Bitcoin ETFs See $263.95M Outflow While Ethereum ETFs Gain $35.7M

Share This Post

BlackRock’s iShares Bitcoin Trust

The post Bitcoin ETFs See $263.95M Outflow While Ethereum ETFs Gain $35.7M appeared first on Coinpedia Fintech News

On November 27, Bitcoin ETFs registered a net outflow of 2,756 $BTC ($263.95M), with Grayscale (GBTC) leading the losses, shedding 1,677 $BTC ($160.63M). Grayscale now holds 215,941 $BTC (~$20.68B). On the other hand, Ethereum ETFs posted a net inflow of 10,067 $ETH ($35.7M). BlackRock drove the gains with a 15,146 $ETH ($53.7M) inflow, boosting its holdings to 625,576 $ETH (~$2.22B). The contrasting trends reflect diverging sentiment in institutional demand for BTC and ETH.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Is BONK Rally In Jeopardy? Technical Indicators Confirm Weakness

BONK is facing mounting bearish pressure as technical indicators signal growing weakness in the market After a brief attempt to stabilize, the token appears to be losing momentum dropping again

Foresight Ventures Launches New York Strategic Office at One World Trade Center

Singapore, 27 Nov 2024 – Foresight Ventures, a global leader in crypto and Web3 investments, is solidifying its presence in the United States by launching a new office at the iconic One World

Standard Chartered calls stablecoins crypto’s first ‘killer app’

According to a Standard Chartered report, stablecoins are shifting from initial use in crypto exchanges to broader applications in global finance The study indicates that stablecoins are increasingly

Ripple Vs SEC Update: Key Win For Ripple As Court Speeds Up XRP Lawsuit Judgment

The post Ripple Vs SEC Update: Key Win For Ripple As Court Speeds Up XRP Lawsuit Judgment appeared first on Coinpedia Fintech News Ripple Labs has secured a major victory in the XRP lawsuit as a US

Best Cryptos to Buy Today: Crypto Gurus Talk High of Qubetics Presale, Amid a Strong Show by Cardano and Kaspa

The post Best Cryptos to Buy Today: Crypto Gurus Talk High of Qubetics Presale, Amid a Strong Show by Cardano and Kaspa appeared first on Coinpedia Fintech News The crypto market is never short on

Uniswap Price Analysis: Here’s Why UNI Price Can Jump Another 30%

The post Uniswap Price Analysis: Here’s Why UNI Price Can Jump Another 30% appeared first on Coinpedia Fintech News Story Highlights The UNI price soared over 47% in the last seven days The TVL has