Old Bitcoin Supply Keeps Moving Into ETFs: Data Shows Three Waves So far

On-chain data shows the Bitcoin spot exchange-traded funds (ETFs) have seen three waves of major inflows from the veteran hands in this cycle so far. Bitcoin Coin Days Destroyed Shot Up Alongside Earlier ETF Net Inflows As explained by CryptoQuant author Maartunn in a newspot ETFs. The spot ETFs refer to investment vehicles that trade… Continue reading Old Bitcoin Supply Keeps Moving Into ETFs: Data Shows Three Waves So far

‘Corporate’ Altcoin Season? Expert Shares How Crypto ETFs, Treasuries Could Change The Market

Bloomberg Exchange-Traded Fund (ETF) analyst James Seyffart shared his perspective on the long-awaited altcoin season and how it may differ from previous cycles following the boom of Digital Asset Treasuries and institutional adoption. Altseason Already Here? In a recent interview with Jay Hamilton from Milk Road, James Seyffart, senior analyst and ETF expert at Bloomberg,… Continue reading ‘Corporate’ Altcoin Season? Expert Shares How Crypto ETFs, Treasuries Could Change The Market

Ethereum Price On The Verge: Banks And State Buy To Push ETH Above $5,500?

Crypto analyst Xanrox has declared that the Ethereum price is on the brink of recording a parabolic rally to $5,500, a new all-time high (ATH). He also outlined factors that could drive the ETH rally to this target.  Ethereum Price Eyes Rally To $5,500 In The Short Term In a TradingView post, Xanrox predicted that… Continue reading Ethereum Price On The Verge: Banks And State Buy To Push ETH Above $5,500?

Bitcoin Spot ETFs Register $2 Billion Inflows As Institutional Demand Surges – Details

The US Bitcoin spot ETFs logged over $2 billion in net inflows last week, marking a three-week streak of positive momentum. Despite a bearish start to June, with $128.81 million in net outflows during the first trading week, investor appetite soon quickly rebounded. This turnaround has resulted in a cumulative $4.63 billion in deposits over… Continue reading Bitcoin Spot ETFs Register $2 Billion Inflows As Institutional Demand Surges – Details

US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles

The spot Bitcoin ETFs (exchange-traded funds) have been in good form over the past few weeks, receiving renewed interest from investors in the United States. This recent spurt of momentum has been a rare bright spark in the crypto market, which has been overwhelmed with investor uncertainty lately. Interestingly, the typically straight line between the… Continue reading US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles

Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over?

Crypto analyst Colin has highlighted the Bitcoin price’s deviation from the Global M2 money supply, raising concerns that the bull run may be over. The analyst quickly addressed concerns, noting how such deviations usually happen at some point but don’t invalidate the macro trend.  Analyst Highlights Bitcoin Price’s Deviation From Global M2 Money Supply In… Continue reading Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over?

BlackRock’s Bitcoin ETF Becomes Fastest Ever To Reach $70 Billion AUM

BlackRock’s iShares Bitcoin Trust (IBIT) has made headlines by amassing a staggering $70 billion in total assets, achieving this milestone faster than any other exchange-traded fund (ETF) in history.  This remarkable feat occurred just 341 days after its launch, according to Bloomberg analyst Eric Balchunas, who noted that IBIT reached this figure five times quicker… Continue reading BlackRock’s Bitcoin ETF Becomes Fastest Ever To Reach $70 Billion AUM

Bitcoin ETFs See $9 Billion Inflows Amid Escalating Shift Away From Gold

Recent trends in the Bitcoin ETFs market reveal a significant shift in investor sentiment, with funds flowing into BTC exchange-traded funds while gold-backed funds experience notable outflows.  Bitcoin ETFs Emerge As Preferred Safe Haven According to a Bloomberg report, US Bitcoin ETFs have attracted over $9 billion in inflows in the past five weeks, primarily… Continue reading Bitcoin ETFs See $9 Billion Inflows Amid Escalating Shift Away From Gold

Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details

By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data… Continue reading Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details

Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support

Bitcoin’s price action has been trapped in a tight range between $84,000 and $82,000 in recent days, with bulls struggling to push upwards. The general market sentiment is one of a cautious nature, and hopes of a quick return above $90,000 are starting to fade. However, a new technical analysis suggests that Bitcoin could be… Continue reading Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support