bitcoin funds – DIGIT INFO

US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard

DIGIT — Tue, 06 Aug 2024 13:38:22 +0000

On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net […]

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US Spot Bitcoin ETFs Reverse Outflows With $100M Inflows

DIGIT — Thu, 13 Jun 2024 13:33:55 +0000

U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $100.9 million, with Fidelity’s FBTC leading the way. Fidelity’s FBTC Tops Bitcoin ETF Inflows With $51M On Wednesday, spot bitcoin ETFs reversed their two-day outflow trend. The group secured $100.9 […]

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US Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million

DIGIT — Wed, 12 Jun 2024 12:15:59 +0000

U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $121 million reduction. Spot Bitcoin ETFs Lose Ground Spot bitcoin ETFs have recorded two days of outflows so far as Tuesday’s trading sessions saw […]

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Report: Spot Bitcoin ETFs Lead Crypto Investment Surge With Record Inflows

DIGIT — Tue, 13 Feb 2024 06:30:10 +0000

In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in inflows, marking the highest assets under management (AUM) since the early days of 2022. Coinshares Report Shows […]

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Crypto sees 5th week of outflows on ‘poor’ BTC sentiment: Coinshares

DIGIT — Tue, 23 May 2023 02:35:07 +0000

Outflows across all digital asset investment products hit $232 million over the past five weeks, with BTC-related funds leading the carnage, per Coinshares.

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The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

DIGIT — Sat, 24 Sep 2022 17:19:46 +0000

Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market.

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Canadian Bitcoin ETF sees its third-biggest daily inflow ever

DIGIT — Thu, 03 Feb 2022 12:23:05 +0000

Purpose Bitcoin ETF attracted over 1,000 BTC in inflows on Tuesday, its third-largest daily inflow since launch.

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Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in November

DIGIT — Sun, 28 Nov 2021 17:00:53 +0000

Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. Ethereum-Based Investment Product Trade Volumes Increase Every month Cryptocompare publishes […]

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JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge

DIGIT — Fri, 08 Oct 2021 00:30:52 +0000

Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not ban cryptocurrencies. JPMorgan Sees Renewed Interest in Bitcoin JPMorgan published a research note […]

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Boomers Next to Adopt Crypto, a Trillion Dollars Could Flow Into Bitcoin Over the Next Year, Says Novogratz

DIGIT — Mon, 29 Mar 2021 00:15:13 +0000

Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers. $1 Trillion Could Flow Into Bitcoin Michael […]

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