Cryptocurrency Market

  • Market Cap: $2,656,972,278,657.25
  • 24h Vol: $73,898,707,870.20
  • BTC Dominance: 58.29%

Blackrock

ethereum-etfs-face-$133m-outflows-as-grayscale’s-ethe-divests-$326m

Ethereum ETFs Face $133M Outflows as Grayscale’s ETHE Divests $326M

Based on recent data, after a period of inflows, nine U.S. spot ethereum exchange-traded funds (ETFs) experienced withdrawals totaling $133.16 million on Wednesday. The majority of these withdrawals came from Grayscale’s ETHE, which saw a significant $326.86 million in outflows on July 24. Wednesday Sees $133M Exit U.S. Ethereum ETFs, Grayscale’s ETHE Major Driver U.S. […]

Ethereum ETFs Face $133M Outflows as Grayscale’s ETHE Divests $326M Read More »

us-ethereum-etfs-hold-$10.24b-in-reserves-following-$106m-in-inflows

US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows

Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nearly Half a Billion Exits ETHE The newly introduced ethereum ETFs performed admirably on Tuesday, registering their first

US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows Read More »

us-spot-bitcoin-etfs-see-record-$533.57m-inflows-ahead-of-ether-etf-launch

US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch

Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest gains for the 11 funds since June 4. Blackrock’s IBIT Dominates Bitcoin ETF Inflows On Monday, U.S. spot bitcoin ETFs attracted $533.57 million, the highest

US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch Read More »

bitcoin-etfs-capture-$216m-in-third-consecutive-day-of-inflows

Bitcoin ETFs Capture $216M in Third Consecutive Day of Inflows

The 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows for the third consecutive day on Tuesday, bringing in $216.33 million. Blackrock’s IBIT was the top performer, securing $121.03 million during the trading sessions. Fidelity’s FBTC and Blackrock’s IBIT Drive Bitcoin ETF Gains With Tuesday’s gains, the cumulative total net inflows for U.S. spot bitcoin

Bitcoin ETFs Capture $216M in Third Consecutive Day of Inflows Read More »

blackrock’s-bitcoin-etf-starts-trading-in-chilean-stock-exchange

Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange

Last week, the Ishares Bitcoin Trust (IBIT) arrived at the Santiago Stock Exchange, the main financial market of Chile. The leading spot bitcoin exchange-traded fund (ETF) instrument, which was approved this year by the U.S. Securities and Exchange Commission (SEC) will now allow Chilean investors to acquire an “accessible and efficient digital asset to include

Blackrock’s Bitcoin ETF Starts Trading in Chilean Stock Exchange Read More »

blackrock’s-ibit-leads-as-us-spot-bitcoin-etfs-enjoy-19th-day-of-inflows

Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT was once again at the forefront, with net inflows amounting to $168 million. Consistent Inflows for U.S. Spot Bitcoin ETFs The inflow trend for U.S. spot bitcoin ETFs continued, adding another day of positive movement.

Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows Read More »

new-us-stock-exchange-launching-in-texas-backed-by-blackrock-and-citadel

New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel

Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the Texas Stock Exchange (TXSE) in Dallas. This new exchange will provide a platform to trade and list public companies and exchange-traded products. With a capital raise of approximately $120 million, TXSE stated that it is

New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel Read More »

blackrock-ceo-expects-inflation-to-persist,-but-no-major-us-recession-in-2023

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.”

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023 Read More »

blackrock-ceo-warns-more-bank-seizures-and-shutdowns-could-result-from-regulatory-changes

Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes

The CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures and shutdowns that could result from regulatory changes in response to the failures of several major banks in the U.S. “It does seem inevitable that some banks will now need to pull back on lending to shore up their balance

Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes Read More »

citizens-trust-bank-to-hold-$65-million-in-usdc-reserves-as-circle-expands-bank-partnerships

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships Read More »