Bitcoin ETFs rope in $2.6B investments amid weekly bull run
Investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.This post was originally published on this site
Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus
Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ […]
Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds was Blackrock‘s IBIT, which pulled in $15.82 million in […]
Understanding the Difference Between Spot and Futures Crypto ETFs
This year, the U.S. Securities and Exchange Commission approved 12 spot bitcoin exchange-traded funds (ETFs) and nine spot ether ETFs. Here’s a deep dive into the distinctions between spot and futures crypto asset exchange-traded products (ETPs), offering essential insights for investors navigating the ever-evolving world of crypto investments. Spot vs. Futures: Navigating the Crypto ETF […]
Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days
Around 80% of the past fortnight’s spot Bitcoin ETF trading days have had positive flows, despite Bitcoin seeing sideways price action. This post was originally published on this site
Hong Kong virtual bank Mox Bank launches crypto ETF trading
The Standard Chartered subsidiary says it’s the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers.This post was originally published on this site
Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs
On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves into the implications and insights surrounding this launch, highlighting key factors investors may want to consider. Cryptoquant Analysis Explores Implications […]
Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval
Economist and gold bug Peter Schiff has cautioned that the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could negatively impact spot bitcoin ETFs and bitcoin. Speculation is high that the SEC will approve spot ether ETFs this week, as the securities watchdog faces two impending deadlines. Peter […]