The Federal Reserve maintained its benchmark rate on Wednesday, keeping the federal funds target range steady at 3.75% to 4%.The bitcoin price exhibited notable volatility in the vicinity of $81,000. The decision was approved with a vote of 10-2, and the dissenting opinions hold significant importance alongside the final result. Governor Lisa Cook and Cleveland … Read more
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
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
U.S. investors this week altered their strategy, withdrawing $729 million from spot bitcoin exchange-traded funds — exerting downward pressure on the price of the leading cryptocurrency. Funds overseen by BlackRock, Fidelity, Morgan Stanley, and ARK 21-Shares encountered notable outflows on Wednesday and Thursday, as reported. Investors commenced the week with a divestment of approximately $90 … 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
Bitcoin traded predominantly within the $84,000 to $85,000 range on Friday, until a sudden spike in volatility caused its price to approach $83,000. After experiencing a decline in momentum subsequent to its second breach of $87,000 earlier in the week, bitcoin steadily relinquished the majority of its gains from Monday, during which it had surged … Read more
Bitcoin is entrenched in its bear market; however, it is exhibiting an unusual behaviour: remaining stagnant. According to a recent report, thirty-day realised volatility has decreased to 27.2% annualised, a decline from 30.4% the previous month and significantly below bitcoin’s long-run average of approximately 80%. For an asset characterised by double-digit daily fluctuations, this represents … Read more
Spot Bitcoin exchange-traded funds experienced their most significant outflows last week since the conclusion of June, marking a reversal of the robust performance observed at the beginning of August. The 13 US-listed funds experienced a net outflow of $389.7 million during the week of August 10, following an inflow of $853.5 million in the preceding … Read more
Investors withdrew from American Bitcoin exchange-traded funds at the conclusion of last week, bringing an end to a seven-day winning streak. Data indicates that more than $475 million was withdrawn from investment products during trading hours on Thursday and Friday, with BlackRock’s iShares Bitcoin Trust managing the majority of the trading activity. Risk appetite seemed … Read more
