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…
Este artículo también está disponible en español. Ethereum (ETH) registered a remarkable performance following Donald Trump’s victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors’ bullish sentiment for the crypto and ETH-based investment products. Related Reading Ethereum ETFs See Third Best-performing…
Following the reveal of its significant Bitcoin ETF holdings, the State of Michigan pension fund has also disclosed a notable $10 million investment in Ethereum ETFs. Indeed, the state has become one of the first to report significant holdings in the ETH investment vehicle. Spot Ethereum ETFs were approved in July of this year, becoming…
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains, pulling in $253.54 million in total on Oct. 11. Fidelity’s…
U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with all 12 funds experiencing outflows totaling $120.76 million. Meanwhile, the nine spot ethereum ETFs saw a different story, pulling in $3.06 million during the trading session. Bitcoin ETFs Tumble, Ether Funds Walk Away Unscathed Thursday proved challenging for bitcoin ETFs, with no gains in…
October 11, 2024 at 04:15 AM GST updated: October 10, 2024 at 02:50 PM 2 mins read News Spot Ethereum ETFs track the actual price of Ethereum but are yet to be approved in major markets like the U.S. Futures-based ETFs speculate on future Ethereum prices but carry complexities such as contract rollovers, adding additional…
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot Crypto ETF Action On Oct. 9, the 12 U.S. spot bitcoin ETFs…
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $18.66 million flow out, with a trading volume hitting $1.35 billion….
October 8, 2024 at 08:50 AM GST updated: October 7, 2024 at 11:36 PM 2 mins read News The Solana blockchain is known for fast transactions and low fees. XRP enhances cross-border transactions, attracting institutional investors with efficient solutions. NEAR offers scalability and low fees, making it ideal for decentralized applications. Bitcoin and Ethereum ETFs…
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day in the red, with $91.76 million flowing out of the funds. However, spot ethereum ETFs showed some resilience, pulling in $14.45 million in fresh inflows on Wednesday. Bitcoin ETFs Experience Outflows as Ethereum ETFs Rise Above On Oct. 2, 2024, the 12 U.S.-based spot bitcoin ETFs…
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post Losses The spotlight was on bitcoin ETFs, which gathered $61.3 million…
U.S. spot bitcoin ETFs enjoyed another day of inflows, bringing in $105.84 million, while spot ether funds also added $43.23 million. Blackrock’s IBIT Leads Bitcoin ETFs, While Grayscale’s Mini Ether Trust Gains the Most Ether Inflows Wednesday marked another active trading session for the 12 spot bitcoin ETFs and the nine spot ether ETFs. The…
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It was a solid day for U.S. spot bitcoin and…
Institutional demand for Ethereum is diminishing, as spot Ethereum ETFs are witnessing considerable outflows, notwithstanding the recent price rebound following the Federal Reserve’s interest rate reductions. Grayscale’s Ethereum ETF has experienced the most substantial decrease, with outflows totaling $80.6 million, signifying diminished interest from institutional investors. Bitcoin ETFs have experienced inflows, signifying a preference for…
According to the latest figures from sosovalue.xyz, spot bitcoin exchange-traded funds (ETFs) pulled in $4.56 million in inflows, while ether ETFs saw a hefty outflow of $79.21 million on Monday. Mixed Day for Crypto ETFs Spot bitcoin ETFs had a positive day on Monday as three funds attracted inflows during the session. Fidelity’s FBTC took…
September 8, 2024 at 10:59 PM GST updated: September 8, 2024 at 11:00 PM 2 mins read News Investors are pulling out from Bitcoin and Ethereum ETFs, this shows that there is little demand for cryptocurrency-based financial products. The total assets under US Bitcoin ETFs management have gone below $50 billion in a month. Ethereum…
Ethereum spot ETFs saw a total net outflow of $5.984 million on September 6, according to Sosovalue data. Liquidity challenges continue for Ethereum ETFs, with a 20% drop in U.S. market depth, as per Sosovalue reports. Recently, Sosovalue reported a total net outflow of $5.984 million in Ethereum spot ETFs. Grayscale’s ETHE ETF experienced a…
September 3, 2024 at 01:15 AM GST updated: September 2, 2024 at 11:49 PM 2 mins read News BlackRock’s iShares Bitcoin Trust leads 2024 with $21B inflows, setting a new benchmark in crypto ETF performance. Ethereum ETFs rise, with iShares Ethereum Trust ETF surpassing $1B in net inflows as of August 2024. Bitcoin’s price volatility…
Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors. Related Reading This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this…
August 28, 2024 at 07:34 AM GST 2 mins read News Ethereum ETFs face outflows of $13.228M, while Bitcoin ETFs see inflows of $203M, highlighting differing market dynamics. Ethereum’s competition from networks like Avalanche and Solana has slowed its ETF growth, unlike Bitcoin, which mainly competes with gold. Despite challenges, Ava Labs’ John Wu expects…
At the end of the day on Friday, U.S. spot bitcoin exchange-traded funds (ETFs) reported a substantial $252 million in net gains. In contrast, ether ETFs continued their downward trend, losing another $5.7 million. Bitcoin ETFs Shine with $252M Inflows; Ether Funds Dip by $5.7M Spot bitcoin ETFs achieved their highest inflow since late July,…
August 24, 2024 at 04:47 PM GST 2 mins read News TRON captures 93% of revenue among top five blockchains, leading in stablecoin payments across key global regions. TRON’s value surged 20% in the past week, showing strong investor confidence and steady price growth. Ethereum faced $458M in ETF outflows since August 15, while TRON…
The launch of spot Ethereum ETFs has yet to live up to the market’s initial optimism, as reflected in their performance over the past few weeks. The Ethereum ETFs’ total on-chain holdings currently stand at approximately 2.81 million ETH, valued at around $7.33 billion, which accounts for about 2.3% of Ethereum’s total supply. Despite these…