Bitcoin price traded close to $80,000 on Monday, following a decline of approximately 2% earlier in the session. The price has fallen below that level multiple times in recent days and has rebounded on each occasion. Selling pressure has been intensifying. Spot Bitcoin ETFs experienced approximately $635 million in outflows on October 22. A brief … Read more
The past week revealed another intriguing discrepancy between the funds tracking both assets. Despite Thursday recording the highest daily net outflow in four months, exceeding $600 million, the spot Bitcoin ETFs concluded the week with positive performance. The same cannot be said about their Ethereum counterparts, which have experienced declines for the fourth consecutive week. … Read more
Bitcoin’s price reclaimed $82,000 on Monday following a week of volatile trading that hindered the coin’s upward momentum. The largest cryptocurrency by market capitalisation was recently valued at approximately $82,393, reflecting an increase of nearly 2% in the past 24 hours, although it remains lower over the course of the week. Bitcoin has experienced a … Read more
In a week characterised by a decline in the underlying asset from over $84,000 to a monthly low of under $80,000, it is almost anticipated that the exchange-traded funds reflecting its performance would register losses. Indeed, they were. The same can be observed regarding the Ethereum ETFs, which, despite experiencing a solitary day of positive … Read more
The price of bitcoin surged above $87,000 on Friday morning in New York, buoyed by consistent exchange-traded fund flows and a jobs report indicating a slight increase in unemployment in the U.S. Bitcoin’s price recently stood at $85,990 following a 2% increase over a 24-hour period. Over the past week, it has increased by more … Read more
The narrative surrounding the 2026 Bitcoin ETF has transitioned from a phase characterised by continuous withdrawals to one marked by a modest net inflow. U.S.-listed spot Bitcoin funds have recovered from a deficit that peaked at approximately $5.8 billion in July and are currently experiencing net inflows of around $800 million for the year. That … Read more
Holders of Bitcoin exchange-traded funds have returned to profitability following the recent surge in the cryptocurrency’s value. On Monday, ETF analyst James Seyffart noted on X that the morning rally in New York elevated the average investor above the estimated ETF cost basis of $81.72 for the first time since January. Bitcoin surged past $86,000, … Read more
Ki Young Ju believes that institutional capital and exchange-traded funds outside of the US may be responsible for the peak of the current bull cycle in bitcoin. He presented the forecast in an Aug. 27 post on X, identifying international market access as a potential source of demand following the broadening of regulated exposure facilitated … Read more
Bitcoin exchange-traded funds have attracted more than $1 billion in new investments in the last three days, contributing to the surge of the leading cryptocurrency to almost $73,000. On Wednesday, investors acquired more than $500 million in shares from the funds overseen by BlackRock, Fidelity, and Greyscale, as reported. Bitcoin’s price has surged this week, … Read more
Following the significant inflows observed in the initial week of August, attention shifted to the subsequent week. However, the situation became clear. The spot exchange-traded funds that monitor the performance of the largest cryptocurrency by market capitalisation have once again experienced a downturn over the past five trading days, with only one day showing net … Read more
