Spot Ether ETFs see outflows for second consecutive week amid ‘cooling demand’

Spot Ether ETFs see outflows for second consecutive week amid ‘cooling demand’

Spot Bitcoin ETFs attracted $446 million in weekly inflows, signaling renewed institutional confidence in BTC as Ether funds faced a second straight week of outflows. Spot Ethereum exchange-traded funds (ETFs) have logged two straight weeks of outflows amid cooling investor sentiment after months of strong inflows. According to data from SoSoValue, Ether (ETH) products collectively…

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‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs

‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs

Wealthy Bitcoin holders are moving billions into ETFs like BlackRock’s IBIT as tax benefits and SEC rule changes drive a shift away from self-custody. Bitcoin’s self-custody era may be coming to an end as wealthy holders increasingly transfer their assets into regulated exchange-traded funds (ETFs) amid tax incentives and improving institutional infrastructure. In a Wednesday…

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US political turmoil tests ‘institutional confidence’ as crypto ETFs bleed

US political turmoil tests ‘institutional confidence’ as crypto ETFs bleed

The outflows came as “No Kings” protests swept across the US amid a prolonged government shutdown and political division, deepening market risk aversion. US spot Bitcoin and Ethereum exchange-traded funds (ETFs) extended their losing streak Monday, marking another day of outflows as investor sentiment remained fragile amid mounting political and macroeconomic uncertainty. According to data…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Coinbase Ventures has invested in Indian exchange CoinDCX at a $2.45 billion valuation as the US crypto company expands into India and the Middle…

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