Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. Go to Source
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Bitcoin Holder Decline Amid ETF Inflows And Mt. Gox Payouts
The number of Bitcoin holders, defined as any wallets with more than zero coins, has been dropping sharply. Traders seem to believe that the all-time high (ATH) reached in March was the peak for 2024. Despite this pessimism, mass liquidations often set the stage for a rebound. 👋 Bitcoin’s amount of holders (any wallets with … Read more
21Shares Ether ETF to waive fees for up to 6 months as issuers prep for listings
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors. Go to Source
Institutions are more bullish on Ether than retail ahead of ETH ETF launch
Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions. Go to Source
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst
The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas. Go to Source
Bitcoin Market Dynamics: From ATH To Recent Recovery
The Bitcoin market has navigated through several phases over the past 18 months, beginning with a period of steady price appreciation post-FTX, followed by three months of consolidation after reaching an all-time high (ATH) of $73,000. During May to July, Bitcoin underwent its deepest correction cycle, experiencing a drawdown of over -26% from its ATH. … Read more
Ether could outperform Bitcoin after spot ETF launch: Kaiko
According to Bloomberg analyst Eric Balchunas, the highly-anticipated Ethereum ETFs could launch in the United States by July 23. Go to Source
Bitcoin and Ether lead $17.8B crypto inflows
Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs. Go to Source
Bitcoin Faces Challenges Amid S&P 500 Surge, But Potential For Bullish Rebound Remains
Despite a mild recovery to end the week, Bitcoin’s recent dip contrasts sharply with the continued flourishing of the S&P 500 and equities. For the past three years, Bitcoin and broader crypto markets have often surged in tandem with traditional equities. The current lag suggests Bitcoin might be poised for an eventual bullish catch-up period. … Read more
Bitcoin Fees Drop Amidst Increasing Wallet Holdings And Government Sales
Bitcoin transaction fees have seen a notable decline this week, dropping by 18% compared to the previous week’s 27% decrease. This marks the lowest weekly fee levels since November 2023, providing relief to users conducting transactions on the network. Total Bitcoin fees have decreased by 18% this week, following a 27% drop from the previous … Read more
