Bitcoin investment product inflows topped $1B as BTC rallied to $66K CoinShares report
Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week.
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Investors piled into Bitcoin investment funds and crypto ETPs, with more than $1 billion in inflows over the last week.
NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September.
It aims to bring institutional-grade security to wrapped BTC.
BlackRock, ARK 21Shares and Fidelitys Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively.
Bitcoin has surged past $65,000, boosted by Chinas stimulus measures and stablecoin inflows.
Bitcoin has been the subject of recent media attention, not only due to its price increase above $65,000 but also due to the extraordinary inflows into spot Bitcoin ETFs. These inflows, according to Farside Investors, have reached a remarkable $365 million as of September 26, 2024, which is indicative of the increasing institutional interest in [...]
The post Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally appeared first on Crypto Breaking News.
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The Bitcoin ETF from iShares saw a rough entry into the week, with the asset down by 14%, yet according to market analysis, no one budged.
Crypto ssts hv xprincd dclin, ccording to CoinShrs’ ltst rport indicting shift in invstor sntimnt. For th first tim in month, th crypto mrkt hs sn nt outflow of $528 million, drivn by frs of potntil US rcssion, rising gopoliticl tnsions, nd widsprd sll-offs cross sst clsss. Exchng-trdd products (ETPs) […]
Crypto traders appear to agree that todays market rout is far from over.
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On-chain data shows the XRP whales have been making deposits to exchanges recently, something that could be bearish for the asset’s price. XRP Whales Have Made Several Large Moves In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, several large moves have been spotted on the XRP network during [...]
The post XRP Whales Are Depositing To Exchanges: Price To Drop Further? appeared first on Crypto Breaking News.
While Grayscales spot Ether ETF experienced substantial outflows, other ETFs are showing different trends.
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