Weekly digital asset inflows reach $901M, totaling $27B in 2024
According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment.This post was originally published on this site
Spot Crypto ETFs: Big Gains for Some, Losses for Others—Here’s the Full Breakdown
On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading. Crypto ETF Inflows Jump The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ETFs, sosovalue.xyz data shows inflows totaled $188.11 million, with Blackrock’s IBIT taking the lead, capturing $165.54 million. […]
Bitcoin ETFs See Huge Turnaround—Find Out Which Fund Led the Charge
The 12 U.S. spot bitcoin exchange-traded funds (ETFs) enjoyed a $192.31 million boost on Wednesday, bouncing back from a rough Tuesday. Even the nine ether funds joined in the fun, seeing some modest gains during the day’s trading. U.S. Crypto ETFs Bounce Back On Oct. 23, 2024, U.S. spot bitcoin ETFs saw inflows of $192.31 […]
Ether ETFs Snag Gains While Bitcoin Funds Realize $79M in Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) hit a bump in the road on Tuesday, recording $79.09 million in net outflows. Meanwhile, ether ETFs turned things around, bringing in $11.94 million in net gains. Tuesday’s Crypto ETF Action The 12 spot bitcoin ETFs struggled, shedding $79.09 million overall. However, three ETFs saw a bit of sunshine. […]
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased leverage for crypto trading. Tamaki believes these changes […]
JPMorgan: We Are Bullish on Digital Assets Into 2025
Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge in digital assets. With major liquidations behind and institutional support increasing, JPMorgan sees strong momentum for […]
Bitcoin ETF Inflows Climb While Ethereum Funds Face a Day of Losses
Based on the latest figures from Tuesday’s exchange-traded fund (ETF) trading sessions, the 12 spot bitcoin ETFs experienced another day of positive inflows, totaling $371.02 million. In contrast, the nine ethereum-based ETFs recorded outflows, with $12.7 million exiting the ether funds. Bitcoin ETFs Pull in $371M While Ethereum Funds Drop by $12.7M On Tuesday, Blackrock’s […]
‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind
Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder on the sidelines.” He predicted: “As […]
Bitcoin ETFs See Biggest Daily Inflow Since June—Find Out Which Funds Led the Pack
Fresh data reveals that the 12 U.S. spot bitcoin ETFs had their best day in four months, raking in $555.86 million in gains. Meanwhile, the nine spot ether ETFs also enjoyed a good Monday, pulling in $17.07 million in positive inflows. Bitcoin ETF Inflows Skyrocket While Ether Funds Capture Modest Gains The 12 bitcoin ETFs […]
Thai SEC floats allowing crypto products in mutual, private funds
Thailand’s high-net-worth investors will get more access to crypto funds than retail investors under the proposed changes. This post was originally published on this site