Funds
Spot Bitcoin ETFs Lead $332M Inflows as Ethereum Funds Bleed
Spot Bitcoin exchange-traded funds (ETFs) recorded $332.7 million in net inflows on Tuesday, outpacing their Ethereum counterparts, which saw $135.3 million in net outflows, according to data from SoSoValue. Fidelity’s FBTC led the surge, attracting $132.7 million, followed by BlackRock’s IBIT with $72.8 million. Additional inflows were reported across other major issuers, including Grayscale, Ark […]
Investment Advisers Outpace Hedge Funds in Bitcoin and Ether ETFs
Investment advisers are the largest trackable cohort outside of retail that are buying Bitcoin and Ether exchange-traded funds, according to new data from Bloomberg Intelligence. Bloomberg ETF analyst James Seyffart said in an X post on Wednesday that investment advisers are “dominating the known holders” of Ether ETFs, investing over $1.3 billion or 539,000 Ether […]
Crypto Funds Bleed With Nearly $1B Outflows in BTC and ETH
Cryptocurrency investment products expanded their losses on Tuesday, with Bitcoin fund outflows surging more than 300% and Ether losses doubling, both ranking as the second-largest outflows this month. Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw $523 million in outflows on Tuesday, rising more than fourfold from Monday, according to Farside Investors data. Ether (ETH) ETFs […]