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Spot Bitcoin ETFs Attract $4 Billion Inflows, Impacting Higher-Cost Crypto Funds

Theon Barrett2 years ago3 min read

Higher-cost incumbent crypto fund issuers witness $2.9 billion outflows Since the launch of new spot bitcoin exchange-traded funds on Jan. 11, higher-cost incumbent crypto fund issuers…

Grayscale Sells $2.14 Billion Worth of Bitcoin Following ETF Authorization

Noah Rypton2 years ago2 min read

Grayscale Investments Sells Over $2.14 Billion in BTC Following SEC’s Approval of Spot Bitcoin ETFs Grayscale Investments has sold more than $2.14 billion worth of Bitcoin…

Bloomberg Analyst: Bitcoin ETF Launch Sees Nine Issuers Accumulate $4 Billion in BTC within Two Weeks

Daisy Hodley2 years ago2 min read

Nine Bitcoin ETF Issuers Accumulate $4 Billion Worth of BTC in Less Than Two Weeks Nine Bitcoin exchange-traded fund (ETF) issuers have acquired a significant amount…

Bitcoin Price Plunges Below $41K, Wiping Out $40 Billion from Cryptocurrency Markets (Market Watch)

Owen Patter2 years ago2 min read

BTC Slips Below $41,000 After several days of trading sideways, the price of Bitcoin (BTC) took a turn for the worse and slipped below $41,000. This…

Bitcoin Price Predicted to Remain Stagnant Amid Impending $25 Billion GBTC Sell-off, Contrary Opinion from Galaxy Digital Founder

Wyatt Newson2 years ago3 min read

Bitcoin Investors Brace for Potential Price Stagnation as GBTC Liquidation Looms Bitcoin (BTC) investors should prepare themselves for the possibility of price stagnation or even a…

Anticipating a $3 Billion Grayscale Outflow, JPMorgan Raises Concerns About Impending Bitcoin Selloff

Benito Cormi2 years ago2 min read

JPMorgan Analyst Predicts Bitcoin Price Drop JPMorgan’s analyst, Nikolaos Panigirtzoglou, expressed his views on the impact of spot bitcoin ETF launches and outflows from Grayscale’s bitcoin…

Approaching $100 Billion Market Cap: Tether (USDT) Surpasses $10 Billion Printing in Just Three Months

Daisy Hodley2 years ago2 min read

Tether (USDT) Approaches $100 Billion Market Cap with $10 Billion Increase in Three Months Tether (USDT), the stablecoin issuer, is close to reaching a market cap…

2024 Sees FDUSD Market Cap Surge by $1 Billion, Securing Top 4 Spot among Stablecoins

Benito Cormi2 years ago2 min read

FDUSD Sees Market Capitalization Soar by $1 Billion The market capitalization of FDUSD, a stablecoin crypto asset, has experienced significant growth since the beginning of the…

Arweave (AR), Gala (GALA), and Pullix (PLX) Targeting a $1 Billion Market Capitalization

Cyrus Dailey2 years ago2 min read

Arweave (AR) Sees Bullishness on Charts – Market Cap Surpasses $600M Arweave (AR) has shown bullish movement on its charts, with positive trends seen on the…

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