Extended crypto ETF outflows shows institutions disengaging: Glassnode

Extended crypto ETF outflows shows institutions disengaging: Glassnode

Bitcoin and Ether ETFs have recorded sustained outflows since early November, which Glassnode says signals institutional disengagement. Bitcoin and Ether exchange-traded funds have seen a prolonged streak of outflows, indicating that institutional investors have disengaged with crypto, says the analytics platform Glassnode. Since early November, the 30-day simple moving average of net flows into US…

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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: The International Monetary Fund is pressing El Salvador to sell its Chivo Bitcoin wallet as part of ongoing negotiations. Ether ETFs snapped an outflow…

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BlackRock exec says ‘perfectly normal’ as IBIT sees .3B outflows in Nov

BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov

BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion. BlackRock’s spot Bitcoin exchange-traded fund (ETF) closed November under pressure after experiencing heavy withdrawals, but the asset manager remains confident in its long-term outlook for the product. Speaking in São Paulo, BlackRock business development director…

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BitMine sits on .7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF

BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s staked ETH ETF

BitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research. Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries. BitMine Immersion Technologies, the world’s…

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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, CoinShares reported Monday that crypto investment products saw their largest outflow of funds since February amid an ongoing period of market panic, Bitcoin briefly…

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Solana ETFs see inflows for 4th consecutive day amid ‘capital rotation’ from Bitcoin, Ether funds

Solana ETFs see inflows for 4th consecutive day amid ‘capital rotation’ from Bitcoin, Ether funds

Kronos Research’s Vincent Liu expects Solana ETF inflows to continue next week, noting that rotation from Bitcoin and Ether will likely persist. Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL)…

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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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