U.S.-listed spot Bitcoin (BTC) and Ether (ETH) ETFs saw outflows after peaks in inflows, with Grayscale's IBIT leading at $73 million, while BlackRock's IBIT had inflows of $75 million.
Ether-tracked ETFs faced significant outflows of nearly $100 million, continuing a four-day losing streak since their launch, with Grayscale's ETHE showing the highest losses.
BTC saw a surge to over $69,000 post-Trump's Bitcoin 2024 conference speech but experienced a 5% drop following a $2 billion BTC transfer by the U.S. Marshals Service, signaling potential liquidation fears.
Traders anticipate increased volatility due to upcoming major U.S. tech firms' earnings releases, known to influence Bitcoin prices, amid a backdrop of other key macroeconomic events.
Collection
[
|
...
]