On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows following Grayscale’s Ethereum Trust (ETHE) outpacing gains observed by other funds. According to sosovalue.xyz, the nine ETFs saw $ 152.3 million exit during Thursday’s trading sessions. Grayscale ETHE’s Third Day of Outflows Contributes to $ 178M Negative Net Inflow …
Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $ 9 billion in ether, with about 2.91 million ether secured. Ether ETFs Manage $ 9.25 Billion …
While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $ 44.51 million. Blackrock’s IBIT led with gains of $ 65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $ 3.29 million. While Blackrock Captures Nearly $ 66M, Grayscale Outflows Weigh in Again During …
Based on recent data, after a period of inflows, nine U.S. spot ethereum exchange-traded funds (ETFs) experienced withdrawals totaling $ 133.16 million on Wednesday. The majority of these withdrawals came from Grayscale’s ETHE, which saw a significant $ 326.86 million in outflows on July 24. Wednesday Sees $ 133M Exit U.S. Ethereum …
On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest report from Cryptoquant delves into the implications and insights surrounding this launch, highlighting key factors investors may want to consider. Cryptoquant Analysis Explores Implications […]
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $ 77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $ 71M Following 12 consecutive days of inflows …
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $ 106.78 million in inflows on Tuesday. Blackrock took the lead with $ 266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nearly Half a Billion Exits ETHE The newly introduced ethereum ETFs performed admirably on …
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that a sharp uptick in ethereum price from the ether ETFs could lead […]
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq on Tuesday, featuring a one-year fee waiver of 0.12% for the first […]
Following the Chicago Board Options Exchange’s (Cboe) preparation for five new spot ethereum exchange-traded funds (ETFs) last week, the New York Stock Exchange (NYSE) has confirmed its approval to list the Bitwise and Grayscale ETH ETF. Bloomberg ETF analyst James Seyffart mentioned that he and his colleague Eric Balchunas anticipate the spot ether funds will […]
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […]
The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassnode Report Analyzes Sell-side Forces and ETF Impact on Bitcoin Centralized exchanges and ETF […]
Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will significantly impact ether prices, potentially driving them above $ 5,000 by year-end. Bitwise’s Hougan: Ethereum ETFs to Push Prices Above $ 5,000 …
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $ 422.67 million in inflows on Tuesday, marking the highest single-day inflow since June 5. Blackrock’s IBIT led the pack, pulling in $ 260 million and boosting the fund’s BTC holdings to 322,125.41 BTC, worth over $ 20 billion. Massive Inflows into U.S. Spot Bitcoin …
U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $ 301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $ 117 million. Bitcoin ETFs Attract Inflows as IBIT and ARKB Lead the Charge The week began with seven out of 11 spot …