Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares
Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC.
ETFs
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says
Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said.
Fringe to Forefront: the Institutional Embrace of Digital Assets
Bitcoin and other major assets offer unique advantages to investors seeking growth and diversification, says Jason Leibowitz.
What ETF Approval Could Mean for Ethereum
The SEC’s recent decision sets Ethereum up for success in numerous new ways, says Ilan Solot, Senior Global Markets Strategist, Marex Solutions.
Bitcoin ETFs See $65M Net Outflows on Monday, Breaking 19-Day Record Streak
Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.
Bitcoin Bags $2B Inflows, Ether Sees Highest Institutional Buying Since March
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.
TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.