Spot Bitcoin and Ethereum ETFs experience joint outflow day

2024-10-9 11:00

Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation. According to data from SoSoValue, the 12…

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spot etfs day bitcoin logging outflows suit

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

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 could see further decline from here, according to an analysis from Matrixport.

2024-7-27 20:30


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2023-7-19 19:12


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Former SEC chair Jay Clayton suggested during a CNBC interview on July 10 that regulators could soon feel compelled to approve a spot Bitcoin ETF. Clayton explained that the U.S. Securities and Exchange Commission (SEC) has previously chosen to reject spot Bitcoin ETFs while approving futures Bitcoin ETFs based on the latter’s surveillance sharing agreements […] The post Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says appeared first on CryptoSlate.

2023-7-11 01:10