Bitcoin ETFs Draw $608M as Ether ETFs See Largest Inflow Since October
4 Articles
4 Articles
Bitcoin, Ether ETFs Pull in $827 Million as Crypto Rally Spreads
Bitcoin ETFs attracted $606.29 million on Thursday, their strongest session of the week, while ether funds added $220.77 million. Solana, XRP and HYPE ETFs also finished in positive territory as the crypto rally spread across the fund market. Demand Surges as Bitcoin ETFs Add $606.29M The ETF market caught another wave of the crypto rally […]
Bitcoin’s advance to USD $80,000 coincided with an improvement in flows to the ETF spot and with the announcement of greater repurchases of US Treasury debt. Bernstein believes that these factors could favor the market, although they do not alone prove the cause of the movement. *** Bernstein analysts noted as plausible catalyst the US Treasury’s announcement to raise at least US$4 billion its repurchases of long-term bonds per operation, starti…
Bitcoin, Ether ETFs Pull $826M as IBIT Takes $503M
U.S.-listed crypto ETFs recorded another major inflow session on August 20, with Bitcoin and Ether products absorbing a combined $825.8 million as BlackRock accounted for most of the new capital entering both categories. Spot Bitcoin ETFs attracted $606.3 million, according to Farside Investors, extending their inflow streak to four consecutive trading sessions. BlackRock’s iShares Bitcoin Trust, IBIT, dominated with $503 million, representing a…
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