On June 15, Bitcoin spot ETFs experienced $64.8 million in outflows, mainly due to Grayscale's GBTC losing $124 million in a single day. However, other Bitcoin funds gained about $59 million, partially offsetting the losses. Meanwhile, altcoin ETFs attracted fresh capital, with Ethereum ETFs gaining $22.5 million, Solana $2.7 million, and XRP $2.8 million. This shift indicates institutional investors are diversifying from Bitcoin into altcoins, with XRP notably accumulating over $1.4 billion since launch, signaling growing confidence in altcoin ETFs as portfolio holdings.
Bitcoin and other major cryptocurrencies declined after renewed U.S.-Iran airstrikes escalated tensions, pushing oil prices higher. The conflict, involving attacks on ships and military installations, threatens to collapse the fragile ceasefire and h...
Ethereum options trading shows a slight drop in total open interest to $4.318 billion, with calls dominating longer-term positions at 57.41% of open interest. However, short-term trading volume favors puts at 51.05%, indicating traders are seeking ne...
Ethereum's price ratio against Bitcoin (ETH/BTC) has rallied nearly 5% entering Q3, driven by optimism over the potential passing of the CLARITY Act, which could boost Ethereum's role in decentralized finance. BitMine Immersion increased its Ethereum...
Ethereum price is struggling to break past the key $1,800 resistance level, where significant trading volume has occurred. While recent rebounds have improved short-term sentiment, the increase in Binance's ETH reserves and reduced whale activity sug...
Clearstream, a major European post-trade services provider under Deutsche Börse Group, has expanded its cryptocurrency custody services beyond Bitcoin and Ethereum. The new additions include XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (...
