Grayscale ETF Records First Day of Inflows Ever

2024-5-4 16:18

GBTC finally delivered value as Bitcoin ETFs saw net inflow of $378 million on Friday

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saw etfs bitcoin inflow million 378 friday

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Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows

Investor interest in spot Bitcoin exchange-traded funds (ETFs) appears to be waning, with outflows totaling $218 million in the past day. According to data from Farside Investors, BlackRock’s IBIT Bitcoin ETF experienced its second consecutive day of zero flows, while Fidelity’s FBTC saw its first daily net outflow, totaling $23 million.

2024-4-26 13:20


Crypto Fever: Bitcoin Smashes Records, Approaching $73,000 Milestone

Bitcoin has set a new record by surpassing $71,000, solidifying its status as the digital counterpart to gold and overtaking the market capitalization of silver. Related Reading: Cloudy Future For Ethereum ETFs – What’s Casting Doubt On Their Fate? Bitcoin A Tad Close To $73K This achievement, occurring with remarkable frequency since early March, saw Bitcoin registering a new all-time high of $72,750 today, marking a 5% daily increase and an 12% gain over the past week.

2024-3-12 09:48


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Gate.io’s Perpetual Contracts More Popular Than Ever

During Bitcoin’s most recent run which saw it break through its previous all-time high, trading volume on leading cryptocurrency exchange, Gate.io, surged during September and October. The Securities and Exchange Commission (SEC) greenlit bitcoin futures ETFs on October 15th, in an industry first that has sent the leading cryptocurrency surging in recent weeks. Last week, […]

2021-10-27 13:28