2023-10-3 00:10 |
Among the more popular of the new ETFs today, VanEck’s Ethereum Strategy ETF (EFUT) traded just shy of 25,000 shares at a price roughly averaging $17 per share. origin »
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BlackRock crypto ETFs earn $260M, with $218M from Bitcoin and $42M from Ether products. Bitcoin ETF nears $85B AUM, holding 57. 5% of US spot Bitcoin ETF market share. ETF inflows may fuel Bitcoin rallies; inclusion in 401(k)s could push BTC toward $200K.
The latest inflows have pushed year-to-date figures to $7. 5 billion. Bitcoin-related products continued to attract the most capital, with $557 million in inflows. Total assets under management across crypto investment products stood at $172.
Bitcoin's price has now corrected approximately 6% since the all-time high break on Nov. 13.
Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.
Bitcoin and ether ETF inflows soared on one of the biggest days in the BTC's history.
If Vice President Kamala Harris beats Donald Trump in the U.S. presidential election, that could be good for Ethereum, though crypto is in good shape either way, Bitwise's Matt Hougan says.
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).