Bitcoin ETFs end three-day skid with $254M inflow

October 12, 2024 Coin Telegraph

Bitcoin ETFs end three-day skid with 4M inflow

ARKB

The $254 million inflow day was the third-largest ever on days when BlackRock’s IBIT failed to contribute.

United States-based spot Bitcoin exchange-traded funds tallied $253.6 million in net inflows on Oct. 11 — breaking three consecutive trading days of outflows.

The Fidelity Wise Origin Bitcoin Fund led all with a net inflow of $117.1 million, while the ARK 21Shares Bitcoin ETF saw $97.6 million, Farside Investors data shows.

The Bitwise Bitcoin ETF raked in $38.8 million — its largest in 11 trading days — while the Invesco Galaxy and VanEck Bitcoin ETFs saw inflows too.

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‘No clear catalyst’ for bloodbath as top altcoins fall double digits

June 18, 2024 Coin Telegraph

10xResearch

Crypto market analysts suggest the altcoin stumble may be tied to a recent spate of spot Bitcoin ETF outflows.

Crypto markets tumbled into a sea of red on Monday as some altcoins bled more than 10%, with an industry analyst telling Cointelegraph that there’s “no clear catalyst” to explain why.

The crypto market cap has fallen to $2.46 trillion, down 3.5% over the last 24 hours. Shiba Inu (SHIB) and Avalanche (AVAX) have been the hardest hit altcoins among the top 20 by market cap on June 17, falling 12.7% and 10.6% during the day, CoinGecko data shows.

Uniswap (UNI) and Dogecoin (DOGE) also saw a double-digit drop, while Solana’s (SOL) dipped 9.4%. Ripple’s XRP (XRP) was the only non-stablecoin not in the red, though it only saw a minor 0.1% increase.

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Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows

June 5, 2024 Coin Telegraph

Bears rekt: Bitcoin ETFs see runner-up record day with 7M inflows

Bitcoin ETF Flows

Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day, according to preliminary data.

United States-based spot Bitcoin exchange-traded funds (ETFs) saw their second-best-ever joint net inflow day of $886.6 million, according to preliminary data.

The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the largest inflow at $378.7 million, while BlackRock’s iShares Bitcoin Trust (IBIT) was second with $274.4 million, according to early data from Farside Investors.

The ARK 21Shares Bitcoin ETF (ARKB) was the third-best performer with $138.7 million in net inflows, Farside data shows.

Bitcoin ETF Flows