On Sept. 26, CryptoQuant founder Ki Young Ju reported that America is regaining dominance in terms of BTC holdings. Its ratio compared to other countries is rising, “driven by spot ETF demand,” he added. According to the US reserve ratio chart he provided, holdings have been increasing for the past year but have yet to return […]
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, has reported a shift in crypto adoption among the country’s top financial advisors. Reflecting on his speech at the Barron’s Advisor 100 Summit last Friday, Hougan noted that 70% of the attending financial advisors now personally hold cryptocurrency, a noteworthy increase from just two years ago […]
It was a big week for financial markets and the global economy as the central bank of the world’s strongest economy pivoted from its monetary policy and reduced the key interest rates by 0.5%. As such, it’s worth reviewing how local investors behaved when it comes down to their interactions with spot Bitcoin and Ethereum […]
Bitcoin’s two-week-long negative streak came to an end on Monday, while the net inflows for the past five-day trading period skyrocketed to over $400 million. The same cannot be said for the spot Ethereum ETFs, as the products continue to bleed out and see little to no actual demand. Spot BTC ETFs Back on Track […]
Bitcoin’s price continues to show high levels of correlations with the landscape around the spot ETFs. This was further proven by the price actions on Monday evening. BTC jumped to over $58,000 for the first time in five days as the ETFs broke a two-week-long streak. Over the weekend, CryptoPotato reported the negative streak the […]
The approval of spot Bitcoin ETFs in January was one of the biggest moves in crypto this year, with funds generating a surge in demand for BTC. However, eight months after their launch, interest in those products appears to be waning. In a recent post on X, Jim Bianco, the CEO of Bianco Research, stated […]
The negative streak in terms of flows for the spot Bitcoin ETFs continued in the past week and has now become the longest since those products were greenlighted in mid-January. At the same time, the Ethereum counterparts still see little activity, with investors’ demand and interest obviously missing. Bitcoin ETFs’ Negative Streak CryptoPotato reported last […]
The landscape around the spot Bitcoin ETFs in the US has changed dramatically since a few weeks ago when investors showed significant demand. Current data shows six consecutive days of consistent outflows, with September 3 being the worst in terms of flows since May 1. Spot Bitcoin ETFs Deep in Red US investors’ behavior regarding […]
Another week went by, which began with massive volatility, and the spot Bitcoin and Ethereum ETFs were once again in the spotlight. Here’s the data regarding the inflows and outflows for the past five days, according to Farside. Bitcoin ETFs in the Red Last week ended on a highly negative point as the spot Bitcoin […]
Capula Investment Management LLP, one of Europe’s largest hedge funds, informed that it holds $464 million in shares of spot Bitcoin ETFs from BlackRock and Fidelity. Capula’s disclosure contributes to institutional investors’ rising interest in U.S. spot Bitcoin ETFs. Capula’s Spot Bitcoin ETF Shares A filing with the U.S. Securities and Exchange Commission on August […]