Category: Inflows
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LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)
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Bitcoin reached a multi-week high yesterday at around $66,600 before being pushed down by around $1,000 but has recovered to the $66,000 level so far. Several altcoins continued their recent rally, with LINK taking the main stage after a massive 18% rally. BTC returns to $66,000 The underlying cryptocurrency had…
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Bitcoin ETFs Record Third Day Of Inflows, Price Tops $66,000
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In another great day for cryptocurrency investments, US-based bitcoin exchange-traded funds (ETFs) saw a significant inflow of capital, totaling $257.3 million on Thursday. This large influx marks the third consecutive day of large-scale investments in these funds, indicating strong interest and returns among both institutional and retail investors in Bitcoin.…
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Crypto gets political, NFTs plummet, ETF inflows surge
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Today’s edition of Weekly Digest: Donald Trump changes direction on cryptocurrency; The NFT market is seeing a decline in trade volume; Exchange-traded funds (ETFs) are seeing a return in inflows. Trump is courting the cryptocurrency community The Republican Party’s 2024 presidential nominee is open Announce Support the crypto industry. In…
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Crypto gets political, NFTs plummet, ETF inflows surge
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Today’s edition of Weekly Digest: Donald Trump changes direction on cryptocurrency; The NFT market is seeing a decline in trade volume; Exchange-traded funds (ETFs) are seeing a return in inflows. Trump is courting the cryptocurrency community The Republican Party’s 2024 presidential nominee is open Announce Support the crypto industry. In…
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Ethereum (ETH) Capital Inflows Pales in Comparison to Bitcoin (BTC)
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During the ongoing cycle, BTC and ETH have seen increasing divergence in their respective performances. According to Glassnode results, this can be attributed to the overall trend of weaker capital turnover, especially compared to previous cycles and all-time high breakouts. Ethereum is receiving weak capital inflows In the run-up to…
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Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows
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The spot bitcoin ETF — GBTC — posted its second straight day of net inflows on Monday, attracting $4 million into the fund. In doing so, GBTC broke a four-month streak of outflows. This follows Friday’s reversal of a 78-day net outflow trend, with an additional $63 million. Since moving…
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All spot Bitcoin ETFs see inflows, analyst doubts dynamics will repeat
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All 11 Bitcoin ETFs saw inflows for the first time since their launch in January. According to Bloomberg analyst Eric Balchunas, such dynamics were recorded on May 3. However, he expressed doubts that such dynamics could happen again. For the first time ever, 1D is flowing green, and there is…
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Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time
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In a somewhat shocking development, Bitcoin Gray Box (GBTC) She recorded her first ever stream after watching Large daily flows Since its launch. Grayscale Bitcoin ETF records inflows of more than $60 million Grayscale’s Spot Bitcoin ETF finally broke its 82-day streak of outflows since its launch on January 11,…