Auto Added by WPeMatico

Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs

Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager,…

Continue ReadingSpot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs

Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how…

Continue ReadingResearch Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO

Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs)…

Continue ReadingEthereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO

OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest

The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year…

Continue ReadingOTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest

Market Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across…

Continue ReadingMarket Trends Favor Ethereum as ETF Launch Nears, Finds Bybit and Block Scholes Study

US Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap

The U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of net inflows on Thursday, marking five consecutive trading days of positive movement. The ETFs accumulated $78.93 million, with Blackrock’s…

Continue ReadingUS Bitcoin ETFs Continue Inflow Streak, Funds Now Hold 4.47% of BTC’s Market Cap

Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow 

According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported…

Continue ReadingExchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow 

US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions.…

Continue ReadingUS Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows

Singapore Exchange CEO Discusses Future of Crypto Listings

Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem,…

Continue ReadingSingapore Exchange CEO Discusses Future of Crypto Listings