Market analyst and President of the ETF Store Nate Geraci has backed the US-based spot Bitcoin ETFs to overtake the Gold ETFs in terms of cumulative net flows. This projection comes amidst a staggering performance by these Bitcoin ETFs in the past few days where they have attracted over $2 billion in weekly netflows. Spot…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
Este artículo también está disponible en español. Since their approval in January 2024, Spot Bitcoin ETFs have been steadily gaining traction in the United States, with the issuers buying hundreds of thousands of BTC as their popularity spread. This has led to a large stash of BTC by these issuers as BlackRock leads the charge….
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Ark Invest, led by Cathie Wood, recently offloaded 44,609 shares of its spot Bitcoin Exchange Traded (ETF) ARKB from its Next Generation Internet ETF (ARKW). The offloaded shares are valued at $2.8 million. This move marks the latest sales, following a $6.9 million offload, $2.7 million out of its…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 United States spot Bitcoin (BTC) Exchange-Traded Funds (ETFs) recorded net inflows of $186.8 million, marking a four-day streak of positive momentum. According to CoinGlass data, the standout performer among the ETFs was Fidelity’s FBTC, with the highest inflow of $56.6 million. Bitwise’s BITB followed suit with $45.4 million in…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 On September 13th, spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded the highest single-day inflows since July. This slight increase in inflows, with BlackRock’s IBIT remaining relatively stable, signals a rare recovery in the market. This change in market direction comes as market participants anticipate a notable interest…
🚀 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…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a robust $202.51 million in net inflows on Monday, marking the eighth consecutive day of positive movement in the sector. According to data from SoSoValue, the 12 Bitcoin-focused funds collectively attracted a substantial $756 million over the past eight trading days. …
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The cryptocurrency sector is witnessing a significant shift as institutional investors move towards crypto exchange-traded funds (ETFs). A recent development comes from Bitwise Asset Management, whose Bitcoin BTC) and Ethereum (ETH) ETFs have attracted a surge of capital from a large Registered Investment Advisor (RIA). Interestingly, this influx of institutional…