News with the tag "spot bitcoin ETF"

Recent analytics data reveals staggering inflows in Bitcoin exchange-traded funds

In the past two days, the Bitcoin price has tumbled more than 10%, rattling a crypto market that had seen a sustained period of relative stability. The pullback has left investors questioning the role of US spot-based Bitcoin ETFs in the downturn, as data emerges revealing significant outflows from ...

Bitcoin ETFs witness the largest BTC withdrawal in history

The spot Bitcoin Exchange-Traded Fund (ETF) market just witnessed PNC, the 8th largest bank in the United States, declare its exposure to BTC. As revealed via its 13F filing with the Securities and Exchange Commission (SEC), PNC, with $325 billion in Assets Under Management (AUM), said it has exposu...

Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market. At the time of writing, Bitcoin’s dominance over the entire market is at 60.3% after a 4% increase in the past 24 hours. Notably, cryp...

The US-based spot Bitcoin ETFs (exchange-traded funds) started the week on a negative note, ending its seven-day $4.7 billion inflow streak. The crypto investment products saw nearly $460 million withdrawn in value on Monday, January 27. However, the Bitcoin ETFs appear to be making a strong comebac...

U.S. spot Bitcoin ETFs recorded a total net inflow of $589.12 million on January 30 , marking the third consecutive day of positive inflows , according to data shared by Trader T on X . The surge in institutional interest highlights growing investor confidence in Bitcoin as a financial asset. Breakd...

Spot Bitcoin ETFs recorded $503 million in outflows on January 27 , as BTC dropped below $100,000 , according to Glassnode . While the outflows are notable, they align with typical ETF withdrawal patterns on negative market days and are significantly lower than the record 11,600 BTC outflows on Janu...

The U.S. spot Bitcoin ETFs recorded a total net inflow of $189.09 million on January 23 , marking the sixth consecutive day of net inflows , according to data shared by Trader T on X . The surge was led by BlackRock’s IBIT , which contributed $155.09 million , reaffirming its dominance in the Bitcoi...

Spot Bitcoin Exchange Traded Funds (ETFs) in the United States started the year on a very high note. It’s only been two weeks over a year since the US Securities and Exchange Commission (SEC) greenlighted the offering. Last year was filled with mixed memories, ranging from massive inflows to equally...