Farside Investors data shows net outflows from spot Bitcoin ETFs hit $937.78 million on Tuesday, the largest single-day redemption since the funds debuted in January 2024. The figure has since risen to $1.01 billion, as per SoSoValue’s live tracker.
As Bitcoin (CRYPTO: BTC) continues to trade below the $88,000 mark, U.S. spot bitcoin ETFs experienced record outflows of $1 billion on Tuesday, marking the largest daily net outflows since their inception.
US Commerce Secretary Howard Lutnick‘s hedge fund Cantor Fitzgerald LP increased the firm’s exposure to Bitcoin (CRYPTO: BTC) and Chinese technology companies during the fourth quarter of 2024, when Donald Trump was reelected as the
Miller Value Partners, led by Bill Miller IV, acquired 50,250 shares of MicroStrategy Inc. (NASDAQMSTR) during the third quarter of 2024, a move that has yielded lower returns compared to Bitcoin (CRYPTO:
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs registered inflows of $3.26 billion and $74.43 million, respectively, over the past four days.
The Bitcoin Spot ETFs, one of the most exciting financial markets at the moment, closed out another week with net inflows resulting in three consecutive weeks of gains.
Bitcoin and Ethereum spot ETFs experienced a significant resurgence on Jan. 15, with a combined net inflow of over $815 million, marking the first positive day after a four-day outflow period.
Spot Bitcoin (CRYPTO: BTC) ETFs, which hit the 1-year mark last week, had a banner first year transforming the Bitcoin market and bridging crypto with traditional finance.
Jamie Dimon, the CEO of banking behemoth JPMorgan, reiterated his critical stance on Bitcoin (CRYPTO: BTC) while recognizing the importance of blockchain technology.
The world’s largest asset manager, BlackRock, kicked up a storm last month after supposedly disputing Bitcoin's (CRYPTO: BTC) supply cap in one of its explai
GLJ Research CEO Gordon Johnson intensified criticism of Bitcoin (CRYPTO: BTC) on Thursday, echoing late Berkshire Hathaway Inc. Vice Chairman Charlie Munger‘s skepticism and targeting major financial institutions for their role in crypto
Cathie Wood, the founder of Ark Investment Management LLC, predicts a surge in mergers and acquisitions after President-elect Donald Trump defeats Vice President Kamala Harris in the 2024 election.
Bitcoin ETFs have shown an increase in premarket, even as Federal Reserve Chair Jerome Powell made it clear that the central bank has no plans to accumulate Bitcoin (CRYPTO: BTC).
The stark contrast between traditional real estate investments and cryptocurrency markets has come into sharp focus as Bitcoin (CRYPTO: BTC) crossed the $100,000 mark, while New York City’s real estate market maintains steady but modest growth, according to recent market data.
The Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, which was a groundbreaking move at the time. The Bitcoin ETFs continue to see huge inflows months after their launch.
Bitcoin‘s (CRYPTO: BTC) recent surge to an unprecedented $106,000 has led to a notable rise in Bitcoin-based ETFs. This upward movement has positively impacted several ETFs, although Bitcoin has since slightly decreased to $104,008.20.
