Fidelity has sold Bitcoin tokens worth more than $276 million. The move comes amid a constant decline in the BTC price. The sale of the flagship cryptocurrency has been correlated to the outflow from Spot BTC ETF. Interestingly, Strive and Strategy recently bought the token in large numbers. Bitcoin Sale
Two analysts from Bloomberg are optimistic that many top altcoins ETFs will be approved for trading and have shown 100% confidence in the likelihood of such spot approvals coming before the end of 2025. The analysts, Eric Balchunas and James Seyffart, mentioned on an X post on June 20 that
The CoinShares report reveals that the global crypto investment product generated around $882 million in the last week and has taken the year-to-date inflows to stand at $6.7 billion. However, it is still less than the record of $7.3 billion made at the beginning of February. In the past four
The data from Farside Investors revealed that Bitcoin ETF net flows are estimated at $321.4 million on May 9. Some prominent Bitcoin ETFs, such as IBIT and FBTC, noted flows of $356.2 million and $45 million, respectively. On the other hand, GBTC and BIBT noted outflows of $65.2 million and
The US Spot Bitcoin exchange-traded funds (ETFs) have recently purchased around six times of Bitcoin produced in the past week. The Spot Bitcoin ETFs purchased around 18,644 BTC in the last week, when just 3,150 BTC were mined for that duration, as reported by HODL15Capital. The miners are allowed to
Spot Bitcoin exchange-traded funds (ETFs) recorded a seven-day inflow streak, signaling a potential shift in market sentiment. On Monday, U.S. spot Bitcoin ETFs saw net inflows of $84.17 million, extending their positive momentum. This marks the longest streak of consecutive inflows since January 24. Bitcoin ETF Inflows Continue According to
Bitcoin (BTC) has surged past the $100,000 mark again, driven by significant institutional purchases from U.S. Spot Bitcoin ETFs. The influx of nearly $1 billion over Friday and Monday has helped Bitcoin maintain its upward momentum. This robust buying trend suggests strong institutional confidence in the flagship cryptocurrency, even as
The United States Securities and Exchange Commission (SEC) has approved two groundbreaking crypto exchange-traded funds (ETFs). These include the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. The decision marks the first time ETFs combining spot Bitcoin and Ethereum have received regulatory clearance. SEC has *approved*
Bitcoin (BTC) reached a new all-time high of $99,655.50, edging closer to the $100,000 mark. Although the price slightly dipped to $98,515 today, Bitcoin has posted its largest monthly gain ever, surging over 40.8% in November. This growth reflects increasing optimism in the broader crypto market. Over the past 15
Bitcoin is currently trading at $64,420.02, marking a 2.04% increase in the last 24 hours. Its market capitalization surged to $1.27 trillion, showing a similar 2.04% rise. Meanwhile, the 24-hour trading volume reached $29.24 billion, increasing by 3.52%. This steady price movement highlights a bullish sentiment in the market. Institutional
