US spot Bitcoin exchange-traded funds (ETFs) broke a four-day outflow streak on Wednesday, posting $91.5 million in net inflows, according to data from SoSoValue. Key Takeaways: US spot Bitcoin ETFs rebounded with $91.5M in net inflows, breaking a four-day outflow streak. BlackRock’s IBIT led the recovery, while ARK & 21Shares’ ARKB was the only major…
Spot Bitcoin ETFs recorded $812.25 million in net outflows on Friday, marking the second-largest single-day exodus in the history of these products. Key Takeaways: Bitcoin ETFs saw $812M in outflows on Friday, marking the second-largest single-day loss on record. Ether ETFs ended a 20-day inflow streak with $152M in redemptions. Institutional appetite for Ethereum appears…
The US Securities and Exchange Commission (SEC) has cleared the way for crypto ETFs to use in-kind creations and redemptions, a move industry participants say could make the fast-growing market more efficient and cost-effective. The regulator voted on July 29 to approve orders allowing authorized participants to create and redeem shares of Bitcoin and Ether…