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Fed Effect: Biggest Net Outflow Day for Bitcoin ETFs Led to Crash Below $96K

Bitcoin’s price actions in the past few days have been nothing short of a substantial correction that pushed it south by around thirteen grand. It seems Powell’s comments made during the latest FOMC meeting have scared US investors as they pulled over $670 million from the spot Bitcoin ETFs within just a day. Red Record […]

Bitcoin ETFs Hit $50.5B in Cumulative Net Inflows in First Year

Nearly a year since United States-based spot Bitcoin exchange-traded funds (ETFs) were launched in January, the funds have experienced remarkable growth. Inflows into the 12 funds have surpassed 500,000 BTC. Spot Bitcoin ETFs Attract Over 500K BTC In an X post, Vetle Lunde, head of Research at the digital assets research firm K33, stated that […]

Bitcoin Recovers From Leverage-Induced Flash Crash Below $93K

Bitcoin prices dumped to $92,980 during late trading on Dec. 5. The move follows an all-time high earlier the same day when the asset came just short of $104,000 on Coinbase. The 10% flash crash wiped around $10,000 off the price of BTC as another leverage-induced liquidation event occurred. BREAKING: #Bitcoin briefly falls -$8,000 in […]

High Spot Bitcoin ETF Demand Pushed BTC to New ATH Above $93K

Bitcoin prices hit another all-time high in late trading on Wednesday, Nov. 13, when it tapped $93,477, according to CoinGecko. However, the asset had since retreated to around $90,000 during the Thursday morning Asian trading session. The correction was a blip as BTC continued higher adding to its 20% weekly gains. Bitcoin has now added […]

This Is What Happened to the Bitcoin, Ethereum ETFs During US Election Week: Recap

In perhaps one of the most intriguing and important weeks for the US, local investors showed uncertainty at first but ultimately changed their sentiment toward the spot Bitcoin ETFs as the country elected a new president. Even the spot Ethereum ETFs saw some impressive net inflows for their own standard. BTC ETFs During Election Week […]

Institutional Investors Are Back With Record $1.4B Bitcoin ETF Inflow 

The eleven spot Bitcoin ETFs in the US saw a record inflow day as $1.37 billion in inflows entered the institutional investment products on Nov. 7. The massive inflow comes as Bitcoin notched a new all-time high just below $77,000 in the wake of Donald Trump’s presidential election victory this week and as the US […]

What Happened With Bitcoin, Ethereum ETFs on Last Trading Day Before US Elections?

November 5 is finally here, and all eyes are on the United States as the country elects its next president – whether it will continue with its Democratic views as it did during the past four years or it will go back to the previous cycle when Republican candidate Donald Trump was in charge. As […]