The broader digital asset market had a historic week, with rising investor interest in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). With positive regulatory developments and increasing market confidence, crypto ETFs recorded new milestones that signified the continuation of a bullish…
BlackRock’s IBIT Leads Other Bitcoin ETFs With $5.6B Inflow Bitcoin ETFs saw a record $6.46 billion in inflows in November 2024, as Bitcoin (BTC) surged 45% this month, hitting $99,000 for the first time in history. The inflow marks a significant milestone…
Solana Price Surges to All-Time High The Solana price soared to $264.31 on Coinbase on Nov. 22, breaking its 2021 all-time high. The token surged 11% within 24 hours, cementing its position as one of the best-performing assets in 2024. This recovery…
Since Donald Trump’s election, the clamour for Solana exchange-traded fund (ETF) approval in the United States has gained traction. According to Mathew Sigel, VanEck’s head of digital asset research, the industry expects the US Securities and Exchange Commission (SEC) to greenlight more…
Spot Bitcoin ETFs in the United States experienced their first net outflow since Donald Trump’s election as president, marking the end of an inflow streak that began on Nov. 5. According to data from Farside Investors, 11 Bitcoin ETFs collectively posted a…
Historic Inflows Mark Growing Interest in Ethereum ETFs Ethereum ETFs in the United States recorded a historic $294.9 million in inflows on Nov. 11, marking their largest single-day inflow since their July launch. This surge highlights the growing interest in Ethereum ETFs…
Donald Trump’s presidential election win has sparked numerous spikes in the prices of some cryptocurrencies, with the Solana memecoin market reaching a market capitalization of $12 billion. The Solana Memecoin Market Surge and Trump’s Win Solana-based memecoins have seen a significant uptick…
Crypto investment products have seen heavy inflows in the past couple of weeks, driven by renewed institutional interest and a friendly political climate. According to a report on Digital Asset Fund Flows, Bitcoin funds accounted for most of the $920 million injected…
CryptoQuant CEO has predicted that Bitcoin (BTC) will transform into a stable currency by 2030 following a 378% increase in its mining difficulty over the past three years. Ki Young Ju believes that institutional investment in large-scale mining operations will push the…
Inflows into US spot Bitcoin exchange-traded funds (ETFs) have turned net negative for the first time in two weeks, indicating that momentum pushing prices upward has cooled off. According to data from Farside Investors, a UK-based investment firm, net flows from the…
Spot Ethereum (ETH) exchange-traded funds (ETFs) have registered five consecutive days of zero inflows, which has become a trend for this investment product. In addition, investors in the nine ETH ETFs have withdrawn significant sums from the funds since their July launch….
The Japanese Bitcoin (BTC) investment behemoth Metaplanet has sold 233 BTC Put Options, gaining 23.97 BTC as profits. According to the firm, the 233 Options it sold are worth $62,000, which is set to expire on December 27. In addition, the contracts…
Ledn Secures Pioneer $50M Bitcoin-Backed Loan Ledn, a prominent digital lending platform, has received approval for a $50M loan backed by Bitcoin. This loan, syndicated by Sygnum, a global digital asset banking group, marks a significant development in the integration of digital…
BlackRock’s iShares Ethereum Trust Leads with $188.4M Inflows Spot Ether (ETH) exchange-traded funds (ETFs) in the United States have achieved a significant milestone following their first positive net flows since their launch on July 23. SoSoValue’s ETF tracking data showed that the…
As spot crypto exchange-traded funds (ETFs) inflows hit millions, asset managers plan to expose more investors to digital assets. An ETF allows the investor to profit from crypto without making a direct investment. The ETFs are tied to various classes of assets,…
The UK’s transition to a Labor-controlled government after 14 years prompts concern about whether the Chancellor of the Exchequer could utilize the country’s Bitcoin holdings to fund the party’s goals. The transition from the Conservative Party-run government to the Labour is prompting…
Multinational investment giant BlackRock CEO backs Bitcoin as a choice asset for individuals with pessimistic outlooks. BlackRock chief executive Larry Fink endorsed Bitcoin during his appearance on a CNBC interview. The executive profiled himself as a firm believer in the top crypto…
Introduction to Spot Ethereum ETFs The approval of the Spot Ethereum Exchange-Traded Fund (ETF) represents a pivotal advancement in the integration of cryptocurrencies with traditional financial markets. As Ethereum continues to garner interest as a premier blockchain platform and digital currency, the…
In a fireside chat with the cofounder of Ethereum, Vitalik Buterin, ignored the hype on the approval of Ether exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Buterin avoided commenting on the long-awaited approval of the ETH ETFs. However,…
In an official communication, the Chicago Mercantile Exchange (CME) revealed plans to launch spot Bitcoin trading on its futures exchange. The CME’s latest development demonstrates its commitment to joining other Wall Street makers to gain exposure to crypto assets. A source privy…
