Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETF
Crypto Bull Run Begins? Bitcoin & Ethereum Surge Amid Conference Hype, ETF Launch
The post Crypto Bull Run Begins? Bitcoin & Ethereum Surge Amid Conference Hype, ETF Launch appeared first on Coinpedia Fintech News The crypto market is on the upswing, thanks to the buzz around the Bitcoin Conference 2024 and the excitement over Ethereum ETFs. This renewed interest has sparked a surge in investor enthusiasm for digital assets. As a result, Bitcoin has experienced an 8% recovery from a recent dip, while Ethereum’s price is currently hovering around $3,275. Why Crypto Market…
11 months ago
Ethereum ETF Experiences A Significant Outflow Despite Increased Inflows!
The post Ethereum ETF Experiences A Significant Outflow Despite Increased Inflows! appeared first on Coinpedia Fintech News On 26th July, 5 out of 9 ETH ETFs recorded a positive inflow, with Blackrock’s “ETHA” recording the highest inflow with $87.2 Million, followed by Grayscale’s “ETH” with $44.9 Million, and Fidelity’s “FETH” with $39.3 Million. Bitwise and Franklin recorded an inflow of $16 Million and $6.2 Million. Notably, 21 Shares, Invesco, and VanEck have recorded a neutral flow. However, Grayscale’s “ETHE” has…
11 months ago
Ethereum (ETH) ETF Approved by SEC: Altcoin Investors Flock to New Crypto Presale Token for Massive Gains!
The post Ethereum (ETH) ETF Approved by SEC: Altcoin Investors Flock to New Crypto Presale Token for Massive Gains! appeared first on Coinpedia Fintech News In a significant move, the Securities and Exchange Commission (SEC) has approved the Ethereum ETF, sparking enthusiasm within the cryptocurrency community. This decision is a milestone for Ethereum, signalling its increasing acceptance and integration into financial markets. Ethereum (ETH) ETF: A New Approach to Crypto Investments The approval of the Ethereum ETF represents a major…
11 months ago
Grayscale’s Ethereum ETF Loses $1.15B in The First Three Days of ETF Trading
The post Grayscale’s Ethereum ETF Loses $1.15B in The First Three Days of ETF Trading appeared first on Coinpedia Fintech News The start of US spot Ethereum exchange traded funds has been quite strange. After the SEC approval, 8 out of 9 ETFs began trading on Tuesday. While one ETF saw heavy inflows, Grayscale’s converted fund, ETHE, experienced significant outflows. Let’s find out why Grayscale, a management firm, is facing such outflows. The launch of ETH ETFs Everyone knows that…
11 months ago
Ethereum ETF Outflow Streak Continues For The Second Day!
The post Ethereum ETF Outflow Streak Continues For The Second Day! appeared first on Coinpedia Fintech News On 25th July, 6 out of 9 ETH ETFs have recorded a positive inflow. Blackrock’s “ETHA” leads with an inflow of $70.9 Million, followed by Grayscale’s “ETH” with $58.1 Million, Fidelity’s “FETH” with $34.3 Million, Bitwise’s “ETHW” with $16.3 Million, VanEck’s “ETHV” with $8 Million, and Invesco’s “QETH” with $6.2 Million. Notably, Grayscale’s “ETHE” has recorded an outflow of $346.2 Million. This has…
11 months ago
Tags
ETFTags
ETFBlackRock’s IBIT ETF with $70.75M Surge Outshines Competitors!
The post BlackRock’s IBIT ETF with $70.75M Surge Outshines Competitors! appeared first on Coinpedia Fintech News On July 25th, BlackRock’s IBIT ETF recorded a significant 1-day net inflow of $70.75 million, contributing to a cumulative net inflow of $19.7 billion. Fidelity’s FBTC ETF also showed strength with a positive net inflow, bringing its cumulative total to $9.99 billion. In contrast, Grayscale’s GBTC ETF experienced a notable net outflow of $39.59 million. Remarkably, BlackRock’s IBIT ETF has only witnessed one day…
11 months ago
Bullish First Day for Ethereum ETF Inflows – Could This Upcoming ERC-20 Listing Benefit?
The post Bullish First Day for Ethereum ETF Inflows – Could This Upcoming ERC-20 Listing Benefit? appeared first on Coinpedia Fintech News Ethereum ETFs are gaining momentum after launching on Tuesday, and analysts think this could be massive for Ether’s long-term success. In perfect timing, the new ERC-20 token WienerAI is closing out its presale and is set to make its exchange debut. ETH ETFs Reshuffling But Analyst Brace For Long-Term Gains There is a lot of trading activity around…
11 months ago
Cardano ETF Hype Heats Up: Could ADA Hit $3.10 Again?
The post Cardano ETF Hype Heats Up: Could ADA Hit $3.10 Again? appeared first on Coinpedia Fintech News After the success of Bitcoin and Ethereum ETFs, attention is now turning to Cardano (ADA), with rumors about a possible Cardano ETF gaining traction. Recently, Cardano Founder Charles Hoskinson sparked optimism with a tweet suggesting that a Cardano ETF might be on the horizon. Could this new development push the Cardano (ADA) price back to its all-time high of $3.10? Is Cardano…
11 months ago
Cardano ETF Up Next? ADA Founder Hints Amidst Ethereum ETF Buzz
The post Cardano ETF Up Next? ADA Founder Hints Amidst Ethereum ETF Buzz appeared first on Coinpedia Fintech News As the spot crypto ETF race intensifies, there are growing speculations of more crypto ETFs. After Ethereum’s spot ETF recently started to trade, the focus has now shifted to ADA. The Cardano founder recently responded to a question from Tap Tools on the X platform. It questioned whether the ADA ETF is up next, to which Hoskinson replied with a playful…
11 months ago