The spot exchange-traded funds tracking bitcoin experienced their worst week in terms of outflows since the end of June, which became one of the reasons behind the underlying asset’s major correction. Although the net outflows from the spot Ethereum ETFs were slightly less, the overall ETH picture is worse given the lack of any green […]
It was hard to imagine after June ended and the massive outflows recorded within the first six months of the year, but the spot BTC ETFs have managed to turn the tables and are actually well in the green now YTD. The spot Ethereum ETFs have erased last week’s losses, and the cumulative net inflows […]
Ethereum climbed steadily on Monday. The leading altcoin rose 6% over the past 24 hours and trades above $2,700 at press time. New data now suggest that ETH is seeing a strong wave of accumulation. Quiet Accumulation Ethereum has rocketed by 80% from $1,510 in just three months. According to CryptoQuant, the rally has also […]
Ethereum saw one of its biggest weekly moves in years after staging an impressive 30% rally. The altcoin crossed $2,500 briefly, then slipped back slightly below that level. New data shared by crypto analyst Ali Martinez suggests that ETH could be on a path toward $5,000 if it clears a major resistance zone. Growing Buying […]
The investment banking giant has begun trading for the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca on July 28. Both funds are priced at a 0.14% expense ratio, which undercuts every rival ETH and SOL product on the US market, as CryptoPotato covered the amended filings that […]
After a violent eight-week streak with nothing but substantial withdrawals, the spot Bitcoin ETFs changed their course in the middle of July and now extended their recovery period with another green performance. However, the funds tracking the largest altcoin managed to beat the market leader in terms of weekly net inflows. BTC ETF Green Wave […]
The last trading day of the previous business week finally brought some more net inflows rather than consistent outflows for the spot Bitcoin ETFs in the United States. The products tracking the world’s largest altcoin had even more to celebrate at the end of the week, but still closed in the red. The Good and […]
The world’s largest altcoin felt the pain of the overall market weakness over the past week, dropping to just over $1,500 for the first time in well over a year. The asset remains below key support levels, including $1,800, which holds a particular significance in its long-term potential, according to popular analyst Michaël van de […]
In times of heightened uncertainty, rapidly evolving geopolitical situations, and volatility in the US government, investors have shown markedly different behavior toward the spot crypto ETFs. While those with exposure to the world’s largest cryptocurrency have been consistently pulling funds out of them, the XRP alternatives actually outperformed their counterparts with a strong daily net […]
ETH is in recovery mode, with the asset topping $3,250 in late trading on Monday, its highest level since December 12. Ether has now gained 16% since the beginning of this year, which is not even a week old yet. It has outperformed Bitcoin, which is only up 6.7% since New Year’s Day. “Ethereum is […]