Yesterday was the 18th day in a row that U.S. spot bitcoin exchange-traded funds have seen net inflows, the longest run of positive flows since listing. The eleven funds received a combined net of $217.78 million, with the bulk of that sum going to the biggest spot bitcoin ETF by
FOMO erupts in the markets as one highly profitable crypto trader highlights GameStop (GME), Ondo Finance (ONDO) and ETFSwap (ETFS) as three top cryptos programmed to be the next big thing with the potential of creating millionaires in the coming months of the bull run. ETFSwap (ETFS) Is The Next
The cryptocurrency market is buzzing in June 2024 with notable movements from Polkadot, Bitcoin, and the emerging BlockDAG. Polkadot and Bitcoin are currently leading the market with substantial inflows into DOT and Bitcoin Spot ETFs. Amidst these major players, BlockDAG, a new Layer 1 project, is gaining attention with its
Amidst Bitcoin’s price surge beyond $71,000 recently, substantial inflows into the U.S.-based spot Bitcoin ETFs have restarted. Bitcoin exchange-traded funds (ETFs) saw inflows of about $500 million on Wednesday, with Fidelity’s FBTC maintaining the lead. Despite BlackRock’s long-standing dominance in spot Bitcoin ETF inflows, Fidelity’s FBTC has lately overtaken it.
Final approvals for asset managers providing spot Ethereum (ETH) exchange-traded funds (ETFs) on exchanges may be delayed, according to U.S SEC Chair Gary Gensler. While appearing on CNBC on June 5, Gensler hinted that the SEC may be dragging its feet in approving spot Ether ETFs, saying that the following
Spot Solana ETFs face major regulatory obstacles, casting doubt on their near-term prospects. Meanwhile, Notcoin (NOT) showcases the volatility typical of crypto markets. Amidst these dynamics, BlockDAG shines as a beacon of innovation, captivating the crypto community with its recent Keynote 2 launch. This event boosted its presale to an
Established altcoins like Dogwifhat (WIF) and Polkadot (DOT) are already demonstrating strong momentum, with both tokens targeting new all-time highs. Meanwhile, newer entrants like ETFSwap (ETFS) and Notcoin (NOT) are also making significant gains. ETFSwap (ETFS) Leads Market Gains With $2 Million Presale Haul ETFSwap (ETFS) is currently leading the
One of the most prominent American financial advisory firms, Vanguard Group, is under a lot of heat for not supporting Spot Ethereum ETFs. This decision is made in light of the current regulatory changes and the increasing interest in digital assets. Spot Bitcoin ETFs were previously the subject of a
Bitcoin exchange-traded funds (ETFs) worldwide have exceeded 1 million BTC under management, nearly 5% of the largest cryptocurrency’s circulating supply. This signals bullish institutional interest, and mainstream adoption of Bitcoin as an investment asset. Global Bitcoin ETFs and its BTC AUM (Source: The Bold) Signaling a major shift in the
Midway through Wednesday, the spot ether exchange-traded funds (ETFs) established by ChinaAMC, a Chinese fund manager, had a daily influx of almost HK$5 million (US$640,780), a substantial increase. This comes after Tuesday’s record-breaking inflow of HK$3.77 million, the most since the ETF’s launch. Investors are speculating that comparable products might
