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3232US Spot Bitcoin and Ethereum ETFs Face Net Losses Amid Volatile Market
https://www.digit.info/us-spot-bitcoin-and-ethereum-etfs-face-net-losses-amid-volatile-market/
Wed, 09 Oct 2024 15:48:27 +0000https://www.digit.info/us-spot-bitcoin-and-ethereum-etfs-face-net-losses-amid-volatile-market/Read more]]>Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $18.66 million flow out, with a trading volume hitting $1.35 billion. […]
]]>Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
https://www.digit.info/glassnode-report-says-bitcoin-market-structure-remains-strong-amid-steep-decline/
Wed, 10 Jul 2024 16:30:48 +0000https://www.digit.info/glassnode-report-says-bitcoin-market-structure-remains-strong-amid-steep-decline/Read more]]>Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin Market Faces Significant Drawdown, Glassnode Reports Despite the notable downturn, Glassnode’s latest analysis […]