By Jordan Lyanchev The spot exchange-traded funds tracking the performance of the largest cryptocurrency by market cap turned red once again in the past five trading days, with just one day recording more net inflows than outflows. Although the ETH ETFs broke a five-week green streak, their net withdrawals were significantly less violent than those […]
Tag: GBTC
By Chayanika Deka Another push above $65,000 failed to hold on Tuesday, sending Bitcoin back below $64,000. The crypto asset was down more than 1.6% over the past day. Against this backdrop, large BTC wallets are back at levels not seen in months. Meanwhile, smaller holders are steadily losing ground. Elite Wallets Are Moving Up […]
Key highlights: Bitcoin ETFs have attracted $818 million in inflows in seven consecutive trading sessions. BlackRock’s IBIT is spearheading the inflows, pulling in nearly $200 million in the last week. Rising BTC prices and capital rotation from US equities are powering the ETF inflows. US spot Bitcoin exchange-traded funds (ETFs) have undergone a stellar week, […]