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XRP, SOL, and DOGE ETFs Among 72 Proposals Awaiting SEC Approval This Year

The US Securities and Exchange Commission (SEC) is preparing to tackle a significant influx of cryptocurrency-related exchange-traded fund (ETF) applications. Currently, 72 such proposals are awaiting approval, ranging from funds…

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Bitcoin’s Outflows Are Signaling Big Things Despite Recent Profit-Taking

Bitcoin briefly surpassed $88,000 earlier this week, amidst a recovery following several catalysts, including GameStop’s surprise $1.3 billion capital raise for Bitcoin allocation. Despite this surge, the crypto asset quickly…

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Spot Bitcoin ETFs Hit Critical Turning Point as Flows Stabilize: CryptoQuant

In the past few trading days, the United States spot Bitcoin exchange-traded funds (ETFs) market has witnessed a positive reversal in investor flows. However, the on-chain analytics firm CryptoQuant says…

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Bitcoin ETFs in the Green Again, But Ethereum Still Bleeding Funds

The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products…

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Bitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)

Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the…

Continue ReadingBitcoin Futures Open Interest Takes a Hit – Down 35% in 2 Months (Glassnode)