Spot bitcoin ETFs report $517 million in net inflows, largest in 3.5 months
Analysts attributed the inflows to the surprise crypto market rally driven by US Treasury Department's buyback expansion announcement.
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Live updates: Bitcoin ETFs draw $517 million, ether pulls $189 million in biggest inflows in months
Spot bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in bearish bets.
Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million
DEFI holders await a late-August cash payout exposed to closing costs and Bitcoin prices after NYSE Arca trading ended Aug. 17. The post Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million appeared first on CryptoSlate.
How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq
Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit into a five-point lead. According to Glassnode's cross-asset return table, Bitcoin fell 44% over the past twelve months while the Nasdaq climbed 24%, making crypto the only asset group in…