Last week marked the fifth consecutive week of outflows from Spot Bitcoin ETFs, with $405.2 million withdrawn despite Bitcoin's price rising from $61,000 to $65,000. Similarly, Ethereum ETFs experienced significant outflows totaling $405.2 million, even as Ethereum's price increased from $1,600 to $1,700. This suggests that while ETF investments are declining, direct institutional accumulation of cryptocurrencies like Bitcoin and Ethereum is growing, supporting their prices. Other altcoin ETFs like Solana also saw outflows, whereas XRP and HYPE ETFs had modest inflows. Overall, the trend indicates a shift in institutional interest from ETF products to direct crypto holdings.
Bitcoin and Ethereum options contracts with a combined notional value of $2.13 billion are set to expire soon, attracting attention from derivatives traders. This large expiry could influence short-term market liquidity and price movements as traders...
Jito (JTO) token rose about 2% on Upbit, topping the platform's greed index with a score of 85, signaling concentrated liquidity and selective risk appetite in Korea's crypto market. Despite overall market volatility, Jito showed strong buying intere...
Bitcoin fell nearly 5% to around $62,500 following intensified Israeli military actions in Lebanon, contributing to $580 million in forced liquidations across the crypto market within 24 hours. Over 139,000 traders were affected, with Bitcoin and Eth...
Wealthy crypto investors are concentrating their portfolios in major tokens like Bitcoin (82%), Ethereum (79%), and XRP (69%) due to their liquidity and market stability. Meanwhile, some smaller altcoins such as Helium and Contentos show extreme over...
Bitcoin options data reveals traders are hedging against near-term downside risks around $63,000 while maintaining bullish positions targeting $80,000. The put/call ratio of 0.78 indicates a mildly bullish market, with significant open interest in bo...
