Bitcoin ETF Inflows

Market Reacts To Trump’s Crypto Support: Almost $10 Billion Invested In US Bitcoin ETFs

Posted on December 10, 2024 by ante — No Comments ↓

Since Donald Trump became president-elect a little more than a month ago, roughly $10 billion has flooded into US spot Bitcoin ETFs, showing growing optimism that his administration will support the cryptocurrency industry. According to Bloomberg, a dozen funds from big issuers including BlackRock and Fidelity Investments have received around $9.9 billion in net inflows… Continue reading Market Reacts To Trump’s Crypto Support: Almost $10 Billion Invested In US Bitcoin ETFs→

Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today

Posted on October 31, 2024 by ante — No Comments ↓

US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March. This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Republican candidate Donald… Continue reading Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today→

Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak

Posted on October 30, 2024 by ante — No Comments ↓

As Bitcoin (BTC), the largest cryptocurrency by market capitalization, inches closer to its all-time high of $73,700 reached in March, the US spot Bitcoin ETF market has re-emerged as a key driver of the cryptocurrency’s recent price surge. On Tuesday, total trading volume for spot Bitcoin ETFs surpassed $3 billion, coinciding with Bitcoin’s price briefly… Continue reading Record-Breaking Day: Spot Bitcoin ETF Trading Exceeds $3 Billion As BTC Eyes Record Peak→

Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon?

Posted on October 18, 2024 by ante — No Comments ↓

Bitcoin is holding strong above $67,000 after setting a new local high of around $68,300, fueling excitement among investors. This bullish momentum is driven by price action and supported by key market data signaling a potential uptrend continuation. Daan, a top crypto analyst, shared crucial insights showing that Bitcoin ETFs have been buying heavily for… Continue reading Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon?→

Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows

Posted on August 17, 2024 by ante — No Comments ↓

The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in… Continue reading Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows→

Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January

Posted on August 2, 2024 by ante — No Comments ↓

Regulated spot Bitcoin ETFs (exchange-traded funds) in the United States have seen a resurgence in inflows following significant selling pressure over the past two months that sent the largest cryptocurrency on the market to a 6-month low of $53,500 on July 5. Bitcoin ETFs And Institutions Now Control 9% Of Total Supply Data from analytics… Continue reading Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January→

Bitcoin ETFs Added To Michigan State Pension Fund With $6.6 Million Allocation

Posted on July 27, 2024 by ante — No Comments ↓

The approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) in January 2023 has opened the floodgates for significant institutional investment in the newly approved market. However, US states are also rushing to capitalize on the success of these ETFs by allocating a portion of their pension funds to reap profits and diversify… Continue reading Bitcoin ETFs Added To Michigan State Pension Fund With $6.6 Million Allocation→

Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers

Posted on June 13, 2024 by ante — No Comments ↓

Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs). Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows In its latest weekly report, the analytics firm US spot ETFs have failed to make the price break its sideways trend. The spot ETFs, which… Continue reading Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers→

Bullish Outlook: Target Price Of $90,000 For Bitcoin By Year’s End, According To Bernstein

Posted on May 29, 2024 by ante — No Comments ↓

Bitcoin (BTC), the largest cryptocurrency in the market, has experienced price volatility amid its struggle to consolidate above the crucial $70,000 resistance line. Recent reports of the collapsed Mt.Gox exchange processing payouts to its creditors have added to the cautious sentiment. However, wealth management firm Bernstein remains bullish, predicting significant growth in the Bitcoin ETF… Continue reading Bullish Outlook: Target Price Of $90,000 For Bitcoin By Year’s End, According To Bernstein→

Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000

Posted on May 21, 2024 by ante — No Comments ↓

After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has broken above the key $66,000 resistance level and turned it into a new support zone. BTC Bounces Back… Continue reading Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000→