Morgan Stanley’s Bitcoin ETF gains traction as BlackRock’s IBIT loses $167 million in weekly flows

Morgan Stanley’s Bitcoin ETF gains traction as BlackRock’s IBIT loses $167 million in weekly flows

Morgan Stanley Bitcoin Trust (MSBT) has outshined BlackRock’s iShares Bitcoin Trust (IBIT) since the beginning of this week until April 30. Morgan Stanley’s MSBT has attracted a total of $10.81 million during this period, according to data from SoSoValue. On Monday and Tuesday, MSBT posted zero total cash flow, thus holding Bitcoin (BTC) worth approximately $197.7 million at press time. MSBT daily flow. Source: SoSoValue In contrast, BlackRock’s…

Ethereum ETF Outflows Hit $87.8M As BlackRock Leads The Exit

Spot Ethereum ETFs took another hit after U.S. funds recorded $87.8 million in net outflows on Apr. 29, according to Farside Investors. The move added fresh pressure to ETH at a moment when the token was already struggling to hold momentum above the $2,300 area. BlackRock led the daily exit. Farside data shows $37.1 million leaving ETHA and another $2.3 million leaving ETHB, putting BlackRock’s combined Ethereum ETF outflow at $39.4 million. Fid…

CoinStats - US Spot Bitcoin ETFs Bleed for Third Day in a...

The post US Spot Bitcoin ETFs Bleed for Third Day in a Row, $490 Million Gone appeared first on Coinpedia Fintech News U.S. spot Bitcoin ETFs have now recorded their third straight day of outflows, with total withdrawals crossing $490 million. Following this selling pressure, Bitcoin price dropped 3% after the Federal Reserve kept interest rates unchanged, and is now trading at $75,621. This shows that short-term institutional confidence in Bitc…

'Removes Supply'—Ethereum Suddenly Faces BlackRock $500M Stake Shock

“The version that pays wins.” That was tracker account @StreamashIO on April 25, summing up the only ethereum ETF flow story Wall Street is paying attention to right now. “BlackRock’s staked ETH ETF (ETHB) pulled in $32.3M on April...

Bitcoin Spot ETFs Post $138M Outflow for Third Straight Day

Bitcoin spot ETFs recorded a $138 million net outflow, extending a three-day streak and signaling continued caution from institutional investors.Read more...

Spot ETH ETFs See Third Straight Day of Outflows: $87.8 Million Exit Sparks Concern

BitcoinWorld Spot ETH ETFs See Third Straight Day of Outflows: $87.8 Million Exit Sparks Concern US spot ETH ETFs recorded net outflows of approximately $87.8 million on April 29, marking the third consecutive day of capital exits from these investment products. Data from Farside Investors reveals a...