Spot Ethereum exchange-traded funds (ETFs) have experienced significant outflows, losing $370 million in assets over the last 12 trading days amid a drop in Ethereum prices. Key funds like the iShares and Grayscale Ethereum Trust faced the largest redemptions, totaling $146 million and $106 million, respectively. This decline aligns with Ethereum’s price fall from $2,200 ...
Bitcoin and Ethereum exchange-traded funds (ETFs) are experiencing a notable rebound in investor interest, attracting $1.1 billion in inflows on January 6, 2025. This follows a challenging start to the year, where Bitcoin ETFs faced $320 million in outflows. In the first two trading days of January, these ETFs collectively brought in $1.75 billion. Bitcoin ...
Ethereum (ETH) is stabilizing around $3,400, aiming to finish the year with about a 50% gain. Despite this, its performance has lagged behind Bitcoin and other top altcoins. Looking ahead to 2025, the Pectra upgrade promises significant improvements in scalability and security, potentially boosting Ethereum’s performance and user experience. Meanwhile, institutional investors are steadily accumulating ...
Bitcoin exchange-traded funds (ETFs) are experiencing a significant downturn, with over $1.5 billion withdrawn in recent days, including $338.4 million on Christmas Eve alone. BlackRock’s iShares Bitcoin ETF faced the biggest loss, with $188.7 million pulled out. In contrast, Ethereum ETFs are gaining momentum, attracting $53.5 million in net inflows recently, led by BlackRock’s Ethereum ...
Recent data shows a significant downturn in Bitcoin exchange-traded funds (ETFs), with over $1.5 billion withdrawn in just four days leading up to Christmas. BlackRock’s iShares Bitcoin ETF saw the largest single-day outflow of $188.7 million, while Ethereum ETFs experienced the opposite trend, attracting $53.5 million in net inflows. BlackRock’s Ethereum fund drove the interest, ...
Ethereum has shown remarkable growth, with its price up over 52% compared to last year, highlighting its strong potential. This crypto asset stands out from Bitcoin mainly due to its use of smart contracts, which automate transactions based on specific conditions. As excitement builds for upcoming events like Ethereum ETFs and a positive change in ...
The SEC has approved new Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, making it easier for institutional investors to access these major cryptocurrencies. This announcement comes during a tumultuous time in the crypto Market, with Bitcoin recently dropping to below $96,000 and Ethereum falling to $3,440. The approval covers two specific ETFs: the ...
In recent weeks, Bitcoin has gained significant attention, soaring nearly 50% to reach a new high near $107,000. Meanwhile, Ethereum has had a quieter year, with modest gains of just 5%. However, experts believe that 2025 could be a turning point for Ethereum. Factors like the potential for an altcoin season, increasing interest in Ethereum ...
Ethereum-based ETFs have seen a significant boost, recording $1.3 billion in inflows recently, with $83.3 million reported on December 6 alone. This marks ten consecutive days of positive inflows and the longest streak since Ethereum ETFs launched in July 2024. The rise in interest comes as Ethereum’s price surpassed $4,000, reflecting a more than 10% ...
