U.S. spot bitcoin ETFs have experienced 13 consecutive days of outflows, shedding $4.37 billion since mid-May, with total assets dropping from $104.29 billion to $82.83 billion. Ether, Solana, and XRP ETFs have also joined the outflow trend, reversing previous inflows as crypto prices decline. BlackRock's IBIT and Fidelity's FBTC led the redemptions, while Hyperliquid's HYPE ETFs remain the only major crypto ETF category attracting new investments. The sustained outflows are impacting market sentiment, with Citi noting that bitcoin ETF flows significantly influence BTC price movements. Grayscale recently launched a competing Hyperliquid product, HYPG, aiming to capture investor interest during this challenging period for crypto ETFs.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
The XRP Ledger's fixCleanup3_2_0 amendment has entered its final two-week activation countdown after securing 85.71% validator support, surpassing the required 80% threshold. This upgrade bundles multiple protocol fixes for lending, permissioned doma...
