$870M Flows Into Bitcoin ETFs, Pushing Reserve Holdings to 5% of BTC’s Market Cap

Recent data shows spot bitcoin ETFs pulled in a hefty $870.02 million, while spot ethereum ETFs attracted $7.65 million in inflows. Crypto ETFs Surge as Bitcoin Nears All-Time High Values Crypto ETFs have delivered solid returns over the past two weeks according to stats collected by sosovalue.xyz. On Tuesday, as bitcoin (BTC) hovered near its … Read more

Ethereum’s Market Conundrum—ETH Slips Further Behind as Bitcoin Shines

This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring While the Other’s Struggling It’s an exciting time in crypto. BTC came close to breaking its all-time high of $73,794, nearly hitting $73,600 per coin … Read more

Major Hong Kong Exchange Group to Launch Virtual Asset Index Series

HKEX, a major global exchange group, is launching a new index series for Bitcoin and Ethereum to provide a transparent and reliable benchmark for pricing these cryptocurrencies in the Asian time zone. The index series adheres to EU regulations and aims to foster a dynamic virtual asset ecosystem in Hong Kong. Transparent Benchmark Hong Kong … Read more

Ethereum ETFs See Outflows Amid Price Struggles, While BTC ETFs Draw Steady Investor Interest

Bitcoin ETFs are drawing substantial investor interest, with funds continuing to flow in steadily. In contrast, the launch of Ethereum ETFs hasn’t seen the same enthusiasm, facing significant outflows in the initial days without substantial inflows since. ETH’s MVRV is at 1.25, close to a key level. Our latest idea on @tradingview explores why you … Read more