The negative sentiment was driven by post-liquidity cascade volatility and uncertainty over a U.S. rate cut, James Butterfill said.
Bitcoin ETF outflows show institutions are trimming risk, not abandoning crypto, as trading stays off-chain and liquidity begins to improve.
Meanwhile, the recently-launched U.S. spot Solana ETFs have logged their ninth straight trading day of net positive inflows.
U.S. bitcoin ETFs record $240 million in inflows as market sentiment faces pressure from the ongoing government shutdown.
Thursday's inflows brought an end to a six-day streak of outflows, during which a total of $2.05 billion exited the ETFs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
However, one analyst said the bullish structure for the crypto market still stands despite the largely negative sentiment.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Investors interpreted Fed Chair Powell's remarks on the likelihood of December rate cuts as hawkish, Head of Research James Butterfill said.
Spot Bitcoin and Ethereum ETFs also saw net positive inflows over the month of October, on significantly elevated trading volume.
Grayscale's new U.S. spot Solana ETF, GSOL, registered $1.4 million in net inflows on its Oct. 29 trading debut.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As October draws to a close, optimism around Bitcoin price prediction 2025 is heating up. With BTC reclaiming key technical levels and macro events aligning in the final week of the month, November could emerge as the ignition point for a major bullish phase across crypto markets led by Bitcoin’s resurgence. Macro Triggers Align for …
Bitcoin investment products bounced back to add $931 million, while Ethereum funds slipped to $169 million in net outflows.
After months of steady gains, BTC is slipping below key cost-basis levels as long-term holders sell into strength and traders retreat to defensive derivatives.
There are 155 cryptocurrency-based ETP filings tracking 35 different digital assets, according to Bloomberg analysts.
One analyst pointed out that investors are looking for risk-adjusted investment opportunities as an alternative for gold.
Spot bitcoin ETFs in the US recorded $40.5 million in net outflows yesterday amid a broad recovery in crypto market prices.
Bitcoin was the primary focus, while investors saw Ethereum price weakness as a buying opportunity, Head of Research James Butterfill said.
The Financial Conduct Authority, the UK's financial regulator, officially lifted a four-year retail ban on crypto ETNs earlier this month.
US bitcoin ETFs saw $1.23 billion flow out last week, marking their second-largest weekly outflow since launch.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Thursday's net outflows reflect rising investor risk aversion due to macroeconomic pressures, one analyst said.
The correction in crypto markets, which involved massive liquidations, was likely driven by crypto native investors, according to JPM.
No U.S. spot Bitcoin ETFs generated net inflows on Oct. 15, contrasting just one Ethereum ETF that registered net outflows.
The boom in corporate bitcoin buyers highlights how fast DATs are scaling. But their model is fragile when outperformance depends on premiums, converts, and cheap debt.
This marks a recovery from Monday's total daily net outflow of $755 million that followed a weekend of historic crypto liquidations.
Despite the largest ETF outflow in weeks and a sharp bitcoin price drop, IBIT continues to attract capital.
Analysts said Monday's outflows reflect post-liquidation caution, adding that crypto price volatility will continue in the near term.
Despite the crypto price plunge following Trump's China tariff threats, Friday saw a "paltry" $159 million in outflows, CoinShares said.