Inflows

ETH’s Inflows Hit $33.5M With SEC’s Approval of Spot Ethereum ETF

ETH’s Inflows Hit $33.5M With SEC’s Approval of Spot Ethereum ETF

Leave a Comment / ETH’s, Inflows /

Ethereum is seeing a turnaround in sentiment owing to the SEC approval of a spot Ether ETF that is set to go live sometime next month. According to CoinShares’ latest report, Ethereum-based investment products experienced a second consecutive week of inflows marking a reversal from a 10-week outflow streak amounting to $200 million. Over the […]

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This is How Bitcoin ETF Inflows Are Affecting BTC’s Price Movement

This is How Bitcoin ETF Inflows Are Affecting BTC’s Price Movement

Leave a Comment / Bitcoin, Inflows /

Inflows from the new spot Bitcoin exchange-traded funds (ETFs) are the major reason BTC has experienced a significant uptick, surpassing the $50,000 level and exceeding $52,000. According to a tweet by Marc van der Chijs, Bitcoin investor and founder of several crypto firms, including miner Hut 8, ETF issuers are buying more than 10-12x the

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