The Future of Ethereum ETF from the Success of Bitcoin ETF
For many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
JinseFinanceFor many large groups of non-crypto native capital, Ethereum has much lower buy-in as a key portfolio allocation.
JinseFinanceBTC, ETF, $2.4 billion inflow in three weeks. Bitcoin ETF returns strongly. Golden Finance. Experts believe that the inflow of funds is due to the increase in global liquidity.
JinseFinanceBlackRock's Bitcoin ETF garnered $290 million, capturing 95% of U.S. spot Bitcoin ETF inflows and pushing total inflows past $300 million, significantly boosting market momentum.
MiyukiGBTC saw its first inflows since the spot ETF conversion.
JinseFinanceBlackRock's iShares Bitcoin Trust (IBIT) experiences longest period without inflows, signaling potential wane in investor interest. Bitcoin's price drops amidst increased outflows from Spot Bitcoin ETFs. Concerns arise about diminishing interest in Bitcoin ETFs despite their previous role in driving Bitcoin's price upward.
Huang BoBlackRock's IBIT recorded its first $0 inflow day, breaking a 71-day streak, while other ETFs also faced outflows, signaling a temporary market downturn.
MiyukiGolden Weekly is a weekly blockchain industry summary column launched by Golden Finance. The content covers key news of the week, mining information, project trends, technology progress and other industry trends.
JinseFinanceThere are two major narratives in the crypto market. First up, Bitcoin. Followed by Ethereum, and Ethereum may explode in 2024.
JinseFinanceRecommended reading for tonight: 1. Learn more about the upcoming Jupiter airdrop on Solana; 2. Meson tokens will be sold in the Coinlist community. One article to understand the Meson network; 3. One article to understand the RaaS platform AltLayer and its cooperative ecological projects;
JinseFinanceTwo ETF issuers filed two new and innovative applications for an inverse fund and a leveraged fund.
Cointelegraph