Key Highlights Bitcoin needs sustained trading above $86,500 to move roughly 1.39 million BTC into profit and clear a path toward its $87,722 yearly opening price. U.S. spot Bitcoin ETF inflows reached $170.2 million on Oct. 1, partially restoring demand after about $149 million in outflows the previous day. Bitfinex analysts identified sustained trading below ...
Key Highlights Spot Bitcoin ETFs recorded approximately $148.7 million in net outflows in a single day. Fidelity’s FBTC fund led withdrawals with approximately $125.6 million, while BlackRock’s IBIT ended a nine-day inflow streak. Despite the outflow, spot Bitcoin ETFs have attracted more than $57 billion in cumulative net inflows since launching in January 2024. Spot ...
Key Highlights: Citi raised its Bitcoin target from $82,000 to $113,000. The bank increased its Ethereum target from $2,240 to $3,028. Citi expects approximately $5 billion in crypto-asset inflows over the next 12 months, with growth likely to be slower but more stable. Citi Raises Bitcoin and Ethereum Price Targets Citi has raised its Bitcoin ...
Key Highlights BlackRock’s iShares Bitcoin Trust (IBIT) recorded approximately $1.02 billion in net inflows across four consecutive trading sessions from September 17 to 22, capturing 44% of total U.S. spot Bitcoin ETF flows. Total U.S. spot Bitcoin ETFs attracted $2.31 billion during the same period, signaling sustained institutional and retail appetite for regulated crypto exposure ...
Key Highlights U.S. spot Bitcoin ETFs attracted a net inflow of $159.45 million on September 17, rebounding after a single day of outflows, led by BlackRock’s IBIT with $183.66 million. Spot Ethereum ETFs saw a third consecutive day of net outflows totaling $39.24 million, with BlackRock’s ETHA recording the largest single-fund withdrawal of $42.86 million. ...
The U.S. Senate failed to advance the Digital Asset Market Clarity Act on Tuesday, rejecting a procedural motion to begin debate on the legislation by a narrow 49-50 vote. The measure, formally known as H.R. 3633, required 60 votes to overcome a filibuster and fell 11 votes short of the threshold needed to proceed. Party ...
Bitcoin surged 24% in August, marking its strongest monthly gain since November 2024. After the sharp rally, the cryptocurrency stabilized near $78,000 as high oil…
US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday, led by BlackRock, while spot Ether, $XRP and Solana ETFs extended their positive…
The Winklevoss Bitcoin ETF has faced sharp criticism from prominent media outlets, including Mad Magazine and The Atlantic, which described its filing as one of…
Bitcoin ETFs End Nine-Day Inflow Streak U.S. spot bitcoin exchange-traded funds (ETFs) ended a nine-session run of daily inflows on August 28, recording approximately $202…
Bitcoin pulled back on Friday afternoon after a powerful rally fueled by heavy buying from U.S. spot Bitcoin exchange-traded funds (ETFs). The leading cryptocurrency was…