Bitcoin ETFs offset April outflows, analysts predict long-term returns

Bitcoin-ETF

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

Wells Fargo puts money in Grayscale Spot Bitcoin ETF

Wells Fargo puts money in Grayscale Spot Bitcoin ETF

Wells Fargo, a leading American bank, has boldly ventured into the world of cryptocurrency by investing in Grayscale’s cutting-edge spot Bitcoin ETF. Banking giant Wells Fargo has made a bold move into the world of cryptocurrency by investing in a Bitcoin ETF from both Grayscale and ProShares. With 37 shares of ProShares Bitcoin Strategy ETF, … Read more

CoinShare: Crypto Investors Waver as Weekly Outflow Hits $206 Million

CoinShare Crypto Investors Waver as Weekly Outflow Hits 206 Million

Amidst the chaotic landscape of fluctuating interest rates and global unrest, crypto investors have pulled out massive amounts of funds from digital asset products for the second consecutive week. With uncertainty looming over traditional financial systems, it seems that the allure of cryptocurrency is only growing stronger. Discovering the latest trends in digital asset investments … Read more

Spot Bitcoin ETF picks up momentum, receives $418 million in net intraday inflows

Spot Bitcoin ETF picks up momentum, receives 418 million in net intraday inflows

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 ETF sees record outflow of $742 million in three days

Bitcoin ETF sees record outflow of 742 million in three days

The Spot Bitcoin ETF sees its largest three-day withdrawals since its launch in January. The recent trend has caused a major stir in the world of cryptocurrency, as it signals a dramatic change in the demand for Bitcoin. In just a matter of days, a whopping $742 million was withdrawn from various ETFs, showing a … Read more