Crypto products post $726M outflows amid rate cut uncertainty
CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10. Go to Source
ETF
Auto Added by WPeMatico
VanEck to shutter Ethereum futures ETF
Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs. Go to Source
Why is Ethereum (ETH) price underperforming compared to the wider crypto market
Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting. Go to Source
US regulator again delays decision on eco-friendly Bitcoin ETF
The carbon-offset Bitcoin ETF has been waiting on regulators since December 2023. Go to Source
Bitcoin Faces Challenges As Fear Dominates Market Sentiment
The Crypto Fear & Greed Index has taken a sharp turn from “Greed” to “Fear” this week, plummeting from 55 to 26 as Bitcoin’s price slipped below $58,000. This shift reflects the growing concerns among investors and traders about Bitcoin’s current market dynamics. The Crypto Fear & Greed Index has shifted from “Greed” to “Fear” … Read more
Bitcoin price loses traction as miner profits drop and spot BTC outflows persist
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows. Go to Source
21.co launches Bitcoin wrapper on Ethereum
It aims to bring institutional-grade security to wrapped BTC. Go to Source
Crypto dominates biggest 2024 ETF launches: The ETF Store
Crypto exchange-traded funds make up 13 of the top 25 fund launches, the investment adviser said. Go to Source
Crypto products hit with $305M outflow amid strong US economic data
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September. Go to Source
Bitcoin Market Indicator Signals Bear Phase Amid Major Exchange Outflows
The Bitcoin market cycle indicator has once again entered a bear phase, signaling caution for investors. From a valuation standpoint, if Bitcoin’s price falls below $56,000, the risk of a larger correction could increase significantly. #Bitcoin market cycle indicator is again in BEAR phase (light blue area). From a valuation perspective, if the price pierces … Read more
