By admin Ethereum gained 3.88 percent to reach $2,433.83 over the past 24 hours, outperforming the broader cryptocurrency market rally. This strength stems primarily from sustained institutional inflows into spot Ethereum ETFs. Notably, Ethereum now shows a strong correlation of 0.93777 with Gold, suggesting that macro driven inflation hedge positioning is influencing investor behavior. The […]
Tag: ETF
By admin United States spot Bitcoin exchange traded funds recently experienced a significant influx of capital. In a single trading session, these funds saw approximately $411 million in net inflows. This movement sharply reversed previous outflows of $291 million and signals a robust return of institutional demand. The resurgence involves major issuers like BlackRock turning […]
Key highlights: The gold price is stuck between $4,640 support and $4,750 resistance, with a trader calling for buys near $4,700. Swiss bank UBP predicts the gold price will hit $6,000 by year‑end. Gold ETFs just saw record outflows as investors pull money from paper gold. The gold price is stuck in a messy spot […]