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Breaking records in the world of cryptocurrency, Eric Balchunas, the esteemed Senior ETF Analyst at Bloomberg, revealed that Bitcoin ETFs have witnessed a staggering $1.3 billion influx in May alone. This impressive surge has not only erased the previous month’s negative inflows but has also added a whopping $12.3 billion to the total inflow since … Read more
Breaking records in the world of cryptocurrency, a whopping $11 billion has been invested in U.S. spot Bitcoin ETFs by 937 institutions as of March 31st. Unleashing a wealth of insight, Senior Analyst Vetle Lunde from K33 Research reveals a staggering revelation: a whopping $11.05 billion accounts for a jaw-dropping 18.7% of the entire funds … Read more
The economy is heating up as the Consumer Price Index, the top measure of inflation, skyrockets to 3.4% in April. This unexpected surge has experts buzzing and consumers bracing for impact. But that’s not all – in a wild twist, the price of Bitcoin has also shot up to a staggering $64k in just 24 … Read more
Bitcoin ETFs See Record Influx of $62.09 Million in a Single Day on April 22nd The cryptocurrency market is buzzing with excitement as the Fidelity Bitcoin Spot ETF (FBTC) takes the lead in capital inflows on April 22, according to the experts at SoSo Value. With a whopping $34.83 million added to its balance sheet, … Read more
Bitcoin ETFs Take a Hit: Investors Pull Out $55 Million in a Single Day on April 12 Bitcoin ETFs ahead of halving Friday saw a major shakeup in the world of cryptocurrency, with a whopping $166 million withdrawn from Grayscale’s GBTC, according to data from SoSo Value. This trend of large outflows from GBTC in … Read more
Bitcoin Skyrockets by 4% in Epic Comeback, Inches Closer to Record-Breaking High. After a dip below the $66,000 mark, BTC has made an impressive recovery this week. The driving force behind this resurgence? A whopping $570 million in total net flow in Bitcoin ETFs last week. But the excitement doesn’t stop there. On Thursday and … Read more
Expanding its digital assets portfolio, embattled crypto lending company Genesis has made a bold move by acquiring a staggering $2.1 billion in Bitcoin (BTC). This strategic move comes after the firm sold off a whopping 36 million shares from the renowned Grayscale Bitcoin Trust (GBTC). In a bold move, Genesis has sold a whopping 36 … Read more
Bitcoin ETF Sector Sees Record-Breaking $113 Million Inflows on April 3rd. The financial world is abuzz with excitement as capital inflows surge, pushing past the dreaded red zone. And the top contender leading this influx of funds? None other than Fidelity’s spot Bitcoin ETF, (FBTC), which recorded a whopping $116.6 million. Hot on its heels … Read more
Amidst a sluggish market, spot Bitcoin ETFs have emerged triumphant with a sudden surge as the crypto world rebounds. In a single day, March 26, they have amassed a whopping $418 million in inflows, signaling a promising comeback. The ETF market is riding the wave of Bitcoin’s epic comeback! In just one day, a whopping … Read more
Bitcoin’s tumultuous week has taken a dramatic turn as the five-day streak of outflows, caused by Grayscale’s Spot ETF selling, has been abruptly halted by a staggering $418 million inflow on Tuesday. For an entire week, the Grayscale Bitcoin Spot ETF (GBTC) unleashed a frenzy of massive $BTC sales into the market, while the other … Read more