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Bitcoin ETFs take a tumble as $217 million flows out of the market on April 25th, leaving investors seeing red. Funds have been at a standstill in the world of ETFs, with five major players failing to see any movement. Among them is BlackRock’s iShares Bitcoin Trust ETF (IBIT), which has been stagnant for two … 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
Ever since its debut in January, the introduction of spot Bitcoin ETFs has sent shockwaves through the market, causing major ripples in the crypto world. This groundbreaking development has left even the biggest players, like Grayscale, scrambling to adapt to the new landscape. Once a dominant force in the world of cryptocurrency, Grayscale’s Bitcoin Trust … Read more
Bitcoin reigns supreme in the world of cryptocurrencies, soaring to a three-year high fueled by a surge of interest in U.S. ETFs. According to CoinMarketCap, they make up a staggering 55% of the $2.4 trillion market. This is a level we haven’t seen since April 2021. And leading the pack is the king of all … 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Bitcoin ETFs ahead of halving Friday saw a major shakeup in the world of cryptocurrency, with a whopping $166 million withdrawn from Grayscale’s GBTC, according to data from SoSo Value.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
Breaking records and defying market trends, Bitcoin ETF trading volumes skyrocketed to a whopping $200 billion on April 8th. Even with a dip in Grayscale’s GBTC and a shift in market dominance, the all-time high proves the unstoppable force of this cryptocurrency. The once-hyped Grayscale’s Bitcoin ETF has taken a major hit, losing a staggering … Read more
Breaking records once again, Bitcoin ETFs experienced a remarkable surge of $203 million in net inflow on Friday, April 6th. This impressive streak has now stretched over four consecutive days, cementing the popularity of these exchange-traded funds. SoSoValue has just reported that Grayscale’s GBTC ETF experienced a significant drop in net assets, losing a whopping … 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
Monday’s market for bitcoin was a rollercoaster ride, with a staggering 4.5% dip before prices eventually recovered. But as Tuesday dawned, things took a turn for the worse. The burning question on everyone’s mind now is: will bitcoin make a comeback from its current level, or will the market present a golden opportunity for buyers … Read more
The latest acquisition has given their reserves a major boost just in time for the highly anticipated Bitcoin halving. And get this, their treasury now holds over 75,000 Bitcoins, all purchased at an average price of $30,305. Tether has ramped up its Bitcoin reserves, now reaching a staggering $5.3 billion. And that’s not all – … Read more