Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history.
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While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days.
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US spot Bitcoin ETFs have contributed to 100% of the record-breaking $44.2 billion crypto ETF inflows in 2024, according to CoinShares.
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Bitcoin and ether ETFs approved in January and July respectively, played a vital role in the industry’s record-breaking year. Crypto Gives ETF Industry a Second Wind Global exchange-traded funds (ETFs) averaged $4 billion in daily inflows and closed out with a record-breaking total of $1 trillion in annual inflows for 2024, according to reporting from […]
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The latest inflows bring spot Bitcoin ETFs’ total net assets to $95.4 billion, or 5.27% of Bitcoin’s $1.8 trillion market capitalization.
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The iShares Bitcoin Trust (IBIT) saw a rare day of outflows before Bitcoin went on to hit a new all-time high.
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The crypto asset manager has now filed for a spot Solana ETF after getting the ball rolling for a spot for XRP ETF and Litecoin ETF earlier in October.
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Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week.
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It may be too early to judge Bitcoin’s performance for the rest of October as investors are “largely reactionary to macro events,” says a crypto analyst.
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Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs.
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