카지노사이트 헤라카지노；바카라사이트；카지노사이트킴

식보 공략하기；온라인바카라

Semilore Faleti — Sun, 20 Oct 2024 12:00:19 +0000

The US-based spot Bitcoin ETFs produced a magnificent performance in the past week recording $2.1 billion in net inflows. Meanwhile, their Ethereum counterparts have finally turned the corner registering their third positive weekly inflows since their trading debut in July.

Spot Bitcoin ETFs Record Highest Daily Inflow Since June

After a return to positive net flows in the second week of October, the spot Bitcoin ETFs attracted massive levels of investments in the past week which began with $555.86 million worth of inflows recorded on Monday, October 14, representing the highest daily inflows witnessed by these ETFs since June 4.

According to data from SoSoValue, these Bitcoin ETFs experienced positive investments of similar sizes for the rest of the week culminating in a total inflow of $2.18 billion, which is the fourth-highest weekly net flow registered by these investment funds since their launch in January.

Of these reported figures, over $1.14 billion was invested in BlackRock’s IBIT, which retains its position as the largest spot Bitcoin ETF with cumulative net inflows of $22.84 billion. Unsurprisingly, Fidelity’s FBTC came a distant second with inflows valued at $318.82 million. Bitwise’s BITB also attracted investments valued at $149.81 million while Grayscale’s GBTC broke a 21-week streak of outflows, recording its largest weekly inflow of $91.47 million. All other spot Bitcoin ETFs except Hashdex’s DEFI also experienced significant levels of inflows albeit below $50 million. Presently, the cumulative total net inflows of the spot Bitcoin ETFs stand at $20.98 billion. Meanwhile, these investment funds hold total net assets of $66.11 billion i.e. 4.89% of the Bitcoin market cap. These figures being achieved within ten months of trading demonstrate the enormous potential of these ETFs in driving Bitcoin adoption.

Spot Ethereum ETFs Back To Positive Netflows

In the past week, the spot Ethereum ETFs also recorded positive weekly inflows to the tune of $78.98 million. While this figure seems significantly small compared to that of the Bitcoin ETFs, it represents the third positive net flow in thirteen weeks of trading. Similar to their Bitcoin counterpart, BlackRock’s ETHA accounted for the majority of the reported figures with a $49.76 million inflow while Fidelity’s FETH emerged second, attracting investments valued at $43.52 million. The spot Ethereum ETFs continue to report a negative cumulative total net outflow of $479.99 million while holding 2.31% of the Ethereum market cap represented in $7.35 billion ETH. At the time of writing, Ethereum trades at $2,649 with a 0.49% gain on the past day. Meanwhile, Bitcoin is valued at $68,168 following a minor decline in the last 24 hours.

사이다카지노 【보증업체】 가입코드 이벤트 쿠폰

Semilore Faleti — Sun, 13 Oct 2024 12:00:33 +0000

According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the past week, representing a return to the market’s positive trajectory after a bearish first week in Q4 2024. Meanwhile, the Spot Ethereum ETFs still retain a negative performance despite a reduction in net outflows.

Spot Bitcoin ETFs Halt Three-Day Decline With $254 Million Inflow

Following the $300 million net outflow recorded in the first week of October, the spot BTC ETF market opened last week on a positive note recording net inflows of $236.19 million on Monday, October 7. However, these investment funds soon experienced a three-day downturn resulting in cumulative outflows of $179.98 between October 8-10.

On Friday, October 12, these Bitcoin ETFs registered aggregate inflows of $253.54 million, representing the highest daily capital investment over the past two weeks. The majority of these gains came from Fidelity’s FBTC which attracted inflows of $117.10 million. Ark & 21 Shares ARKB also saw inflows of $97.58 million, while Bitwise’s BITB garnered $38.81 million from investors. Meanwhile, VanEck’s HODL and Invesco’s BTCO also recorded significant inflows of $14.26 million and $7.88 million. All other Bitcoin spot ETFs including BlackRock’s IBIT experienced zero inflows, except Grayscale’s GBTC which produced a net outflow of $22.09 million. Following the recent weekly gains, the total net assets of the spot Bitcoin market increased to $58.66 billion, representing 4.71% of the BTC market cap. BlackRock’s IBIT accounts for about 40% of these assets holding 369,640.1 BTC, valued at $23.30 billion. Grayscale’s GBTC initially ranked as the largest Bitcoin spot ETF holding 600,000 BTC tokens. However, massive levels of outflows valued at $20.19 billion allow the fund to sit second with 220,177.5 BTC valued at $13.85 billion.

Spot Ethereum ETFs Maintain Negative Return Streak

In other news, the spot Ethereum ETFs produced another dismal performance in the past week, recording net outflows of $5.22 million. While this value represents a $25.47 million reduction from the figures reported in October’s first week, it marks the 10th week of negative returns in the 12 trading weeks for the Spot Ether ETFs. Interestingly, these funds only recorded a single day of daily inflow ($3.06 million) in the past week.

The total net outflows of spot Ethereum ETFs are currently valued at $558.88 million. Meanwhile, the total value traded in this market stands at $143.54 million. At the time of writing Ethereum trades at $2,459 with a 0.78% gain in the last day, while Bitcoin remains valued at $62,725 following a 0.22% price rise in the same period.

Featured image from Crypto Valley Journal, chart from Tradingview