The U.S. spot Bitcoin exchange-traded funds (ETFs) have recently experienced a sharp reversal in their flow patterns. On December 24, these funds saw $338.4 million in net outflows, marking the fourth consecutive day of outflows, which have now reached $1.52 billion over the past four days. This comes after strong
XRP continues to capture investor interest, driven by whale activity and the introduction of innovative features. In the past 24 hours, whales transferred 60 million XRP, worth over $132 million, between unknown wallets, signaling long-term accumulation. The asset’s price currently stands at $2.25, up 3.54% over the past day. XRP’s
The Nexo 7RCC Spot Bitcoin and Carbon Credit Futures ETF is set to launch soon, following its S-1 amendment submission. Nate Geraci, President of The ETF Store, announced the development on December 21 via social media. This innovative ETF combines 80% Bitcoin and 20% carbon credit futures. It aims to
The crypto market faced significant turmoil as Bitcoin’s price dropped below $95,000 after reaching $100,000. Bitcoin is trading at $98,161.25, marking a notable 5.10% decline in a single day. Bitcoin’s market cap stands at $1.94 trillion. The 24-hour trading volume stands at $130.86 billion, up 17.68% from the previous day.
Ethereum exchange-traded funds (ETFs) could soon experience significant growth with the integration of staking yields according to analysts at Bernstein. This development is expected to appeal particularly to institutional investors, who are increasingly looking for yield-generating assets in a low-interest-rate environment. Bernstein’s report also predicts that staking yields for Ethereum
US spot Bitcoin exchange-traded funds (ETFs) have achieved a historic milestone, surpassing $100 billion in total assets. This comes just ten months after their debut in January, marking one of the fastest fund category launches in history. Twelve spot Bitcoin ETFs, including products from BlackRock Inc. and Fidelity Investments, reached
The United States Commodity Futures Trading Commission (CFTC) has taken a big step toward introducing spot Bitcoin exchange-traded fund (ETF) options. This decision removes a key regulatory barrier, with analysts predicting that these products could soon be available to investors. CFTC’s Announcement On November 15, the CFTC announced that its
Goldman Sachs, one of the world’s largest investment banks, has reported $710 million in (ETF) holdings in its latest filing with the U.S. Securities and Exchange Commission (SEC). This is a significant 70% increase in Bitcoin ETF investments since the previous quarter, reflecting the bank’s growing confidence in the cryptocurrency
Bitcoin (BTC) reached an all-time high today, surging to $77,000. Currently trading around $76,683, BTC has seen a 0.96% increase over the past day, with a trading volume of approximately $51.33 billion. This brings its market capitalization to $1.52 trillion, holding a market cap ratio of 3.38%. The latest rally
The global crypto market cap surged to $2.47 trillion, marking an 8.11% increase in the last 24 hours. Total crypto market volume soared to $165.48 billion, reflecting a significant 95.70% surge in trading activity. DeFi’s share of this volume stood at $6.62 billion, accounting for 4.00% of the total crypto
