Bitcoin fund inflows offset largest SOL outflows on record: CoinShares
According to CoinShares’ weekly report, year-to-date flows for all digital asset investment vehicles topped $22 billion in August. Go to Source
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US Bitcoin ETFs on the Verge of Controlling 1 Million BTC
According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs Close in … Read more
Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while Blackrock’s portfolio was around $21.02 billion. Grayscale Faces Fierce Competition as Blackrock’s Onchain Assets Climb Blackrock’s collection of onchain digital assets is nearing a point … Read more
Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings. Meanwhile, hedge funds are taking a more aggressive stance in the … Read more
Two-thirds of institutional Bitcoin ETF holders held or bought more in Q2
44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief. Go to Source
Vanguard’s New CEO Reaffirms No Crypto ETFs in Future Strategy
Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths in active fixed income management and commitment to low-cost investments, staying consistent with the firm’s core principles. Vanguard CEO … Read more
Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings
The investment firm disclosed to the SEC that it held more than 5.5 million shares of the iShares Bitcoin Trust in the second quarter of 2024. Go to Source
Blackrock’s Bitcoin and Ethereum Funds Dominate Tuesday’s ETF Inflows
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momentum continued for spot bitcoin and ether ETFs on Tuesday, with both groups enjoying fresh inflows. Spot bitcoin ETFs raked in $38.94 million, led … Read more
Bitfinex Report Examines Bitcoin’s Local Bottom Amid Market Rebound
Crypto exchange Bitfinex’s latest Alpha report examines various key metrics, providing insights into whether bitcoin may be approaching a local bottom. “Overall, these metrics underline the deep bearish sentiment and stress among short-term investors, which usually occurs at local bottoms,” the report states. Bitfinex Report Analyzes Bitcoin’s Rebound and Potential Local Bottom Crypto exchange Bitfinex … Read more
Ether ETF weekly flow hits positive for the first time since launch
The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5. Go to Source