By Jordan Lyanchev In a sudden but very impactful change in investor behavior, the spot exchange-traded funds tracking the largest cryptocurrency attracted almost $2 billion in fresh funds in the past five business days alone. The Ethereum counterparts also set a multi-month peak, gaining nearly $700 million within the same timeframe. Spot BTC ETFs Attract […]
Tag: ETF
By admin The total cryptocurrency market capitalization experienced a 1.06% decline over the last 24 hours, settling at $2.61T. This downward movement stems primarily from a Bitcoin led pullback following a powerful weekly rally. The asset class currently demonstrates a strong 94% correlation with Gold over the past week. This statistical relationship indicates a shared […]
By Jordan Lyanchev Bitcoin is on a roll, as we might have mentioned a few times in the past couple of days. But let’s recap quickly: BTC traded below $65,000 for weeks when all hell broke loose on Wednesday afternoon. Since then, the asset has skyrocketed by 25% and neared $80,000 earlier today for the […]