Bitcoin ETFs Record $588M Inflows in June, Extend 11-Day Winning Streak
Bitcoin exchange-traded funds (ETFs) have made headlines again after logging their largest monthly inflows for June, with a staggering $588 million pouring in. The surge comes alongside a strong 11-day streak of uninterrupted inflows, underscoring renewed investor confidence in digital assets despite recent market volatility. The 11-day inflow streak marks one of the longest positive […]
Goldman Sachs holds $710M in Bitcoin ETFs
Goldman Sachs disclosed $718 million in Bitcoin ETFs in a November 14 SEC filing, despite previously criticizing cryptocurrencies. The big global investment bank, Goldman Sachs, which was previously dismissive of Bitcoin, has revealed that it has considerable stakes in exchange-traded funds (ETFs) that are based on it. In a document it submitted to the United […]
Bitcoin ETFs See $541M Outflow, Second-Largest Since Launch
Bitcoin ETFs recorded $541 million in outflows, led by Fidelity’s FBTC with $170 million in withdrawals. While most ETFs saw losses, BlackRock’s IBIT reported $38 million in inflows amid Bitcoin’s recent price dip below $70,000. Investors withdrew $541 million from US spot Bitcoin ETFs on November 4, the second-largest single-day outflow since their inception, according […]
Ripple CEO Brad Garlinghouse Predicts Crypto Reset
Ripple CEO criticized the Biden administration’s hostility toward cryptocurrencies and expressed optimism for improved regulations post-election. Regardless of the outcome of the United States election, Ripple CEO Brad Garlinghouse forecasts that the cryptocurrency sector will undergo a reset. During his speech at the eighth annual Washington, District of Columbia Fintech Week, Garlinghouse lambasted the current […]
BlackRock Bitcoin ETF Hits Top 3 with $23B Inflow
BlackRock’s iShares Bitcoin ETF (IBIT) has surpassed $23 billion in inflows, with $329 million on October 21 and $1.5 billion over six days. On the spot The amount of money flowing into Bitcoin exchange-traded funds (ETFs) has been steadily increasing over the past week and shows no signs of slowing down any time soon. BlackRock […]