Total net flows in the first five days of trading for the new U.S. spot Bitcoin ETF are now nearly $1.2 billion, with Fidelity joining BlackRock in the $1 billion-plus inflow club yesterday, according to data from BitMEX Research.Bitwise currently ranks third with $395.5 million worth of inflows, followed by Ark Invest/21Shares and Invesco with a total of $320.9 million and $194.9 million respectively. Overall, 10 of the 11 ETFs have seen inflows totaling $3.4 billion year to date, while Grayscale has seen outflows of $2.2 billion. The remaining funds all have total inflows of less than $100 million. Total…
Author: Crypto Flexs
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After the BTC ETF story dominated the market last year, traders are looking to Ethereum as the next candidate to receive spot ETF approval in the United States. Reflecting this sentiment is the discount to net asset value (NAV) of the Grayscale Ethereum Trust. According to JPMorgan, ETHE) has been shrinking since the summer and has remained at around 12% over the past two months.
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Solana has recently become a hotbed of phishing scams, leaving users vulnerable to theft of their cryptocurrency assets. As the Solana community grapples with these security issues, other blockchain platforms such as Algorand are gaining attention as potential alternatives. Rebel Satoshi is also attracting attention as it aims to provide meme coin investment opportunities. Solana is fighting phishing scams. Solana is known for its speed and scalability. Blockchain security company Scam Sniffer recently identified two serious phishing scams on…
bybitPopular cryptocurrency exchange recently announced the addition of SAROS to its spot trading platform. This listing, scheduled for January 19, 2024, follows the opening of deposits on January 18 and ahead of the withdrawal time scheduled for January 20. As part of this important event, Bybit has unveiled a special promotion featuring a 50,000 USDT prize pool. Listing of Saros and encouraging participation from both new and existing users. This approach is not new to Bybit. As seen in similar plans for the Inspect (INSP) token listing, it will feature a 70,000 USDT prize pool and represents the exchange’s consistent…
The widely respected cryptocurrency analyst and trader is expressing bullish sentiments about the Bitcoin (BTC) ecosystem token in the medium term. Trader known by the pseudonym Altcoin Sherpa says The 205,600 followers of the I said I would. According to Altcoin Sherpa, ORDI would be attractive at a price of $65, about 10% below its current price. Source: Altcoin Sherpa/X ORDI is trading at $72.35 at the time of this writing, up approximately 2,777% from its closing price of $3.48 on October 18. Switch to pseudonym trader Solana (SOL) Called He is optimistic about the price of the fifth-largest cryptocurrency…
Bitcoin fell below $41,000. It has recovered over the past 24 hours to rise above that level again. this is current reality The price of the main cryptocurrency token is Spot Bitcoin ETF Approved. This is surprising considering the funding. It was expected It helps boost the price of Bitcoin when it is launched. Why Bitcoin Price May Fall Bloomberg analyst James Seyffart He provided insight into why the Bitcoin price is falling. exposed that GBTC in grayscale Since switching to the Spot Bitcoin ETF, it has experienced outflows of $2.2 billion. Arkham Intelligence, a cryptocurrency analysis platform, also exposed…
Funding • January 19, 2024 3:38 AM EST Posted 1 minute ago In ~ Venture Smart Financial Holdings Limited, a Hong Kong-based financial services company, plans to launch a spot Bitcoin exchange-traded fund within the first quarter and aims to have $500 million in assets under management by the end of the year. bloomberg.The company It is claimed that Hong Kong’s first authorized virtual asset manager has yet to apply for an ETF with Hong Kong’s financial regulator, the Securities and Futures Commission. SFC in December presentation The city is prepared to accept applications for a spot cryptocurrency ETF, along…
Ethereum price struggled to break above $2,550 and $2,580. ETH, like Bitcoin, began a new downtrend and was trading below the $2,500 support zone. Ethereum attempted a fresh hike, but failed to break above $2,550. The price is trading below $2,500 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a bearish trend line tying with resistance near $2,480. A break below the $2,425 support will see the pair continue to decline. Ethereum price decline continues Ethereum price struggled to gain pace above the $2,550 and $2,580 resistance levels. ETH formed a short-term…
join us telegram A channel to stay up to date on breaking news coverage The Render Token price prediction shows that RNDR may head towards the upper boundary of the channel to continue its upward trend. Render Token Prediction Statistics Data: Current Render Token Price – $4.31 Render Token Market Cap – $1.6 billion Render Token Circulating Supply – 376.1 million Total supply of render tokens – 531 million Render Token CoinMarketCap Ranking – 47th RNDR/USD Market Main level: Resistance levels: $5.50, $6.00, $6.50 Support levels: $3.00, $2.50, $2.00 RNDRUSD – daily chart RNDR/USD is currently trading around $4.31, having…
GlobalCoin, the highly anticipated digital currency from social media giant Facebook, is set to revolutionize the global economy. With its launch imminent, the cryptocurrency market and financial environment are eagerly anticipating the impact of GlobalCoin. In this article, we will look at what GlobalCoin is, how it works, and its potential impact on the global economy. What is Global Coin? GlobalCoin is a new digital currency developed by Facebook, designed to allow people to send and receive money across borders safely and inexpensively. GlobalCoin aims to leverage blockchain technology to provide a fast, secure, and decentralized payment system accessible to…