Bitcoin ETFs Extend Major Red Streak, But There Is a Light at the End of the Tunnel
The situation with the spot Ethereum ETFs is quite similar.
Crypto News·
U.S. spot Ethereum ETFs ended June 12 with $4.95 million in daily net outflows. Total trading value reached $483.85 million, while net assets stood at $9.16 billion. The funds accounted for 4.56% of Ethereum’s market capitalization after the latest update. …
Read full articleThe situation with the spot Ethereum ETFs is quite similar.
Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Standard Chartered digital-assets research head Geoffrey Kendrick said the drop likely set the cycle bottom in his latest note. Bitcoin fell toward $59,000 before rebounding…
The inflow into Bitcoin ETFs highlights institutional confidence in Bitcoin over Ethereum, potentially widening the performance gap. The post Bitcoin ETFs see $86M inflow as BlackRock’s IBIT leads with $58M appeared first on Crypto Briefing.
Bitcoin and XRP ETF inflows suggest cautious optimism, while Ethereum's outflows highlight potential liquidity and investor confidence issues. The post Bitcoin, XRP spot ETFs see inflows while Ethereum records outflows on June 12 appeared first on Crypto Briefing.
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