Bitcoin ETFs outperform Ether ETFs as BlackRock’s IBIT leads peers
Bitcoin ETFs have attracted $5B net inflows while Ether ETFs have seen $500M net outflows. BlackRock’s IBIT leads with over $224M in a single day, currently holding over 350,000 BTC. Ether ETFs are struggling due to liquidity issues and Grayscale’s $2.5B outflows. Recent trends in the cryptocurrency exchange-traded funds (ETF) market have highlighted a significant […]
Bitcoin hits $54,900 as BlackRock’s IBIT trades $1B
Bitcoin hits $54,900 for first time since 2021 as BlackRock’s IBIT trades $1 billion shares. BTC price is rising amid analyst predictions for a halving explosion. Bitcoin is eyeing a pre-halving breakout as its price jumped above $54,900 for the first time since early December 2021. On crypto exchange Coinbase, Bitcoin price reached highs of […]