Tag Archives: etf

ETF Hopes Propel Litecoin 12% Higher, Bullish Predictions On The Cards

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Following its price increase of more than 12% in the past week to roughly $71.50 on October 16, Litecoin (LTC) is attracting more and more interest. The action followed growing buzz about a planned Litecoin exchange-traded fund (ETF) proposal by Canary Capital Group. Investors are excited, since this ETF may provide a more direct method… Continue reading ETF Hopes Propel Litecoin 12% Higher, Bullish Predictions On The Cards→

Bitcoin Breaks Past $67,000 After Spot ETFs See Highest Capital Inflows In Months

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As the broader crypto market starts to rebound, Bitcoin is once more in the forefront and crosses the $67,000 barrier. Bitcoin is trading roughly $67,150 as of October 16, a good 4% increase in just 24 hours. Given that it represents the crypto’s highest price point since late July, this spike is notable. The recent… Continue reading Bitcoin Breaks Past $67,000 After Spot ETFs See Highest Capital Inflows In Months→

Brace For Impact: XRP Primed For Massive ‘Explosion,’ Analyst Says After Key Break

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Price movement of XRP has been slow recently; it stays about $0.53 and shows a 7% drop over the previous month. Many investors are becoming frustrated as they see the altcoin stagnating after a bit of an increase recently. Despite the weak performance, technical analysts are starting to see possible signals of a major change… Continue reading Brace For Impact: XRP Primed For Massive ‘Explosion,’ Analyst Says After Key Break→

XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?

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Ripple’s XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What’s Different About XRP Price Action? While the top two cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have been down 1.5% and 2.3% over the past week, XRP has… Continue reading XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?→

US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi

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Since their approval in January 2024, Spot Bitcoin ETFs have been steadily gaining traction in the United States, with the issuers buying hundreds of thousands of BTC as their popularity spread. This has led to a large stash of BTC by these issuers as BlackRock leads the charge. Given their buying spree so far, the… Continue reading US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi→

Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

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Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The… Continue reading Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?→

Ripple Moves 150 Million XRP, Fueling An 11% Price Surge

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With a huge 150 million XRP transfer to an unknown wallet, Ripple Labs has rocked the crypto scene. Based on on-chain tracker Whale Alert, the transaction—worth more than $85 million—has left many in the crypto community guessing about Ripple’s gameplan. Ripple has been sending XRP into this wallet before, which begs questions about what the… Continue reading Ripple Moves 150 Million XRP, Fueling An 11% Price Surge→

Investors Pull Back: $528 Million Vanishes From Crypto Funds Amid Economic Fear

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The global economic market has now so far shown increasing signs of instability which appears to have impacted the overall crypto investment sector negatively. Recent data from CoinShares has revealed a reversal in the flow of funds, with crypto investment products experiencing significant weekly outflows. As reported by CoinShares, this outflow marks the first time… Continue reading Investors Pull Back: $528 Million Vanishes From Crypto Funds Amid Economic Fear→

Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash

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Pseudonymous trader and analyst Roman has made a bold prediction regarding the ETH price, suggesting that investors should lower their short-term expectations. This comes amid a drop in the hype around the Spot Ethereum ETFs, with these funds currently suffering significant outflows.  What To Expect From The ETH Price Roman mentioned during an interview with… Continue reading Analyst Says ETH Price Will Struggle As Spot Ethereum ETFs Expectations Crash→

Why Is ETH Price Struggling Despite The Spot Ethereum ETFs Launch?

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Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and… Continue reading Why Is ETH Price Struggling Despite The Spot Ethereum ETFs Launch?→