By Emir Abyazov U.S. spot Bitcoin ETFs have surpassed the $50 billion mark in cumulative capital inflows—the first time in the history of this financial instrument. On July 9, 12 U.S. funds recorded an additional $218 million in inflows, bringing the total to $50.16 billion. Fund flows in the US Bitcoin ETF. Source: Farside Investors […]
Tag: ARKB
By Emir Abyazov Shares of cryptocurrency and stock trading platform eToro (ETOR) finished their first day of public trading up 28.9% after a significant last-minute increase in its IPO. The day before, on May 13, eToro increased its initial public offering to $620 million, pricing its shares above the previously proposed range of $46 to $50 […]
By Emir Abyazov While traditional U.S. financial markets have experienced sharp declines, Bitcoin has shown some long-awaited stability. Last Monday, spot Bitcoin ETFs attracted an impressive $381.4 million in net inflows, the highest daily total since January 30 this year. Movement of funds in the US Bitcoin ETF. Source: Farside Investors Who raised the most? […]