US spot Bitcoin exchange-traded funds had net inflows of $253.6 million on October 11, after a string of three trading days in which they had seen withdrawals. Farside Investors data reveals that the top two bitcoin funds in terms of net inflow were the Fidelity Wise Origin Bitcoin Fund with
South Korea’s Financial Services Commission (FSC) is reconsidering the possibility of lifting its long-term ban on spot exchange-traded funds (ETFs). It further allows institutional accounts on local crypto exchanges. The Virtual Asset Committee will evaluate approving the virtual asset spot ETFs and allowing the corporate virtual asset accounts. Since 2018,
An early Bitcoin investor who made a fortune stockpiling Bitcoin in 2017 before its bull run in 2021 has announced the next Bitcoin-like investment. He believes ETFSwap (ETFS) will perform like Bitcoin (BTC) in 2021 and even deliver “better gains than Ethereum (ETH),” given the several 400,000x predictions the token
In cryptocurrency market, Ethereum ETFs experienced a significant drop on Monday, with a staggering $79 million moving out. This shift highlights a growing trend where enthusiasm is cooling off due to Ethereum’s recent slow pace in rolling out new developments. On the flip side, Fantom (FTM) is buzzing with a
Bitcoin Spot ETFs have seen a surge in activity recently, with daily inflows reaching two-month highs due to an increasing number of investors seeking to capitalize on Bitcoin’s (BTC) price movements through regulated ETFs. Adding to the excitement is ETFSwap (ETFS), a new DeFi project that is currently making waves
Taiwan’s Financial Supervisory Commission (FSC) has announced a new initiative allowing professional investors to invest in foreign virtual asset exchange-traded funds (ETFs) via a re-entrustment method. This decision, detailed in a press release on Monday, aims to diversify investment options and enhance the re-entrustment business of the nation’s securities firms.
With inflows of almost $1.1 billion, the United States spot Bitcoin exchange-traded funds had their best week since July 15-19. According to Farside Investors, the best-performing day since June 4 was on September 27th, when $494.4 million was added. The spot Bitcoin ETFs raised $366 million on September 26th, the
The ETFSwap (ETFS) highly successful presale has finally come to its final stage as both institutional and retail investors scrabble for its low token offer of $0.03846. This final presale stage presents a pivotal opportunity for crypto investors who believe in the decentralized ETF trading model that ETFSwap (ETFS) is
Talk of Ripple ETFs and Solana ETFs has resurfaced as Grayscale prepares to launch a Ripple (XRP) Trust, and Bitwise CIO hints at preparations for Ripple ETFs at the firm. Meanwhile, ETFSwap (ETFS) is fortifying its ETF trading platform to help investors profitably trade the assets when they launch. ETFSwap
Prior to Thursday’s net inflow of $158.21 million, spot bitcoin exchange-traded funds in the US had a net outflow of $52 million. Among yesterday’s inflows, Ark Invest and 21Shares’ ARKB received $81.07 million, the most, according to SoSoValue statistics. Net inflows of $49.88 million were recorded by Fidelity’s FBTC, while
