Bitcoin ETF Sees $287M Outflow
Bitcoin ETFs faced $287M outflows, notably $208.2M from @Fidelity and $112.6M from @ARKInvest, amid $BTC dip to $94,214, signaling declining institutional interest. #Update #ETF @Fidelity ↘ (-3)
Bitcoin ETFs faced $287M outflows, notably $208.2M from @Fidelity and $112.6M from @ARKInvest, amid $BTC dip to $94,214, signaling declining institutional interest. #Update #ETF @Fidelity ↘ (-3)
Bitcoin spot ETFs have seen an inflow of $475 million, with @Fidelity’s FBTC leading at $254.37 million, while Ethereum spot ETFs attracted $301.39 million in three days, highlighting investor confidence and market maturity. #Update #ETF @Fidelity ↗ (+6)
US-listed Bitcoin and Ether ETFs recorded $38.3B in net inflows in their launch year, with 80% demand from retail; analysts foresee institutional growth by 2025. #ETF @Cointelegraph ↗ (+3)
Bitcoin reserves on exchanges rise by 20,000 BTC, signaling potential market volatility amid South Korea’s political turmoil and increased trading activity. #Update #Crypto @CryptoQuant ↘ (-3)
ProShares files Bitcoin-hedged ETFs, covering S&P 500, Nasdaq 100, and Gold, investing 80% in convertible bonds, aiming to hedge USD exposure with BTC futures. #Update #ETF @ProShares ↗ (+4)
Galaxy Research predicts US government agencies will explore an “expanded Bitcoin reserve policy” in 2025, but no $BTC purchases are planned. #Update #Crypto @GalaxyResearch → (0)
@Microstrategy leads with 444,262 $BTC as top 60 public companies amass 591,368 BTC, revealed by Michael Saylor on X. #Update #Crypto @Microstrategy ↗ (+7)
Bitcoin exchange reserves surge as traders brace for potential market shift, signaling increased anticipation of volatility. #Update
Bitcoin ($BTC) fell below $95K while Ethereum ($ETH) dropped to $3,329 amid holiday trading slowdown; $FTT and $ZEC among top losers. #Update #Crypto @CoinGapeMedia ↘ (-3)
Bitcoin price retests support line in Ascending Channel after drop below $95,000, targeting $110,000 if support holds, despite bearish pressure. #Update #Crypto @Bitcoin ↗ (+3)
Eric Semler, chairman of @SemlerScientific, predicts more companies will adopt the bitcoin standard, calling non-ownership “irresponsible,” attributing slow adoption to conservative institutional approaches. #Update #Crypto @SemlerScientific ↗ (+3)
Six mutual funds tracking $BTC will debut in Israel on Dec. 31 after approval from the Israel Securities Authority (ISA), with fees from 0.25% to 1.5%, featuring @MigdalCapital, @More, @Ayalon, @PhoenixInvestment, @Meitav, and @IBI. #Update #Crypto @MigdalCapital ↗ (+4)
According to @Polymarket, bettors show 30% confidence in $BTC reaching $100,000 by year-end, but 21% believe it could hit $150,000 by March 2025, highlighting mixed sentiment on Bitcoin’s future. #Update #Crypto @Polymarket ↗ (+3)
Bitcoin’s landmark year sees @CryptoCom launch a new custody service amid Russia’s partial crypto mining ban and US taxes on staking rewards. #Update #Crypto @CryptoCom ↗ (+3)