The shift from Bitcoin to Ethereum ETFs may signal changing investor preferences, impacting future cryptocurrency market dynamics and allocations.
The post Bitcoin ETFs see $91M in outflows as Ethereum ETFs quietly absorb $82M appeared first on Crypto Briefing.
U.S. spot bitcoin exchange-traded funds shed $91.37 million on June 8 even as their ether counterparts attracted $82.37 million, a one-day divergence that hints at capital rotating between the two largest crypto assets. A Tale of Two ETF Markets The split lands in the middle of one of the roughest stretches for crypto funds since […]
Crypto ETF flows were split on Monday, June 8, as ether ETFs drew a strong $82.37 million inflow while bitcoin ETFs finished with a $91.37 million outflow. HYPE returned to positive flows, solana posted a small exit, and XRP ETFs saw no trading activity. Bitcoin ETFs Show Broad Demand Before IBIT’s $233M Exit Reverses Gains […]
In crypto news today (June 9), the market is sitting relatively flat, with Bitcoin barely holding on to $63,000 on this Tuesday after a +0.2 overnight move. Liquidations continue to slow, with just $301M in positions liquidated and, most notably, the split between longs and shorts is nearly even. Of the other major caps, Cardano..
The post Crypto News Today (June 9): BTC Holding $63K, Humanity Protocol Hacked for $32M, Ethereum ETFs Turn Green appeared first on 99Bitcoins.
Crypto ETF flows stayed under pressure from June 1 to June 5, with bitcoin funds posting a fourth straight week of withdrawals and ether ETFs also ending firmly negative. The weakness was not uniform, however, as HYPE and XRP ETFs drew inflows while solana slipped back into redemptions. Bitcoin and Ether ETFs Lose $1.89B While […]
The significant outflows from Bitcoin ETFs, led by BlackRock's IBIT, highlight potential investor uncertainty and market volatility concerns.
The post Bitcoin ETFs see $326M outflow as BlackRock’s IBIT leads the exodus appeared first on Crypto Briefing.
The US Bitcoin spot ETF market has carried its bearish momentum into June, recording substantial capital withdrawals during the first trading week of the month. The latest outflows come after a difficult May, as investor sentiment around Bitcoin continues to worsen amid strong macroeconomic uncertainty. Related Reading: Bitcoin Drops To $59,000 For First Time Since […]