-
US Bitcoin ETFs See Eight Days of Outflows, Totaling $12 Billion
US Bitcoin ETFs See Eight Days of Outflows, Totaling $12 BillionData shows that investors have pulled a total of $12 billion from US Bitcoin ETFs over the past eight trading days, ending September 6th. This marks the longest consecutive period of outflows since US spot Bitcoin ETFs launched earlier this year
-
Bitcoin ETF Outflows Weigh on BTC Price
Bitcoin ETF Outflows Weigh on BTC PriceThe US Bitcoin spot exchange-traded fund (ETF) has witnessed its longest streak of daily net outflows since the beginning of the year, indicating a broader retreat from risk assets in the US. According to Bloomberg data, investors withdrew close to $1
-
US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk Assets
US Bitcoin ETFs See Largest Single-Day Outflows Since Listing, Investors Exit High-Risk AssetsSeptember 9, 2023 - US Bitcoin ETFs experienced their longest single-day net outflows since their launch earlier this year, a move that reflects broader investor pullback from high-risk assets amid global market challenges. Data compiled by Bloomberg shows that investors pulled nearly $1
-
US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market Turmoil
US Bitcoin ETFs See Sustained Outflows, Bitcoin Price Rebounds Slightly Amid Market TurmoilUS Bitcoin ETFs have experienced their longest stretch of daily outflows since their launch earlier this year, as investors pull back from high-risk assets amid global market challenges. According to institutional data, investors withdrew nearly $1
-
Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm Payrolls
Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7
-
Bitcoin Plunges Over 7%, Breaking Below $52,900: Weak US Job Data, Institutional Outflows, and Miner Selling Pressure Intensify
Bitcoin Plunges Over 7%, Breaking Below $52,900: Weak US Job Data, Institutional Outflows, and Miner Selling Pressure IntensifyBitcoin (BTC) price experienced a significant drop on September 7, plummeting over 7% and breaking below $52,900 for the first time since late July. This sharp decline has sparked widespread concern among investors and cryptocurrency enthusiasts, with many speculating about Bitcoin's next move
-
Bitcoin Plunges Below $54,000 as Fed Rate Cut Expectations and Outflows Weigh
Bitcoin Plunges Below $54,000 as Fed Rate Cut Expectations and Outflows WeighBitcoin prices have plummeted again, falling more than 4% and breaking below $54,000. The second-largest cryptocurrency, Ethereum, has seen an even steeper decline, falling over 6%
-
Bitcoin Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at Correction
Bitcoin Could Dip Below $50,000: Falling Volume, ETF Outflows, and Historical Data Hint at CorrectionBitcoin has been facing multiple headwinds recently, with declining trading volume, slowing ETF inflows, and historical data suggesting a potential correction in September, potentially pushing the cryptocurrency below the critical psychological level of $50,000.Cyrus Ip, Head of Content at Bybit exchange, stated that while the current market conditions suggest minimal resistance to a pullback below $50,000, new catalysts or headlines could rapidly shift market sentiment, especially in a low-liquidity environment
-
The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and Macroeconomics
The Long and Winding Road to the "New High Consolidation Zone": BTC Navigates the Tightrope Between Capital Flows and MacroeconomicsFrom mid-March to the end of August, spanning over five months, the price of BTC oscillated repeatedly within the "new high consolidation zone," generating volatile market sentiment. During this period, global markets experienced volatile inflation and downward trends, ambiguous and clear expectations for US interest rate cuts, uncertain speculation about whether the economy would achieve a soft or hard landing, and significant market fluctuations triggered by different investors adjusting their positions as trends shifted
-
Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession Fears
Bitcoin ETF Outflows Hit $287 Million as BTC Drops Below $56,000 Amid Recession FearsBitcoin ETFs witnessed daily outflows of $287.8 million as risk-off sentiment in both crypto and traditional risk markets intensified
-
Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111
Ethereum Faces Selling Pressure as 19 Million ETH Flow into Exchanges, Price Could Drop to $2,111The amount of Ethereum (ETH) flowing into exchanges has been steadily increasing since August 31, indicating that holders are increasingly sending their tokens to exchanges for sale. Data from CryptoQuant shows that exchange wallets currently hold 19 million ETH, worth $47 billion, representing a 1
-
Bitcoin ETF Leads Capital Inflow, Crypto Market Shows Signs of Recovery: Latest Industry Updates
Bitcoin ETF Leads Capital Inflow, Crypto Market Shows Signs of Recovery: Latest Industry UpdatesThirteen out of the top 25 ETFs launched in the US this year are related to Bitcoin or Ethereum, with four spot Bitcoin ETFs taking the top four spots on the list of ETFs attracting the most capital inflow in the US this year. Nate Geraci, President of TheETFStore, said on social media, "Out of approximately 400 new ETFs listed in the US this year, the top four in terms of year-to-date capital inflow are all spot Bitcoin ETFs