After a strong August, Bitcoin Spot ETFs faced $462.73 million in outflows from September 8-11, coinciding with Bitcoin's price dropping from about $79K to $77.3K. Major outflows came from Grayscale GBTC and Ark Invest's ARKB. Conversely, Ethereum ETFs diverged, recording a strong $216.4 million inflow on September 11, led by BlackRock's ETHA. Other altcoin ETFs showed mixed flows. Despite outflows, Bitcoin remains dominant, supported by a bullish investor sentiment indicated by the Crypto Fear and Greed Index in the 'Greed' zone. This suggests the outflows may be a temporary pause amid positive macroeconomic expectations.
Bitcoin recorded the highest funding rate among five major cryptocurrencies at 0.0100% every eight hours, equivalent to 10.9% annualized, indicating that traders holding long positions pay those with short positions. Its open interest decreased sligh...
Solana has averaged over 1,400 transactions per second this year, far surpassing competitors like BNB Chain. The upcoming Alpenglow upgrade is expected to reduce transaction finality from 13 seconds to just 150 milliseconds, significantly speeding up...
Bitcoin fell slightly by 0.47% to $81,722, underperforming the broader crypto market which saw a 3.75% drop in total market capitalization to $2.76 trillion. Other major cryptocurrencies like Ether, XRP, BNB, Solana, and Dogecoin also declined, with ...
On October 16, NEAR was the only altcoin spot ETF to attract fresh capital, with a net inflow of $2.61 million. In contrast, XRP, Solana (SOL), Chainlink (LINK), Hedera Hashgraph (HBAR), and Zcash (ZEC) experienced net outflows, continuing their rece...
Solana (SOL) experienced a 2.05% price decline within one hour, reaching $104 on Binance's spot market as of Oct. 16. Over the same period, long position liquidations totaled $1.8 million across Binance, Bybit, and OKX, while no short positions were ...
