Bitcoin ETFs shed $463M in weekly reversal as Ether ETFs gain $197M
ARKB, GBTC and IBIT led Bitcoin ETF withdrawals, while BlackRock’s ETHA pushed Ether ETFs into weekly inflows.
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ARKB, GBTC and IBIT led Bitcoin ETF withdrawals, while BlackRock’s ETHA pushed Ether ETFs into weekly inflows.
Bitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations.
ARK 21Shares accounted for $164 million of Thursday’s Bitcoin ETF withdrawals, while Ether and Solana funds also recorded net outflows.
Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor.
Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields.
ARKB led Wednesday’s Bitcoin ETF outflows as Ether and Solana funds returned to net inflows.
Bitcoin investors showed little sign of panic selling as BTC held most of its August gains and sell-side risk fell to rare lows, data showed.
Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind.
Bitcoin aggregate onchain profit entered its fourth week, but a popular analyst warned that BTC price “downside risk” remained in place.
Bitcoin fell with US stocks on the opening of Tuesday’s Wall Street trading session as analysis warns that BTC price support at $78,300 must hold.
