Nearly 50% of U.S. Investors Plan to Invest in Crypto ETFs: Charles Schwab Survey
Crypto was the leading asset class among millennial ETF investors, topping even stocks and bonds, the survey showed.
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Bitcoin ETF
Crypto was the leading asset class among millennial ETF investors, topping even stocks and bonds, the survey showed.
Bitwise announced the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) on Friday, a fund that combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), Bitwise Ethereum Strategy ETF (AETH) and Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP).
Bitcoin and ether outflows from ETFs contribute to this week’s weak crypto price action.
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.
Exploring the unique strategies and competitive landscape of BlackRock’s IBIT vs. MicroStrategy
Bitcoin-linked products led with $284 million of inflows, while their ether equivalents saw outflows of $29 million.
Did the launch of spot crypto ETFs help bring crypto into the mainstream and encourage adoption – particularly by closing the gap between advisors and their clients?
Ether has bounced off its 200-week simple moving average, reinforcing long-term support.
BlackRock’s iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.