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.

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

BlackRock’s spot Ether ETF amasses nearly $900M since launch

August 7, 2024 Coin Telegraph

BlackRock’s spot Ether ETF amasses nearly 0M since launch

Anthony Sassano

BlackRock’s iShares Ethereum Trust has almost hit $900 million in total inflows after just 11 trading days.

BlackRock’s spot Ether exchange-traded fund (ETF) saw $109.9 million in inflows on Aug. 6, bringing its total inflows to $869.8 million since its launch on July 23.

According to Farside Investors, it marked the iShares Ethereum Trust’s (ETHA) third biggest flow day as investors looked to capitalize on Ether’s (ETH) 18% price fall on Aug. 5.

The $870 million in inflows puts BlackRock’s spot Ether ETF in the top six best-performers of all ETFs launched in 2024, according to Nate Geraci, president of The ETF Store.

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Spot Bitcoin ETFs see highest flow day in over 5 weeks

July 13, 2024 Coin Telegraph

Bitwise

The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.

United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5.

BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) saw most of the flows at $120 million and $115.1 million, respectively, Farside Investors data shows.

The Bitwise Bitcoin ETF came in third at $28.4 million, while the Grayscale Bitcoin Trust (GBTC) recorded another rare inflow day at $23 million.

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

‘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.

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

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.

Farside Investors

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