Bitcoin ETFs have stopped their nine-day streak of inflows, indicating a pause in demand, while Ethereum funds continue to see fresh investments. This divergence suggests a shift in institutional interest from Bitcoin to Ethereum amid a fragile market environment. The exact size and cause of these flows remain unclear due to limited data, but the trend highlights differing confidence levels in these assets. Investors should watch upcoming ETF flow updates to see if this pattern continues or reverses.
US-listed spot Bitcoin ETFs experienced $115.6 million in net outflows on November 3, following larger withdrawals earlier in the week, totaling about $514.2 million in early November. Despite these outflows, Bitcoin's price recovered from a dip to a...
Bitcoin's price increased by 2.43% within four hours, reaching $78,016 on Binance's BTC/USDT spot market as of 2 a.m. ET on November 4. This rise extends a 24-hour gain of 1.83%, highlighting continued positive momentum for the largest cryptocurrency...
Bitcoin initially dropped below $76,000 following reports of a Democratic sweep in Congress but quickly recovered its losses within hours. The market reaction was influenced by the potential impact of the CLARITY Act, which aims to clarify regulatory...
Bitcoin and five other major cryptocurrencies saw price gains over 24 hours, with Bitcoin up 1.42% to $77,858 and Ether rising 1.79% to $2,291. Despite these gains, the total crypto market capitalization fell by 1.21% to $2.63 trillion, indicating mi...
Bitcoin dropped below $76,000 for the first time since mid-September, triggering nearly $250 million in leveraged position liquidations. The selloff was driven by $398.6 million in outflows from US spot Bitcoin ETFs, especially BlackRock's IBIT fund,...
