Uncategorized

$117 Million Pours Into Bitcoin ETFs as Investors Eye Rebound

On Tuesday, Bitcoin exchange-traded funds (ETFs) received inflows totaling approximately $117 million. Leading this surge, Fidelity’s Bitcoin Fund (FBTC) captured around $63 million in net inflows. Consequently, FBTC’s eight-month total inflows now stand at $9.5 billion. BlackRock’s Bitcoin ETF Yet to Record Inflows On the same day, Grayscale’s Bitcoin Mini Trust (BTC) and ARK Invest/21Shares’ […]

Uncategorized

Ethereum (ETH) Price Shows Signs of Recovery After The Summer Decline

TLDR: Ethereum (ETH) price has been declining since March despite ETH ETF launches Technical indicators suggest a potential price breakout for ETH Whale interest in ETH is slowly reemerging after summer market slump ETH exchange inflows are reducing, possibly signaling easing sell pressure Positive funding rates indicate optimism among ETH futures traders Ethereum, the second-largest […]