FLOW

The post Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million! appeared first on Coinpedia Fintech News On 12th August, Fidelity’s “FETH” recorded the highest inflow of $4 Million, followed by Bitwise’s “ETHW” with $2.9 Million, and Franklin’s “EZET” with $1 Million. Notably, Grayscale’s “ETHE” has recorded a neutral outflow for the first time over the past 24 hours. Moreover, 5 out of 9 ETH ETFs have recorded a neutral flow. Conversely, VanEck’s “ETHV” has…

The post Ethereum Spot ETF Records A Flow Of $15.8 Million, Grayscale’s “ETHE” Outflow Streak Continues! appeared first on Coinpedia Fintech News Reportedly, on Friday, Blackrock’s “ETHA” continues to lead with an inflow of $19.6 Million, followed by Fidelity’s “FETH” with $3.9 Million, and Grayscale’s “ETH” with $2.4 Million. Notably, Bitwise, 21 Shares, VanEck, Franklin, and Invesco have each recorded a neutral outflow for the day. Conversely, Grayscale’s “ETHE” has recorded an outflow for the 14th consecutive day of $41.7…

Tortola, BVI, July 25th, 2024, Chainwire The Tanssi appchain infrastructure protocol has announced a significant collaboration with Grupo Flow, one of Brazil’s largest media ecosystems, boasting over 23 million subscribers across multiple platforms. As Grupo Flow transitions into the blockchain space with the creation of Flow Chain, this collaboration signifies a milestone. Tanssi will facilitate this move, not only bringing Grupo Flow's vast community into the blockchain realm but also connecting them with Polkadot’s vibrant and interoperable ecosystem. This strategic…

The post Top Altcoins to Buy as Billions Flow into Bitcoin ETFs; Render, BONK, and DTX Exchange Under Watch appeared first on Coinpedia Fintech News Many altcoins are gaining traction amidst the influx of billions into Bitcoin ETFs. Render (RNDR), Bonk (BONK), and DTX Exchange (DTX) are among the top altcoins that are drawing attention from investors. With the recent market corrections and heightened volatility, these altcoins present unique opportunities and risks at the same time. Render (RNDR) Prepares For…

The post German Government Moves The Last 3846 BTC To Flow Traders appeared first on Coinpedia Fintech News Germany has sold off more than 46,000 BTC before today. In the latest update, the last 3846 Bitcoins worth $223.81 million were moved to Flow traders and 139Po. The German government now has 0 Bitcoins remaining. The weeks-long selloff of the Bitcoin in the account has triggered multiple crypto market downtrends which largely kept the price of Bitcoin below $60,000. With the…

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a note to investors that the Spot Ethereum ETFs could record $15 billion in net inflows in their first 18 months of trading. He elaborated on how he arrived…

Hong Kong banks are preparing to offer Bitcoin and Ethereum ETFs, promising a significant shift in the financial landscape. Regulatory approvals and talent acquisition are pivotal before these ETFs can be listed. As the financial landscape evolves, Hong Kong banks are gearing up to introduce Bitcoin and Ethereum ETFs to their clientele. Although mainstream brokerage firms have commenced the distribution of cryptocurrency spot ETFs, banks are pending entry. This initiative aligns with the recent CNF update where Hong Kong’s Securities…

The cryptocurrency market is buzzing with renewed optimism as investment funds witness a historic inflow surge. CoinShares, a leading digital asset manager, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, now spanning five consecutive weeks, has propelled total assets under management (AUM) in crypto funds back above the coveted $100 billion mark, a level last seen in March 2024. Bitcoin ETFs Fueling The Fire…

The post Ethereum ETF Poised to Steal 20% Of Bitcoin ETF’s Money Flow, Here’s Why appeared first on Coinpedia Fintech News Last week, U.S. Bitcoin ETFs saw a record $1.8 billion in inflows, marking their 19th consecutive day of increased demand. Many people in the crypto community think that once Spot Ethereum ETFs go live, Ethereum could attract 10% to 20% of the money currently flowing into spot Bitcoin ETFs.  As, the agency is reviewing S-1 registration statements, which are…