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Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak

Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avoiding outflows, even as spot ethereum ETFs bled for…

Continue ReadingBlackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak

Blackrock Files Final Pre-Launch Form for Bitcoin Covered-Call ETF, Analyst Gives 1-Week Window

Bloomberg Intelligence senior exchange-traded fund (ETF) analyst Eric Balchunas said on Thursday that Blackrock’s Ishares Bitcoin Premium Income ETF could be live on Nasdaq within a week after the firm…

Continue ReadingBlackrock Files Final Pre-Launch Form for Bitcoin Covered-Call ETF, Analyst Gives 1-Week Window

‘De-Worsified, Not Diversified’: Robert Kiyosaki Warns Investors on a Hidden Risk

Robert Kiyosaki says most people who think they are diversified are actually “de-worsified,” holding a pile of assets that all sink together when markets turn. Word Play With a Warning…

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Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto

Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not…

Continue ReadingBitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto

Bitcoin ETFs Bleed $91 Million as Ether ETFs Pull in $82 Million in Single-Day Rotation

U.S. spot bitcoin exchange-traded funds shed $91.37 million on June 8 even as their ether counterparts attracted $82.37 million, a one-day divergence that hints at capital rotating between the two…

Continue ReadingBitcoin ETFs Bleed $91 Million as Ether ETFs Pull in $82 Million in Single-Day Rotation