The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The asset management giant is laying the groundwork for access in response to strong client demand for digital assets, a source said.
Although investors initially reacted cautiously to the "hawkish cut," inflows resumed later in the week, CoinShares' James Butterfill said.
GDLC offers broad exposure to the crypto asset class while focusing on the current market leaders BTC, ETH, SOL, XRP, and ADA.
Ethereum ETFs also saw redemptions, losing $1.89 million, while cryptocurrency prices edged higher.
Lower premiums mean less capacity to buy more bitcoin, with average daily purchases by treasury firms falling to the lowest level since May.
Robert Kiyosaki has brought back his fight against exchange-traded funds, dismissing them as investments for “losers” even as Bitcoin ETFs recorded $552 million in inflows this week. At the same time, the Rich Dad Poor Dad author threw his support behind President Donald Trump’s new executive order, which opens U.S. retirement accounts to crypto and …
Proposed SEC generic listing standards for crypto ETPs could "blow the market wide open," according to Bitwise CIO Matt Hougan.
Weaker-than-expected U.S. data helped sentiment recover amid the increased likelihood of rate cuts, Head of Research James Butterfill noted.
Spot ether (ETH) ETFs are currently enjoying a three-day inflow run.
Kronos Research CIO Vincent Liu said strong inflows indicate renewed confidence among institutional investors.
The world’s largest asset manager is reportedly looking into bringing its highly successful exchange-traded funds onchain.
Crypto ETFs have entered the financial mainstream. The article charts their explosive growth, increasing institutional adoption, and competition with gold as a key asset.
Bitcoin ETFs draw $757 million in flows while ETH ETFs bring in $171.5 million.
Scaled for size, a relatively small amount of flows into Solana could significantly impact prices in the months ahead, Matt Hougan said.
Weaker payroll figures and improving U.S. rate cut prospects failed to bolster sentiment, Head of Research James Butterfill said.
Institutional profit-taking and relatively flat ETF flows are capping bitcoin's price momentum at the moment, one analyst said.
Ahead of this month's FOMC meeting, traders look to the nonfarm payroll data release on Friday, an important inflation indicator.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
September has historically been bitcoin's weakest month, with fresh macro risks threatening a downside squeeze, according to K33.
This comes after Ethereum ETFs outperformed bitcoin ETFs in August, as analysts pointed to a 'rotational shift' toward Ethereum.
Ethereum-based funds led the inflows with another $1.4 billion, while Bitcoin investment products added $748 million.
The SolvBTC-BTC Secure Exchange Rate feed combines exchange rate calculations with real-time proof of reserves, offering a robust on-chain redemption rate.
Gold prices have surged to their highest level since April, nearing the record high of $3,499.
Technical indicators confirm a bearish shift suggested by violation of key price support levels.
August saw $751M exit U.S. Bitcoin ETFs even as Ethereum funds pulled in nearly $4B, underscoring diverging institutional appetites as BTC stalls
Recent data from Bitcoin and gold ETFs revealed a departure from historical trends this month: instead of flows moving in opposite directions as they normally do, both Bitcoin and gold experienced outflows at the same time. This rare correlation speaks volumes about the current macroeconomic environment and shifting investor psychology. Bitcoin outflows didn’t benefit gold, […]
The post Bitcoin outflows aren’t benefiting gold; both assets feel the pressure appeared first on CryptoSlate.
Spot Bitcoin and Ethereum ETFs closed the week on a weak note, as investors pulled funds after the Federal Reserve reported an uptick in core inflation. According to SoSoValue, Ethereum ETFs saw $164.64 million in net outflows on Friday, ending a five-day streak of strong inflows that had brought in more than $1.5 billion. Meanwhile, …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. spot Ethereum ETFs are on track to register over $4 billion in net inflows for August with just one last trading day.