Bitcoin ETFs see smallest net inflow on record, Grayscale mini BTC positive

Bitcoin ETFs see smallest net inflow on record, Grayscale mini BTC positive
фото показано с : cryptoslate.com

2024-8-1 12:46

Quick Take

Farside data reveals that Bitcoin exchange-traded funds (ETFs) experienced a minimal net inflow of just $0.3 million, marking the most negligible net inflow since these ETFs began trading on Jan. 11. BlackRock’s IBIT continued to attract investments with a $21.0 million inflow. However, three out of the top four issuers faced outflows once again: Fidelity’s FBTC recorded a $31.6 million outflow, Bitwise’s BITB saw a $2.5 million outflow, and ARK’s ARKB had a $4.6 million outflow.

A notable development came from Grayscale, GBTC, which experienced no outflows. July 31 marked the inaugural trading day for Grayscale’s new mini trust BTC, which attracted an $18.0 million inflow; the fund was initially provided with 10% of GBTC’s Bitcoin assets. This mini trust launched with the lowest fees among all ETFs at just 15 basis points and saw $27 million in trading volume, ranking it sixth among ETFs in volume traded according to Soso Value. Overall, ETF inflows have reached $17.7 billion.

Bitcoin ETF Flow Table: (Source: Farside)

In contrast, Ethereum ETFs continued to see outflows totaling $77.2 million on July 31. Grayscale’s ETHE contributed significantly with an additional $133.3 million outflow, bringing its total outflows to $2.0 billion. Inflows remain muted, with total outflows now amounting to $483.6 million.

Ethereum ETF Flow Table: (Source: Farside)

The post Bitcoin ETFs see smallest net inflow on record, Grayscale mini BTC positive appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69039.5 (-1.59%)
Объем 24H $42.11b
Изменеия 24h: -4.43 %, 7d: 1.62 %
Cегодня L: $69039.5 - H: $70373.22
Капитализация $1365.329b Rank 1
Цена в час новости $ 64426.19 (7.16%)

inflow etfs bitcoin million marking minimal trading

Источник: cryptoslate.com

inflow etfs → Результатов: 97


Фото:

Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years

Bloomberg analysts have revised previous inflow predictions for Hong Kong’s newly approved Bitcoin and Ethereum exchange-traded funds (ETFs) to $1 billion within the first two years. Bloomberg senior ETF analyst Eric Balchunas had previously estimated the funds to garner roughly $500 million in inflows over a similar period due to doubts over Chinese investor eligibility […] The post Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years appeared first on CryptoSlate.

2024-4-17 19:30


Bitcoin Crash Triggered By Failed $1 Billion Hedge Fund Spread Trade: Expert

The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter than expected inflation data and a relatively weak inflow day for the spot ETFs yesterday.

2024-3-16 15:50


CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs

In a recently published report by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price.   The report addresses the critical question of how much inflow into ETFs could be anticipated upon launching a Bitcoin spot ETF in the US and the potential impact of these flows on the Bitcoin Price.

2023-11-18 01:00


Фото:

Inflows into crypto investment products reach highest level in 15 months

Inflows into crypto investment products rose to a 15-month high amid the recent optimism surrounding the anticipated approval spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U. S. In its latest weekly report, CoinShares revealed that crypto investment products recorded an inflow of $326 million last week, its largest since July 2022.

2023-10-31 20:50


Bitcoin Could See $14,400,000,000 Inflow From ETF Approvals, Report Highlights How High BTC Could Go

In a recent tweet, financial analyst Alex Thorn set the crypto community abuzz with his predictions about the potential impact of Bitcoin exchange-traded funds (ETFs) in the United States. Thorn’s insights, though not definitive, offer a thought-provoking perspective on the ripple effect that these investment vehicles could have on the world’s leading cryptocurrency.

2023-10-25 11:30


Ethereum futures ETFs launch to tepid demand; Bitcoin and Solana remain favored investment products

Ethereum (ETH) investment products struggled to record notable inflow despite the recent launch of several Ether futures-based exchange-traded funds (ETF) last week. According to CoinShares’ latest weekly report, these ETFs’ attraction of a meager sum of $10 million underscores the “tepid appetite” for Ethereum among investors.

2023-10-10 18:10


Фото:

Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan

The rise of bitcoin is hurting the gold market and may continue to do so for many years to come as institutional adoption grows, according to JPMorgan Chase & Co strategists. Led by Nikolaos Panigirtzoglou, the strategists noted the declining inflow of funds allocated to gold exchange-traded funds (ETFs) since October, as flows into bitcoin […] The post Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan appeared first on Bitcoin News.

2020-12-11 02:30


дальше еще 48 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru