ETF

On-chain data shows whale activity on the Ethereum blockchain has been quite high recently due to the excitement around the spot exchange-traded funds (ETFs). Ethereum Whales Showing Significantly Higher Activity Than Bitcoin Ones According to data from the on-chain analytics firm Santiment, Ethereum whales have been displaying considerable activity recently. The indicator of relevance here is the “Whale Transaction Count,” which keeps track of the total amount of transfers happening on any given network carrying a value of at least…

BlackRock’s iShares Bitcoin Trust (IBIT) marked a monumental achievement this Monday, recording an inflow of $526 million. This event represents the ETF’s largest single-day gain since March 13, 2024.  Notably, it also represents IBIT’s seventh-largest daily inflow, with 7,759 Bitcoin added to its holdings. Bitcoin Price Action Neutral Despite Strong Inflows Amid a daily mining output of just 450 BTC, total ETF acquisitions reached approximately 7,860 BTC, valued at around $533 million. This demand shock indicates a positive momentum for…

Bitcoin’s (BTC) price surged to a one-month high, exceeding $67,000, following weeks of downward trends. This price improvement coincides with several improved metrics for the flagship digital asset. Why Bitcoin Price is Soaring On July 19, Bitcoin’s price increased by about 5%, reaching a one-month high of $67,386—BTC’s highest value since June 13. However, it has slightly retraced and was trading at approximately $66,554 as of press time. Market analysts link this price improvement to several factors, including the end…

The post Franklin Templeton Endorses Solana, Sparks Solana ETF Speculations! appeared first on Coinpedia Fintech News Franklin Templeton has recently endorsed Solana sparking speculations about a potential spot Solana ETF. Just yesterday, Franklin Templeton’s Ethereum ETF debuted, attracting $13.2 million in initial inflows. Moreover, its Bitcoin ETF holds assets exceeding $450 million.  Franklin Templeton Next To File Spot Solana ETF? “Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward.…

The post Top Altcoins to Lock In Before Ethereum ETF Launch appeared first on Coinpedia Fintech News With the rising volatility in the cryptocurrency market, Dogecoin (DOGE) and Shiba Inu (SHIB) have garnered significant attention.  Dogecoin (DOGE), known for its meme origin, has consistently shown strong community support and significant transactional volumes.  The upcoming Ethereum ETF launch is set to inject fresh momentum into the market. Dogecoin (DOGE) and Shiba Inu (SHIB), with their large followings and market influence, are…

The much-anticipated launch of several Ethereum-based spot exchange-traded funds (ETFs) failed to ignite a significant Ethereum (ETH) price rally. Despite considerable trading volumes and large inflows for the “newborn” ETFs on their first day, the Grayscale outflows have been too massive (once again) to propel the Ether price upwards. Ethereum ETFs Start Strong, But Grayscale … Eric Balchunas, a senior ETF analyst at Bloomberg, shared via X (formerly Twitter), “DAY ONE in the books for Eth ETFs who did $1b…

The post Top 10 Cryptos to Buy During Ethereum’s ETF Approval: Pawfury Leads the Charge appeared first on Coinpedia Fintech News Discover the top 10 cryptos to buy during Ethereum’s ETF approval, featuring Pawfury as a standout investment option. Pawfury (PAW) Emerges as a Compelling Investment Opportunity In the rapidly evolving cryptocurrency market, Pawfury (PAW) is garnering significant attention from investors and analysts alike. Founded recently, Pawfury has achieved substantial milestones, showcasing its potential as a promising player in the…

The post Ethereum ETF Makes Its Debut, Surpasses $1 Billion On Day One! appeared first on Coinpedia Fintech News On Monday, the U.S. Securities and Exchange Commission has launched 9 Ethereum ETFs. Bitwise’s “ETHW” recorded the highest inflow of $204 Million, followed by Fidelity’s “FETH” with $71.3 Million. Franklin’s “EZET” recorded an inflow of $13.2 Million, 21 Shares, and VanEck recorded an inflow worth $7.6 Million and $7.5 Million. Notably, Grayscale’s Ethereum mini trust recorded an inflow of $15.1 Million,…

The post Bitcoin ETF Inflow Streaks Ends, Records An Outflow Of Approximately $150 Million! appeared first on Coinpedia Fintech News Reportedly, 7 out of 10 Bitcoin ETFs recorded a neutral flow for the first time this month on 23rd July (yesterday). Bitwise’s “BIBT” has recorded the highest outflow with $70.3 Million. Ark 21 Shares Bitcoin ETF has recorded an outflow of $52.3 Million, followed by, Grayscale’s “GBTC” with $27.3 Million. With this, the total outflow for the day was $149.9…