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Updated: Oct 14, 2024


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Latest Posts

weddressesukraine

September 7, 2024, 7:35

🪙 Vaneck Reveals Plans to Close Ethereum Futures ETF

On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting.

Source

🔹 @Crypto_Ethereum_Bitcoin 🔹

weddressesukraine

September 6, 2024, 14:45

💰 US spot bitcoin ETFs saw $211 million in outflows, extending streak of negative flows

Spot bitcoin exchange-traded funds in the U.S. saw $211.15 million in net outflows on Thursday, recording their seventh consecutive day of negative flows. Fidelity’s FBTC saw the largest amount of outflows among spot bitcoin ETFs, with $149.49 million, according to data from SoSoValue. Bitwise’s BITB followed with $30 million in net outflows. Both Grayscale’s GBTC and mini trust recorded outflows on Thursday.

Source

🔹 @Crypto_Ethereum_Bitcoin 🔹

weddressesukraine

September 4, 2024, 17:40

🪙 Grayscale unlock hindered Ethereum ETFs but inflows suggest brighter future

The US-traded spot Ethereum (ETH) exchange-traded funds (ETFs) registered $476 million in negative net flows during the first month of trading, failing to overcome the outflows stemming from the unlock of Grayscale’s ETHE. Bloomberg senior ETF analyst Eric Balchunas the “heroic” performance of the Newborn Nine spot Bitcoin (BTC) ETFs, which recorded enough inflows to heavily overshadow the massive outflows experienced by GBTC.

Source

🔹 @Crypto_Ethereum_Bitcoin 🔹