaim the $3,000 price mark since early August. However, things could begin looking positive for the asset once again. An analyst from the blockchain analytics platform CryptoQuant has shared a chart explaining how a continued cash inflow into the Ethereum futures market could elevate the biggest…
Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The…
Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July. Grayscale’s ETHE recorded a significant $80.55 million outflow on the same day. Spot Bitcoin ETFs had modest inflows of $4.56 million, led by Fidelity’s FBTC. On Monday, US spot Ethereum ETFs experienced their largest daily outflows since late July,…
Only 10% to 20% of financial advisors admitted to owning crypto in their portfolios Now, roughly, 70% indicated they did The approval of Bitcoin ETFs and the Fed’s rate cut are bullish signals that may have changed that In a client memo, Bitwise’s CIO said that a “wave of the most powerful people in finance…
The two largest Grayscale funds operating on US stock exchanges – GBTC and ETHE – saw substantial net outflows on Monday. Nevertheless, the prices of the underlying assets have remained stable and even managed to record some minor gains in the past 24 hours. Ethereum ETFs in Bad Shape CryptoPotato has repeatedly reported the lack…
It was a big week for financial markets and the global economy as the central bank of the world’s strongest economy pivoted from its monetary policy and reduced the key interest rates by 0.5%. As such, it’s worth reviewing how local investors behaved when it comes down to their interactions with spot Bitcoin and Ethereum…
The US Spot Ethereum ETF saw a $5.24 million inflow, primarily from Blackrock. Ethereum’s price of $2,542.80 indicates strong market sentiment. Ethereum itself is witnessing a bullish trend, with large wallet transfers and increased trading volumes. As of September 19, the US Spot Ethereum ETF has shown significant movement, with a daily net inflow of…
The cryptocurrency market saw some long-time coming revival after the United States Federal Reserve cut the interest rates on Wednesday for the first time in about four years. The two largest digital assets went on a run, jumping by roughly 10% in the past few days. BTC Price Rises Amid ETF Inflows The 11 spot…
In the days ahead of the highly anticipated US FOMC meeting, when the central bank was expected to lower the interest rates, local investors were on a shopping spree for spot Bitcoin ETFs. However, that changed when the day arrived. Bitcoin ETF Outflows CryptoPotato reported yesterday the impressive streak for the four trading days leading…
The United States Federal Reserve will meet on September 18 and 19 to discuss whether it will follow the example set by other central banks, such as the ECB, and start lowering the key interest rates after years of hiking. This is a particularly intriguing event for all financial markets, but especially crypto, given its…
Este artículo también está disponible en español. BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into…
Bitcoin’s two-week-long negative streak came to an end on Monday, while the net inflows for the past five-day trading period skyrocketed to over $400 million. The same cannot be said for the spot Ethereum ETFs, as the products continue to bleed out and see little to no actual demand. Spot BTC ETFs Back on Track…
The Ethereum price underwent a 20% pullback in the past couple of weeks as the bulls failed to hold the levels above $2,700. Although they have confirmed a rebound from the lower support zone, the bearish influence over the token does not appear to have faded yet. Therefore, the second-largest token is expected to face…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The US spot Bitcoin ETF market has seen a strong resurgence, ending an eight-day streak of negative flows. According to data provided by SoSoValue, the total daily inflows recorded is $117 million. Spot Bitcoin ETF Inflow – Fidelity Leads The standout performer among the ETFs was Fidelity’s FBTC, with…
The crypto ETFs are changing the way investors can interact with an asset. The SEC approved 11 Bitcoin Spot ETFs on January 10, this year. On the other hand, the first Ethereum Spot ETF started trading on July 23. Since then, the ETFs have been witnessing a greater amount of inflows, with some cases of…
The approval of both spot Bitcoin and Ethereum ETFs in the United States was hailed as a major turning point for the mainstream adoption of digital assets and web3 space. However, a few months down the line it is evident that Wall Street funds are more interested in Bitcoin than Ethereum on a larger scale….